Birchcliff 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	695.6	601.32	700.62	1,198	876.86
Revenue Growth (YoY)	15.68%	-14.17%	-41.51%	36.60%	67.34%
Cost of Revenue	84.28	90.89	105.81	101.58	91.52
Gross Profit	611.31	510.43	594.81	1,096	785.34
Selling, General & Admin	44.04	46.69	55.74	42.23	30.68
Depreciation & Amortization Expenses	261.34	246.65	226.51	213.81	212.76
Other Operating Expenses	182.77	201.03	187.6	173.73	169.3
Total Operating Expenses	488.14	494.37	469.85	429.77	412.73
Operating Income	123.17	16.06	124.97	666.41	372.61
Interest Income	11.57	108.06	-76.17	211.79	64.97
Interest Expense	-49.89	-47.22	-26.41	-19.24	-33.24
Other Non-Operating Income (Expense)	1.53	2.74	6.44	-2.38	-10.03
Total Non-Operating Income (Expense)	-36.79	63.58	-96.14	190.17	21.71
Pretax Income	86.38	79.64	28.83	856.58	394.32
Provision for Income Taxes	-18.44	-18.07	-6.17	-200.49	-94.27
Net Income	64.87	56.1	9.78	656.83	314.68
Net Income to Common	64.87	56.1	9.78	656.83	314.68
Net Income Growth	15.64%	473.62%	-98.51%	108.73%	-
Shares Outstanding (Basic)	273	269	266	266	266
Shares Outstanding (Diluted)	274	272	272	275	274
Shares Change (YoY)	0.74%	-0.11%	-0.99%	0.31%	3.17%
EPS (Basic)	0.24	0.21	0.04	2.46	1.17
EPS (Diluted)	0.24	0.21	0.04	2.38	1.13
EPS Growth	14.29%	425.00%	-98.32%	110.62%	-
Free Cash Flow	99.93	-79.29	12.53	556.73	282.89
Free Cash Flow Growth	-	-	-97.75%	96.80%	-
Free Cash Flow Per Share	0.36	-0.29	0.05	2.02	1.03
Dividends Per Share	0.120	0.400	0.800	0.070	0.025
Dividend Growth	-70.00%	-50.00%	1042.86%	180.00%	-39.39%
Gross Margin	87.88%	84.88%	84.90%	91.52%	89.56%
Operating Margin	17.71%	2.67%	17.84%	55.64%	42.49%
Profit Margin	9.33%	9.33%	1.40%	54.84%	35.89%
FCF Margin	14.37%	-13.19%	1.79%	46.48%	32.26%
EBITDA	390.14	267.09	355.88	880.22	585.37
EBITDA Margin	56.09%	44.42%	50.79%	73.49%	66.76%
EBIT	123.17	16.06	124.97	666.41	372.61
EBIT Margin	17.71%	2.67%	17.84%	55.64%	42.49%
Effective Tax Rate	-21.35%	-22.69%	-21.40%	-23.41%	-23.91%

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