International Petroleum Income Statement

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

Millions USD. 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	685.89	797.78	853.91	1,129	666.41
Revenue Growth (YoY)	-14.03%	-6.57%	-24.39%	69.46%	105.58%
Cost of Revenue	555.97	585.54	601.04	609.81	454.13
Gross Profit	128.12	210.17	250.51	516.71	210.32
Selling, General & Admin	16.78	16.06	18.46	14.44	12.36
Depreciation & Amortization Expenses	128.35	137.33	109.73	132.83	129.12
Exploration Expenses	1.8	2.07	2.36	2.78	1.96
Other Operating Expenses	-0.75	-1.14	-19.02	-	-
Total Operating Expenses	146.18	154.31	111.53	150.04	143.45
Operating Income	112.09	195.25	251.08	502.27	197.96
Interest Income	18.09	17.72	21.77	7	0.29
Interest Expense	-83.85	-77.43	-44.51	-44.13	-30.5
Total Non-Operating Income (Expense)	-65.77	-59.71	-22.74	-37.13	-30.21
Pretax Income	46.32	135.54	228.34	465.14	167.74
Provision for Income Taxes	17.38	33.33	55.36	127.41	21.68
Net Income	28.94	102.2	172.95	337.68	146.03
Minority Interest in Earnings	0	0.02	0.03	0.04	0.03
Net Income to Common	28.94	102.2	172.95	337.68	146.03
Net Income Growth	-71.69%	-40.91%	-48.78%	131.24%	-
Shares Outstanding (Basic)	115	124	132	147	155
Shares Outstanding (Diluted)	117	126	135	150	158
Shares Change (YoY)	-7.43%	-6.69%	-9.75%	-5.34%	0.00%
EPS (Basic)	0.25	0.82	1.31	2.30	0.94
EPS (Diluted)	0.25	0.81	1.28	2.25	0.92
EPS Growth	-69.14%	-36.72%	-43.11%	144.56%	-
Shares Outstanding	112.16	119.17	126.99	136.83	155.2
Free Cash Flow	-139.21	-166.71	33.46	444.16	237.19
Free Cash Flow Growth	-	-	-92.47%	87.26%	-
Free Cash Flow Per Share	-1.19	-1.32	0.25	2.96	1.50
Gross Margin	18.68%	26.34%	29.34%	45.75%	31.56%
Operating Margin	16.34%	24.47%	29.40%	44.48%	29.71%
Profit Margin	4.22%	12.81%	20.26%	29.91%	21.92%
FCF Margin	-20.30%	-20.90%	3.92%	39.33%	35.59%
EBITDA	241.84	333.82	362.38	636.71	328.79
EBITDA Margin	35.26%	41.84%	42.44%	56.38%	49.34%
EBIT	112.09	195.25	251.08	502.27	197.96
EBIT Margin	16.34%	24.47%	29.40%	44.48%	29.71%
Effective Tax Rate	37.52%	24.59%	24.25%	27.39%	12.93%

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