Serica Energy Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	601.43	727.18	788.92	978.88	696.17
Revenue Growth (YoY)	-17.29%	-7.83%	-19.41%	40.61%	305.84%
Cost of Revenue	536.69	503.98	406.79	262.85	172.66
Gross Profit	64.74	223.2	382.13	716.03	523.51
Selling, General & Admin	23.08	21.6	24.49	11.12	8.26
Other Operating Expenses	-73.94	17.75	-32.16	30.19	178.28
Operating Expenses	-46.09	45.53	10.76	145.47	189.77
Operating Income	110.83	177.67	371.37	570.56	333.75
Interest Expense	-19.19	-22.92	-17.24	-	-0.1
Interest & Investment Income	6.1	13.93	16.83	5.42	0.11
Currency Exchange Gain (Loss)	0.04	3.23	-4.47	4.7	-1.16
Other Non Operating Income (Expenses)	-9.43	-8.88	-6.03	-0.46	-
EBT Excluding Unusual Items	88.35	163.04	360.47	580.22	332.6
Merger & Restructuring Charges	-5.53	-	-12.54	-2.15	-
Other Unusual Items	-2.47	-2.54	32.44	10.13	-149.66
Pretax Income	80.34	160.5	380.37	588.2	182.94
Income Tax Expense	132.17	68.07	252.61	373.98	75.57
Earnings From Continuing Operations	-51.82	92.43	127.76	214.22	107.37
Net Income	-51.82	92.43	127.76	214.22	107.37
Net Income to Common	-51.82	92.43	127.76	214.22	107.37
Net Income Growth	-	-27.65%	-40.36%	99.52%	910.94%
Shares Outstanding (Basic)	392	389	361	272	268
Shares Outstanding (Diluted)	392	400	375	288	281
Shares Change (YoY)	-1.88%	6.67%	29.85%	2.51%	1.20%
EPS (Basic)	-0.13	0.24	0.35	0.79	0.40
EPS (Diluted)	-0.13	0.23	0.34	0.75	0.38
EPS Growth	-	-32.35%	-54.49%	97.04%	855.03%
Free Cash Flow	-6.82	21.39	23.67	557.91	141.42
Free Cash Flow Per Share	-0.02	0.05	0.06	1.93	0.50
Dividend Per Share	0.215	0.238	0.293	0.265	0.122
Dividend Growth	-9.47%	-18.81%	10.52%	117.52%	155.03%
Gross Margin	10.76%	30.69%	48.44%	73.15%	75.20%
Operating Margin	18.43%	24.43%	47.07%	58.29%	47.94%
Profit Margin	-8.62%	12.71%	16.19%	21.88%	15.42%
Free Cash Flow Margin	-1.13%	2.94%	3.00%	56.99%	20.31%
EBITDA	268.08	364.73	517.79	762.97	383.97
EBITDA Margin	44.57%	50.16%	65.63%	77.94%	55.16%
D&A For EBITDA	157.25	187.06	146.43	192.41	50.23
EBIT	110.83	177.67	371.37	570.56	333.75
EBIT Margin	18.43%	24.43%	47.07%	58.29%	47.94%
Effective Tax Rate	164.50%	42.41%	66.41%	63.58%	41.31%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.