GRAN TIERRA ENERGY INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $596.7M | $621.8M | $637.0M | $711.4M | $473.7M | $237.8M | $571.0M | $613.4M |
| Cost of Revenue | $265.8M | $220.8M | $201.4M | $172.6M | $147.3M | — | — | — |
| Gross Profit | $330.9M | $401.1M | $435.5M | $538.8M | $326.4M | — | — | — |
| Gross Margin | 55.5% | 64.5% | 68.4% | 75.7% | 68.9% | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $60.1M | $51.1M | $45.8M | $41.0M | $36.3M | $25.4M | $36.5M | $39.5M |
| Operating Income | $-131.6M | $125.1M | $162.0M | $291.4M | $77.5M | $-799.2M | $139.2M | $178.9M |
| Operating Margin | -22.0% | 20.1% | 25.4% | 41.0% | 16.4% | -336.0% | 24.4% | 29.2% |
| Interest Expense | $101.3M | $80.5M | $55.8M | $46.5M | $54.4M | $54.1M | $43.3M | $27.4M |
| Pretax Income | $-232.9M | $44.6M | $106.2M | $244.9M | $23.1M | $-853.4M | $96.0M | $151.5M |
| Income Tax Expense | $-39.8M | $41.4M | $112.4M | $105.9M | $-19.3M | $-75.4M | $57.3M | $48.9M |
| Net Income | $-193.1M | $3.2M | $-6.3M | $139.0M | $42.5M | $-778.0M | $38.7M | $102.6M |
| Net Margin | -32.4% | 0.5% | -1.0% | 19.5% | 9.0% | -327.1% | 6.8% | 16.7% |
| EPS (Basic) | $-5.45 | $0.10 | $-0.19 | $3.81 | $1.16 | $-2.12 | $0.10 | $0.26 |
| EPS (Diluted) | $-5.45 | $0.10 | $-0.19 | $3.76 | $1.15 | $-2.12 | $0.10 | $0.26 |
| Shares Outstanding (Basic) | 35.4M | 32.0M | 33.5M | 36.4M | 36.7M | 367.0M | 376.5M | 390.9M |
| Shares Outstanding (Diluted) | 35.4M | 32.0M | 33.5M | 36.9M | 36.8M | 367.0M | 376.5M | 427.1M |
| Dividends Per Share | — | — | — | — | — | — | — | — |