Financials in USD. Standardized financial statements.
A compact view of how Nel ASA turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $935.10M | $1.39B | $1.68B | $914.85M | $753.10M | $578.33M | $519.05M | $453.19M | $286.37M | $98.45M |
| Revenue Growth? | -32.7% | -17.3% | +83.8% | +21.5% | +30.2% | +11.4% | +14.5% | +58.3% | +190.9% | 0.0% |
| Cost of Revenue? | $1.22B | $503.98M | $873.20M | $595.39M | $551.70M | $393.98M | $342.37M | $298.55M | $163.64M | $60.84M |
| Gross Profit? | -$288.58M | $885.93M | $807.87M | $319.46M | $201.40M | $184.35M | $176.68M | $154.64M | $122.73M | $37.61M |
| Gross Margin? | -30.9% | +63.7% | +48.1% | +34.9% | +26.7% | +31.9% | +34.0% | +34.1% | +42.9% | +38.2% |
| Operating Expenses? | $260.24M | $1.28B | $1.51B | $1.27B | $783.93M | $507.12M | $432.24M | $350.70M | $239.89M | $92.92M |
| Operating Income? | -$548.82M | -$389.43M | -$699.50M | -$953.56M | -$582.53M | -$322.77M | -$255.56M | -$196.06M | -$117.16M | -$55.31M |
| EBITDA? | -$266.80M | -$60.95M | -$631.15M | -$1.00B | -$1.58B | $1.34B | -$189.10M | -$131.59M | -$81.19M | -$45.58M |
| Income Before Tax | -$1.26B | -$264.19M | -$872.53M | -$1.19B | -$1.68B | $1.25B | -$277.24M | -$197.50M | -$124.45M | -$62.64M |
| Income Tax Expense | -$30.13M | -$6.55M | -$17.34M | -$15.83M | -$16.98M | -$16.36M | -$7.53M | -$8.68M | -$72.00M | -$6.81M |
| Net Income? | -$1.23B | -$244.34M | -$855.20M | -$1.17B | -$1.67B | $1.26B | -$269.71M | -$188.83M | -$52.45M | -$55.83M |
| EPS? | $-20.40 | $-4.50 | $-15.60 | $-22.80 | $-34.20 | $27.60 | $-6.60 | $-5.40 | $-1.88 | $-2.45 |
| Diluted EPS? | $-20.40 | $-4.50 | $-15.60 | $-22.80 | $-34.20 | $27.30 | $-6.60 | $-5.40 | $-1.83 | $-2.45 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality