Hemisphere Energy Corporation (TSXV:HME)

Hemisphere Energy Income Statement

Financials in millions CAD. 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
Revenue	82.14	79.71	67.7	72.22	35.31	16.96
Revenue Growth (YoY)	6.65%	17.74%	-6.26%	104.57%	108.21%	-38.64%
Cost of Revenue	20.77	19.6	15.86	13.95	8.26	6.21
Gross Profit	61.37	60.11	51.84	58.27	27.05	10.75
Selling, General & Admin	5.34	4.92	4.62	4.07	3.32	1.95
Other Operating Expenses	1.71	0.8	-0.7	5.5	5.11	-4.91
Operating Expenses	18.98	16.15	18.72	21.05	12.09	7.93
Operating Income	42.39	43.95	33.12	37.22	14.96	2.82
Interest Expense	-0.78	-0.75	-0.73	-0.93	-2.14	-3.67
Interest & Investment Income	0.5	0.31	0.12	-	-	-
Currency Exchange Gain (Loss)	-0.03	-0.06	-0.04	-0.1	-0.03	0.18
Other Non Operating Income (Expenses)	-	-	-	-6.53	-6.87	0.23
EBT Excluding Unusual Items	42.08	43.45	32.47	29.66	5.92	-0.44
Gain (Loss) on Sale of Assets	0.08	0.08	-	-	-	0.03
Pretax Income	42.16	43.53	32.47	29.66	5.92	-0.42
Income Tax Expense	10.22	10.42	8.27	8.34	-	-
Net Income	31.93	33.1	24.2	21.32	5.92	-0.42
Net Income to Common	31.93	33.1	24.2	21.32	5.92	-0.42
Net Income Growth	7.84%	36.82%	13.50%	260.21%	-	-
Shares Outstanding (Basic)	97	98	101	99	89	88
Shares Outstanding (Diluted)	99	100	102	101	92	88
Shares Change (YoY)	-0.77%	-1.85%	0.69%	9.53%	4.80%	-2.44%
EPS (Basic)	0.33	0.34	0.24	0.21	0.07	-0.00
EPS (Diluted)	0.32	0.33	0.24	0.21	0.06	-0.00
EPS Growth	7.40%	37.66%	14.15%	250.00%	-	-
Free Cash Flow	40.48	24.7	27.37	26.83	6.38	7.7
Free Cash Flow Per Share	0.41	0.25	0.27	0.27	0.07	0.09
Dividend Per Share	0.100	0.100	0.100	0.075	-	-
Dividend Growth	-	-	33.33%	-	-	-
Gross Margin	74.72%	75.41%	76.58%	80.68%	76.62%	63.37%
Operating Margin	51.61%	55.14%	48.92%	51.53%	42.37%	16.61%
Profit Margin	38.88%	41.53%	35.74%	29.52%	16.76%	-2.45%
Free Cash Flow Margin	49.28%	30.98%	40.43%	37.14%	18.07%	45.43%
EBITDA	52.46	53.61	46.47	45.57	17.56	13.6
EBITDA Margin	63.87%	67.26%	68.63%	63.09%	49.74%	80.22%
D&A For EBITDA	10.07	9.66	13.35	8.35	2.6	10.79
EBIT	42.39	43.95	33.12	37.22	14.96	2.82
EBIT Margin	51.61%	55.14%	48.92%	51.53%	42.37%	16.61%
Effective Tax Rate	24.25%	23.95%	25.48%	28.13%	-	-
Revenue as Reported	80.62	79.11	68.6	66.88	30.3	21.99

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