Obsidian Energy Income Statement

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

Millions CAD. 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	540.8	731.2	653.3	771.7	448.9
Revenue Growth (YoY)	-26.04%	11.92%	-15.34%	71.91%	64.55%
Cost of Revenue	240.3	273.1	243.9	222.6	160.8
Gross Profit	300.5	458.1	409.4	549.1	288.1
Selling, General & Admin	20.6	20.5	19	18.4	15.3
Other Operating Expenses	-18.3	-8.5	-13.1	12	-1.2
Operating Expenses	217.2	682.6	233.1	-53	-165.1
Operating Income	83.3	-224.5	176.3	602.1	453.2
Interest Expense	-24.6	-35.3	-30.4	-32.4	-33.4
Currency Exchange Gain (Loss)	-	-	-	-0.7	0.2
Other Non Operating Income (Expenses)	-5.4	-3.8	-1.8	-3.6	-6.5
EBT Excluding Unusual Items	53.3	-263.6	144.1	565.4	413.5
Merger & Restructuring Charges	-1	-1.4	-	-2.5	1.8
Other Unusual Items	-5.3	-0.1	-0.5	0.8	-1.3
Pretax Income	47	-265.1	143.6	563.7	414
Income Tax Expense	11.8	-62.5	35.6	-246.4	-
Net Income	35.2	-202.6	108	810.1	414
Net Income to Common	35.2	-202.6	108	810.1	414
Net Income Growth	-	-	-86.67%	95.68%	-
Shares Outstanding (Basic)	69	76	81	82	75
Shares Outstanding (Diluted)	72	76	84	84	78
Shares Change (YoY)	-5.53%	-9.63%	-0.36%	8.76%	5.87%
EPS (Basic)	0.51	-2.67	1.33	9.88	5.51
EPS (Diluted)	0.49	-2.67	1.28	9.60	5.34
EPS Growth	-	-	-86.67%	79.77%	-
Free Cash Flow	-59.4	-64.6	59.6	137.4	57.7
Free Cash Flow Per Share	-0.83	-0.85	0.71	1.63	0.74
Gross Margin	55.57%	62.65%	62.67%	71.16%	64.18%
Operating Margin	15.40%	-30.70%	26.99%	78.02%	100.96%
Profit Margin	6.51%	-27.71%	16.53%	104.98%	92.22%
Free Cash Flow Margin	-10.98%	-8.83%	9.12%	17.80%	12.85%
EBITDA	287.6	445	402.9	831.57	537.87
EBITDA Margin	53.18%	60.86%	61.67%	107.76%	119.82%
D&A For EBITDA	204.3	669.5	226.6	229.47	84.67
EBIT	83.3	-224.5	176.3	602.1	453.2
EBIT Margin	15.40%	-30.70%	26.99%	78.02%	100.96%
Effective Tax Rate	25.11%	-	24.79%	-	-
Revenue as Reported	571.3	756.2	683.9	771	451.3

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