Hemisphere Energy Income Statement

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

Millions CAD. 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
Revenue	78.86	79.11	68.6	72.22	30.3	16.96
Revenue Growth (YoY)	-0.99%	15.32%	-5.02%	138.39%	78.67%	-38.64%
Cost of Revenue	20.61	19.6	15.86	13.95	8.26	6.21
Gross Profit	58.25	59.51	52.74	58.27	22.04	10.75
Selling, General & Admin	6.31	4.94	5.47	6.69	4.34	2.07
Depreciation & Amortization Expenses	11.3	10.25	9.02	7.88	4.49	4.49
Exploration Expenses	0.16	0.17	0.12	0.14	0.06	0.26
Other Operating Expenses	0.52	0.7	5.67	8.55	-1.91	6.02
Total Operating Expenses	18.29	16.05	20.28	23.27	6.98	12.84
Operating Income	39.96	43.45	32.47	35	15.06	-2.09
Interest Expense	-	-	-	-	-9.11	-3.57
Other Non-Operating Income (Expense)	-0.05	-0.08	-	-	-0.03	0.21
Total Non-Operating Income (Expense)	-0.05	-0.08	-	-	-9.14	-3.36
Pretax Income	40.09	43.53	32.47	29.66	5.92	-0.42
Provision for Income Taxes	9.82	10.42	8.27	8.34	-	-
Net Income	30.27	33.1	24.2	21.32	5.92	-0.42
Net Income to Common	30.27	33.1	24.2	21.32	5.92	-0.42
Net Income Growth	1.76%	36.82%	13.50%	260.21%	-	-
Shares Outstanding (Basic)	98	97	101	99	89	88
Shares Outstanding (Diluted)	101	100	101	101	92	88
Shares Change (YoY)	1.76%	-0.50%	-0.38%	9.53%	4.80%	-2.44%
EPS (Basic)	0.31	0.34	0.24	0.21	0.07	-
EPS (Diluted)	0.30	0.33	0.24	0.21	0.06	-
EPS Growth	-	37.50%	14.29%	250.00%	-	-
Free Cash Flow	45.68	35.16	30.12	27.97	7.44	8.59
Free Cash Flow Growth	29.92%	16.71%	7.71%	276.05%	-13.42%	3.89%
Free Cash Flow Per Share	-	-	-	0.28	0.08	0.10
Dividends Per Share	0.100	0.100	0.100	0.075	-	-
Dividend Growth	-	-	33.33%	-	-	-
Gross Margin	73.87%	75.22%	76.88%	80.68%	72.75%	63.37%
Operating Margin	50.68%	54.93%	47.33%	48.46%	49.70%	-12.34%
Profit Margin	38.38%	41.85%	35.27%	29.52%	19.53%	-2.45%
FCF Margin	57.92%	44.44%	43.91%	38.72%	24.55%	50.66%
EBITDA	51.27	53.7	41.48	42.89	19.55	2.4
EBITDA Margin	65.01%	67.88%	60.47%	59.38%	64.52%	14.14%
EBIT	39.96	43.45	32.47	35	15.06	-2.09
EBIT Margin	50.68%	54.93%	47.33%	48.46%	49.70%	-12.34%
Effective Tax Rate	24.50%	23.95%	25.48%	28.13%	0.00%	0.00%

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.