Panoro Energy ASA
OSE:PEN
Income Statement
Earnings Waterfall
Panoro Energy ASA
Income Statement
Panoro Energy ASA
| Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | 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 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
17
|
0
|
0
|
0
|
23
|
0
|
0
|
0
|
18
|
0
|
0
|
0
|
18
|
0
|
0
|
0
|
25
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
7
|
0
|
0
|
0
|
10
|
0
|
0
|
0
|
13
|
0
|
0
|
0
|
17
|
0
|
0
|
0
|
|
| Revenue |
35
N/A
|
39
+12%
|
41
+5%
|
43
+5%
|
44
+4%
|
42
-4%
|
41
-4%
|
38
-6%
|
37
-4%
|
37
+2%
|
42
+12%
|
44
+7%
|
46
+4%
|
35
-24%
|
23
-35%
|
11
-53%
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
3
N/A
|
2
-43%
|
3
+67%
|
3
N/A
|
3
-11%
|
6
+105%
|
5
-22%
|
9
+99%
|
9
-5%
|
12
+37%
|
30
+145%
|
34
+16%
|
40
+18%
|
43
+6%
|
28
-34%
|
25
-12%
|
24
-5%
|
24
+3%
|
35
+46%
|
52
+49%
|
49
-7%
|
114
+134%
|
118
+4%
|
100
-15%
|
193
+92%
|
180
-7%
|
225
+25%
|
225
+0%
|
236
+5%
|
218
-8%
|
226
+4%
|
294
+30%
|
223
-24%
|
268
+20%
|
218
-19%
|
211
-3%
|
239
+13%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
12
|
12
|
10
|
9
|
(13)
|
5
|
(18)
|
34
|
45
|
13
|
|
| Gross Profit |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
18
N/A
|
125
+596%
|
238
+91%
|
236
-1%
|
281
+19%
|
228
-19%
|
268
+17%
|
251
-6%
|
256
+2%
|
252
-2%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(32)
|
(25)
|
(31)
|
(26)
|
(30)
|
(33)
|
(28)
|
(32)
|
(32)
|
(31)
|
(33)
|
(32)
|
(31)
|
(25)
|
(19)
|
(13)
|
(2)
|
(1)
|
(1)
|
(1)
|
(7)
|
(8)
|
(7)
|
(7)
|
(7)
|
(6)
|
(6)
|
(10)
|
(3)
|
(7)
|
(7)
|
(5)
|
(12)
|
(10)
|
(13)
|
(15)
|
(17)
|
(24)
|
(26)
|
(26)
|
(25)
|
(21)
|
(22)
|
(23)
|
(25)
|
(32)
|
16
|
9
|
(78)
|
(91)
|
(155)
|
(108)
|
(89)
|
(134)
|
(135)
|
(151)
|
(133)
|
(141)
|
(156)
|
(146)
|
(155)
|
(180)
|
(189)
|
(187)
|
|
| Selling, General & Administrative |
(7)
|
(8)
|
(9)
|
(10)
|
(13)
|
(15)
|
(16)
|
(18)
|
(17)
|
(17)
|
(18)
|
(18)
|
(17)
|
(15)
|
(12)
|
(9)
|
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(1)
|
(1)
|
(1)
|
(1)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(6)
|
(6)
|
(6)
|
(8)
|
(9)
|
(8)
|
(8)
|
(6)
|
(8)
|
(10)
|
(8)
|
(9)
|
(8)
|
(12)
|
(12)
|
(13)
|
(14)
|
(14)
|
(14)
|
(15)
|
(14)
|
|
| Research & Development |
(18)
|
(11)
|
(16)
|
(8)
|
(8)
|
(9)
|
(4)
|
(7)
|
(9)
|
(9)
|
(10)
|
(9)
|
(6)
|
(5)
|
(3)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
|
| Depreciation & Amortization |
(6)
|
(7)
|
(7)
|
(8)
|
(9)
|
(8)
|
(8)
|
(7)
|
(6)
|
(6)
|
(7)
|
(7)
|
(8)
|
(6)
|
(4)
|
(2)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(4)
|
(5)
|
(7)
|
(8)
|
(7)
|
(6)
|
(6)
|
(5)
|
(7)
|
