Pharos Energy Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	128.4	126.8	157.4	184.4	124	135
Revenue Growth (YoY)	-6.69%	-19.44%	-14.64%	48.71%	-8.15%	-23.90%
Cost of Revenue	95.1	80.6	98.5	102.1	104.5	116.8
Gross Profit	33.3	46.2	58.9	82.3	19.5	18.2
Selling, General & Admin	8.5	9.1	9	10	13.2	14.7
Other Operating Expenses	2.6	2.2	2	1.3	0.8	0.8
Operating Expenses	-6.6	-16.9	78.6	-16.6	-38.4	250.3
Operating Income	39.9	63.1	-19.7	98.9	57.9	-232.1
Interest Expense	-	-1.1	-7.7	-10.1	-6.2	-4.8
Interest & Investment Income	0.4	0.4	0.2	0.2	-	0.1
Currency Exchange Gain (Loss)	-0.1	-0.6	-0.5	-1.3	0.6	-0.1
Other Non Operating Income (Expenses)	-0.8	-0.8	-0.4	0.3	-	1.5
EBT Excluding Unusual Items	39.4	61	-28.1	88	52.3	-235.4
Merger & Restructuring Charges	-0.2	-0.6	-	-0.1	-3	-4.8
Gain (Loss) on Sale of Investments	-1.6	0.3	-0.3	-	-	-
Gain (Loss) on Sale of Assets	-	-	-0.6	-6.6	-10.4	-
Other Unusual Items	-	-	-	-0.7	-0.3	-1
Pretax Income	37.6	60.7	-29	80.6	38.6	-241.2
Income Tax Expense	32.1	37.1	19.8	56.2	43.3	-25.6
Earnings From Continuing Operations	5.5	23.6	-48.8	24.4	-4.7	-215.6
Earnings From Discontinued Operations	-	-	-	-	-	-0.2
Net Income	5.5	23.6	-48.8	24.4	-4.7	-215.8
Net Income to Common	5.5	23.6	-48.8	24.4	-4.7	-215.8
Shares Outstanding (Basic)	414	417	427	439	438	395
Shares Outstanding (Diluted)	415	420	427	440	438	395
Shares Change (YoY)	-1.60%	-1.75%	-2.96%	0.55%	10.81%	4.50%
EPS (Basic)	0.01	0.06	-0.11	0.06	-0.01	-0.55
EPS (Diluted)	0.01	0.05	-0.11	0.05	-0.01	-0.55
Free Cash Flow	24.3	35.6	31.4	28	-13.6	20.9
Free Cash Flow Per Share	0.06	0.09	0.07	0.06	-0.03	0.05
Dividend Per Share	0.016	0.015	0.014	0.012	-	-
Dividend Growth	11.29%	8.12%	16.28%	-	-	-
Gross Margin	25.94%	36.44%	37.42%	44.63%	15.73%	13.48%
Operating Margin	31.08%	49.76%	-12.52%	53.63%	46.69%	-171.93%
Profit Margin	4.28%	18.61%	-31.00%	13.23%	-3.79%	-159.85%
Free Cash Flow Margin	18.93%	28.08%	19.95%	15.18%	-10.97%	15.48%
EBITDA	67.1	83.8	101	126.1	73.17	66.2
EBITDA Margin	52.26%	66.09%	64.17%	68.38%	59.00%	49.04%
D&A For EBITDA	27.2	20.7	120.7	27.2	15.27	298.3
EBIT	39.9	63.1	-19.7	98.9	57.9	-232.1
EBIT Margin	31.08%	49.76%	-12.52%	53.63%	46.69%	-171.93%
Effective Tax Rate	85.37%	61.12%	-	69.73%	112.18%	-

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