Strategic Oil & Gas Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013
Period Ending	Sep '18 Sep 30, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015	Dec '14 Dec 31, 2014	Dec '13 Dec 31, 2013
Operating Revenue	33.41	33.65	20.6	32.29	65.03	61.42
Other Revenue	-	-	-	-	-	0.09
Revenue	33.41	33.65	20.6	32.29	65.03	61.52
Revenue Growth (YoY)	7.58%	63.37%	-36.23%	-50.34%	5.72%	30.31%
Cost of Revenue	18.77	19.7	14.88	20.72	35.67	32.91
Gross Profit	14.64	13.94	5.72	11.57	29.36	28.6
Selling, General & Admin	5.67	5.82	5.37	6.88	8.05	7.06
Other Operating Expenses	8.79	8.48	1.06	-0.88	-4.71	12.02
Operating Expenses	78.6	91.85	-33.03	123.18	155.12	49.08
Operating Income	-63.96	-77.9	38.75	-111.61	-125.76	-20.48
Interest Expense	-11.87	-11.09	-9.26	-3.08	-3.38	-2.6
Interest & Investment Income	0.18	0.36	0.22	-	-	-
Currency Exchange Gain (Loss)	-	-	-	-	-	0.06
Other Non Operating Income (Expenses)	-	-	-0.28	4.58	-	-
EBT Excluding Unusual Items	-75.65	-88.64	29.43	-110.12	-129.14	-23.02
Gain (Loss) on Sale of Assets	2.18	-	0.04	-	2.31	-
Other Unusual Items	-1	-1	-	-	-5	-
Pretax Income	-74.47	-89.64	29.47	-110.12	-131.83	-23.02
Income Tax Expense	-0.16	-0.14	-3.78	-	-2.34	-0.7
Net Income	-74.31	-89.5	33.24	-110.12	-129.49	-22.32
Net Income to Common	-74.31	-89.5	33.24	-110.12	-129.49	-22.32
Shares Outstanding (Basic)	46	46	28	27	19	11
Shares Outstanding (Diluted)	46	46	72	27	19	11
Shares Change (YoY)	-46.01%	-35.59%	164.42%	42.25%	75.20%	16.49%
EPS (Basic)	-1.60	-1.94	1.21	-4.06	-6.79	-2.05
EPS (Diluted)	-1.60	-1.94	0.55	-4.06	-6.80	-2.05
Free Cash Flow	-12.75	-43.68	-25.94	-9.93	-87.92	-100.66
Free Cash Flow Per Share	-0.28	-0.95	-0.36	-0.37	-4.61	-9.25
Gross Margin	43.81%	41.44%	27.75%	35.83%	45.15%	46.50%
Operating Margin	-191.47%	-231.55%	188.13%	-345.61%	-193.39%	-33.28%
Profit Margin	-222.44%	-266.02%	161.41%	-340.99%	-199.12%	-36.28%
Free Cash Flow Margin	-38.16%	-129.83%	-125.97%	-30.76%	-135.20%	-163.63%
EBITDA	1.31	0.01	53.23	6.52	31.84	9.53
EBITDA Margin	3.91%	0.01%	258.45%	20.20%	48.95%	15.48%
D&A For EBITDA	65.27	77.91	14.48	118.13	157.6	30
EBIT	-63.96	-77.9	38.75	-111.61	-125.76	-20.48
EBIT Margin	-191.47%	-231.55%	188.13%	-	-193.39%	-33.28%
Revenue as Reported	33.5	34	20.81	34.27	70.93	50.36

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