Gulf Keystone Petroleum 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	164.81	151.21	123.51	460.11	301.39
Revenue Growth (YoY)	9.00%	22.42%	-73.16%	52.66%	177.91%
Cost of Revenue	141.09	138.87	85.8	157.54	111.72
Gross Profit	23.72	12.34	37.71	302.57	189.67
Selling, General & Admin	9.31	8.38	7.81	12.2	13.64
Other Operating Expenses	-	1.63	1.7	0.87	0.74
Operating Expenses	8.71	9.27	44.3	28.78	15.81
Operating Income	15.01	3.07	-6.59	273.79	173.86
Interest Expense	-1.98	-0.05	-0.07	-6.79	-10.61
Interest & Investment Income	-	4.12	3.8	0.65	0.42
Currency Exchange Gain (Loss)	-1.11	0.72	-0.38	1.23	0.06
Other Non Operating Income (Expenses)	2.74	-	-	-	-
EBT Excluding Unusual Items	14.67	7.87	-3.24	268.88	163.72
Asset Writedown	-	-	-2.63	-1.11	-
Other Unusual Items	-	-	-5.53	-2	-
Pretax Income	14.67	7.87	-11.39	265.77	163.72
Income Tax Expense	-0.47	0.71	0.11	-0.33	-0.87
Net Income	15.13	7.16	-11.5	266.09	164.6
Net Income to Common	15.13	7.16	-11.5	266.09	164.6
Net Income Growth	111.43%	-	-	61.66%	-
Shares Outstanding (Basic)	217	220	218	215	213
Shares Outstanding (Diluted)	227	229	218	224	225
Shares Change (YoY)	-0.94%	4.91%	-2.83%	-0.45%	6.85%
EPS (Basic)	0.07	0.03	-0.05	1.24	0.77
EPS (Diluted)	0.07	0.03	-0.05	1.19	0.73
EPS Growth	113.42%	-	-	62.40%	-
Free Cash Flow	29.78	66.37	-14.06	269.01	125.57
Free Cash Flow Per Share	0.13	0.29	-0.07	1.20	0.56
Dividend Per Share	-	0.160	-	0.231	0.685
Dividend Growth	-	-	-	-66.22%	485.24%
Gross Margin	14.39%	8.16%	30.53%	65.76%	62.93%
Operating Margin	9.11%	2.03%	-5.33%	59.50%	57.69%
Profit Margin	9.18%	4.73%	-9.31%	57.83%	54.61%
Free Cash Flow Margin	18.07%	43.89%	-11.39%	58.47%	41.66%
EBITDA	94.37	79.43	33.46	354.32	228.33
EBITDA Margin	57.26%	52.53%	27.09%	77.01%	75.76%
D&A For EBITDA	79.36	76.36	40.05	80.54	54.47
EBIT	15.01	3.07	-6.59	273.79	173.86
EBIT Margin	9.11%	2.03%	-5.33%	59.50%	57.69%
Effective Tax Rate	-	9.00%	-	-	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.