Africa Energy Corp. (TSXV:AFE)

Africa Energy Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Selling, General & Admin	1.41	1.16	1.75	2.78	3.73	2.98
Operating Expenses	1.78	1.85	4.64	20.5	5.2	4.16
Operating Income	-1.78	-1.85	-4.64	-20.5	-5.2	-4.16
Interest Expense	-1.07	-1.23	-0.82	-0.01	-	-
Interest & Investment Income	0.11	0.08	0.1	0.1	0.03	0.14
Earnings From Equity Investments	-0.06	-0.03	-0.02	-0.02	-0.03	-0.02
Currency Exchange Gain (Loss)	0.15	-0.01	-0.01	-0.03	-0.04	0
Other Non Operating Income (Expenses)	-0.19	-0.18	-0.23	-0.31	-0.3	-0.23
EBT Excluding Unusual Items	-2.84	-3.21	-5.62	-20.77	-5.53	-4.26
Gain (Loss) on Sale of Investments	-27.16	-97.4	-114.16	-	27.1	-
Pretax Income	-30.01	-100.62	-119.78	-20.77	21.56	-4.26
Net Income	-30.01	-100.62	-119.78	-20.77	21.56	-4.26
Net Income to Common	-30.01	-100.62	-119.78	-20.77	21.56	-4.26
Shares Outstanding (Basic)	332	282	282	280	279	175
Shares Outstanding (Diluted)	332	282	282	280	282	175
Shares Change (YoY)	17.84%	-	0.40%	-0.47%	61.22%	27.77%
EPS (Basic)	-0.09	-0.36	-0.43	-0.07	0.08	-0.02
EPS (Diluted)	-0.09	-0.36	-0.45	-0.07	0.08	-0.02
Free Cash Flow	-1.64	-1.11	-2.13	-3.02	-4.04	-3.35
Free Cash Flow Per Share	-0.01	-0.00	-0.01	-0.01	-0.01	-0.02
EBITDA	-1.77	-1.85	-4.63	-5.81	-5.17	-4.12
D&A For EBITDA	0	0	0.01	14.69	0.03	0.03
EBIT	-1.78	-1.85	-4.64	-20.5	-5.2	-4.16

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.