Advantage Energy Income Statement

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

Millions CAD. 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	645.83	497.63	509.42	858.11	464.51
Revenue Growth (YoY)	29.78%	-2.31%	-40.63%	84.74%	97.99%
Cost of Revenue	270.38	226.89	178.43	159.12	115.33
Gross Profit	375.46	270.75	330.99	698.99	349.17
Selling, General & Admin	40.35	36.36	24.64	22.28	19.86
Depreciation & Amortization Expenses	228.04	199.49	148.9	133.92	106.79
Exploration Expenses	-	-	-	-	0.08
Other Operating Expenses	9.16	5.44	16.77	5.52	-336.6
Total Operating Expenses	277.55	241.29	190.3	161.72	-209.87
Operating Income	97.91	29.46	140.69	537.27	559.04
Interest Expense	-61.06	-52.42	-30.09	-20.43	-21.19
Other Non-Operating Income (Expense)	40.04	55	26.23	-79.75	-5.75
Total Non-Operating Income (Expense)	-21.02	2.58	-3.86	-100.18	-26.94
Pretax Income	76.89	32.04	136.83	437.09	532.1
Provision for Income Taxes	24.71	12.81	35.64	105.14	121.09
Net Income	53.05	21.72	101.6	338.67	411.52
Minority Interest in Earnings	2.05	1.61	1.32	0.91	0.17
Net Income to Common	53.05	21.72	101.6	338.67	411.52
Net Income Growth	144.26%	-78.62%	-70.00%	-17.70%	-
Shares Outstanding (Basic)	167	164	167	187	190
Shares Outstanding (Diluted)	170	167	172	194	199
Shares Change (YoY)	2.01%	-2.92%	-11.37%	-2.38%	5.78%
EPS (Basic)	0.32	0.13	0.61	1.81	2.17
EPS (Diluted)	0.31	0.13	0.59	1.75	2.07
EPS Growth	138.46%	-77.97%	-66.29%	-15.46%	-
Free Cash Flow	-33.3	-84.39	51.2	261.61	74.92
Free Cash Flow Growth	-	-	-80.43%	249.20%	-
Free Cash Flow Per Share	-0.20	-0.51	0.30	1.35	0.38
Gross Margin	58.14%	54.41%	64.97%	81.46%	75.17%
Operating Margin	15.16%	5.92%	27.62%	62.61%	120.35%
Profit Margin	7.90%	4.04%	19.68%	39.36%	88.56%
FCF Margin	-5.16%	-16.96%	10.05%	30.49%	16.13%
EBITDA	325.95	228.95	289.59	671.18	665.83
EBITDA Margin	50.47%	46.01%	56.85%	78.22%	143.34%
EBIT	97.91	29.46	140.69	537.27	559.04
EBIT Margin	15.16%	5.92%	27.62%	62.61%	120.35%
Effective Tax Rate	32.14%	39.97%	26.04%	24.05%	22.76%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.