
Medistim ASA
OSE:MEDI

Income Statement
Earnings Waterfall
Medistim ASA
Revenue
|
562.6m
NOK
|
Cost of Revenue
|
-113.7m
NOK
|
Gross Profit
|
448.9m
NOK
|
Operating Expenses
|
-317.8m
NOK
|
Operating Income
|
131.1m
NOK
|
Other Expenses
|
-27.2m
NOK
|
Net Income
|
103.8m
NOK
|
Income Statement
Medistim 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 |
215
N/A
|
224
+4%
|
233
+4%
|
243
+4%
|
251
+4%
|
259
+3%
|
269
+4%
|
275
+2%
|
268
-3%
|
277
+3%
|
279
+1%
|
287
+3%
|
301
+5%
|
301
0%
|
308
+2%
|
310
+1%
|
326
+5%
|
340
+4%
|
358
+5%
|
366
+2%
|
364
-1%
|
378
+4%
|
367
-3%
|
365
-1%
|
363
0%
|
363
0%
|
390
+8%
|
409
+5%
|
427
+5%
|
441
+3%
|
449
+2%
|
463
+3%
|
492
+6%
|
505
+3%
|
525
+4%
|
533
+1%
|
526
-1%
|
531
+1%
|
538
+1%
|
547
+2%
|
563
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(56)
|
(60)
|
(61)
|
(62)
|
(65)
|
(63)
|
(67)
|
(69)
|
(65)
|
(67)
|
(69)
|
(69)
|
(73)
|
(73)
|
(73)
|
(79)
|
(79)
|
(82)
|
(84)
|
(81)
|
(80)
|
(83)
|
(77)
|
(74)
|
(77)
|
(76)
|
(83)
|
(91)
|
(97)
|
(98)
|
(103)
|
(102)
|
(106)
|
(109)
|
(110)
|
(111)
|
(112)
|
(111)
|
(110)
|
(114)
|
(114)
|
|
Gross Profit |
159
N/A
|
164
+3%
|
172
+5%
|
181
+5%
|
187
+3%
|
196
+5%
|
202
+3%
|
207
+2%
|
203
-2%
|
210
+3%
|
210
+0%
|
218
+4%
|
229
+5%
|
228
0%
|
236
+3%
|
231
-2%
|
247
+7%
|
259
+5%
|
274
+6%
|
285
+4%
|
284
0%
|
296
+4%
|
290
-2%
|
290
+0%
|
287
-1%
|
286
0%
|
307
+7%
|
317
+3%
|
330
+4%
|
343
+4%
|
345
+1%
|
361
+5%
|
385
+7%
|
396
+3%
|
414
+5%
|
422
+2%
|
414
-2%
|
420
+1%
|
428
+2%
|
433
+1%
|
449
+4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(116)
|
(118)
|
(123)
|
(129)
|
(134)
|
(142)
|
(143)
|
(145)
|
(147)
|
(151)
|
(155)
|
(159)
|
(163)
|
(165)
|
(168)
|
(169)
|
(173)
|
(178)
|
(181)
|
(187)
|
(194)
|
(201)
|
(198)
|
(197)
|
(191)
|
(187)
|
(192)
|
(198)
|
(214)
|
(222)
|
(230)
|
(237)
|
(244)
|
(255)
|
(268)
|
(276)
|
(283)
|
(289)
|
(299)
|
(305)
|
(318)
|
|
Selling, General & Administrative |
(69)
|
(71)
|
(74)
|
(77)
|
(85)
|
(83)
|
(86)
|
(88)
|
(95)
|
(93)
|
(94)
|
(97)
|
(104)
|
(100)
|
(101)
|
(101)
|
(111)
|
(110)
|
(112)
|
(118)
|
(124)
|
(124)
|
(123)
|
(122)
|
(121)
|
(118)
|
(121)
|
(125)
|
(135)
|
(139)
|
(142)
|
(145)
|
(154)
|
(150)
|
(156)
|
(159)
|
(170)
|
(168)
|
(174)
|
(178)
|
(197)
|
|
Depreciation & Amortization |
(8)
|
(9)
|
(9)
|
(10)
|
(11)
|
(11)
|
(11)
|
(11)
|
(12)
|
(12)
|
(12)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(12)
|
(14)
|
(15)
|
(16)
|
(18)
|
(19)
|
(20)
|
(22)
|
(23)
|
(24)
|
(24)
|
(24)
|
(23)
|
(23)
|
(24)
|
(23)
|
(23)
|
(23)
|
(23)
|
(23)
|
(24)
|
(24)
|
(25)
|
(25)
|
(25)
|
|
Other Operating Expenses |
(38)
|
(38)
|
(40)
|
(42)
|
(39)
|
(48)
|
(46)
|
(45)
|
(40)
|
(46)
|
(49)
|
(49)
|
(46)
|
(52)
|
(54)
|
(55)
|
(49)
|
(55)
|
(53)
|
(53)
|
(52)
|
(58)
|
(55)
|
(54)
|
(46)
|
(45)
|
(48)
|
(49)
|
(56)
|
(60)
|
(65)
|
(69)
|
(67)
|
(82)
|
