Vulcan Energy Resources Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Revenue	21.04	20.68	25.66	12.1	7.5	7.5
Revenue Growth (YoY)	11.78%	-19.41%	112.15%	61.37%	-	-
Cost of Revenue	1.84	0.75	2.59	5.04	2.51	2.51
Gross Profit	19.2	19.93	23.07	7.06	4.98	4.98
Selling, General & Admin	41.33	37.46	30.17	17.78	16.21	16.18
Other Operating Expenses	21.52	17.65	20.1	7.72	1.92	1.6
Operating Expenses	76.29	65.56	57.83	32.15	24.88	24.53
Operating Income	-57.09	-45.63	-34.76	-25.09	-19.89	-19.54
Interest Expense	-0.23	-0.17	-0.17	-0.33	-	-0.16
Interest & Investment Income	2.74	1.89	3.56	0.88	0.23	0.35
Earnings From Equity Investments	-0.04	-0.09	-0.46	-0.46	-0.5	-0.5
Currency Exchange Gain (Loss)	1.63	1.46	0.3	-0.01	0.29	0.29
Other Non Operating Income (Expenses)	-	-	-	-0.63	-0.55	-0.87
EBT Excluding Unusual Items	-52.99	-42.55	-31.53	-25.65	-20.43	-20.43
Impairment of Goodwill	-	-	-1.04	-	-0.04	-0.04
Gain (Loss) on Sale of Investments	-	-	3.87	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	1.98	1.98
Asset Writedown	-	-	-0.1	-0.01	-	-
Pretax Income	-52.99	-42.55	-28.8	-25.66	-18.49	-18.49
Income Tax Expense	0.71	-0.19	-1.84	0.36	0.37	0.37
Net Income	-53.7	-42.36	-26.96	-26.02	-18.85	-18.85
Net Income to Common	-53.7	-42.36	-26.96	-26.02	-18.85	-18.85
Shares Outstanding (Basic)	204	182	159	138	125	125
Shares Outstanding (Diluted)	204	182	159	138	125	125
Shares Change (YoY)	18.98%	14.24%	15.81%	10.35%	-	158.51%
EPS (Basic)	-0.26	-0.23	-0.17	-0.19	-0.15	-0.15
EPS (Diluted)	-0.26	-0.23	-0.17	-0.19	-0.15	-0.15
Free Cash Flow	-86.94	-100.99	-116.96	-58.32	-43.52	-43.52
Free Cash Flow Per Share	-0.43	-0.56	-0.73	-0.42	-0.35	-0.35
Gross Margin	91.25%	96.37%	89.89%	58.36%	66.48%	66.48%
Operating Margin	-271.36%	-220.66%	-135.47%	-207.47%	-265.43%	-260.76%
Profit Margin	-255.24%	-204.84%	-105.08%	-215.16%	-251.51%	-251.51%
Free Cash Flow Margin	-413.21%	-488.38%	-455.82%	-482.21%	-580.71%	-580.71%
EBITDA	-46.26	-37.59	-30.94	-20.79	-17.56	-17.13
EBITDA Margin	-219.89%	-181.78%	-120.57%	-171.91%	-234.28%	-228.49%
D&A For EBITDA	10.83	8.04	3.83	4.3	2.34	2.42
EBIT	-57.09	-45.63	-34.76	-25.09	-19.89	-19.54
EBIT Margin	-271.36%	-220.66%	-135.47%	-207.47%	-265.43%	-260.76%

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