Tamar Petroleum Income Statement

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

Millions USD. 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	252.92	263.38	234.02	254.35	201.31
Revenue Growth (YoY)	-3.97%	12.55%	-7.99%	26.35%	-5.11%
Cost of Revenue	45.65	47.63	36.83	31.81	25.92
Gross Profit	207.27	215.74	197.19	222.54	175.39
Selling, General & Admin	4.55	4.07	4.96	4.75	4.93
Other Operating Expenses	64.92	63.53	56.18	61.11	39.19
Operating Expenses	114.37	109.54	99.68	109.58	80.05
Operating Income	92.9	106.2	97.52	112.96	95.33
Interest Expense	-32.82	-38.71	-43.48	-49.63	-50.13
Interest & Investment Income	6.4	7.88	9.58	3.87	0.84
Currency Exchange Gain (Loss)	-	1.53	1.54	3.55	-1.67
Other Non Operating Income (Expenses)	-1.68	-1.56	-1.36	-1.16	-0.95
EBT Excluding Unusual Items	64.79	75.34	63.79	69.59	43.42
Other Unusual Items	-	-	-	-	0.57
Pretax Income	64.79	75.34	63.79	69.59	43.99
Income Tax Expense	15.05	16.77	14.28	35.77	4.31
Net Income	49.74	58.56	49.51	33.82	39.68
Net Income to Common	49.74	58.56	49.51	33.82	39.68
Net Income Growth	-15.07%	18.29%	46.38%	-14.77%	-55.04%
Shares Outstanding (Basic)	89	88	88	88	88
Shares Outstanding (Diluted)	90	89	89	89	88
Shares Change (YoY)	0.46%	0.69%	0.14%	0.02%	-
EPS (Basic)	0.56	0.66	0.56	0.38	0.45
EPS (Diluted)	0.55	0.66	0.56	0.38	0.45
EPS Growth	-16.67%	17.97%	47.23%	-15.25%	-55.04%
Free Cash Flow	128.16	89.64	49.47	161.65	136.8
Free Cash Flow Per Share	1.43	1.00	0.56	1.83	1.55
Dividend Per Share	1.290	0.305	0.249	0.181	0.136
Dividend Growth	323.10%	22.61%	37.35%	33.09%	71.93%
Gross Margin	81.95%	81.91%	84.26%	87.49%	87.12%
Operating Margin	36.73%	40.32%	41.67%	44.41%	47.36%
Profit Margin	19.66%	22.24%	21.16%	13.30%	19.71%
Free Cash Flow Margin	50.67%	34.04%	21.14%	63.55%	67.96%
EBITDA	137.81	148.15	136.06	156.67	131.26
EBITDA Margin	54.49%	56.25%	58.14%	61.60%	65.20%
D&A For EBITDA	44.91	41.94	38.54	43.71	35.93
EBIT	92.9	106.2	97.52	112.96	95.33
EBIT Margin	36.73%	40.32%	41.67%	44.41%	47.36%
Effective Tax Rate	23.23%	22.26%	22.38%	51.40%	9.79%
Revenue as Reported	252.92	263.38	234.02	254.35	201.31

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.