Africa Energy Corp. (TSXV:AFE)

Africa Energy Income Statement

Financials in millions USD. 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
Selling, General & Admin	2.27	2.02	4.57	6.12	5.47
Depreciation & Amortization Expenses	-	0	0.01	0.01	0.03
Exploration Expenses	-	-	0.29	14.68	-
Total Operating Expenses	2.27	2.02	4.87	20.81	5.5
Operating Income	-2.27	-2.02	-4.87	-20.81	-5.5
Interest Income	0.2	0.08	0.1	0.1	0.03
Interest Expense	-0.39	-1.24	-0.82	-0.04	-0.04
Other Non-Operating Income (Expense)	-2.5	-97.43	-114.18	-0.02	27.07
Total Non-Operating Income (Expense)	-2.69	-98.59	-114.91	0.04	27.06
Pretax Income	-4.96	-100.62	-119.78	-20.77	21.56
Net Income	-4.96	-100.62	-119.78	-20.77	21.56
Net Income to Common	-4.96	-100.62	-119.78	-20.77	21.56
Shares Outstanding (Basic)	431	282	282	280	279
Shares Outstanding (Diluted)	431	282	282	280	282
Shares Change (YoY)	53.07%	-	0.40%	-0.47%	61.22%
EPS (Basic)	-0.01	-0.36	-0.45	-0.05	0.10
EPS (Diluted)	-0.01	-0.36	-0.45	-0.05	0.10
Shares Outstanding	479.16	281.56	281.56	281.56	279.72
Free Cash Flow	-1.85	-1.11	-2.13	-3.02	-4.04
Free Cash Flow Per Share	-0.00	-0.00	-0.01	-0.01	-0.01
EBITDA	-2.27	-2.02	-4.86	-20.8	-5.47
EBIT	-2.27	-2.02	-4.87	-20.81	-5.5

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