Petronor E&P ASA
OSE:PNOR
Income Statement
Earnings Waterfall
Petronor E&P ASA
Revenue
|
204.5m
USD
|
Cost of Revenue
|
-105.7m
USD
|
Gross Profit
|
98.8m
USD
|
Operating Expenses
|
-13.3m
USD
|
Operating Income
|
85.5m
USD
|
Other Expenses
|
-50.9m
USD
|
Net Income
|
34.6m
USD
|
Income Statement
Petronor E&P ASA
Mar-2022 | Jun-2022 | Dec-2022 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||
Revenue |
146
N/A
|
143
-2%
|
146
+2%
|
203
+39%
|
222
+9%
|
187
-16%
|
344
+84%
|
316
-8%
|
313
-1%
|
205
-35%
|
|
Gross Profit | |||||||||||
Cost of Revenue |
(50)
|
(47)
|
(46)
|
(69)
|
(75)
|
(71)
|
(130)
|
(127)
|
(123)
|
(106)
|
|
Gross Profit |
96
N/A
|
96
+0%
|
100
+4%
|
134
+34%
|
147
+10%
|
117
-20%
|
215
+84%
|
190
-12%
|
191
+0%
|
99
-48%
|
|
Operating Income | |||||||||||
Operating Expenses |
(17)
|
(17)
|
(10)
|
(7)
|
(9)
|
(8)
|
(16)
|
(16)
|
(18)
|
(13)
|
|
Selling, General & Administrative |
(13)
|
(14)
|
(9)
|
(8)
|
(10)
|
(11)
|
(20)
|
(21)
|
(22)
|
(13)
|
|
Research & Development |
(4)
|
(2)
|
(1)
|
1
|
1
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
|
Other Operating Expenses |
0
|
(0)
|
0
|
0
|
0
|
4
|
5
|
5
|
5
|
0
|
|
Operating Income |
80
N/A
|
79
0%
|
90
+13%
|
127
+41%
|
138
+8%
|
109
-21%
|
198
+83%
|
173
-13%
|
173
0%
|
86
-51%
|
|
Pre-Tax Income | |||||||||||
Interest Income Expense |
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(1)
|
(3)
|
(1)
|
(1)
|
3
|
|
Non-Reccuring Items |
(5)
|
(6)
|
(5)
|
(5)
|
(6)
|
(4)
|
(8)
|
(7)
|
(6)
|
(1)
|
|
Total Other Income |
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(4)
|
(3)
|
(3)
|
(3)
|
|
Pre-Tax Income |
70
N/A
|
69
-1%
|
80
+15%
|
116
+45%
|
125
+8%
|
101
-19%
|
183
+82%
|
163
-11%
|
163
+0%
|
85
-48%
|
|
Net Income | |||||||||||
Tax Provision |
(50)
|
(58)
|
(48)
|
(41)
|
(53)
|
(40)
|
(80)
|
(73)
|
(71)
|
(40)
|
|
Income from Continuing Operations |
19
|
11
|
32
|
75
|
73
|
61
|
104
|
90
|
93
|
45
|
|
Income to Minority Interest |
(12)
|
(8)
|
(7)
|
(14)
|
(14)
|
(11)
|
(20)
|
(17)
|
(18)
|
(8)
|
|
Net Income (Common) |
8
N/A
|
3
-63%
|
27
+812%
|
61
+125%
|
59
-4%
|
68
+16%
|
102
+50%
|
91
-11%
|
93
+2%
|
35
-63%
|
|
EPS (Diluted) |
0.06
N/A
|
0.02
-67%
|
0.18
+800%
|
0.43
+139%
|
0.41
-5%
|
0.47
+15%
|
0.71
+51%
|
0.63
-11%
|
0.65
+3%
|
0.26
-60%
|