ShaMaran Petroleum 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
Revenue	134.96	109.39	82.89	176.67	102.32	56.67
Revenue Growth (YoY)	42.11%	31.98%	-53.08%	72.65%	80.55%	-19.37%
Cost of Revenue	36.11	25.54	26.51	24.36	26.49	26.78
Gross Profit	98.84	83.85	56.38	152.31	75.84	29.9
Selling, General & Admin	11.24	7.61	9.97	8.48	6.74	8.18
Other Operating Expenses	0.77	0.08	-0.08	-0.96	-0.69	-0
Operating Expenses	62.83	47.41	51.99	60.31	31.81	152.21
Operating Income	36.01	36.44	4.39	92	44.03	-122.31
Interest Expense	-24.86	-30.48	-37.71	-38.01	-30.3	-23.41
Interest & Investment Income	2.57	3.38	7.39	3.77	0.04	0.01
Currency Exchange Gain (Loss)	0	0.02	-0.25	-0.07	0.01	-0.17
Other Non Operating Income (Expenses)	-0.91	3.08	-	-	-0.02	-
EBT Excluding Unusual Items	12.81	12.44	-26.18	57.69	13.76	-145.89
Merger & Restructuring Charges	-0.22	-0.22	-0.32	-	-1.09	-
Asset Writedown	-	-	-	-	-	0
Other Unusual Items	-0.03	70.23	-0.04	57.43	0.79	1.51
Pretax Income	12.57	82.45	-26.54	115.11	13.46	-144.38
Income Tax Expense	0.17	0.23	0.17	0.16	0.08	0.05
Earnings From Continuing Operations	12.4	82.22	-26.71	114.96	13.38	-144.43
Net Income	12.4	82.22	-26.71	114.96	13.38	-144.43
Net Income to Common	12.4	82.22	-26.71	114.96	13.38	-144.43
Net Income Growth	-83.05%	-	-	758.99%	-	-
Shares Outstanding (Basic)	2,875	2,833	2,821	2,582	2,199	2,164
Shares Outstanding (Diluted)	2,875	2,989	2,943	2,698	2,296	2,164
Shares Change (YoY)	4.76%	1.55%	9.06%	17.54%	6.07%	-2.60%
EPS (Basic)	0.00	0.03	-0.01	0.04	0.01	-0.07
EPS (Diluted)	0.00	0.03	-0.01	0.04	0.01	-0.07
EPS Growth	-83.56%	-	-	557.34%	-	-
Free Cash Flow	101.91	89.2	12.49	79.44	49.68	4.01
Free Cash Flow Per Share	0.04	0.03	0.00	0.03	0.02	0.00
Gross Margin	73.24%	76.65%	68.02%	86.21%	74.12%	52.75%
Operating Margin	26.68%	33.31%	5.29%	52.07%	43.03%	-215.81%
Profit Margin	9.19%	75.16%	-32.22%	65.07%	13.08%	-254.84%
Free Cash Flow Margin	75.51%	81.54%	15.06%	44.97%	48.55%	7.08%
EBITDA	82.06	77.26	30.4	137.62	69.48	-99.33
EBITDA Margin	60.81%	70.63%	36.68%	77.90%	67.90%	-175.27%
D&A For EBITDA	46.05	40.82	26.01	45.62	25.45	22.98
EBIT	36.01	36.44	4.39	92	44.03	-122.31
EBIT Margin	26.68%	33.31%	5.29%	52.07%	43.03%	-215.81%
Effective Tax Rate	1.31%	0.28%	-	0.14%	0.59%	-

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