Cavendish Hydrogen ASA (STO:CAVENO)

Cavendish Hydrogen ASA Income Statement

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023
Period Ending	Dec 31, 2024	Dec 31, 2023
Operating Revenue	31.01	28.89
Other Revenue	0.34	1.51
Revenue	31.35	30.39
Revenue Growth (YoY)	3.15%	-
Cost of Revenue	15.26	14.27
Gross Profit	16.09	16.12
Selling, General & Admin	21.75	24.01
Other Operating Expenses	13.31	11.48
Operating Expenses	39.69	40.23
Operating Income	-23.6	-24.11
Interest Expense	-0.26	-2.17
Interest & Investment Income	1.29	0.15
Currency Exchange Gain (Loss)	-0.43	-0.83
Other Non Operating Income (Expenses)	-0.55	-2.74
Pretax Income	-23.56	-29.69
Income Tax Expense	-0.8	-0.8
Net Income	-22.76	-28.89
Net Income to Common	-22.76	-28.89
Shares Outstanding (Basic)	34	34
Shares Outstanding (Diluted)	34	34
EPS (Basic)	-0.68	-0.86
EPS (Diluted)	-0.68	-0.86
Free Cash Flow	-25.63	-20.05
Free Cash Flow Per Share	-0.76	-0.60
Gross Margin	51.31%	53.04%
Operating Margin	-75.28%	-79.31%
Profit Margin	-72.60%	-95.05%
Free Cash Flow Margin	-81.75%	-65.96%
EBITDA	-19.52	-19.86
EBITDA Margin	-62.27%	-65.34%
D&A For EBITDA	4.08	4.25
EBIT	-23.6	-24.11
EBIT Margin	-75.28%	-79.31%
Revenue as Reported	31.35	30.39

Source: S&P Global Market Intelligence. Standard template. Financial Sources.