Solstad Offshore ASA

SLOFF · OTC
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$2,480,087$6,730,333$6,295,321$5,128,173
% Growth-63.2%6.9%22.8%
Cost of Goods Sold$1,579,940$1,778,094$3,625,558$3,308,633
Gross Profit$900,147$4,952,239$2,669,763$1,819,540
% Margin36.3%73.6%42.4%35.5%
R&D Expenses$0$0$0$0
G&A Expenses$315,231$762,330$579,239$557,152
SG&A Expenses$315,231$831,445$579,239$557,152
Sales & Mktg Exp.$0$69,115$0$0
Other Operating Expenses-$460,668$2,177,002$1,142,450$2,262,600
Operating Expenses-$145,437$3,008,447$1,721,689$2,819,752
Operating Income$1,045,584$1,943,792$1,218,713-$7,159
% Margin42.2%28.9%19.4%-0.1%
Other Income/Exp. Net$307,121-$1,598,813-$1,562,363-$1,103,239
Pre-Tax Income$1,352,705$344,979-$343,650-$1,110,398
Tax Expense$48,754$56,641$98,061$25,664
Net Income$1,272,202$400,430-$1,117,803-$1,102,449
% Margin51.3%5.9%-17.8%-21.5%
EPS15.452.59-5.81-14.68
% Growth496.5%144.6%60.4%
EPS Diluted15.453.64-5.81-14.68
Weighted Avg Shares Out82,347109,95776,93575,107
Weighted Avg Shares Out Dil82,34778,30276,93575,107
Supplemental Information
Interest Income$79,110$118,482$4,738$10,295
Interest Expense$569,890$1,683,318$108,484$1,003,543
Depreciation & Amortization$334,467$1,103,275$996,628$1,264,150
EBITDA$2,257,062$2,806,548$1,695,066$1,156,940
% Margin91%41.7%26.9%22.6%