Greenfire Resources Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
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
Revenue	678.01	763.46	668.67	827.31	221.84
Revenue Growth (YoY)	-8.51%	14.18%	-19.18%	272.93%	-
Cost of Revenue	456.69	532.75	509.38	596.68	178.39
Gross Profit	221.32	230.71	159.29	230.62	43.45
Selling, General & Admin	31.83	29.1	21.34	11.02	3.29
Depreciation & Amortization Expenses	90.28	81.03	68.05	68.03	27.07
Exploration Expenses	1.76	1.81	3.85	1.83	0.35
Other Operating Expenses	-4.09	-5.03	115.81	2.56	18.69
Total Operating Expenses	119.77	106.91	209.06	83.43	49.4
Operating Income	101.55	123.8	-49.77	147.19	-5.95
Interest Expense	-52.26	-61.46	-110.21	-77.07	-25.05
Other Non-Operating Income (Expense)	12.28	-25.8	43.7	-26.1	692.44
Total Non-Operating Income (Expense)	-39.98	-87.26	-66.52	-103.17	667.39
Pretax Income	61.57	36.53	-116.29	44.02	661.44
Provision for Income Taxes	-96.63	-84.88	19.39	-87.68	-
Net Income	134.7	121.41	-135.67	131.7	661.44
Net Income to Common	134.7	121.41	-135.67	131.7	661.44
Net Income Growth	252.70%	-	-	-80.09%	-
Shares Outstanding (Basic)	70	69	54	49	43
Shares Outstanding (Diluted)	71	72	54	70	48
Shares Change (YoY)	0.57%	31.59%	-22.17%	45.39%	-
EPS (Basic)	1.93	1.76	-2.49	2.69	15.52
EPS (Diluted)	1.89	1.70	-2.49	1.88	13.75
EPS Growth	278.00%	-	-	-86.33%	-
Free Cash Flow	93.84	57.14	53.12	125.14	27.39
Free Cash Flow Growth	64.23%	7.57%	-57.55%	356.85%	-
Free Cash Flow Per Share	1.33	0.80	0.98	1.79	0.57
Gross Margin	32.64%	30.22%	23.82%	27.88%	19.59%
Operating Margin	14.98%	16.21%	-7.44%	17.79%	-2.68%
Profit Margin	19.87%	15.90%	-20.29%	15.92%	298.16%
FCF Margin	13.84%	7.48%	7.94%	15.13%	12.35%
EBITDA	191.8	204.52	18.13	215.06	22.05
EBITDA Margin	28.29%	26.79%	2.71%	25.99%	9.94%
EBIT	101.55	123.8	-49.77	147.19	-5.95
EBIT Margin	14.98%	16.21%	-7.44%	17.79%	-2.68%
Effective Tax Rate	-156.93%	-232.34%	-16.67%	-199.20%	0.00%

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.