Topaz 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	363.47	357.84	315.45	334.74	367.9	205.69
Revenue Growth (YoY)	10.95%	13.44%	-5.76%	-9.01%	78.86%	110.22%
Gross Profit	363.47	357.84	315.45	334.74	367.9	205.69
Selling, General & Admin	18.13	18.15	14.94	11.58	9.96	8.34
Depreciation & Amortization Expenses	116.63	135.13	124.56	217.39	209.46	155.42
Other Operating Expenses	6.53	6.53	7.35	6.9	6.37	4.25
Total Operating Expenses	141.29	159.81	146.85	235.87	225.79	168.01
Operating Income	222.18	198.03	168.6	98.88	142.12	37.68
Interest Expense	-25.92	-26.99	-28.08	-29.94	-14.3	-3.47
Other Non-Operating Income (Expense)	24.55	21.34	3.05	13.33	-1.75	-5.85
Total Non-Operating Income (Expense)	-1.37	-5.66	-25.03	-16.62	-16.04	-9.32
Pretax Income	196.26	171.04	140.52	68.93	127.82	34.22
Provision for Income Taxes	35.89	42.3	34.86	21.29	28.46	6.65
Net Income	150.49	128.74	105.66	47.64	99.36	27.56
Net Income to Common	150.49	128.74	105.66	47.64	99.36	27.56
Net Income Growth	120.66%	21.85%	121.76%	-52.05%	260.45%	792.33%
Shares Outstanding (Basic)	154	154	147	144	143	124
Shares Outstanding (Diluted)	155	154	147	145	143	124
Shares Change (YoY)	3.51%	4.96%	1.21%	1.44%	15.23%	37.34%
EPS (Basic)	0.88	0.84	0.72	0.33	0.70	0.22
EPS (Diluted)	0.88	0.83	0.72	0.33	0.69	0.22
EPS Growth	60.00%	15.28%	118.18%	-52.17%	213.64%	633.33%
Shares Outstanding	154.74	153.99	153.46	144.74	144.21	139.33
Free Cash Flow	195.19	178.06	-161.63	246.04	-36.81	-757.08
Free Cash Flow Growth	9.62%	-	-	-	-	-
Free Cash Flow Per Share	1.26	1.15	-1.10	1.69	-0.26	-6.09
Dividends Per Share	1.360	1.350	1.300	1.220	1.100	0.850
Dividend Growth	0.74%	3.85%	6.56%	10.91%	29.41%	325.00%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	61.13%	55.34%	53.45%	29.54%	38.63%	18.32%
Profit Margin	44.12%	35.98%	33.49%	14.23%	27.01%	13.40%
FCF Margin	53.70%	49.76%	-51.24%	73.50%	-10.01%	-368.07%
EBITDA	338.82	333.16	293.16	316.27	351.57	193.1
EBITDA Margin	93.22%	93.10%	92.93%	94.48%	95.56%	93.88%
EBIT	222.18	198.03	168.6	98.88	142.12	37.68
EBIT Margin	61.13%	55.34%	53.45%	29.54%	38.63%	18.32%
Effective Tax Rate	18.29%	24.73%	24.81%	30.88%	22.27%	19.44%

Updated May 5, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.