Reach Subsea ASA

Name: Reach Subsea ASA Financial Statements
Creator: AlphaPilot

REACH.OL · OSL

	12/31/2024	12/31/2023	12/31/2022	12/31/2021
Revenue	NOK 2,717,024	NOK 1,966,584	NOK 1,161,533	NOK 673,253
% Growth	38.2%	69.3%	72.5%	–
Cost of Goods Sold	NOK 1,562,743	NOK 401,483	NOK 626,335	NOK 398,440
Gross Profit	NOK 1,154,281	NOK 1,594,420	NOK 284,167	NOK 274,813
% Margin	42.5%	81.1%	24.5%	40.8%
R&D Expenses	NOK 227	NOK 0	NOK 0	NOK 0
G&A Expenses	NOK 170,227	NOK 113,272	NOK 122,260	NOK 56,848
SG&A Expenses	NOK 170,227	NOK 113,272	NOK 122,260	NOK 56,848
Sales & Mktg Exp.	NOK 0	NOK 0	NOK 0	NOK 0
Other Operating Expenses	NOK 620,071	NOK 394,761	NOK 307,683	NOK 138,901
Operating Expenses	NOK 790,525	NOK 231,047	NOK 189,544	NOK 195,749
Operating Income	NOK 363,756	NOK 331,786	NOK 105,255	NOK 79,064
% Margin	13.4%	16.9%	9.1%	11.7%
Other Income/Exp. Net	-NOK 133,747	-NOK 42,252	-NOK 7,232	-NOK 6,018
Pre-Tax Income	NOK 230,009	NOK 289,534	NOK 98,023	NOK 73,046
Tax Expense	NOK 24,575	NOK 63,743	NOK 25,838	-NOK 20,760
Net Income	NOK 205,435	NOK 225,791	NOK 72,185	NOK 93,806
% Margin	7.6%	11.5%	6.2%	13.9%
EPS	0.75	0.89	0.35	0.65
% Growth	-15.7%	154.3%	-46.2%	–
EPS Diluted	0.68	0.88	0.34	0.65
Weighted Avg Shares Out	273,912	253,698	206,967	144,322
Weighted Avg Shares Out Dil	302,109	256,581	209,835	144,322
Supplemental Information	–	–	–	–
Interest Income	NOK 7,556	NOK 4,991	NOK 1,264	NOK 237
Interest Expense	NOK 122,179	NOK 78,461	NOK 15,573	NOK 7,948
Depreciation & Amortization	NOK 806,029	NOK 622,777	NOK 353,532	NOK 239,807
EBITDA	NOK 1,158,332	NOK 931,797	NOK 466,970	NOK 320,655
% Margin	42.6%	47.4%	40.2%	47.6%