Arrow Exploration Income Statement

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

Millions USD. 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
Operating Revenue	70.45	73.73	44.67	24.97	6.51
Revenue	70.45	73.73	44.67	24.97	6.51
Revenue Growth (YoY)	-4.44%	65.04%	78.87%	283.47%	22.40%
Cost of Revenue	21.22	12.01	8.11	5.16	2.35
Gross Profit	49.24	61.72	36.56	19.81	4.17
Selling, General & Admin	11.94	12.88	9.94	6.72	4.88
Other Operating Expenses	0.27	0.18	0.13	0.2	0.13
Operating Expenses	43.62	31.42	34.65	4.01	0.93
Operating Income	5.61	30.3	1.92	15.8	3.23
Interest Expense	-0.03	-0.03	-0.14	-0.46	-0.8
Interest & Investment Income	0.01	-	-	-	-
Currency Exchange Gain (Loss)	0.97	-0.69	0.64	-0.59	0.08
Other Non Operating Income (Expenses)	-0.84	-0.33	0.62	-6.31	1.2
EBT Excluding Unusual Items	5.73	29.25	3.03	8.44	3.72
Other Unusual Items	-	-	-	-	0.66
Pretax Income	5.73	29.25	3.03	8.44	4.37
Income Tax Expense	4.29	16.07	4.14	8.09	-1.32
Net Income	1.44	13.18	-1.11	0.35	5.69
Net Income to Common	1.44	13.18	-1.11	0.35	5.69
Net Income Growth	-89.05%	-	-	-93.91%	-
Shares Outstanding (Basic)	286	286	243	215	95
Shares Outstanding (Diluted)	292	291	290	279	96
Shares Change (YoY)	0.18%	0.46%	3.80%	190.19%	40.14%
EPS (Basic)	0.01	0.05	-0.00	0.00	0.06
EPS (Diluted)	0.00	0.05	-0.00	0.00	0.06
EPS Growth	-89.27%	-	-	-97.93%	-
Free Cash Flow	-16.39	8.4	-10.61	4.37	-6.22
Free Cash Flow Per Share	-0.06	0.03	-0.04	0.02	-0.07
Gross Margin	69.88%	83.71%	81.86%	79.34%	63.98%
Operating Margin	7.97%	41.10%	4.29%	63.27%	49.63%
Profit Margin	2.05%	17.87%	-2.48%	1.39%	87.42%
Free Cash Flow Margin	-23.26%	11.40%	-23.75%	17.49%	-95.47%
EBITDA	34.07	47.27	25.97	20.86	4.85
EBITDA Margin	48.36%	64.11%	58.13%	83.53%	74.40%
D&A For EBITDA	28.46	16.96	24.05	5.06	1.61
EBIT	5.61	30.3	1.92	15.8	3.23
EBIT Margin	7.97%	41.10%	4.29%	63.27%	49.63%
Effective Tax Rate	74.83%	54.96%	136.46%	95.89%	-
Revenue as Reported	70.45	73.73	44.67	24.97	6.51

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