Questerre Energy Corporation (OSL:QEC)

Questerre Energy Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	39.76	34.15	35.71	46.92	28.54	20.61
Revenue Growth (YoY)	19.15%	-4.35%	-23.90%	64.43%	38.46%	-34.01%
Cost of Revenue	19.19	15.16	16.08	15.31	11.78	11.95
Gross Profit	20.57	18.99	19.62	31.61	16.76	8.66
Selling, General & Admin	7.05	6.65	6.45	6.32	2.89	3.02
Depreciation & Amortization Expenses	17.36	12.49	12.63	9.9	6.09	9.42
Other Operating Expenses	2.69	7.86	24.59	0.99	12.33	113.74
Operating Income	-6.53	-8	-24.05	14.41	-4.56	-117.52
Total Non-Operating Income (Expense)	-0.48	-0.67	-0.34	0.34	-1.11	-1.12
Pretax Income	-7.01	-7.33	-23.71	14.07	-4.31	-117.63
Provision for Income Taxes	-	-	-	-	-0.01	-0.01
Net Income	-14.15	-7.33	-23.71	14.07	-4.3	-117.62
Net Income to Common	-14.15	-7.33	-23.71	14.07	-4.3	-117.62
Shares Outstanding (Basic)	429	429	429	429	428	428
Shares Outstanding (Diluted)	432	432	430	431	428	428
Shares Change (YoY)	0.54%	0.33%	-0.05%	0.59%	0.10%	2.53%
EPS (Basic)	-0.02	-0.02	-0.06	0.03	-0.01	-0.28
EPS (Diluted)	-0.02	-0.02	-0.06	0.03	-0.01	-0.28
Free Cash Flow	-13.92	-6.97	6.17	17.22	9.41	0.79
Free Cash Flow Growth	-	-	-64.17%	82.99%	1097.20%	-
Free Cash Flow Per Share	-0.03	-0.02	0.01	0.04	0.02	0.00
Gross Margin	51.73%	55.61%	54.96%	67.38%	58.72%	42.04%
Operating Margin	-16.43%	-23.43%	-67.35%	30.71%	-15.96%	-570.22%
Profit Margin	-35.59%	-21.46%	-66.40%	29.98%	-15.07%	-570.74%
FCF Margin	-35.01%	-20.40%	17.28%	36.70%	32.98%	3.81%
EBITDA	10.83	4.49	-11.42	24.31	1.54	-108.1
EBITDA Margin	27.23%	13.13%	-31.98%	51.81%	5.39%	-524.50%
EBIT	-6.53	-8	-24.05	14.41	-4.56	-117.52
EBIT Margin	-16.43%	-23.43%	-67.35%	30.71%	-15.96%	-570.22%
Effective Tax Rate	-	0.00%	0.00%	0.00%	0.16%	0.01%

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.