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	193.09	151.21	123.51	460.11	301.39
Revenue Growth (YoY)	27.70%	22.42%	-73.16%	52.66%	177.91%
Cost of Revenue	143.72	138.87	85.8	157.54	111.72
Gross Profit	49.38	12.34	37.71	302.57	189.67
Selling, General & Admin	7.26	8.38	7.81	12.2	13.64
Other Operating Expenses	30.07	1.63	1.7	0.87	0.74
Operating Expenses	38.78	9.27	44.3	28.78	15.81
Operating Income	10.59	3.07	-6.59	273.79	173.86
Interest Expense	-0.19	-0.05	-0.07	-6.79	-10.61
Interest & Investment Income	2.74	4.12	3.8	0.65	0.42
Currency Exchange Gain (Loss)	-1.11	0.72	-0.38	1.23	0.06
EBT Excluding Unusual Items	12.04	7.87	-3.24	268.88	163.72
Asset Writedown	2.63	-	-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)	-0.93%	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	0.230	0.160	-	0.231	0.685
Dividend Growth	43.57%	-	-	-66.22%	485.24%
Gross Margin	25.57%	8.16%	30.53%	65.76%	62.93%
Operating Margin	5.49%	2.03%	-5.33%	59.50%	57.69%
Profit Margin	7.84%	4.73%	-9.31%	57.83%	54.61%
Free Cash Flow Margin	15.42%	43.89%	-11.39%	58.47%	41.66%
EBITDA	88.38	79.43	33.46	354.32	228.33
EBITDA Margin	45.77%	52.53%	27.09%	77.01%	75.76%
D&A For EBITDA	77.78	76.36	40.05	80.54	54.47
EBIT	10.59	3.07	-6.59	273.79	173.86
EBIT Margin	5.49%	2.03%	-5.33%	59.50%	57.69%
Effective Tax Rate	-	9.00%	-	-	-

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