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	FY 2020
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	825.87	790.95	652.26	948.79	261.13	-
Revenue Growth (YoY)	32.30%	21.26%	-31.25%	263.34%	-	-
Cost of Revenue	517.63	532.75	509.38	596.68	178.39	-
Gross Profit	308.24	258.2	142.89	352.1	82.74	-
Selling, General & Admin	27.42	22.76	11.54	9.84	3.29	0.36
Other Operating Expenses	27.49	27.49	-16.41	121.48	39.29	-
Operating Expenses	148.28	139.43	76.85	202.35	70	0.36
Operating Income	159.95	118.76	66.04	149.75	12.74	-0.36
Interest Expense	-58.28	-61.46	-110.21	-76.33	-24.11	-
Interest & Investment Income	5.03	5.03	2.91	-	-	-
Currency Exchange Gain (Loss)	-17.81	-26.13	8.72	-26.1	-1.51	-
Other Non Operating Income (Expenses)	13.93	0.33	-71.57	-0.54	-9.31	-
EBT Excluding Unusual Items	102.82	36.53	-104.11	46.79	-22.19	-0.36
Merger & Restructuring Charges	-	-	-12.17	-2.77	-10.32	-
Other Unusual Items	-	-	-	-	693.95	-
Pretax Income	102.82	36.53	-116.29	44.02	661.44	-0.36
Income Tax Expense	-81.67	-84.88	19.39	-87.68	-	-
Net Income	184.49	121.41	-135.67	131.7	661.44	-0.36
Net Income to Common	184.49	121.41	-135.67	131.7	661.44	-0.36
Net Income Growth	-	-	-	-80.09%	-	-
Shares Outstanding (Basic)	69	69	54	49	43	8
Shares Outstanding (Diluted)	72	72	54	70	48	8
Shares Change (YoY)	21.01%	31.59%	-22.17%	45.39%	541.31%	-
EPS (Basic)	2.65	1.76	-2.49	2.69	15.52	-0.05
EPS (Diluted)	2.57	1.70	-2.49	1.88	13.75	-0.06
EPS Growth	-	-	-	-86.33%	-	-
Free Cash Flow	80.37	57.14	53.12	125.14	27.39	-
Free Cash Flow Per Share	1.12	0.80	0.98	1.79	0.57	-
Gross Margin	37.32%	32.64%	21.91%	37.11%	31.69%	-
Operating Margin	19.37%	15.02%	10.13%	15.78%	4.88%	-
Profit Margin	22.34%	15.35%	-20.80%	13.88%	253.30%	-
Free Cash Flow Margin	9.73%	7.22%	8.14%	13.19%	10.49%	-
EBITDA	258.17	213.74	197.36	218.3	41.04	-
EBITDA Margin	31.26%	27.02%	30.26%	23.01%	15.72%	-
D&A For EBITDA	98.22	94.98	131.31	68.55	28.29	-
EBIT	159.95	118.76	66.04	149.75	12.74	-0.36
EBIT Margin	19.37%	15.02%	10.13%	15.78%	4.88%	-
Revenue as Reported	798.38	763.46	668.67	827.31	221.84	-

Updated Mar 18, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.