Puma Energy Zambia Income Statement

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

Millions ZMW. 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	10,647	14,858	10,532	8,719	5,841
Revenue Growth (YoY)	-28.34%	41.07%	20.80%	49.25%	24.87%
Cost of Revenue	10,723	14,892	10,299	8,437	5,371
Gross Profit	-76.48	-33.32	233.66	281.36	469.94
Selling, General & Admin	-	-	-	-	236.32
Other Operating Expenses	-	-	-	-	-31.48
Operating Expenses	-	-	-	-	204.84
Operating Income	-76.48	-33.32	233.66	281.36	265.09
Interest Expense	-108.17	-156.49	-35.16	-6.09	-59.02
Interest & Investment Income	-	-	-	-	1.68
Currency Exchange Gain (Loss)	-93.79	-41.82	103.29	2.21	-80.11
Other Non Operating Income (Expenses)	63.14	116.99	55.86	48.42	-
EBT Excluding Unusual Items	-215.29	-114.65	357.65	325.9	127.64
Gain (Loss) on Sale of Assets	-	-	-	-	0.59
Pretax Income	-215.29	-114.65	357.65	325.9	128.23
Income Tax Expense	-59.58	-37.54	102.86	94.39	51.35
Earnings From Continuing Operations	-155.71	-77.11	254.79	231.51	76.88
Net Income	-155.71	-77.11	254.79	231.51	76.88
Net Income to Common	-155.71	-77.11	254.79	231.51	76.88
Net Income Growth	-	-	10.06%	201.14%	-52.01%
Shares Outstanding (Basic)	501	501	500	500	500
Shares Outstanding (Diluted)	501	501	500	500	500
Shares Change (YoY)	-0.01%	0.23%	-0.09%	0.00%	-
EPS (Basic)	-0.31	-0.15	0.51	0.46	0.15
EPS (Diluted)	-0.31	-0.15	0.51	0.46	0.15
EPS Growth	-	-	10.15%	201.13%	-52.01%
Free Cash Flow	643.51	429.21	-321.07	441.66	-44.36
Free Cash Flow Per Share	1.28	0.86	-0.64	0.88	-0.09
Gross Margin	-0.72%	-0.22%	2.22%	3.23%	8.04%
Operating Margin	-0.72%	-0.22%	2.22%	3.23%	4.54%
Profit Margin	-1.46%	-0.52%	2.42%	2.66%	1.32%
Free Cash Flow Margin	6.04%	2.89%	-3.05%	5.07%	-0.76%
EBITDA	-	-	-	320.08	303.81
EBITDA Margin	-	-	-	3.67%	5.20%
D&A For EBITDA	-	-	-	38.72	38.72
EBIT	-76.48	-33.32	233.66	281.36	265.09
EBIT Margin	-0.72%	-0.22%	2.22%	3.23%	4.54%
Effective Tax Rate	-	-	28.76%	28.96%	40.05%

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