
Photocure ASA
OSE:PHO

Income Statement
Earnings Waterfall
Photocure ASA
Revenue
|
525.4m
NOK
|
Cost of Revenue
|
-30.7m
NOK
|
Gross Profit
|
494.7m
NOK
|
Operating Expenses
|
-474.3m
NOK
|
Operating Income
|
20.4m
NOK
|
Other Expenses
|
-25.2m
NOK
|
Net Income
|
-4.8m
NOK
|
Income Statement
Photocure ASA
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
129
N/A
|
138
+7%
|
147
+7%
|
126
-14%
|
135
+7%
|
140
+4%
|
141
+0%
|
140
0%
|
144
+3%
|
145
+1%
|
149
+3%
|
150
+0%
|
151
+1%
|
156
+3%
|
162
+4%
|
171
+5%
|
182
+6%
|
192
+6%
|
199
+4%
|
216
+8%
|
282
+30%
|
284
+1%
|
285
+0%
|
274
-4%
|
256
-6%
|
290
+13%
|
326
+13%
|
364
+11%
|
361
-1%
|
354
-2%
|
364
+3%
|
383
+5%
|
393
+3%
|
418
+6%
|
462
+10%
|
462
+0%
|
501
+8%
|
512
+2%
|
514
+0%
|
526
+2%
|
525
0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(9)
|
(8)
|
(9)
|
(9)
|
(10)
|
(10)
|
(11)
|
(12)
|
(13)
|
(15)
|
(16)
|
(17)
|
(19)
|
(19)
|
(20)
|
(23)
|
(23)
|
(21)
|
(19)
|
(19)
|
(17)
|
(22)
|
(23)
|
(24)
|
(25)
|
(24)
|
(25)
|
(23)
|
(23)
|
(25)
|
(26)
|
(26)
|
(27)
|
(28)
|
(29)
|
(31)
|
|
Gross Profit |
122
N/A
|
130
+7%
|
140
+7%
|
118
-15%
|
126
+7%
|
131
+4%
|
132
+1%
|
131
-1%
|
134
+2%
|
135
+1%
|
139
+2%
|
138
0%
|
139
+0%
|
143
+3%
|
148
+3%
|
155
+5%
|
164
+6%
|
173
+5%
|
180
+4%
|
196
+9%
|
259
+32%
|
261
+1%
|
264
+1%
|
255
-4%
|
238
-7%
|
272
+14%
|
305
+12%
|
340
+12%
|
336
-1%
|
329
-2%
|
340
+3%
|
359
+6%
|
370
+3%
|
395
+7%
|
437
+11%
|
436
0%
|
475
+9%
|
485
+2%
|
485
+0%
|
497
+2%
|
495
0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(128)
|
(138)
|
(135)
|
(140)
|
(148)
|
(151)
|
(154)
|
(154)
|
(150)
|
(157)
|
(162)
|
(173)
|
(184)
|
(186)
|
(186)
|
(186)
|
(188)
|
(195)
|
(207)
|
(212)
|
(216)
|
(221)
|
(230)
|
(234)
|
(261)
|
(275)
|
(295)
|
(327)
|
(342)
|
(367)
|
(382)
|
(396)
|
(419)
|
(431)
|
(452)
|
(454)
|
(447)
|
(449)
|
(445)
|
(455)
|
(474)
|
|
Selling, General & Administrative |
(55)
|
(58)
|
(61)
|
(66)
|
(73)
|
(76)
|
(80)
|
(81)
|
(80)
|
(82)
|
(87)
|
(93)
|
(96)
|
(102)
|
(106)
|
(111)
|
(121)
|
(130)
|
(137)
|
(143)
|
(149)
|
(154)
|
(162)
|
(165)
|
(188)
|
(201)
|
(220)
|
(247)
|
(260)
|
(274)
|
(285)
|
(293)
|
(303)
|
(314)
|
(326)
|
(331)
|
(335)
|
(337)
|
(341)
|
(347)
|
(355)
|
|
Research & Development |
(33)
|
(31)
|
(31)
|
(31)
|
(31)
|
(30)
|
(26)
|
(25)
|
(23)
|
(27)
|
(29)
|
(32)
|
(33)
|
(28)
|
(26)
|
(23)
|
(19)
|
(18)
|
(16)
|
(15)
|
(14)
|
(13)
|
(13)
|
(14)
|
(14)
|
(11)
|
(10)
|
(7)
|
(4)
|
(5)
|
(4)
|
(4)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(4)
|
(4)
|
|
Other Operating Expenses |
(40)
|
(49)
|
(42)
|
(42)
|
(44)
|
(45)
|
(48)
|
(49)
|
(47)
|
(48)
|
(47)
|
(47)
|
(55)
|
(56)
|
(53)
|
(52)
|
(48)
|
(47)
|
(53)
|
(54)
|
(54)
|
(54)
|
(55)
|
(55)
|
(60)
|
(63)
|
(65)
|
(74)
|
(78)
|
(87)
|
(93)
|
(99)
|
(113)
|
(114)
|
(124)
|
(121)
|
(110)
|
(109)
|
(101)
|
(104)
|
(116)
|
|
Operating Income |
(6)
N/A
|
(7)
-29%
|
5
N/A
|
(22)
N/A
|
(22)
-1%
|
(20)
+11%
|
(22)
-13%
|
(23)
-2%
|
(16)
+30%
|
(21)
-35%