(7)
|
(13)
|
(20)
|
(28)
|
(35)
|
(36)
|
(36)
|
(35)
|
(32)
|
(32)
|
(35)
|
(40)
|
(47)
|
(50)
|
(52)
|
(54)
|
(56)
|
(57)
|
(54)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
0
|
3
|
1
|
1
|
0
|
(1)
|
5
|
5
|
6
|
6
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(3)
|
(1)
|
(4)
|
(3)
|
(2)
|
(6)
|
(4)
|
(7)
|
(7)
|
(8)
|
(12)
|
(12)
|
(11)
|
(11)
|
(7)
|
(9)
|
(12)
|
(12)
|
(18)
|
38
|
38
|
(35)
|
(48)
|
(112)
|
(64)
|
(44)
|
(94)
|
(94)
|
(108)
|
(81)
|
(82)
|
(93)
|
(79)
|
(86)
|
(110)
|
(117)
|
(118)
|
|
| Operating Income |
3
N/A
|
14
+395%
|
9
-33%
|
17
+85%
|
14
-19%
|
10
-28%
|
12
+23%
|
6
-47%
|
4
-33%
|
6
+39%
|
9
+45%
|
13
+44%
|
15
+20%
|
10
-35%
|
4
-60%
|
(3)
N/A
|
(2)
+30%
|
(1)
+26%
|
(1)
-6%
|
(1)
+25%
|
(7)
-604%
|
(8)
-3%
|
(7)
+3%
|
(7)
+0%
|
(7)
+7%
|
(6)
+11%
|
(6)
+6%
|
(6)
-8%
|
(1)
+76%
|
(3)
-130%
|
(4)
-11%
|
(2)
+52%
|
(6)
-253%
|
(5)
+17%
|
(4)
+27%
|
(6)
-55%
|
(5)
+20%
|
6
N/A
|
8
+46%
|
14
+71%
|
18
+24%
|
8
-57%
|
3
-68%
|
0
-93%
|
(1)
N/A
|
3
N/A
|
68
+2 178%
|
58
-15%
|
36
-37%
|
27
-26%
|
(54)
N/A
|
85
N/A
|
91
+8%
|
90
-1%
|
102
+13%
|
97
-5%
|
94
-3%
|
94
0%
|
126
+34%
|
83
-34%
|
96
+16%
|
71
-26%
|
67
-6%
|
65
-2%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(13)
|
30
|
(10)
|
(21)
|
(22)
|
(21)
|
(16)
|
(26)
|
(13)
|
(23)
|
(29)
|
(16)
|
(17)
|
(29)
|
(35)
|
(32)
|
(21)
|
(22)
|
(7)
|
(7)
|
(4)
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(5)
|
(5)
|
(3)
|
(5)
|
11
|
8
|
5
|
5
|
(9)
|
(11)
|
(14)
|
(15)
|
(23)
|
(24)
|
(23)
|
(17)
|
(17)
|
(16)
|
(20)
|
(14)
|
(19)
|
(20)
|
(20)
|
(17)
|
(19)
|
(19)
|
(21)
|
|
| Non-Reccuring Items |
(14)
|
(14)
|
(19)
|
(7)
|
(6)
|
(7)
|
(3)
|
(2)
|
(0)
|
(0)
|
(0)
|
(0)
|
(47)
|
(47)
|
(49)
|
(49)
|
(2)
|
(2)
|
(0)
|
(0)
|
(1)
|
(1)
|
(33)
|
(33)
|
(32)
|
(49)
|
(17)
|
(17)
|
(39)
|
(22)
|
(48)
|
(49)
|
(30)
|
(29)
|
(3)
|
(3)
|
(1)
|
(1)
|
7
|
7
|
7
|
7
|
0
|
0
|
(1)
|
0
|
0
|
0
|
45
|
57
|
71
|
0
|
(10)
|
13
|
0
|
(0)
|
(1)
|
(4)
|
(3)
|
(3)
|
(0)
|
(0)
|
(1)
|
(1)
|
|
| Total Other Income |
33
|
(15)
|
(7)
|
(1)
|
(5)
|
(1)
|
(6)
|
(11)
|
(18)
|
(4)
|
(4)
|
(5)
|
(4)
|
6
|
7
|
8
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
|
| Pre-Tax Income |
9
N/A
|
14
+61%
|
(27)
N/A
|
(12)
+55%
|
(19)
-54%
|
(19)
-3%
|
(13)
+35%
|
(33)
-159%
|
(27)
+18%
|
(21)
+21%
|
(24)
-13%
|
(8)
+65%
|
(52)
-522%
|
(60)
-15%
|
(73)
-21%
|
(75)
-3%
|
(25)
+67%
|
(26)
-3%
|
(9)
+64%
|
(9)
+7%
|
(12)
-39%
|
(8)
+32%
|
(40)
-393%
|
(40)
+1%
|
(39)
+2%
|
(55)
-41%
|
(23)
+59%
|
(23)
-2%
|
(40)
-75%
|
(26)
+37%
|
(52)
-104%
|
(51)
+3%
|
(36)
+28%
|
(35)
+3%
|
(8)
+79%
|
(10)
-33%
|
(6)
+39%
|
(0)
+93%
|
10
N/A
