International Petroleum Corporation (TSX: IPCO)

International Petroleum Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	940.88	1,231	741.03	340.84	580.08
Revenue Growth (YoY)	-23.58%	66.15%	117.41%	-41.24%	26.02%
Cost of Revenue	709.29	733.66	497.12	422.84	424.83
Gross Profit	231.59	497.58	243.91	-82	155.25
Selling, General & Admin	18.46	14.44	12.36	12.79	12.04
Operating Expenses	18.46	14.44	12.36	12.79	12.04
Operating Income	229.44	477.46	225.69	-85.54	140.86
Interest Income	21.77	6.97	0.25	0.08	0.24
Interest Expense	39.04	31.45	24.36	24.24	28.17
Other Expense / Income	-16.14	-12.12	33.88	2.06	-9.89
Pretax Income	228.34	465.14	167.74	-111.76	122.84
Income Tax	55.36	127.41	21.68	-33.82	19.25
Net Income	172.95	337.68	146.03	-77.94	103.56
Net Income Growth	-48.78%	131.25%	-	-	-0.05%
Shares Outstanding (Basic)	132	147	155	156	164
Shares Outstanding (Diluted)	132	150	158	158	166
Shares Change	-11.93%	-5.34%	0.00%	-4.75%	80.36%
EPS (Basic)	1.31	2.30	0.94	-0.50	0.63
EPS (Diluted)	1.31	2.25	0.92	-0.49	0.62
EPS Growth	-41.78%	144.57%	-	-	-44.64%
Free Cash Flow	32.92	444.01	236.95	-0.94	88.02
Free Cash Flow Per Share	0.25	2.96	1.50	-0.01	0.53
Gross Margin	24.61%	40.41%	32.92%	-24.06%	26.76%
Operating Margin	24.39%	38.78%	30.46%	-25.10%	24.28%
Profit Margin	18.38%	27.43%	19.71%	-22.87%	17.85%
Free Cash Flow Margin	3.50%	36.06%	31.98%	-0.28%	15.17%
Effective Tax Rate	24.25%	27.39%	12.93%	-	15.67%
EBITDA	340.74	611.9	356.53	39.74	299.61
EBITDA Margin	36.22%	49.70%	48.11%	11.66%	51.65%
Depreciation & Amortization	111.3	134.44	130.84	125.28	146.26
EBIT	229.44	477.46	225.69	-85.54	153.35
EBIT Margin	24.39%	38.78%	30.46%	-25.10%	26.44%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.