Tamarack Valley Energy Ltd. (FRA:9TA1)

Tamarack Valley Energy Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,392	1,404	1,406	1,180	598.92	197.53
Revenue Growth (YoY)	-0.82%	-0.17%	19.19%	97.03%	203.20%	-42.54%
Cost of Revenue	298.96	305.44	352.03	239.28	138.31	86.42
Gross Profit	1,093	1,099	1,054	940.74	460.61	111.12
Selling, General & Admin	34.71	32.71	31.36	27.71	18.14	11.18
Other Operating Expenses	67.51	75.88	7.83	44.06	78.94	-26.87
Operating Expenses	682.29	714.17	683.32	457.28	-74.61	509.47
Operating Income	410.42	384.53	371.12	483.46	535.22	-398.35
Interest Expense	-81.61	-90.42	-103.72	-48.59	-21.48	-9.45
Currency Exchange Gain (Loss)	0.36	0.36	-0.08	0.04	0.04	0.06
Other Non Operating Income (Expenses)	-	-	-	-	5.37	-1.85
EBT Excluding Unusual Items	329.17	294.47	267.31	434.91	519.14	-409.59
Merger & Restructuring Charges	-	-	-	-9.47	-8.11	-
Gain (Loss) on Sale of Assets	-440.18	-85.15	-125.95	19.25	8.74	10.67
Pretax Income	-111.01	209.32	141.36	444.69	519.77	-398.93
Income Tax Expense	-19.12	47.1	47.16	99.49	129.26	-87.54
Net Income	-91.89	162.22	94.2	345.2	390.51	-311.38
Net Income to Common	-91.89	162.22	94.2	345.2	390.51	-311.38
Net Income Growth	-	72.21%	-72.71%	-11.60%	-	-
Shares Outstanding (Basic)	511	543	557	460	354	223
Shares Outstanding (Diluted)	511	547	560	464	361	223
Shares Change (YoY)	-7.66%	-2.34%	20.63%	28.69%	61.94%	-1.08%
EPS (Basic)	-0.18	0.30	0.17	0.75	1.10	-1.40
EPS (Diluted)	-0.18	0.30	0.17	0.74	1.08	-1.40
EPS Growth	-	76.66%	-77.13%	-31.48%	-	-
Free Cash Flow	322.27	380.56	97.67	346.8	36.65	-73.17
Free Cash Flow Per Share	0.63	0.70	0.17	0.75	0.10	-0.33
Dividend Per Share	0.153	0.150	0.150	0.117	-	-
Dividend Growth	1.83%	0.33%	28.75%	-	-	-
Gross Margin	78.52%	78.25%	74.97%	79.72%	76.91%	56.25%
Operating Margin	29.49%	27.38%	26.39%	40.97%	89.36%	-201.66%
Profit Margin	-6.60%	11.55%	6.70%	29.25%	65.20%	-157.64%
Free Cash Flow Margin	23.16%	27.10%	6.94%	29.39%	6.12%	-37.04%
EBITDA	976.14	978.33	1,010	868.82	825.85	122.22
EBITDA Margin	70.14%	69.67%	71.83%	73.63%	137.89%	61.87%
D&A For EBITDA	565.73	593.8	639.14	385.36	290.64	520.57
EBIT	410.42	384.53	371.12	483.46	535.22	-398.35
EBIT Margin	29.49%	27.38%	26.39%	40.97%	89.36%	-201.66%
Effective Tax Rate	-	22.50%	33.36%	22.37%	24.87%	-
Revenue as Reported	1,337	1,341	1,423	1,140	524.87	224.4

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