EnQuest Income Statement

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

Millions USD. 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	1,118	1,181	1,487	1,854	1,266
Revenue Growth (YoY)	-5.29%	-20.62%	-19.76%	46.44%	46.53%
Cost of Revenue	837.54	787.38	946.75	1,201	907.63
Gross Profit	280.76	393.33	540.67	652.92	358.18
Selling, General & Admin	7.48	5.7	6.35	7.55	0.36
Other Operating Expenses	25.79	29.95	44.08	-40.97	-25.14
Operating Expenses	33.27	35.66	50.43	-33.42	-24.78
Operating Income	247.49	357.67	490.24	686.34	382.96
Interest Expense	-115.73	-115.64	-141.41	-151.63	-148.27
Interest & Investment Income	9.17	14.37	6.49	1.82	0.23
Currency Exchange Gain (Loss)	-28.33	9.98	-11.66	21.33	0.39
Other Non Operating Income (Expenses)	-12.14	-12.45	-5.3	-6.83	-4.26
EBT Excluding Unusual Items	100.46	253.93	338.36	551.03	231.04
Asset Writedown	5.82	-71.41	-117.4	-81.05	39.72
Other Unusual Items	387.15	-15.9	10.81	-266.76	81.68
Pretax Income	493.43	166.61	231.78	203.21	352.44
Income Tax Expense	491.87	72.84	262.61	244.45	-24.55
Net Income	1.56	93.77	-30.83	-41.23	376.99
Net Income to Common	1.56	93.77	-30.83	-41.23	376.99
Net Income Growth	-98.33%	-	-	-	-
Shares Outstanding (Basic)	1,860	1,892	1,872	1,855	1,736
Shares Outstanding (Diluted)	1,884	1,916	1,872	1,894	1,761
Shares Change (YoY)	-1.68%	2.37%	-1.18%	7.56%	6.41%
EPS (Basic)	0.00	0.05	-0.02	-0.02	0.22
EPS (Diluted)	0.00	0.05	-0.02	-0.02	0.21
EPS Growth	-98.29%	-	-	-	-
Free Cash Flow	187.7	258.47	612.5	823.89	630.43
Free Cash Flow Per Share	0.10	0.14	0.33	0.43	0.36
Dividend Per Share	0.011	0.008	-	-	-
Dividend Growth	39.80%	-	-	-	-
Gross Margin	25.11%	33.31%	36.35%	35.22%	28.30%
Operating Margin	22.13%	30.29%	32.96%	37.03%	30.25%
Profit Margin	0.14%	7.94%	-2.07%	-2.23%	29.78%
Free Cash Flow Margin	16.78%	21.89%	41.18%	44.45%	49.80%
EBITDA	496.63	602.45	756.78	978.68	647.88
EBITDA Margin	44.41%	51.02%	50.88%	52.80%	51.18%
D&A For EBITDA	249.14	244.78	266.54	292.34	264.93
EBIT	247.49	357.67	490.24	686.34	382.96
EBIT Margin	22.13%	30.29%	32.96%	37.03%	30.25%
Effective Tax Rate	99.68%	43.72%	113.30%	120.29%	-

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