Nordnet AB (publ)
STO:SAVE
Income Statement
Earnings Waterfall
Nordnet AB (publ)
Income Statement
Nordnet AB (publ)
| 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 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||
| Revenue |
3 416
N/A
|
4 023
+18%
|
4 244
+6%
|
4 450
+5%
|
4 488
+1%
|
4 386
-2%
|
4 307
-2%
|
4 361
+1%
|
4 388
+1%
|
4 690
+7%
|
5 048
+8%
|
5 497
+9%
|
5 811
+6%
|
5 984
+3%
|
6 330
+6%
|
6 443
+2%
|
6 675
+4%
|
6 769
+1%
|
6 670
-1%
|
6 639
0%
|
6 569
-1%
|
|
| Gross Profit | ||||||||||||||||||||||
| Cost of Revenue |
(772)
|
(875)
|
(916)
|
(945)
|
(975)
|
(984)
|
(1 007)
|
(1 045)
|
(1 048)
|
(1 064)
|
(1 079)
|
(1 185)
|
(1 261)
|
(1 338)
|
(1 466)
|
(1 510)
|
(1 523)
|
(1 484)
|
(1 381)
|
(1 286)
|
(1 185)
|
|
| Gross Profit |
2 644
N/A
|
3 148
+19%
|
3 328
+6%
|
3 506
+5%
|
3 513
+0%
|
3 402
-3%
|
3 299
-3%
|
3 316
+1%
|
3 341
+1%
|
3 626
+9%
|
3 969
+9%
|
4 313
+9%
|
4 550
+6%
|
4 646
+2%
|
4 863
+5%
|
4 934
+1%
|
5 152
+4%
|
5 285
+3%
|
5 289
+0%
|
5 353
+1%
|
5 384
+1%
|
|
| Operating Income | ||||||||||||||||||||||
| Operating Expenses |
(1 191)
|
(1 214)
|
(1 227)
|
(1 228)
|
(1 141)
|
(1 125)
|
(1 247)
|
(1 276)
|
(1 292)
|
(1 348)
|
(1 263)
|
(1 280)
|
(1 333)
|
(1 299)
|
(1 331)
|
(1 365)
|
(1 564)
|
(1 699)
|
(1 743)
|
(1 789)
|
(1 648)
|
|
| Selling, General & Administrative |
(1 021)
|
(1 000)
|
(1 005)
|
(996)
|
(970)
|
(900)
|
(1 023)
|
(1 050)
|
(1 116)
|
(1 118)
|
(1 033)
|
(1 054)
|
(1 117)
|
(1 100)
|
(1 116)
|
(1 129)
|
(1 358)
|
(1 292)
|
(1 336)
|
(1 369)
|
(1 314)
|
|
| Depreciation & Amortization |
(156)
|
(159)
|
(160)
|
(162)
|
(163)
|
(166)
|
(168)
|
(170)
|
(172)
|
(174)
|
(176)
|
(177)
|
(180)
|
(184)
|
(192)
|
(199)
|
(202)
|
(289)
|
(292)
|
(298)
|
(226)
|
|
| Other Operating Expenses |
(14)
|
(55)
|
(62)
|
(70)
|
(8)
|
(59)
|
(55)
|
(56)
|
(3)
|
(56)
|
(55)
|
(50)
|
(37)
|
(15)
|
(24)
|
(37)
|
(4)
|
(118)
|
(116)
|
(121)
|
(108)
|
|
| Operating Income |
1 453
N/A
|
1 934
+33%
|
2 101
+9%
|
2 278
+8%
|
2 373
+4%
|
2 277
-4%
|
2 053
-10%
|
2 041
-1%
|
2 049
+0%
|
2 278
+11%
|
2 706
+19%
|
3 032
+12%
|
3 217
+6%
|
3 347
+4%
|
3 532
+6%
|
3 569
+1%
|
3 588
+1%
|
3 586
0%
|
3 546
-1%
|
3 564
+1%
|
3 736
+5%
|
|
| Pre-Tax Income | ||||||||||||||||||||||
| Non-Reccuring Items |
33
|
0
|
0
|
0
|
115
|
0
|
0
|
0
|
41
|
0
|
0
|
0
|
34
|
0
|
0
|
0
|
(82)
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
(39)
|
(25)
|
(26)
|
(31)
|
(36)
|
(42)
|
(43)
|
(51)
|
(57)
|
(63)
|
(72)
|
(80)
|
(90)
|
(96)
|
(107)
|
(99)
|
(23)
|
(3)
|
26
|
41
|
(10)
|
|
| Pre-Tax Income |
1 447
N/A
|
1 909
+32%
|
2 076
+9%
|
2 247
+8%
|
2 451
+9%
|
2 235
-9%
|
2 010
-10%
|
1 990
-1%
|
2 034
+2%
|
2 215
+9%
|
2 634
+19%
|
2 953
+12%
|
3 160
+7%
|
3 251
+3%
|
3 426
+5%
|
3 471
+1%
|
3 482
+0%
|
3 583
+3%
|
3 572
0%
|
3 606
+1%
|
3 726
+3%
|
|
| Net Income | ||||||||||||||||||||||
| Tax Provision |
(274)
|
(372)
|
(400)
|
(439)
|
(467)
|
(415)
|
(393)
|
(383)
|
(382)
|
(412)
|
(472)
|
(533)
|
(582)
|
(602)
|
(637)
|
(643)
|
(669)
|
(691)
|
(691)
|
(705)
|
(710)
|
|
| Income from Continuing Operations |
1 173
|
1 537
|
1 676
|
1 808
|
1 985
|
1 820
|
1 616
|
1 607
|
1 652
|
1 803
|
2 162
|
2 420
|
2 579
|
2 649
|
2 789
|
2 828
|
2 814
|
2 892
|
2 881
|
2 901
|
3 016
|
|
| Net Income (Common) |
1 173
N/A
|
1 537
+31%
|
1 676
+9%
|
1 808
+8%
|
1 985
+10%
|
1 820
-8%
|
1 616
-11%
|
1 607
-1%
|
1 653
+3%
|
1 778
+8%
|
2 107
+19%
|
2 332
+11%
|
2 457
+5%
|
2 520
+3%
|
2 672
+6%
|
2 725
+2%
|
2 727
+0%
|
2 822
+3%
|
2 814
0%
|
2 838
+1%
|
2 955
+4%
|
|
| EPS (Diluted) |
4.69
N/A
|
6.14
+31%
|
6.69
+9%
|
7.21
+8%
|
7.94
+10%
|
7.26
-9%
|
6.43
-11%
|
6.42
0%
|
6.59
+3%
|
7.07
+7%
|
8.4
+19%
|
9.29
+11%
|
9.83
+6%
|
10.04
+2%
|
10.65
+6%
|
10.85
+2%
|
10.86
+0%
|
11.25
+4%
|
11.25
N/A
|
11.33
+1%
|
11.82
+4%
|
|