Financial Performance
In US$ millions unless stated otherwise
|
2024 |
2023 |
2022 |
2021 |
2020 |
2019 |
2018 |
| Revenue |
167.5 |
151.6 |
133.2 |
115.1 |
102.5 |
108.7 |
123.3 |
| Profit/(Loss) |
38.3 |
42.1 |
25.4 |
31.2 |
(124.3) |
(85.5) |
(5.1) |
| Adjusted Profit/(Loss)* |
32.2 |
9.8 |
17.6 |
18.0 |
(15.3) |
(20.0) |
(5.1) |
| Adjusted EBITDA** |
100.4 |
87.5 |
71.5 |
64.1 |
50.4 |
51.4 |
58.0 |
| Adjusted EBITDA** margin (%) |
60% |
58% |
54% |
56% |
49% |
47% |
47% |
| Net bank debt*** |
201.2 |
267.3 |
315.8 |
371.3 |
406.2 |
390.1 |
400.5 |
| Net leverage ratio**** |
2.00 |
3.05 |
4.42 |
5.79 |
8.06 |
7.59 |
6.91 |
*Adjusted profit/(loss) is the profit or loss after adding back non-recurring or non-operational costs
**Adjusted EBITDA is operating profit after adding back depreciation, amortisation and non-recurring or non-operational costs
*** Net bank debt represents the total bank borrowings (excluding unamortised issue costs) less cash and cash equivalents
****Net leverage ratio is the ratio of net bank debt at year-end to adjusted EBITDA
Details on the non-recurring and non-operational costs adjustments are contained within our Annual Reports, which are published on our website