(89)
|
(94)
|
(89)
|
(97)
|
(100)
|
(102)
|
(96)
|
|
Operating Income |
43
N/A
|
46
+6%
|
49
+7%
|
52
+5%
|
53
+2%
|
54
+2%
|
59
+9%
|
62
+6%
|
56
-9%
|
59
+4%
|
55
-6%
|
59
+6%
|
65
+11%
|
63
-4%
|
68
+7%
|
63
-7%
|
74
+18%
|
80
+9%
|
93
+16%
|
98
+5%
|
90
-8%
|
95
+5%
|
91
-3%
|
93
+2%
|
95
+3%
|
100
+4%
|
115
+15%
|
119
+4%
|
116
-2%
|
121
+4%
|
115
-4%
|
124
+8%
|
141
+14%
|
141
+0%
|
146
+3%
|
146
0%
|
131
-10%
|
130
-1%
|
129
-1%
|
127
-1%
|
131
+3%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
2
|
3
|
4
|
5
|
5
|
3
|
2
|
(1)
|
(3)
|
(2)
|
(1)
|
(2)
|
1
|
(1)
|
(1)
|
(0)
|
1
|
2
|
2
|
3
|
2
|
4
|
2
|
(1)
|
(4)
|
(8)
|
(5)
|
(4)
|
(2)
|
(2)
|
2
|
(1)
|
4
|
6
|
2
|
5
|
4
|
2
|
8
|
5
|
3
|
|
Non-Reccuring Items |
0
|
0
|
(3)
|
(3)
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
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)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
1
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(2)
|
(0)
|
0
|
|
Pre-Tax Income |
45
N/A
|
49
+8%
|
50
+3%
|
54
+8%
|
56
+3%
|
57
+3%
|
61
+6%
|
62
+2%
|
54
-14%
|
57
+7%
|
54
-5%
|
57
+5%
|
67
+17%
|
62
-6%
|
66
+6%
|
62
-6%
|
74
+19%
|
82
+11%
|
95
+15%
|
101
+7%
|
91
-10%
|
98
+8%
|
94
-5%
|
92
-2%
|
92
0%
|
92
+0%
|
109
+19%
|
115
+5%
|
114
0%
|
119
+4%
|
117
-2%
|
124
+6%
|
146
+18%
|
147
+1%
|
148
+0%
|
151
+2%
|
135
-10%
|
132
-3%
|
135
+3%
|
132
-2%
|
134
+1%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(14)
|
(15)
|
(13)
|
(15)
|
(15)
|
(15)
|
(16)
|
(17)
|
(14)
|
(16)
|
(16)
|
(16)
|
(19)
|
(17)
|
(18)
|
(17)
|
(17)
|
(19)
|
(22)
|
(23)
|
(21)
|
(23)
|
(20)
|
(21)
|
(22)
|
(22)
|
(25)
|
(26)
|
(23)
|
(26)
|
(25)
|
(26)
|
(32)
|
(31)
|
(32)
|
(34)
|
(31)
|
(29)
|
(31)
|
(31)
|
(30)
|
|
Income from Continuing Operations |
31
|
33
|
37
|
39
|
40
|
43
|
45
|
45
|
39
|
41
|
39
|
41
|
48
|
45
|
48
|
46
|
57
|
64
|
73
|
79
|
70
|
75
|
74
|
71
|
69
|
70
|
84
|
88
|
91
|
93
|
92
|
98
|
114
|
116
|
116
|
117
|
104
|
103
|
104
|
102
|
104
|
|
Net Income (Common) |
31
N/A
|
33
+7%
|
37
+10%
|
39
+7%
|
40
+3%
|
43
+5%
|
45
+5%
|
45
+2%
|
39
-14%
|
41
+6%
|
39
-7%
|
41
+6%
|
48
+16%
|
45
-5%
|
48
+6%
|
46
-5%
|
57
+25%
|
64
+11%
|
73
+15%
|
79
+8%
|
70
-11%
|
75
+7%
|
74
-2%
|
71
-3%
|
69
-3%
|
70
+1%
|
84
+20%
|
88
+5%
|
91
+3%
|
93
+2%
|
92
-1%
|
98
+6%
|
114
+17%
|
116
+2%
|
116
0%
|
117
+1%
|
104
-11%
|
103
-1%
|
104
+2%
|
102
-3%
|
104
+2%
|
|
EPS (Diluted) |
1.73
N/A
|
1.85
+7%
|
2.03
+10%
|
2.17
+7%
|
2.23
+3%
|
2.34
+5%
|
2.45
+5%
|
2.5
+2%
|
2.15
-14%
|
2.28
+6%
|
2.13
-7%
|
2.25
+6%
|
2.62
+16%
|
2.49
-5%
|
2.65
+6%
|
2.52
-5%
|
3.14
+25%
|
3.5
+11%
|
4.02
+15%
|
4.33
+8%
|
3.87
-11%
|
4.15
+7%
|
4.04
-3%
|
3.91
-3%
|
3.8
-3%
|
3.84
+1%
|
4.6
+20%
|
4.84
+5%
|
4.98
+3%
|
5.08
+2%
|
5.02
-1%
|
5.34
+6%
|
6.24
+17%
|
6.34
+2%
|
6.33
0%
|
6.41
+1%
|
5.67
-12%
|
5.6
-1%
|
5.7
+2%
|
5.55
-3%
|
5.67
+2%
|