Meren Energy Inc. (TSX:MER)

Meren Energy Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cost of Revenue	93.2	-	-	-	-	-
Gross Profit	269.2	-	-	-	-	-
Selling, General & Admin	46.8	32.4	31.9	27	11.7	11.16
Operating Expenses	201.8	32.4	94.1	197.6	18	229.73
Operating Income	67.4	-32.4	-94.1	-197.6	-18	-229.73
Interest Expense	-28.1	-4.9	-7.6	-3.5	-18.3	-29.34
Interest & Investment Income	3.7	7.6	7.8	2.4	0.1	1.1
Earnings From Equity Investments	152.6	187.3	181	138.4	226.9	240.36
Currency Exchange Gain (Loss)	-	-	-	-	-	-0.01
Other Non Operating Income (Expenses)	-8.2	-	-	-	-	-
EBT Excluding Unusual Items	187.4	157.6	87.1	-60.3	190.7	-17.61
Gain (Loss) on Sale of Investments	-75.8	-436.7	-	-	-	-
Pretax Income	113.7	-279.1	87.1	-60.3	190.7	-17.61
Earnings From Continuing Operations	65.4	-279.1	87.1	-60.3	190.7	-17.61
Net Income	65.4	-279.1	87.1	-60.3	190.7	-17.61
Net Income to Common	65.4	-279.1	87.1	-60.3	190.7	-17.61
Shares Outstanding (Basic)	566	449	462	474	473	472
Shares Outstanding (Diluted)	572	449	473	474	477	472
Shares Change (YoY)	25.41%	-4.97%	-0.30%	-0.63%	1.18%	0.15%
EPS (Basic)	0.12	-0.62	0.19	-0.13	0.40	-0.04
EPS (Diluted)	0.12	-0.62	0.18	-0.13	0.40	-0.04
Free Cash Flow	134.8	-40.9	-53.3	-15.5	-10.8	-5.44
Free Cash Flow Per Share	0.24	-0.09	-0.11	-0.03	-0.02	-0.01
Dividend Per Share	0.111	0.050	0.050	0.050	-	-
EBITDA	238.65	29.8	-31.9	-27	197.6	-14.13
D&A For EBITDA	171.25	62.2	62.2	170.6	215.6	215.6
EBIT	67.4	-32.4	-94.1	-197.6	-18	-229.73
Revenue as Reported	187.3	187.3	181	138.4	226.9	240.36

Source: S&P Global Market Intelligence. Standard template. Financial Sources.