Siem Offshore
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Siem Offshore's past years’ income statements indicate that its last revenue has increased compared to the previous period by 23% to $336,026,000. The net income raised on $174,515,000 and profit margin reached 52%. Total operating expenses were $141,909,000.

Profit Margin

Siem Offshore Inc. (OSE:SIOFF.OL): Profit margin
2014 491.31M 58.14M 11.84%
2015 422.45M -186.68M -44.19%
2016 469.12M -142.43M -30.36%
2017 415.30M -164.32M -39.57%
2018 307.73M 15.95M 5.18%
2019 292.53M -114.50M -39.14%
2020 244.84M -350.47M -143.14%
2021 254.49M 107.85M 42.38%
2022 274.30M 30.89M 11.26%
2023 336.02M 174.51M 51.93%

SIOFF.OL Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
336.02M274.30M254.49M244.84M292.53M307.73M415.30M469.12M422.45M491.31M
Cost of revenue
97.65M94.71M90.99M90.92M102.77M105.86M172.72M242.57M201.64M214.63M
Gross profit
238.37M179.58M163.50M153.92M189.75M201.87M242.58M226.54M220.80M276.68M
Operating exp.
Research and development
0000000000
Selling and marketing
0000000000
Total operating expenses
141.90M140.11M126.45M146.60M184.68M195.73M211.72M210.02M209.27M179.43M
Operating income
163.25M39.37M38.24M-19.33M10.44M-66.86M-119.28M-49.55M-168.73M84.31M
Other income (expenses), net
-9.14M-11.89M63.66M-328.46M-123.56M-99.59M-75.67M-173.05M-22.94M-10.87M
Income before tax
154.10M27.48M101.91M-347.79M-113.12M-93.46M-194.95M-156.53M-191.67M73.43M
Income tax expense
-19.02M-250K-1M2.67M1.38M588K9.08M-626K4.73M2.72M
Net income
174.51M30.89M107.85M-350.47M-114.50M15.95M-164.32M-142.43M-186.68M58.14M
Earnings per share
Basic EPS
0.730.130.73-37.5-9.521.33-18.37-16.92-36.0215
Diluted EPS
0.730.130.73-37.5-9.521.33-18.37-16.92-36.0215
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