Obsidian Energy Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	454.3	540.8	731.2	653.3	771.7	448.9
Revenue Growth (YoY)	-39.01%	-26.04%	11.92%	-15.34%	71.91%	64.55%
Cost of Revenue	218	240.3	273.1	243.9	222.6	160.8
Gross Profit	236.3	300.5	458.1	409.4	549.1	288.1
Selling, General & Admin	20.5	20.6	20.5	19	18.4	15.3
Other Operating Expenses	-18.3	-18.3	-8.5	-13.1	12	-1.2
Operating Expenses	205	217.2	682.6	233.1	-53	-165.1
Operating Income	31.3	83.3	-224.5	176.3	602.1	453.2
Interest Expense	-19.3	-24.6	-35.3	-30.4	-32.4	-33.4
Currency Exchange Gain (Loss)	-	-	-	-	-0.7	0.2
Other Non Operating Income (Expenses)	-3.6	-5.4	-3.8	-1.8	-3.6	-6.5
EBT Excluding Unusual Items	8.4	53.3	-263.6	144.1	565.4	413.5
Merger & Restructuring Charges	-1.1	-1	-1.4	-	-2.5	1.8
Other Unusual Items	-5.3	-5.3	-0.1	-0.5	0.8	-1.3
Pretax Income	2	47	-265.1	143.6	563.7	414
Income Tax Expense	0.9	11.8	-62.5	35.6	-246.4	-
Net Income	1.1	35.2	-202.6	108	810.1	414
Net Income to Common	1.1	35.2	-202.6	108	810.1	414
Net Income Growth	-	-	-	-86.67%	95.68%	-
Shares Outstanding (Basic)	68	69	76	81	82	75
Shares Outstanding (Diluted)	70	72	76	84	84	78
Shares Change (YoY)	-7.36%	-5.53%	-9.63%	-0.36%	8.76%	5.87%
EPS (Basic)	0.02	0.51	-2.67	1.33	9.88	5.51
EPS (Diluted)	0.02	0.49	-2.67	1.28	9.60	5.34
EPS Growth	-	-	-	-86.67%	79.77%	-
Free Cash Flow	-68	-59.4	-64.6	59.6	137.4	57.7
Free Cash Flow Per Share	-0.98	-0.83	-0.85	0.71	1.63	0.74
Gross Margin	52.01%	55.57%	62.65%	62.67%	71.16%	64.18%
Operating Margin	6.89%	15.40%	-30.70%	26.99%	78.02%	100.96%
Profit Margin	0.24%	6.51%	-27.71%	16.53%	104.98%	92.22%
Free Cash Flow Margin	-14.97%	-10.98%	-8.83%	9.12%	17.80%	12.85%
EBITDA	235.5	296.9	452.7	402.9	831.57	537.87
EBITDA Margin	51.84%	54.90%	61.91%	61.67%	107.76%	119.82%
D&A For EBITDA	204.2	213.6	677.2	226.6	229.47	84.67
EBIT	31.3	83.3	-224.5	176.3	602.1	453.2
EBIT Margin	6.89%	15.40%	-30.70%	26.99%	78.02%	100.96%
Effective Tax Rate	45.00%	25.11%	-	24.79%	-	-
Revenue as Reported	484.8	571.3	756.2	683.9	771	451.3

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