Reach Subsea ASA (REACH.OL)

NOK 7.56

(5.0%)

Annual Income Statements

(In NOK)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 1.96 Billion 1.16 Billion 673.25 Million 618.87 Million 508.53 Million 675.26 Million
Cost of Revenue 1.12 Billion 626.33 Million 398.44 Million 378.35 Million 371.86 Million 488.96 Million
Gross Profit 839.81 Million 535.19 Million 274.81 Million 240.51 Million 136.66 Million 186.3 Million
Operating Expenses 508.03 Million 429.94 Million 195.74 Million 181.69 Million 152.98 Million 190.28 Million
Selling, General and Administrative Expenses 113.27 Million 122.26 Million 56.84 Million 61.82 Million 53.58 Million 49.66 Million
Research and Development Expenses - - - - - -
Other Expenses 394.76 Million 307.68 Million 138.9 Million 119.86 Million 99.4 Million 140.62 Million
Cost and Expenses 1.63 Billion 1.05 Billion 594.18 Million 560.04 Million 524.85 Million 679.25 Million
Operating Income 331.78 Million 105.25 Million 79.06 Million 51.31 Million -24.23 Million -3.98 Million
Interest Expense 77.88 Million 15.41 Million 7.84 Million 6.57 Million 11.45 Million 9.54 Million
Income Tax Expense 63.74 Million 25.83 Million -20.76 Million 14.08 Million 24 Thousand 500 Thousand
Earnings before Tax 289.53 Million 98.02 Million 73.04 Million 43.1 Million -35.68 Million -11.6 Million
Net Income 225.79 Million 72.18 Million 93.8 Million 29.02 Million -35.7 Million -12.1 Million
Earnings Per Share Basic 0.89 0.35 0.65 0.20 -0.25 -0.08
Earnings Per Share Diluted 0.88 0.34 0.65 0.20 -0.24 -0.08
Weighted Average Shares Outstanding 252.61 Million 207.89 Million 144.32 Million 144.19 Million 144.19 Million 143.96 Million
Weighted Average Shares Outstanding (Diluted) 256.13 Million 210.77 Million 144.32 Million 144.19 Million 145.94 Million 144.71 Million
Gross Margin 0.43 0.46 0.41 0.39 0.27 0.28
EBIT Margin 0.47 0.40 0.48 0.43 0.32 0.41
Profit Margin 0.11 0.06 0.14 0.05 -0.07 -0.02
EBITDA 931.79 Million 457.78 Million 320.65 Million 257.78 Million 163.49 Million 245.04 Million
Earnings Before Tax Margin 0.17 0.09 0.12 0.08 -0.05 -0.01

Income Statement Charts