Fortnox AB (publ)
Fortnox AB (publ) (FNOXF) Financial Performance & Income Statement Overview
View comprehensive annual and quarterly summaries for Fortnox AB (publ) (FNOXF), featuring income statements, balance sheets, and cash flow data.
Fortnox AB (publ) (FNOXF) Income Statement & Financial Overview
Review Fortnox AB (publ) FNOXF income statement with detailed quarterly and annual figures.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $563.00M | $540.00M | $523.00M | $515.00M |
| Cost of Revenue | $202.00M | $199.00M | $186.00M | $195.00M |
| Gross Profit | $361.00M | $341.00M | $337.00M | $320.00M |
| Gross Profit Ratio | $0.64 | $0.63 | $0.64 | $0.62 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $0.00 | $0.00 | $0.00 | $71.00M |
| Operating Expenses | $115.00M | $87.00M | $102.00M | $117.00M |
| Total Costs & Expenses | $317.00M | $286.00M | $288.00M | $312.00M |
| Interest Income | $0.00 | $0.00 | $5.00M | $0.00 |
| Interest Expense | $0.00 | $0.00 | $0.00 | $0.00 |
| Depreciation & Amortization | $53.00M | $50.00M | $52.00M | $51.00M |
| EBITDA | $300.00M | $304.00M | $286.00M | $255.00M |
| EBITDA Ratio | $0.53 | $0.56 | $0.55 | $0.50 |
| Operating Income | $246.00M | $254.00M | $235.00M | $203.00M |
| Operating Income Ratio | $0.44 | $0.47 | $0.45 | $0.39 |
| Other Income/Expenses (Net) | $16.00M | $0.00 | $5.00M | $3.00M |
| Income Before Tax | $262.00M | $254.00M | $240.00M | $206.00M |
| Income Before Tax Ratio | $0.47 | $0.47 | $0.46 | $0.40 |
| Income Tax Expense | $52.00M | $47.00M | $50.00M | $42.00M |
| Net Income | $210.00M | $207.00M | $189.00M | $164.00M |
| Net Income Ratio | $0.37 | $0.38 | $0.36 | $0.32 |
| EPS | $0.34 | $0.34 | $0.31 | $0.27 |
| Diluted EPS | $0.34 | $0.34 | $0.31 | $0.27 |
| Weighted Avg Shares Outstanding | $609.69M | $609.71M | $609.74M | $609.68M |
| Weighted Avg Shares Outstanding (Diluted) | $609.83M | $609.83M | $609.85M | $609.88M |
Over the past four quarters, Fortnox AB (publ) demonstrated steady revenue growth, increasing from $515.00M in Q2 2024 to $563.00M in Q1 2025. Operating income reached $246.00M in Q1 2025, maintaining a consistent 44% margin over recent quarters. Despite fluctuations in R&D and SG&A expenses, EBITDA remained robust at $300.00M, reflecting operational efficiency. Net income rose to $210.00M, with EPS at $0.34. Disciplined expense management helped sustain profitability, highlighting solid overall financial performance.
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