Arrow Exploration Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	76.79	73.73	44.67	24.97	6.51	5.32
Revenue	76.79	73.73	44.67	24.97	6.51	5.32
Revenue Growth (YoY)	19.51%	65.04%	78.87%	283.47%	22.40%	-79.09%
Cost of Revenue	21.87	12.01	8.11	5.16	2.35	4.79
Gross Profit	54.92	61.72	36.56	19.81	4.17	0.53
Selling, General & Admin	13.11	12.88	9.94	6.72	4.88	4.32
Other Operating Expenses	0.27	0.18	0.13	0.2	0.13	0.52
Operating Expenses	35.32	31.42	34.65	4.01	0.93	35.33
Operating Income	19.6	30.3	1.92	15.8	3.23	-34.79
Interest Expense	-0.03	-0.03	-0.14	-0.46	-0.8	-0.24
Currency Exchange Gain (Loss)	0.34	-0.69	0.64	-0.59	0.08	0.25
Other Non Operating Income (Expenses)	-0.23	-0.33	0.62	-6.31	1.2	-0.27
EBT Excluding Unusual Items	19.67	29.25	3.03	8.44	3.72	-35.05
Gain (Loss) on Sale of Assets	-	-	-	-	-	1.06
Other Unusual Items	-	-	-	-	0.66	-
Pretax Income	21.22	29.25	3.03	8.44	4.37	-33.99
Income Tax Expense	14.32	16.07	4.14	8.09	-1.32	-1.76
Net Income	6.9	13.18	-1.11	0.35	5.69	-32.23
Net Income to Common	6.9	13.18	-1.11	0.35	5.69	-32.23
Net Income Growth	1048.21%	-	-	-93.91%	-	-
Shares Outstanding (Basic)	286	286	243	215	95	69
Shares Outstanding (Diluted)	292	291	290	279	96	69
Shares Change (YoY)	1.66%	0.46%	3.80%	190.19%	40.14%	-
EPS (Basic)	0.02	0.05	-0.00	0.00	0.06	-0.47
EPS (Diluted)	0.02	0.05	-0.00	0.00	0.06	-0.47
EPS Growth	-	-	-	-97.93%	-	-
Free Cash Flow	-8.99	8.4	-10.61	4.37	-6.22	-3.19
Free Cash Flow Per Share	-0.03	0.03	-0.04	0.02	-0.07	-0.05
Gross Margin	71.52%	83.71%	81.86%	79.34%	63.98%	10.03%
Operating Margin	25.52%	41.10%	4.29%	63.27%	49.63%	-653.97%
Profit Margin	8.99%	17.87%	-2.48%	1.39%	87.42%	-605.82%
Free Cash Flow Margin	-11.71%	11.40%	-23.75%	17.49%	-95.47%	-59.92%
EBITDA	40.54	47.27	25.97	20.86	4.85	-5.02
EBITDA Margin	52.79%	64.11%	58.13%	83.53%	74.40%	-94.35%
D&A For EBITDA	20.94	16.96	24.05	5.06	1.61	29.78
EBIT	19.6	30.3	1.92	15.8	3.23	-34.79
EBIT Margin	25.52%	41.10%	4.29%	63.27%	49.63%	-
Effective Tax Rate	67.48%	54.96%	136.46%	95.89%	-	-
Revenue as Reported	76.79	73.73	44.67	24.97	6.51	5.32

Source: S&P Global Market Intelligence. Standard template. Financial Sources.