See more : Rockwell Automation, Inc. (0KXA.L) Income Statement Analysis – Financial Results
Complete financial analysis of Mowi ASA (MHGVY) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Mowi ASA, a leading company in the Agricultural Farm Products industry within the Consumer Defensive sector.
You may be interested
- Somi Conveyor Beltings Limited (SOMICONVEY.NS) Income Statement Analysis – Financial Results
- TScan Therapeutics, Inc. (TCRX) Income Statement Analysis – Financial Results
- Slate Grocery REIT (SGR-UN.TO) Income Statement Analysis – Financial Results
- Great Elm Group, Inc. 7.25% Notes due 2027 (GEGGL) Income Statement Analysis – Financial Results
- Arctic Fox Ventures Inc. (AFX.CN) Income Statement Analysis – Financial Results
Mowi ASA (MHGVY)
About Mowi ASA
Mowi ASA, a seafood company, produces and supplies farmed salmon products worldwide. The company operates through three segments: Feed, Farming, and Sales and Marketing. It is involved in the salmon feed production, salmon farming and primary processing, and seafood secondary processing activities. The company offers whole gutted fish, including Label Rouge and organic salmon; and white fish and other seafood products, as well as fillets, steaks, cutlets, portions, loins, kebabs, and steak combos. It also provides value added products, such as breaded, pre-fried, dusted, marinated, grilled, battered, topped, filled with sauce, delicatessen, fresh fish ready meal, and smoked fish products. The company offers its products under the Mowi, Mowi Salmon, Donegal Silver, Admiral's, Pieters, Laschinger, Kritsen, Ducktrap River, Harbour Salmon Co., Rebel Fish, Supreme Salmon, Olav's, Northern Harvest, and Mowi Nutrition brand names. The company was formerly known as Marine Harvest ASA and changed its name to Mowi ASA in December 2018. Mowi ASA was founded in 1964 and is headquartered in Bergen, Norway.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5.51B | 4.91B | 4.17B | 3.73B | 4.07B | 3.75B | 3.63B | 3.50B | 2.88B | 2.80B | 2.28B | 2.09B | 2.09B | 1.94B | 1.75B | 1.39B | 1.77B | 688.36M | 232.69M | 283.42M | 325.64M | 425.82M | 449.15M |
| Cost of Revenue | 2.98B | 2.23B | 2.07B | 2.12B | 2.11B | 1.67B | 2.03B | 526.40M | 1.21B | 958.95M | 462.04M | 1.26B | 1.09B | 983.63M | 1.05B | 891.53M | 1.15B | 332.37M | 120.82M | 185.72M | 276.46M | 383.95M | 327.84M |
| Gross Profit | 2.53B | 2.67B | 2.09B | 1.62B | 1.96B | 2.08B | 1.60B | 2.98B | 1.67B | 1.84B | 1.82B | 832.53M | 999.75M | 959.33M | 699.69M | 497.82M | 613.78M | 355.99M | 111.86M | 97.71M | 49.18M | 41.87M | 121.30M |
| Gross Profit Ratio | 45.91% | 54.48% | 50.27% | 43.30% | 48.20% | 55.58% | 44.05% | 84.97% | 57.89% | 65.73% | 79.77% | 39.75% | 47.94% | 49.37% | 40.06% | 35.83% | 34.71% | 51.72% | 48.08% | 34.47% | 15.10% | 9.83% | 27.01% |
| Research & Development | 0.00 | 33.71M | 40.10M | 37.29M | 46.44M | 42.59M | 41.39M | 52.49M | 24.46M | 15.60M | 11.76M | 7.96M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 94.20M | 86.40M | 86.60M | 83.90M | 74.30M | 64.40M | 59.60M | 46.40M | 43.64M | 42.45M | 39.40M | 31.84M | 31.05M | 33.05M | 0.00 | 0.00 | 272.86M | 1.49M | 0.00 | 0.00 | 41.15M | 55.44M | 54.60M |
| Selling & Marketing | 24.50M | 25.50M | 24.70M | 14.50M | 11.10M | 10.70M | 8.90M | 7.20M | 9.40M | 10.97M | 9.30M | 6.89M | 6.72M | 6.25M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 586.70M | 111.90M | 111.30M | 98.40M | 85.40M | 75.10M | 68.50M | 53.60M | 53.04M | 53.42M | 48.70M | 38.73M | 37.77M | 39.30M | 0.00 | 0.00 | 272.86M | 1.49M | 0.00 | 0.00 | 41.15M | 55.44M | 54.60M |
