Tenaz Energy Corp. (TSX:TNZ)

Tenaz Energy Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	568.27	115.45	119.99	56.28	31.51
Revenue Growth (YoY)	392.22%	-3.79%	113.20%	78.62%	225.83%
Cost of Revenue	123.9	34.54	25.62	9.33	5.72
Gross Profit	444.37	80.91	94.37	46.95	25.79
Selling, General & Admin	15.71	12.6	9.24	6.32	2.83
Depreciation & Amortization Expenses	111.6	20.87	19.96	6.43	4.66
Other Operating Expenses	35.44	10.12	9.26	-1.32	-8.24
Total Operating Expenses	162.75	43.6	38.47	11.44	-0.75
Operating Income	281.62	37.32	55.9	35.51	26.54
Interest Income	5.28	4.38	3.51	-	-
Interest Expense	-18.39	-0.45	1	-0.1	-0.29
Other Non-Operating Income (Expense)	-284.36	0.57	-20.59	1.38	2.16
Total Non-Operating Income (Expense)	-297.47	4.5	-16.08	1.28	1.87
Pretax Income	268.74	-17.04	21	5.9	8.34
Provision for Income Taxes	-46.88	-9.33	-5.55	0.66	-
Net Income	315.61	-7.71	26.55	5.24	8.34
Net Income to Common	315.61	-7.71	26.55	5.24	8.34
Net Income Growth	-	-	406.91%	-37.20%	-
Shares Outstanding (Basic)	28	27	27	28	15
Shares Outstanding (Diluted)	32	27	29	29	15
Shares Change (YoY)	16.22%	-6.71%	0.61%	94.13%	36.58%
EPS (Basic)	11.18	-0.28	0.97	0.18	0.57
EPS (Diluted)	10.02	-0.28	0.91	0.18	0.56
EPS Growth	-	-	405.56%	-67.86%	-
Free Cash Flow	-6.58	-11.98	-9.68	-7.75	-6.45
Free Cash Flow Per Share	-0.21	-0.44	-0.33	-0.27	-0.43
Gross Margin	78.20%	70.09%	78.65%	83.43%	81.86%
Operating Margin	49.56%	32.32%	46.59%	63.10%	84.24%
Profit Margin	55.54%	-6.68%	22.12%	9.31%	26.47%
FCF Margin	-1.16%	-10.38%	-8.07%	-13.78%	-20.46%
EBITDA	393.22	58.19	75.86	41.94	31.2
EBITDA Margin	69.20%	50.40%	63.22%	74.53%	99.03%
EBIT	281.62	37.32	55.9	35.51	26.54
EBIT Margin	49.56%	32.32%	46.59%	63.10%	84.24%
Effective Tax Rate	-17.44%	54.74%	-26.43%	11.16%	0.00%

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