Origo Results Presentation Deck
Income Statement 9M 2021
- Revenue Growth and Improved Earnings
Operating profit up by ISK 304m from the prior year
One-time items impacted the 2020 results
*27% YoY increase in operating profit
Net financial expenses of ISK 69m, versus ISK 177m last year
Exchange rate losses under financial expenses in 2020
Significant YoY increase in the profit of an associate (Tempo)
Translation difference in respect of subsidiaries and associates was positive by ISK 84m
in the period
A positive figure of ISK 410m last year; this is largely due to the interest in Tempo.
Net profit of ISK 612m in the period, versus ISK 461m last year
*After adjusting for one-time costs in 2020
In ISK million
Goods and services sold
Cost of goods and services sold
Gross profit
Gross profit/revenue (%)
Operating costs
Operating profit
Operating profit/revenue (%)
Net financial expenses
Share of profit of associate
Income tax
Profit for the period
Other comprehensive income
Net profit for the period
EBITDA
EBITDA%
9M 2021
12,856
(9,503)
3,354
26.1%
(2,884)
469
3.6%
(69)
210
(83)
527
85
612
1,098
8.5%
.origo.
9M 2020
12,156
(9,172)
2,984
24.5%
(2,818)
165
1.4%
(177)
59
3
50
411
461
698
5.7%View entire presentation