Meren Energy 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	562.1	-	-	-	-
Cost of Revenue	212.9	-	-	-	-
Gross Profit	349.2	-	-	-	-
Selling, General & Admin	29.5	23.4	31.9	27	11.7
Other Operating Expenses	9.2	0.2	-	-	-
Operating Expenses	246.6	23.6	94.1	197.6	18
Operating Income	102.6	-23.6	-94.1	-197.6	-18
Interest Expense	-30.4	-	-7.6	-3.5	-18.3
Interest & Investment Income	4.1	7.6	7.8	2.4	0.1
Earnings From Equity Investments	-	187.3	181	138.4	226.9
Other Non Operating Income (Expenses)	-8.2	-4.7	-	-	-
EBT Excluding Unusual Items	68.1	166.6	87.1	-60.3	190.7
Merger & Restructuring Charges	-6.9	-9	-	-	-
Gain (Loss) on Sale of Investments	55.9	-436.7	-	-	-
Asset Writedown	-105.3	-	-	-	-
Pretax Income	11.8	-279.1	87.1	-60.3	190.7
Income Tax Expense	43.4	-	-	-	-
Earnings From Continuing Operations	-31.6	-279.1	87.1	-60.3	190.7
Net Income	-31.6	-279.1	87.1	-60.3	190.7
Net Income to Common	-31.6	-279.1	87.1	-60.3	190.7
Shares Outstanding (Basic)	624	449	462	474	473
Shares Outstanding (Diluted)	624	449	473	474	477
Shares Change (YoY)	38.95%	-4.97%	-0.30%	-0.63%	1.18%
EPS (Basic)	-0.05	-0.62	0.19	-0.13	0.40
EPS (Diluted)	-0.05	-0.62	0.18	-0.13	0.40
Free Cash Flow	196.6	-56.2	-53.3	-15.5	-10.8
Free Cash Flow Per Share	0.32	-0.13	-0.11	-0.03	-0.02
Dividend Per Share	0.148	0.050	0.050	0.050	-
Dividend Growth	196.80%	-	-	-	-
Gross Margin	62.12%	-	-	-	-
Operating Margin	18.25%	-	-	-	-
Profit Margin	-5.62%	-	-	-	-
Free Cash Flow Margin	34.98%	-	-	-	-
EBITDA	311.6	38.6	-31.9	-27	197.6
EBITDA Margin	55.44%	-	-	-	-
D&A For EBITDA	209	62.2	62.2	170.6	215.6
EBIT	102.6	-23.6	-94.1	-197.6	-18
EBIT Margin	18.25%	-	-	-	-
Effective Tax Rate	367.80%	-	-	-	-
Revenue as Reported	562.1	-	181	138.4	226.9

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