Financial Performance
In US$ millions unless stated otherwise
|
H1 2024 |
2023 |
2022 |
2021 |
2020 |
2019 |
2018 |
| Revenue |
80.7 |
151.6 |
133.2 |
115.1 |
102.5 |
108.7 |
123.3 |
| Profit/(Loss) |
7.4 |
42.1 |
25.4 |
31.2 |
(124.3) |
(85.5) |
(5.1) |
| Adjusted Profit/(Loss)* |
7.4 |
80.7 |
9.8 |
17.6 |
18 |
(15.3) |
(20.0) |
| Adjusted EBITDA** |
47.7 |
87.5 |
71.5 |
64.1 |
50.4 |
51.4 |
58.0 |
| Adjusted EBITDA** margin (%) |
59% |
58% |
54% |
56% |
49% |
47% |
47% |
| Net bank debt*** |
238.5 |
267.3 |
315.8 |
371.3 |
406.2 |
390.1 |
400.5 |
| Net leverage ratio**** |
2.62 |
3.05 |
4.42 |
5.79 |
8.06 |
7.59 |
6.91 |
*Adjusted (Loss)/profit is the loss or profit after adding back non-recurring or non-operational costs.
**Adjusted EBITDA is operating profit after adding back depreciation and amortisation and non-recurring or non-operational costs.
*** Net bank debt represents the total bank borrowings less cash and cash equivalents.
****Net leverage ratio is the ratio of net bank debt to adjusted EBITDA for the trailing twelve months.
Details on the non-recurring and non-operational costs adjustments are contained within our Annual Reports, which are published on our website.
