Tamar Petroleum Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	252.41	252.92	263.38	234.02	254.35	201.31
Revenue Growth (YoY)	-3.83%	-3.97%	12.55%	-7.99%	26.35%	-5.11%
Cost of Revenue	44.43	45.65	47.63	36.83	31.81	25.92
Gross Profit	207.99	207.27	215.74	197.19	222.54	175.39
Selling, General & Admin	4.59	4.55	4.07	4.96	4.75	4.93
Other Operating Expenses	63.4	64.92	63.53	56.18	61.11	39.19
Operating Expenses	113.75	114.37	109.54	99.68	109.58	80.05
Operating Income	94.24	92.9	106.2	97.52	112.96	95.33
Interest Expense	-42.56	-32.82	-38.71	-43.48	-49.63	-50.13
Interest & Investment Income	6.4	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)	-2	-1.68	-1.56	-1.36	-1.16	-0.95
EBT Excluding Unusual Items	56.08	64.79	75.34	63.79	69.59	43.42
Other Unusual Items	-	-	-	-	-	0.57
Pretax Income	56.08	64.79	75.34	63.79	69.59	43.99
Income Tax Expense	13.06	15.05	16.77	14.28	35.77	4.31
Net Income	43.02	49.74	58.56	49.51	33.82	39.68
Net Income to Common	43.02	49.74	58.56	49.51	33.82	39.68
Net Income Growth	-18.21%	-15.07%	18.29%	46.38%	-14.77%	-55.04%
Shares Outstanding (Basic)	89	89	88	88	88	88
Shares Outstanding (Diluted)	90	90	89	89	89	88
Shares Change (YoY)	0.39%	0.46%	0.69%	0.14%	0.02%	-
EPS (Basic)	0.48	0.56	0.66	0.56	0.38	0.45
EPS (Diluted)	0.47	0.55	0.66	0.56	0.38	0.45
EPS Growth	-20.90%	-16.67%	17.97%	47.23%	-15.25%	-55.04%
Free Cash Flow	108.61	128.16	89.64	49.47	161.65	136.8
Free Cash Flow Per Share	1.21	1.43	1.00	0.56	1.83	1.55
Dividend Per Share	1.290	1.290	0.305	0.249	0.181	0.136
Dividend Growth	323.10%	323.10%	22.61%	37.35%	33.09%	71.93%
Gross Margin	82.40%	81.95%	81.91%	84.26%	87.49%	87.12%
Operating Margin	37.33%	36.73%	40.32%	41.67%	44.41%	47.36%
Profit Margin	17.04%	19.66%	22.24%	21.16%	13.30%	19.71%
Free Cash Flow Margin	43.03%	50.67%	34.04%	21.14%	63.55%	67.96%
EBITDA	140	137.81	148.15	136.06	156.67	131.26
EBITDA Margin	55.46%	54.49%	56.25%	58.14%	61.60%	65.20%
D&A For EBITDA	45.76	44.91	41.94	38.54	43.71	35.93
EBIT	94.24	92.9	106.2	97.52	112.96	95.33
EBIT Margin	37.33%	36.73%	40.32%	41.67%	44.41%	47.36%
Effective Tax Rate	23.28%	23.23%	22.26%	22.38%	51.40%	9.79%
Revenue as Reported	252.41	252.92	263.38	234.02	254.35	201.31