Hemisphere Energy Income Statement

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

Millions CAD. 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	80.35	79.71	67.7	72.22	35.31	16.96
Revenue Growth (YoY)	2.27%	17.74%	-6.26%	104.57%	108.21%	-38.64%
Cost of Revenue	20.61	19.6	15.86	13.95	8.26	6.21
Gross Profit	59.75	60.11	51.84	58.27	27.05	10.75
Selling, General & Admin	5.31	4.92	4.62	4.07	3.32	1.95
Other Operating Expenses	1.69	0.8	-0.7	5.5	5.11	-4.91
Operating Expenses	19.46	16.15	18.72	21.05	12.09	7.93
Operating Income	40.29	43.95	33.12	37.22	14.96	2.82
Interest Expense	-0.78	-0.75	-0.73	-0.93	-2.14	-3.67
Interest & Investment Income	0.53	0.31	0.12	-	-	-
Currency Exchange Gain (Loss)	-0.03	-0.06	-0.04	-0.1	-0.03	0.18
Other Non Operating Income (Expenses)	-	-	-	-6.53	-6.87	0.23
EBT Excluding Unusual Items	40.02	43.45	32.47	29.66	5.92	-0.44
Gain (Loss) on Sale of Assets	0.08	0.08	-	-	-	0.03
Pretax Income	40.09	43.53	32.47	29.66	5.92	-0.42
Income Tax Expense	9.82	10.42	8.27	8.34	-	-
Net Income	30.27	33.1	24.2	21.32	5.92	-0.42
Net Income to Common	30.27	33.1	24.2	21.32	5.92	-0.42
Net Income Growth	1.76%	36.82%	13.50%	260.21%	-	-
Shares Outstanding (Basic)	97	98	101	99	89	88
Shares Outstanding (Diluted)	98	100	102	101	92	88
Shares Change (YoY)	-1.81%	-1.85%	0.69%	9.53%	4.80%	-2.44%
EPS (Basic)	0.31	0.34	0.24	0.21	0.07	-0.00
EPS (Diluted)	0.30	0.33	0.24	0.21	0.06	-0.00
EPS Growth	0.12%	37.66%	14.15%	250.00%	-	-
Free Cash Flow	43.69	24.7	27.37	26.83	6.38	7.7
Free Cash Flow Per Share	0.44	0.25	0.27	0.27	0.07	0.09
Dividend Per Share	0.100	0.100	0.100	0.075	-	-
Dividend Growth	-	-	33.33%	-	-	-
Gross Margin	74.36%	75.41%	76.58%	80.68%	76.62%	63.37%
Operating Margin	50.14%	55.14%	48.92%	51.53%	42.37%	16.61%
Profit Margin	37.67%	41.53%	35.74%	29.52%	16.76%	-2.45%
Free Cash Flow Margin	54.37%	30.98%	40.43%	37.14%	18.07%	45.43%
EBITDA	50.2	53.61	46.47	45.57	17.56	13.6
EBITDA Margin	62.47%	67.26%	68.63%	63.09%	49.74%	80.22%
D&A For EBITDA	9.91	9.66	13.35	8.35	2.6	10.79
EBIT	40.29	43.95	33.12	37.22	14.96	2.82
EBIT Margin	50.14%	55.14%	48.92%	51.53%	42.37%	16.61%
Effective Tax Rate	24.50%	23.95%	25.48%	28.13%	-	-
Revenue as Reported	78.86	79.11	68.6	66.88	30.3	21.99

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