| Summary of Computation of Basic EPS and Diluted EPS |
The computation of Basic EPS and Diluted EPS is as follows:
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Three Months Ended |
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Six Months Ended |
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(in USD and thousands, except per share data) |
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June 30, |
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June 30, |
|
Basic EPS |
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2025 |
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|
2024 |
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|
2025 |
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|
2024 |
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Numerator |
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Net income (loss) attributable to Viking Holdings Ltd |
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$ |
439,048 |
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$ |
159,619 |
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$ |
333,575 |
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|
$ |
(331,379 |
) |
Net income (loss) allocated to shares other than ordinary shares and special shares |
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|
— |
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21,075 |
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— |
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(102,516 |
) |
Net income (loss) allocated to ordinary shares and special shares |
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$ |
439,048 |
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|
$ |
138,544 |
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|
$ |
333,575 |
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|
$ |
(228,863 |
) |
Denominator |
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Weighted-average ordinary shares and special shares |
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|
443,227 |
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|
364,787 |
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|
443,070 |
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|
293,362 |
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Basic EPS |
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$ |
0.99 |
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$ |
0.38 |
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$ |
0.75 |
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$ |
(0.78 |
) |
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Three Months Ended |
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Six Months Ended |
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(in USD and thousands, except per share data) |
|
June 30, |
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|
June 30, |
|
Diluted EPS |
|
2025 |
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|
2024 |
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|
2025 |
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|
2024 |
|
Numerator |
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Net income (loss) of ordinary shares and special shares - Basic |
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$ |
439,048 |
|
|
$ |
138,544 |
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|
$ |
333,575 |
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|
$ |
(228,863 |
) |
Reallocation of income |
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|
— |
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|
317 |
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— |
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— |
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Net income (loss) of ordinary shares and special shares - Diluted |
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$ |
439,048 |
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|
$ |
138,861 |
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$ |
333,575 |
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|
$ |
(228,863 |
) |
Denominator |
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Weighted-average ordinary shares and special shares - Basic |
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443,227 |
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|
364,787 |
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|
443,070 |
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|
293,362 |
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Dilutive effect of stock based awards |
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2,322 |
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|
2,401 |
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|
2,238 |
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— |
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Weighted-average ordinary shares and special shares - Diluted |
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|
445,549 |
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|
367,188 |
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|
445,308 |
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|
293,362 |
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Diluted EPS |
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$ |
0.99 |
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$ |
0.38 |
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$ |
0.75 |
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$ |
(0.78 |
) |
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| Summary of Weighted Average Number of Potential Ordinary Shares that were not included in the Diluted EPS Calculations |
For the three and six months ended June 30, 2025 and 2024, the weighted-average number of potential ordinary shares that were not included in the Diluted EPS calculations because they would be anti-dilutive were as follows:
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Three Months Ended |
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Six Months Ended |
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|
June 30, |
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June 30, |
(in thousands) |
|
2025 |
|
2024 |
|
2025 |
|
2024 |
Series C Preference Shares |
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N/A |
|
58,723 |
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N/A |
|
121,495 |
Warrants |
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N/A |
|
8,731 |
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N/A |
|
8,731 |
Preference Shares |
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N/A |
|
1,058 |
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N/A |
|
2,189 |
Stock based awards |
|
41 |
|
— |
|
233 |
|
1,201 |
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