VAALCO Energy, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $359.3M | $479.0M | $455.1M | $354.3M | $199.1M | $67.2M | $84.5M | $104.9M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $33.1M | $29.7M | $23.8M | $10.1M | $14.8M | $10.7M | $14.9M | $11.4M |
| Operating Income | $-20.6M | $136.5M | $158.7M | $171.3M | $79.1M | $-27.3M | $21.2M | $51.3M |
| Operating Margin | -5.7% | 28.5% | 34.9% | 48.3% | 39.7% | -40.6% | 25.1% | 48.9% |
| Interest Expense | — | — | — | — | — | — | — | $145.0K |
| Pretax Income | $-26.6M | $139.8M | $150.1M | $123.3M | $59.8M | $-20.4M | $21.0M | $55.5M |
| Income Tax Expense | $14.8M | $81.3M | $89.8M | $71.4M | $-22.2M | $27.7M | $23.9M | $-43.3M |
| Net Income | $-41.4M | $58.5M | $60.4M | $51.9M | $81.8M | $-48.2M | $2.6M | $98.2M |
| Net Margin | -11.5% | 12.2% | 13.3% | 14.6% | 41.1% | -71.7% | 3.0% | 93.6% |
| EPS (Basic) | $-0.40 | $0.56 | $0.56 | $0.74 | $1.38 | $-0.83 | $0.04 | $1.64 |
| EPS (Diluted) | $-0.40 | $0.56 | $0.56 | $0.73 | $1.37 | $-0.83 | $0.04 | $1.62 |
| Shares Outstanding (Basic) | 104.1M | 103.7M | 106.4M | 69.6M | 58.2M | 57.6M | 59.1M | 59.2M |
| Shares Outstanding (Diluted) | 104.1M | 103.7M | 106.6M | 70.0M | 58.8M | 57.6M | 59.1M | 60.0M |
| Dividends Per Share | $0.25 | $0.25 | $0.25 | — | — | — | — | — |