Q-Free ASA / Estimates

Fiscal Year	Revenue	Net income	Net margin	Free cash flow	FCF margin
2022	€81.32M +10.3%	€238.15K -95.3%	0.3% -0.065 pp	€13.97M +31.6%	17.2% +0.028 pp
2021	€73.70M -3.3%	€5.02M -243.0%	6.8% +0.11 pp	€10.61M +36.7%	14.4% +0.042 pp
2020	€76.21M -7.6%	-€3.51M -18.0%	-4.6% +0.0058 pp	€7.76M +50.7%	10.2% +0.039 pp
2019	€82.47M +8.3%	-€4.28M +518.7%	-5.2% -0.043 pp	€5.15M -70.2%	6.2% -0.16 pp
2018	€76.15M -8.7%	-€692.33K -61.0%	-0.9% +0.012 pp	€17.29M -1,149.5%	22.7% +0.25 pp
2017	€83.42M +11.5%	-€1.78M -75.2%	-2.1% +0.074 pp	-€1.65M -52.8%	-2.0% +0.027 pp
2016	€74.85M +9.1%	-€7.17M -57.0%	-9.6% +0.15 pp	-€3.49M -185.6%	-4.7% -0.11 pp
2015	€68.58M +2.0%	-€16.68M +577.0%	-24.3% -0.21 pp	€4.08M -64.0%	5.9% -0.11 pp
2014	€67.24M +29.7%	-€2.46M -74.3%	-3.7% +0.15 pp	€11.34M +2,126.8%	16.9% +0.16 pp
2013	€51.84M +2.1%	-€9.61M +223.6%	-18.5% -0.13 pp	€509.46K -82.7%	1.0% -0.048 pp
2012	€50.78M -15.1%	-€2.97M -195.7%	-5.8% -0.11 pp	€2.94M -85.3%	5.8% -0.28 pp
2011	€59.82M +25.1%	€3.10M -163.7%	5.2% +0.15 pp	€19.93M -533.1%	33.3% +0.43 pp
2010	€47.81M -30.6%	-€4.87M -172.7%	-10.2% -0.20 pp	-€4.60M -129.9%	-9.6% -0.32 pp
2009	€68.93M +60.0%	€6.70M +115.4%	9.7% +0.025 pp	€15.38M +8.4%	22.3% -0.11 pp
2008	€43.08M +23.5%	€3.11M +623.6%	7.2% +0.060 pp	€14.19M +461,629.8%	32.9% +0.33 pp
2007	€34.88M +6.8%	€429.76K -85.2%	1.2% -0.077 pp	€3.07K -99.9%	0.0% -0.13 pp
2006	€32.67M -25.1%	€2.90M -63.9%	8.9% -0.096 pp	€4.29M -69.8%	13.1% -0.19 pp
2005	€43.61M +74.4%	€8.05M -206.2%	18.5% +0.49 pp	€14.18M -1,039.0%	32.5% +0.39 pp
2004	€25.01M +5.4%	-€7.58M +450.4%	-30.3% -0.25 pp	-€1.51M -796.6%	-6.0% -0.070 pp
2003	€23.72M +11.8%	-€1.38M -48.1%	-5.8% +0.067 pp	€216.86K -130.2%	0.9% +0.043 pp
2002	€21.22M	-€2.66M	-12.5%	-€718.54K	-3.4%