Also trades as: BNHUF (OTC) · $vol 0M · 0DTI.L (LSE) · $vol 0M

kr 262.00 ($27.24)

+4.50 (+1.75%)

Weekly Expected Move ±2.9%

kr 247 kr 254 kr 262 kr 270 kr 277

OSL · Industrials · Conglomerates · Tech Score Buy · Power 56 · kr 11.1B mcap · 17M float · 0.127% daily turnover

Revenue

$12.5B -10.8% ▼

5Y CAGR: +15.1%

Gross Profit

$12.5B -4.1% ▼

5Y CAGR: +28.2%

Operating Income

$2.5B +7.2% ▲

Net Income

$1.4B +24.8% ▲

EPS (Diluted)

$33.40 +24.6% ▲

EBITDA

$4.8B +10.4% ▲

5Y CAGR: +62.6%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$7.5B	$11.4B	$12.5B	$14.0B	$12.5B
YoY Growth	+22.1%	+51.6%	+9.1%	+12.2%	-10.8%
Cost of Revenue	$2.4B	$3.8B	$1.0B	$974M	$0
Gross Profit	$5.1B	$7.7B	$11.4B	$13.0B	$12.5B
Gross Margin	67.6%	67.0%	91.8%	93.0%	100.0%
R&D Expenses	$32M	$81M	$104M	$0	$0
SG&A Expenses	$410M	$566M	$599M	$761M	$0
Operating Expenses	$4.1B	$4.9B	$9.0B	$10.7B	$10.0B
Operating Income	$1.0B	$2.3B	$2.4B	$2.3B	$2.5B
Operating Margin	13.3%	20.2%	19.6%	16.6%	20.0%
Interest Expense	$573M	$474M	$664M	$742M	$1.4B
Income Before Tax	$916M	$2.5B	$2.0B	$2.1B	$2.2B
Tax Expense	$482M	$758M	$458M	$445M	$326M
Net Income	$434M	$1.7B	$1.0B	$1.1B	$1.4B
Net Margin	5.8%	14.9%	8.3%	8.1%	11.4%
EPS (Diluted)	$10.20	$40.02	$24.40	$26.80	$33.40
EBITDA	$2.4B	$4.0B	$3.8B	$4.4B	$4.8B
Shares Outstanding	43M	43M	43M	43M	43M

Line Item	FY2022 Q4	FY2023 Q2	FY2023 Q4	FY2024 Q2	FY2024 Q4	FY2025 Q2	FY2025 Q4	FY2026 Q2
Revenue	$3.2B	$3.0B	$3.2B	$3.0B	$3.6B	$3.0B	$2.9B	$3.0B
Cost of Revenue	$2.5B	$2.3B	$2.7B	$2.7B	$3.0B	$2.5B	$0	$0
Gross Profit	$746M	$682M	$532M	$596M	$650M	$572M	$2.9B	$3.0B
Gross Margin	23.2%	22.8%	16.7%	20.1%	18.0%	18.8%	100.0%	100.0%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$0	$0	$0	$0	$2.8B	$0	$0	$0
Operating Expenses	$2.5B	$2.3B	$2.7B	$279M	$335M	-$20M	$2.5B	$2.5B
Operating Income	$1.3B	$1.0B	$497M	$317M	$603M	$592M	$486M	$539M
Operating Margin	41.7%	34.0%	15.6%	10.7%	16.7%	19.5%	16.5%	17.8%
Interest Expense	$207M	$240M	$268M	$250M	$299M	$670M	$391M	$332M
Income Before Tax	$675M	$777M	$284M	$425M	$438M	$967M	$368M	$374M
Tax Expense	$282M	$212M	$111M	$122M	$87M	$47M	$54M	$2M
Net Income	$394M	$565M	$142M	$171M	$271M	$877M	$126M	$302M
Net Margin	12.3%	18.9%	4.5%	5.8%	7.5%	28.8%	4.3%	10.0%
EPS (Diluted)	$9.25	$13.29	$3.35	$4.02	$6.38	$20.60	$3.00	$7.10
EBITDA	$1.2B	$1.3B	$814M	$954M	$1.1B	$1.6B	$1.1B	$1.1B
Shares Outstanding	43M	43M	43M	43M	43M	43M	43M	43M

BONHR.OL OSL