OTCMNRSAF
Market cap47mUSD
Dec 23, Last price
0.32USD
1D
-7.86%
1Q
62.88%
IPO
-76.96%
Name
Norse Atlantic ASA
Chart & Performance
P/E
—
P/S
0.11
EPS
—
Div Yield, %
0.00%
Shrs. gr., 5y
—
Rev. gr., 5y
%
Revenues
439m
+321.45%
Net income
-169m
L-3.56%
CFO
-21m
L-70.05%
Earnings
Feb 26, 2025
Profile
Norse Atlantic ASA provides long-haul airline services. It focuses on serving various destinations between Europe and the United States, including New York, Florida, Paris, London, and Oslo. The company was founded in 2021 and is headquartered in Arendal, Norway.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY |
|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | |
| Income | |||
Revenues | 439,437 321.45% | 104,269 | |
Cost of revenue | 525,238 | 185,891 | 7,946 |
Unusual Expense (Income) | |||
NOPBT | (85,801) | (81,622) | (7,946) |
NOPBT Margin | |||
Operating Taxes | 144 | 895 | 78 |
Tax Rate | |||
NOPAT | (85,945) | (82,517) | (8,024) |
Net income | (168,746) -3.56% | (174,974) 2,401.06% | (6,996) |
Dividends | |||
Dividend yield | |||
Proceeds from repurchase of equity | 68,204 | 28,925 | 163,580 |
BB yield | |||
| Debt | |||
Debt current | 71,680 | 36,208 | 314 |
Long-term debt | 1,875,974 | 1,887,252 | 230,676 |
Deferred revenue | |||
Other long-term liabilities | 57,913 | 45,762 | 3,014 |
Net debt | 1,871,853 | 1,858,751 | 94,374 |
| Cash flow | |||
Cash from operating activities | (20,558) | (68,639) | (5,578) |
CAPEX | (3,963) | (1,603) | (2,416) |
Cash from investing activities | (7,332) | (24,956) | (24,411) |
Cash from financing activities | 1,925 | 22,589 | 163,502 |
FCF | (44,803) | (900,026) | |
| Balance | |||
Cash | 75,801 | 64,709 | 134,252 |
Long term investments | 2,364 | ||
Excess cash | 53,829 | 59,496 | 136,616 |
Stockholders' equity | (287,762) | (152,025) | 20,299 |
Invested Capital | 1,229,805 | 1,170,052 | 254,600 |
ROIC | |||
ROCE | |||
| EV | |||
Common stock shares outstanding | 67,473 | 22,131 | 23,467 |
Price | |||
Market cap | |||
EV | |||
EBITDA | (1,698) | (23,105) | (7,631) |
EV/EBITDA | |||
Interest | 36,303 | 23,098 | 51 |
Interest/NOPBT | |||