|
18
+68%
|
19
+7%
|
24
+29%
|
10
-61%
|
4
-53%
|
2
-48%
|
(6)
N/A
|
57
N/A
|
44
-22%
|
63
+44%
|
61
-5%
|
(8)
N/A
|
62
N/A
|
60
-3%
|
87
+44%
|
87
0%
|
77
-11%
|
74
-4%
|
71
-5%
|
102
+44%
|
60
-42%
|
78
+31%
|
52
-34%
|
47
-10%
|
44
-6%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(5)
|
(12)
|
6
|
(2)
|
5
|
3
|
(6)
|
2
|
(3)
|
(5)
|
(1)
|
(6)
|
5
|
7
|
10
|
11
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(6)
|
(8)
|
(12)
|
(13)
|
(9)
|
(7)
|
(5)
|
(5)
|
(5)
|
(8)
|
(12)
|
(21)
|
(26)
|
(27)
|
(42)
|
(42)
|
(45)
|
(45)
|
(42)
|
(41)
|
(40)
|
(46)
|
(31)
|
(18)
|
(16)
|
(12)
|
(13)
|
|
| Income from Continuing Operations |
4
|
2
|
(21)
|
(14)
|
(14)
|
(16)
|
(19)
|
(30)
|
(30)
|
(26)
|
(25)
|
(15)
|
(48)
|
(53)
|
(63)
|
(64)
|
(25)
|
(26)
|
(10)
|
(9)
|
(12)
|
(8)
|
(40)
|
(40)
|
(39)
|
(56)
|
(23)
|
(23)
|
(40)
|
(26)
|
(52)
|
(51)
|
(36)
|
(35)
|
(8)
|
(10)
|
(7)
|
(6)
|
2
|
6
|
5
|
15
|
2
|
(0)
|
(2)
|
(11)
|
49
|
31
|
42
|
35
|
(35)
|
20
|
19
|
42
|
42
|
35
|
33
|
31
|
57
|
29
|
61
|
35
|
35
|
31
|
|
| Income to Minority Interest |
4
|
4
|
5
|
3
|
1
|
1
|
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
8
N/A
|
6
-22%
|
(16)
N/A
|
(11)
+32%
|
(13)
-17%
|
(15)
-14%
|
(19)
-28%
|
(30)
-63%
|
(30)
+1%
|
(26)
+13%
|
(25)
+6%
|
(15)
+41%
|
(48)
-224%
|
(47)
+1%
|
(52)
-11%
|
(55)
-5%
|
(55)
+0%
|
(56)
-2%
|
(45)
+19%
|
(43)
+4%
|
(9)
+80%
|
(11)
-25%
|
(42)
-278%
|
(41)
+1%
|
(40)
+4%
|
(56)
-40%
|
(23)
+59%
|
(24)
-3%
|
(41)
-72%
|
(26)
+36%
|
(53)
-103%
|
(51)
+4%
|
(37)
+28%
|
(35)
+3%
|
(8)
+78%
|
(10)
-32%
|
(7)
+29%
|
(6)
+11%
|
2
N/A
|
6
+167%
|
10
+85%
|
18
+74%
|
5
-73%
|
2
-57%
|
(5)
N/A
|
(13)
-136%
|
47
N/A
|
30
-37%
|
49
+65%
|
42
-16%
|
(26)
N/A
|
29
N/A
|
20
-32%
|
43
+118%
|
42
-2%
|
35
-18%
|
33
-4%
|
31
-7%
|
57
+82%
|
29
-49%
|
61
+109%
|
35
-42%
|
35
-3%
|
31
-10%
|
|
| EPS (Diluted) |
1.62
N/A
|
0.9
-44%
|
-2.24
N/A
|
-0.64
+71%
|
-1.07
-67%
|
-0.81
+24%
|
-0.77
+5%
|
-1.26
-64%
|
-1.33
-6%
|
-1.09
+18%
|
-1.03
+6%
|
-0.61
+41%
|
-1.97
-223%
|
-1.93
+2%
|
-2.15
-11%
|
-2.25
-5%
|
-2.22
+1%
|
-2.29
-3%
|
-1.85
+19%
|
-1.91
-3%
|
-0.38
+80%
|
-0.45
-18%
|
-1.72
-282%
|
-1.7
+1%
|
-1.64
+4%
|
-1.99
-21%
|
-0.54
+73%
|
-0.55
-2%
|
-0.95
-73%
|
-0.61
+36%
|
-1.23
-102%
|
-1.22
+1%
|
-0.85
+30%
|
-0.82
+4%
|
-0.17
+79%
|
-0.23
-35%
|
-0.15
+35%
|
-0.1
+33%
|
0.03
N/A
|
0.09
+200%
|
0.15
+67%
|
0.25
+67%
|
0.04
-84%
|
0.02
-50%
|
-0.07
N/A
|
-0.18
-157%
|
0.42
N/A
|
0.26
-38%
|
0.46
+77%
|
0.36
-22%
|
-0.23
N/A
|
0.25
N/A
|
0.16
-36%
|
0.39
+144%
|
0.37
-5%
|
0.3
-19%
|
0.28
-7%
|
0.26
-7%
|
0.48
+85%
|
0.24
-50%
|
0.53
+121%
|
0.3
-43%
|
0.3
N/A
|
0.27
-10%
|
|