Vermilion Energy Income Statement

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

Millions CAD. 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	3,649	3,186	4,207	7,136	4,268
Revenue Growth (YoY)	14.55%	-24.28%	-41.04%	67.22%	78.69%
Cost of Revenue	585.79	532.35	587.54	506.75	451.14
Gross Profit	3,064	2,653	3,620	6,630	3,816
Selling, General & Admin	123.62	103.94	123.47	102.07	94.44
Depreciation & Amortization Expenses	769.09	630.16	790.81	635.3	615.24
Other Operating Expenses	572.16	-	1,368	-192.09	-1,303
Total Operating Expenses	1,465	734.1	2,283	545.28	-592.94
Operating Income	1,599	1,919	1,337	6,084	4,409
Interest Expense	-132.75	-84.61	-85.21	-82.86	-73.08
Other Non-Operating Income (Expense)	-292.33	68.91	33.74	-215.33	432.68
Total Non-Operating Income (Expense)	-425.07	-15.69	-51.47	-298.18	359.6
Pretax Income	-324.82	-69.92	-278.28	2,051	1,382
Provision for Income Taxes	39.99	26.25	-40.7	738.04	233.2
Net Income	-653.6	-46.74	-237.59	1,313	1,149
Earnings From Discontinued Operations	-288.8	49.43	-	-	-
Net Income to Common	-653.6	-46.74	-237.59	1,313	1,149
Net Income Growth	-	-	-	14.31%	-
Shares Outstanding (Basic)	154	158	164	163	161
Shares Outstanding (Diluted)	154	158	164	168	165
Shares Change (YoY)	-2.66%	-3.45%	-2.79%	2.22%	4.34%
EPS (Basic)	-4.25	-0.30	-1.45	8.03	7.13
EPS (Diluted)	-4.25	-0.30	-1.45	7.80	6.97
EPS Growth	-	-	-	11.91%	-
Free Cash Flow	308.74	344.77	434.34	1,262	459.66
Free Cash Flow Growth	-10.45%	-20.62%	-65.59%	174.64%	245.74%
Free Cash Flow Per Share	2.01	2.18	2.65	7.50	2.79
Dividends Per Share	0.520	0.480	0.400	0.280	-
Dividend Growth	8.33%	20.00%	42.86%	-	-
Gross Margin	83.95%	83.29%	86.04%	92.90%	89.43%
Operating Margin	43.81%	60.25%	31.78%	85.26%	103.32%
Profit Margin	-10.00%	-3.02%	-5.65%	18.40%	26.92%
FCF Margin	8.46%	10.82%	10.32%	17.69%	10.77%
EBITDA	2,418	2,677	2,128	6,720	5,025
EBITDA Margin	66.26%	84.03%	50.58%	94.16%	117.74%
EBIT	1,599	1,919	1,337	6,084	4,409
EBIT Margin	43.81%	60.25%	31.78%	85.26%	103.32%
Effective Tax Rate	-12.31%	-37.54%	14.62%	35.98%	16.88%

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