Logan Energy Corp. (TSXV:LGN)

Logan Energy Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	104.24	72.72	110.84
Revenue Growth (YoY)	43.35%	-34.39%	-
Cost of Revenue	37.92	31.07	32.46
Gross Profit	66.33	41.65	78.38
Selling, General & Admin	14.47	13.87	13.91
Other Operating Expenses	0.99	0.94	0.8
Operating Expenses	62.18	74.83	39.3
Operating Income	4.14	-33.18	39.08
Interest Expense	-0.97	-0.09	-0.02
Interest & Investment Income	1.07	2	-
Currency Exchange Gain (Loss)	0.03	-0.01	-
Other Non Operating Income (Expenses)	3.53	-	-
EBT Excluding Unusual Items	7.8	-31.28	39.06
Merger & Restructuring Charges	-0.4	-0.04	-
Gain (Loss) on Sale of Assets	-	-	0.34
Asset Writedown	-	0.88	-
Pretax Income	7.4	-30.44	39.4
Income Tax Expense	2.84	3.36	-
Net Income	4.56	-33.8	39.4
Net Income to Common	4.56	-33.8	39.4
Shares Outstanding (Basic)	485	308	173
Shares Outstanding (Diluted)	522	308	173
Shares Change (YoY)	69.49%	77.75%	-
EPS (Basic)	0.01	-0.11	0.23
EPS (Diluted)	0.01	-0.11	0.23
Free Cash Flow	-161.41	-61.85	59.47
Free Cash Flow Per Share	-0.31	-0.20	0.34
Gross Margin	63.63%	57.27%	70.71%
Operating Margin	3.97%	-45.63%	35.26%
Profit Margin	4.37%	-46.48%	35.55%
Free Cash Flow Margin	-154.84%	-85.05%	53.66%
EBITDA	45.77	13.03	61.45
EBITDA Margin	43.91%	17.91%	55.44%
D&A For EBITDA	41.63	46.21	22.37
EBIT	4.14	-33.18	39.08
EBIT Margin	3.97%	-45.63%	35.26%
Effective Tax Rate	38.43%	-	-
Revenue as Reported	104.24	72.72	110.84

Updated Mar 19, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.