| Other Expenses | 0.00 | 1.47B | 1.33B | 1.32B | 1.28B | -1.00M | 300.00K | -868.30M | -424.24M | -629.00M | -523.71M | 674.40M | 831.93M | 387.53M | 518.30M | 625.43M | 264.18M | -5.77M | 92.68M | 103.83M | 9.39M | -160.18M | 65.98M |
| Operating Expenses | 622.00M | 1.58B | 1.44B | 1.41B | 1.37B | 1.19B | 1.04B | 1.16B | 924.34M | 816.63M | 728.89M | 713.13M | 831.93M | 387.53M | 518.30M | 625.43M | 537.04M | 249.29M | 92.68M | 103.83M | -114.37M | -104.74M | 120.57M |
| Cost & Expenses | 3.60B | 3.82B | 3.51B | 3.53B | 3.48B | 2.86B | 3.07B | 1.68B | 2.14B | 1.78B | 1.19B | 1.97B | 1.92B | 1.37B | 1.57B | 1.52B | 1.69B | 581.66M | 213.50M | 289.55M | 162.09M | 279.21M | 448.42M |
| Interest Income | 6.50M | 2.00M | 500.00K | 700.00K | 1.50M | 3.00M | 1.20M | 1.80M | 1.12M | 3.35M | 2.98M | 33.68M | 1.69M | 1.53M | 85.00M | 607.79K | 58.43M | 34.87M | 10.28M | 5.36M | 49.92M | 64.29M | 44.61M |
| Interest Expense | 113.10M | 52.60M | 59.10M | 63.10M | 70.20M | 50.00M | 46.70M | 48.40M | 43.34M | 60.24M | 76.23M | 0.00 | 52.46M | 48.64M | 47.32M | 50.00M | 58.43M | 43.44M | 20.20M | 24.88M | 7.78M | 27.24M | 44.89M |
| Depreciation & Amortization | 403.80M | 372.36M | 377.94M | 346.34M | 286.76M | 148.81M | 142.78M | 145.82M | 130.27M | 106.94M | 98.54M | 91.71M | 94.84M | 84.17M | 127.77M | 233.30M | 101.32M | 41.69M | -9.68M | 19.37M | 194.78M | 183.48M | -38.52M |
| EBITDA | 1.42B | 1.44B | 1.03B | 521.80M | 964.70M | 1.04B | 816.40M | 1.21B | 481.20M | 561.70M | 578.73M | 250.56M | 326.06M | 657.17M | 355.44M | -52.66M | 167.90M | 16.03M | 55.74M | 26.39M | 32.64M | 450.14M | 69.27M |
| EBITDA Ratio | 25.71% | 30.80% | 26.66% | 14.51% | 23.56% | 24.84% | 22.49% | 27.33% | 14.46% | 12.44% | 26.86% | 12.89% | 16.19% | 33.82% | 25.22% | -2.00% | 10.07% | 31.07% | 23.96% | 7.77% | 128.60% | 105.71% | 15.42% |
| Operating Income | 1.91B | 1.12B | 737.40M | 203.50M | 617.00M | 925.40M | 484.90M | 991.20M | 321.81M | 401.89M | 555.11M | 131.19M | 167.82M | 571.79M | 181.39M | -127.61M | 76.74M | 101.66M | 47.57M | -6.13M | 163.55M | 146.61M | 730.34K |
| Operating Income Ratio | 34.61% | 22.92% | 17.70% | 5.45% | 15.14% | 24.68% | 13.37% | 28.30% | 11.16% | 14.36% | 24.31% | 6.26% | 8.05% | 29.43% | 10.39% | -9.19% | 4.34% | 14.77% | 20.44% | -2.16% | 50.23% | 34.43% | 0.16% |
| Total Other Income/Expenses | -1.01B | -91.40M | -58.00M | -81.50M | -9.60M | -193.20M | -493.30M | -831.40M | -507.80M | -651.60M | -143.42M | -24.31M | 10.94M | -27.93M | -27.68M | -399.17M | -58.16M | 21.41M | 0.00 | -14.82M | -380.46M | 92.82M | 678.65K |
| Income Before Tax | 898.70M | 1.00B | 593.40M | 120.60M | 607.40M | 732.20M | 522.60M | 759.20M | 233.10M | 164.44M | 411.70M | 106.88M | 178.76M | 543.87M | 200.00M | -335.96M | 18.58M | 123.07M | 47.57M | -28.21M | 216.20M | 239.43M | 1.41M |
| Income Before Tax Ratio | 16.32% | 20.40% | 14.24% | 3.23% | 14.91% | 19.53% | 14.41% | 21.67% | 8.08% | 5.88% | 18.03% | 5.10% | 8.57% | 27.99% | 11.45% | -24.18% | 1.05% | 17.88% | 20.44% | -9.95% | 66.39% | 56.23% | 0.31% |
| Income Tax Expense | 459.20M | 215.50M | 105.50M | 1.40M | 131.20M | 165.00M | 59.90M | 219.90M | 85.37M | 83.18M | 122.27M | 50.99M | 33.83M | 146.30M | 43.15M | -42.16M | 13.91M | -89.56M | 1.25M | 370.96K | 13.70M | -52.85M | 13.49M |
| Net Income | 444.40M | 782.40M | 487.60M | 117.50M | 477.60M | 566.60M | 462.50M | 539.60M | 158.20M | 111.90M | 299.49M | 55.34M | 144.22M | 393.66M | 156.13M | -293.80M | 693.18K | 225.24M | 43.15M | -30.50M | -268.94M | -186.58M | -14.90M |