|
(24)
-11%
|
(34)
-45%
|
(45)
-31%
|
(42)
+7%
|
(38)
+10%
|
(30)
+20%
|
(24)
+22%
|
(22)
+6%
|
(26)
-19%
|
(16)
+40%
|
43
N/A
|
40
-7%
|
34
-15%
|
20
-40%
|
(23)
N/A
|
(2)
+90%
|
10
N/A
|
13
+28%
|
(6)
N/A
|
(38)
-552%
|
(42)
-11%
|
(37)
+12%
|
(49)
-31%
|
(37)
+25%
|
(15)
+58%
|
(18)
-16%
|
28
N/A
|
36
+30%
|
40
+11%
|
42
+4%
|
20
-51%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
7
|
7
|
7
|
9
|
5
|
5
|
4
|
1
|
4
|
29
|
30
|
30
|
4
|
2
|
1
|
1
|
1
|
3
|
3
|
5
|
4
|
13
|
18
|
26
|
10
|
37
|
32
|
24
|
(25)
|
(31)
|
(28)
|
(29)
|
(22)
|
13
|
15
|
19
|
(18)
|
11
|
12
|
12
|
24
|
|
Non-Reccuring Items |
(8)
|
0
|
(16)
|
(16)
|
(11)
|
(11)
|
(3)
|
(3)
|
25
|
0
|
0
|
0
|
0
|
0
|
(13)
|
(13)
|
(14)
|
(14)
|
(1)
|
(1)
|
0
|
(2)
|
(3)
|
(10)
|
(13)
|
(11)
|
(10)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(2)
|
(2)
|
(2)
|
(0)
|
(4)
|
(9)
|
(16)
|
(8)
|
(32)
|
(34)
|
(34)
|
(1)
|
(11)
|
(10)
|
(10)
|
(0)
|
(30)
|
(33)
|
(36)
|
0
|
(31)
|
(32)
|
(30)
|
(36)
|
|
Pre-Tax Income |
(7)
N/A
|
(1)
+92%
|
(4)
-693%
|
(29)
-542%
|
(28)
+2%
|
(25)
+9%
|
(21)
+17%
|
(24)
-16%
|
13
N/A
|
8
-39%
|
6
-25%
|
(4)
N/A
|
(42)
-852%
|
(40)
+4%
|
(50)
-25%
|
(43)
+14%
|
(37)
+14%
|
(35)
+4%
|
(26)
+25%
|
(15)
+44%
|
46
N/A
|
47
+3%
|
40
-15%
|
20
-49%
|
(33)
N/A
|
(8)
+76%
|
(2)
+78%
|
1
N/A
|
(32)
N/A
|
(79)
-150%
|
(81)
-2%
|
(76)
+6%
|
(71)
+6%
|
(54)
+24%
|
(33)
+39%
|
(35)
-7%
|
10
N/A
|
16
+63%
|
20
+27%
|
24
+19%
|
8
-65%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(18)
|
(22)
|
(25)
|
(30)
|
(8)
|
(0)
|
24
|
32
|
23
|
21
|
0
|
1
|
7
|
9
|
7
|
5
|
0
|
(3)
|
(1)
|
(8)
|
(14)
|
(28)
|
(24)
|
(11)
|
11
|
19
|
10
|
7
|
1
|
11
|
5
|
(3)
|
(1)
|
(8)
|
(6)
|
2
|
(9)
|
(11)
|
(7)
|
(10)
|
(13)
|
|
Income from Continuing Operations |
(25)
|
(23)
|
(29)
|
(58)
|
(36)
|
(26)
|
3
|
8
|
35
|
29
|
6
|
(4)
|
(35)
|
(31)
|
(43)
|
(38)
|
(37)
|
(39)
|
(27)
|
(23)
|
32
|
19
|
15
|
10
|
(22)
|
10
|
9
|
7
|
(31)
|
(68)
|
(76)
|
(79)
|
(72)
|
(62)
|
(39)
|
(34)
|
1
|
5
|
13
|
14
|
(5)
|
|
Net Income (Common) |
(25)
N/A
|
(23)
+8%
|
(29)
-29%
|
(58)
-100%
|
(36)
+38%
|
(26)
+28%
|
3
N/A
|
8
+167%
|
35
+339%
|
29
-18%
|
6
-78%
|
(4)
N/A
|
(35)
-803%
|
(31)
+11%
|
(43)
-40%
|
(38)
+12%
|
(37)
+3%
|
(39)
-5%
|
(27)
+31%
|
(23)
+15%
|
32
N/A
|
19
-40%
|
15
-19%
|
10
-36%
|
(22)
N/A
|
10
N/A
|
9
-18%
|
7
-13%
|
(31)
N/A
|
(68)
-120%
|
(76)
-12%
|
(79)
-3%
|
(72)
+8%
|
(62)
+14%
|
(39)
+37%
|
(34)
+13%
|
1
N/A
|
5
+392%
|
13
+166%
|
14
+10%
|
(5)
N/A
|
|
EPS (Diluted) |
-1.16
N/A
|
-1.06
+9%
|
-1.37
-29%
|
-2.69
-96%
|
-1.69
+37%
|
-1.21
+28%
|
0.14
N/A
|
0.37
+164%
|
1.63
+341%
|
1.34
-18%
|
0.28
-79%
|
-0.19
N/A
|
-1.61
-747%
|
-1.43
+11%
|
-2
-40%
|
-1.75
+13%
|
-1.7
+3%
|
-1.79
-5%
|
-1.24
+31%
|
-1.05
+15%
|
1.46
N/A
|
0.87
-40%
|
0.65
-25%
|
0.36
-45%
|
-0.91
N/A
|
0.39
N/A
|
0.32
-18%
|
0.28
-13%
|
-1.15
N/A
|
-2.54
-121%
|
-2.79
-10%
|
-2.92
-5%
|
-2.66
+9%
|
-2.27
+15%
|
-1.43
+37%
|
-1.26
+12%
|
0.04
N/A
|
0.18
+350%
|
0.47
+161%
|
0.52
+11%
|
-0.18
N/A
|