Annual Report 2022

Annual Report 2022

25. Loss per Share

 

 

Year Ended December 31,

(in thousands of $)

 

2022

 

2021

 

2020

Loss for the year

 

(709,594)

 

(408,265)

 

(608,455)

Weighted average number of shares outstanding

 

54,381,371

 

51,075,827

 

45,410,442

Basic and diluted loss per share (in $)

 

(13.05)

 

(7.99)

 

(13.40)

Earnings/losses per ordinary share are calculated by dividing the loss for the period by the weighted average number of ordinary shares during the year.

As the Company reported a net loss in 2022, 2021 and 2020, stock options and RSUs have an anti dilutive effect rather than a dilutive effect. As such, there is no difference between basic and diluted loss per ordinary share.