International Petroleum Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	704.59	793.04	848.74	1,129	666.41	324.16
Revenue Growth (YoY)	-11.04%	-6.56%	-24.84%	69.46%	105.58%	-41.46%
Cost of Revenue	429.56	443.47	486.14	476.99	325.01	204.63
Gross Profit	275.03	349.57	362.6	652.31	341.4	119.54
Selling, General & Admin	15.52	14.81	16.89	14.44	12.36	12.79
Other Operating Expenses	14.58	13.83	13.41	10.76	11.49	10.84
Operating Expenses	163.84	169.28	143.95	160.8	154.93	227.15
Operating Income	111.19	180.29	218.65	491.51	186.47	-107.61
Interest Expense	-39.08	-37.96	-27.24	-22.92	-14.94	-15.38
Interest & Investment Income	5.9	17.72	21.77	6.97	0.25	0.08
Currency Exchange Gain (Loss)	-24.71	-23.43	-1.91	-7.87	-1.99	13.03
Other Non Operating Income (Expenses)	-1.68	-1.47	-1.95	-2.55	-2.05	-1.87
EBT Excluding Unusual Items	51.63	135.14	209.32	465.14	167.74	-111.76
Gain (Loss) on Sale of Assets	0.4	0.4	19.02	-	-	-
Pretax Income	52.03	135.54	228.34	465.14	167.74	-111.76
Income Tax Expense	17.73	33.33	55.36	127.41	21.68	-33.82
Earnings From Continuing Operations	34.3	102.22	172.98	337.73	146.06	-77.94
Minority Interest in Earnings	-0.01	-0.02	-0.03	-0.04	-0.03	0.09
Net Income	34.29	102.2	172.95	337.68	146.03	-77.85
Net Income to Common	34.29	102.2	172.95	337.68	146.03	-77.85
Net Income Growth	-73.92%	-40.91%	-48.78%	131.24%	-	-
Shares Outstanding (Basic)	118	124	132	147	155	156
Shares Outstanding (Diluted)	120	126	135	150	158	156
Shares Change (YoY)	-6.63%	-6.69%	-9.75%	-5.34%	1.27%	-5.95%
EPS (Basic)	0.29	0.82	1.31	2.30	0.94	-0.50
EPS (Diluted)	0.28	0.81	1.28	2.25	0.92	-0.50
EPS Growth	-72.52%	-36.72%	-43.11%	144.56%	-	-
Free Cash Flow	-153.46	-168.99	32.92	444.01	236.95	-0.94
Free Cash Flow Per Share	-1.28	-1.34	0.24	2.96	1.50	-0.01
Gross Margin	39.03%	44.08%	42.72%	57.76%	51.23%	36.88%
Operating Margin	15.78%	22.73%	25.76%	43.52%	27.98%	-33.20%
Profit Margin	4.87%	12.89%	20.38%	29.90%	21.91%	-24.02%
Free Cash Flow Margin	-21.78%	-21.31%	3.88%	39.32%	35.56%	-0.29%
EBITDA	257.48	332.51	342.48	635.99	328.06	100.83
EBITDA Margin	36.54%	41.93%	40.35%	56.32%	49.23%	31.10%
D&A For EBITDA	146.29	152.23	123.83	144.48	141.59	208.44
EBIT	111.19	180.29	218.65	491.51	186.47	-107.61
EBIT Margin	15.78%	22.73%	25.76%	43.52%	27.98%	-33.20%
Effective Tax Rate	34.08%	24.59%	24.25%	27.39%	12.93%	-

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