Tamar Petroleum 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	Sep '25 Sep 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	262.1	263.38	234.02	254.35	201.31	212.14
Revenue Growth (YoY)	9.88%	12.55%	-7.99%	26.35%	-5.11%	-27.37%
Cost of Revenue	43.56	47.63	36.83	31.81	25.92	19.44
Gross Profit	218.53	215.74	197.19	222.54	175.39	192.7
Selling, General & Admin	4.36	4.07	4.96	4.75	4.93	3.9
Other Operating Expenses	81.66	63.53	56.18	61.11	39.19	-
Operating Expenses	132.23	109.54	99.68	109.58	80.05	44.14
Operating Income	86.3	106.2	97.52	112.96	95.33	148.57
Interest Expense	-35.49	-38.71	-43.48	-49.63	-50.13	-54.43
Interest & Investment Income	6.05	7.88	9.58	3.87	0.84	1.6
Currency Exchange Gain (Loss)	1.53	1.53	1.54	3.55	-1.67	1.97
Other Non Operating Income (Expenses)	-1.56	-1.56	-1.36	-1.16	-0.95	-0.49
EBT Excluding Unusual Items	56.83	75.34	63.79	69.59	43.42	97.21
Other Unusual Items	-	-	-	-	0.57	2.31
Pretax Income	56.83	75.34	63.79	69.59	43.99	99.52
Income Tax Expense	12.5	16.77	14.28	35.77	4.31	11.26
Net Income	44.33	58.56	49.51	33.82	39.68	88.26
Net Income to Common	44.33	58.56	49.51	33.82	39.68	88.26
Net Income Growth	-20.52%	18.29%	46.38%	-14.77%	-55.04%	-29.76%
Shares Outstanding (Basic)	89	88	88	88	88	88
Shares Outstanding (Diluted)	90	89	89	89	88	88
Shares Change (YoY)	0.51%	0.69%	0.14%	0.02%	-	-
EPS (Basic)	0.50	0.66	0.56	0.38	0.45	1.00
EPS (Diluted)	0.49	0.66	0.56	0.38	0.45	1.00
EPS Growth	-22.26%	17.97%	47.23%	-15.25%	-55.04%	-29.76%
Free Cash Flow	112.57	89.64	49.47	161.65	136.8	168.33
Free Cash Flow Per Share	1.26	1.00	0.56	1.83	1.55	1.90
Dividend Per Share	0.338	0.305	0.249	0.181	0.136	0.079
Dividend Growth	24.60%	22.41%	37.57%	33.09%	71.93%	-30.00%
Gross Margin	83.38%	81.91%	84.26%	87.49%	87.12%	90.84%
Operating Margin	32.93%	40.32%	41.67%	44.41%	47.36%	70.03%
Profit Margin	16.91%	22.24%	21.16%	13.30%	19.71%	41.60%
Free Cash Flow Margin	42.95%	34.04%	21.14%	63.55%	67.96%	79.35%
EBITDA	132.51	148.15	136.06	156.67	131.26	188.8
EBITDA Margin	50.56%	56.25%	58.14%	61.60%	65.20%	89.00%
D&A For EBITDA	46.21	41.94	38.54	43.71	35.93	40.23
EBIT	86.3	106.2	97.52	112.96	95.33	148.57
EBIT Margin	32.93%	40.32%	41.67%	44.41%	47.36%	70.03%
Effective Tax Rate	22.00%	22.26%	22.38%	51.40%	9.79%	11.32%
Revenue as Reported	262.1	263.38	234.02	254.35	201.31	212.14

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