REC SILICON ASA financials

REC SILICON ASA

Country: NO Reporting currency: USD Latest annual report: 2024-12-31
LEI: 549300VPZURYDFG0AB60
Source filing ↗
Financial statements (USD, as reported — unscaled; 86 line items across 2 annual periods)
Line item 20242023
Income statement
Revenue $140.8M$140.8M
Employee benefits expense $43.6M$43.5M
Raw materials & consumables used $20.7M$26.9M
Depreciation & amortisation $0$0
Operating profit (EBIT) -$78.9M-$35.5M
Net finance income / (cost) -$25.3M$131.5M
Finance costs $28.4M$20.1M
Profit before tax -$457.4M$30.5M
Income tax expense $0$0
Profit for the year -$457.4M$30.5M
— attributable to owners -$457.4M$30.5M
Total comprehensive income -$454.4M$16.0M
Per share
Basic EPS $-1.09$0.07
Diluted EPS $-1.09$0.07
Cash flow statement
Net cash from operating activities -$132.0M-$86.0M
Net cash from investing activities -$89.6M-$8.7M
Net cash from financing activities $60.9M$165.0M
Proceeds from borrowings $100.0M$280.0M
Lease liability payments $7.9M$3.9M
Balance sheet
Total assets $172.1M$552.9M
Non-current assets $108.3M$292.2M
Property, plant & equipment $84.7M$258.7M
Right-of-use assets $23.4M$32.2M
Current assets $63.8M$260.7M
Inventories $27.4M$58.5M
Trade & other receivables $16.2M$21.9M
Cash & equivalents $10.3M$170.9M
Total equity -$378.1M$76.4M
Non-current liabilities $370.6M$371.7M
Long-term borrowings $251.6M$253.0M
Lease liabilities (non-current) $56.1M$62.4M
Current liabilities $179.6M$104.8M
Short-term borrowings $101.0M$30.9M
Lease liabilities (current) $9.0M$7.5M
Trade & other payables $60.2M$60.7M
Derived metrics
Operating margin -56.0%-25.2%
Net margin -324.9%21.7%
Return on equity 121.0%39.9%
Cash conversion ratio 0.29×-2.82×
Other reported items
Adjustments For Decrease Increase In Inventories $31.1M-$20.3M
Adjustments For Decrease Increase In Trade and Other Receivables $9.6M$25.1M
Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss $270.9M$22.4M
Adjustments For Increase Decrease In Trade and Other Payables $4.3M$3.0M
Adjustments For Provisions $8.2M$0
Adjustments For Unrealised Foreign Exchange Losses Gains $0-$12.3M
Basic Earnings Loss Per Share From Continuing Operations $-0.25$0.23
Changes In Inventories of Finished Goods and Work In Progress $15.9M-$7.1M
Comprehensive Income Attributable To Owners of Parent -$454.4M$16.0M
Construction In Progress $20.3M$180.9M
Current Advances $1.2M$5.7M
Current Prepayments $9.4M$8.7M
Current Provisions $8.2M$0
Current Restricted Cash and Cash Equivalents $600.0K$600.0K
Depreciation Amortisation and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss $61.0M$19.8M
Depreciation Rightofuse Assets $2.6M$2.6M
Diluted Earnings Loss Per Share From Continuing Operations $-0.25$0.23
Effect of Exchange Rate Changes On Cash and Cash Equivalents $0-$4.6M
Equity and Liabilities $172.1M$552.9M
Finance Income $3.1M$3.4M
Gains Losses On Disposals of Investments $0$135.5M
Gains Losses On Exchange Differences On Translation Recognised In Profit Or Loss $100.0K$12.7M
Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss $49.7M$7.0M
Increase Decrease In Cash and Cash Equivalents -$160.7M$65.7M
Intangible Assets Other Than Goodwill $0$800.0K
Interest Paid Classified As Operating Activities $30.3M$16.5M
Interest Received Classified As Operating Activities $3.1M$3.6M
Land and Buildings $31.1M$33.6M
Liabilities $550.2M$476.5M
Noncurrent Advances $33.4M$24.9M
Noncurrent Recognised Liabilities Defined Benefit Plan $3.3M$7.0M
Other Comprehensive Income $2.9M-$14.5M
Other Comprehensive Income Net of Tax Exchange Differences On Translation $0-$15.4M
Other Comprehensive Income Net of Tax Exchange Differences On Translation Other Than Translation of Foreign Operations $0$0
Other Comprehensive Income Net of Tax Gains Losses On Remeasurements of Defined Benefit Plans $2.9M$900.0K
Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax $0-$15.4M
Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax $2.9M$900.0K
Other Expense By Nature $77.8M$98.0M
Other Inflows Outflows of Cash Classified As Operating Activities -$100.0K$200.0K
Other Longterm Provisions $26.3M$23.8M
Other Noncurrent Nonfinancial Liabilities $0$700.0K
Other Noncurrent Receivables $200.0K$400.0K
Other Operating Income Expense -$700.0K$4.7M
Other Property Plant and Equipment $2.3M$4.0M
Proceeds From Sales of Investments Accounted For Using Equity Method $0$136.1M
Profit Loss From Continuing Operations -$104.2M$95.9M
Profit Loss From Discontinued Operations -$353.1M-$65.4M
Methodology

Every line item above is a fact tagged in REC SILICON ASA's annual report filed in the European Single Electronic Format (ESEF) under the IFRS taxonomy (ifrs-full) — the income statement, balance sheet and cash-flow statement as the filer reported them. Values are shown as-is, in the reporting currency (USD), without rescaling; the row labels map to the underlying concept name (e.g. Revenue → ifrs-full:Revenue, Operating profit → ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS → ifrs-full:DilutedEarningsLossPerShare), and any concept without a curated label is shown under “Other reported items” with its de-camel-cased tag name. Only consolidated, default-member facts are shown (segment / dimensional breakdowns are excluded).

“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.

Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.