| Net Income Ratio | 8.07% | 15.94% | 11.70% | 3.15% | 11.72% | 15.11% | 12.75% | 15.40% | 5.49% | 4.00% | 13.11% | 2.64% | 6.92% | 20.26% | 8.94% | -21.15% | 0.04% | 32.72% | 18.55% | -10.76% | -82.59% | -43.82% | -3.32% |
| EPS | 0.86 | 1.46 | 0.96 | 0.23 | 0.92 | 1.15 | 0.97 | 1.20 | 0.36 | 0.27 | 0.79 | 0.15 | 0.40 | 1.11 | 0.45 | -0.84 | 0.00 | 0.74 | 0.44 | -0.99 | -10.33 | -852.76 | -76.00 |
| EPS Diluted | 0.86 | 1.46 | 0.96 | 0.23 | 0.92 | 1.15 | 0.86 | 1.20 | 0.36 | 0.27 | 0.79 | 0.15 | 0.40 | 1.11 | 0.45 | -0.84 | 0.00 | 0.74 | 0.43 | -0.93 | -10.33 | -852.76 | -76.00 |
| Weighted Avg Shares Out | 517.10M | 517.10M | 517.10M | 517.10M | 516.40M | 493.90M | 475.50M | 450.10M | 440.90M | 410.40M | 377.50M | 358.60M | 357.93M | 357.49M | 353.60M | 347.89M | 347.89M | 304.80M | 97.83M | 30.78M | 26.03M | 218.80K | 196.02K |
| Weighted Avg Shares Out (Dil) | 517.10M | 517.10M | 517.10M | 517.10M | 516.40M | 493.90M | 537.79M | 450.10M | 440.90M | 486.50M | 377.90M | 393.00M | 392.29M | 357.49M | 353.60M | 347.89M | 348.12M | 305.58M | 100.58M | 32.94M | 26.03M | 218.80K | 196.02K |
Mowi ASA (OSE: MOWI): Quarterly dividend
The Board of Mowi ASA has resolved on 22 August 2023 to make a quarterly dividend distribution to shareholders of NOK 2.00 per share. Mowi ASA's shares listed on the Oslo Stock Exchange will be traded including dividend up to...
Mowi ASA (OSE:MOWI): Presentation of Q2 2023 results 23 August 2023 at 08:00 (CET)
Mowi ASA hereby invites you to the presentation of the results for the second quarter 2023 at Scandic Flesland Airport, Lønningsveien 9, 5258 Blomsterdalen, Norway.
Mowi: Option Plays Paying Off, And The Common Is Still A 'Buy'
I've been investing in Mowi, a salmon farming company, through options, yielding 8-14% returns over the past 6-9 months. Despite political pressure and a new 25% tax on salmon farming, I remain positive about Mowi due to its strong financials,...
Mowi ASA (OSE:MOWI): Q2 2023 Trading update
Harvest vol umes Q 2 2 02 3 (1)
Mowi ASA (MHGVY) Q1 2023 Earnings Call Transcript
Mowi ASA (OTCPK:MHGVY) Q1 2023 Earnings Conference Call May 10, 2023 2:00 AM ET Company Participants Ivan Vindheim - Chief Executive Officer Kristian Ellingsen - Chief Financial Officer Kim Døsvig - Investor Relations Officer Conference Call Participants Christian Nordby -...
Mowi: Opportunities Remain In Salmon Farming
When I last wrote about Mowi, I caught the company at an excellent valuation with a high yield - at least as I see current forecasts. I believe Mowi is worth significantly more than the company is currently being traded...
3 Defensive Dividend Stocks With Outperformance Potential
When the Covid-related stock market bubble began to deflate near the end of 2021, it was tempting to snap up shares of businesses deemed to be “recession-proof,” such as those in the consumer defensive and utility spaces. However, even though...
MHGVY or MDLZ: Which Is the Better Value Stock Right Now?
MHGVY vs. MDLZ: Which Stock Is the Better Value Option?
MHGVY or MDLZ: Which Is the Better Value Stock Right Now?
MHGVY vs. MDLZ: Which Stock Is the Better Value Option?
Mowi ASA (MHGVY) CEO Ivan Vindheim on Q4 2022 Results - Earnings Call Transcript
Mowi ASA (OTCPK:MHGVY) Q4 2022 Earnings Conference Call February 15, 2023 2:00 AM ET Company Participants Ivan Vindheim - CEO Kristian Ellingsen - CFO Kim Dosvig - IR Officer Conference Call Participants Christian Nordby - Kepler Cheuvreux Martin Kaland -...
Source: https://incomestatements.info
Category: Stock Reports