ShaMaran Petroleum 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
Revenue	154.87	109.39	82.89	176.67	102.32
Revenue Growth (YoY)	41.57%	31.98%	-53.08%	72.65%	80.55%
Cost of Revenue	39.74	25.54	26.51	24.36	26.49
Gross Profit	115.13	83.85	56.38	152.31	75.84
Selling, General & Admin	12.71	7.83	10.29	9.91	7.84
Depreciation & Amortization Expenses	50.17	40.74	26.09	46.58	26.17
Other Operating Expenses	3.29	-1.02	16	6.21	-0.41
Total Operating Expenses	66.17	47.55	52.38	62.7	33.59
Operating Income	48.96	36.31	4	89.6	42.25
Interest Income	2.37	3.39	7.39	4.91	0.84
Interest Expense	-24.39	-27.59	-37.93	-39.48	-29.63
Other Non-Operating Income (Expense)	-	70.34	-	60.08	-
Total Non-Operating Income (Expense)	-22.02	46.14	-30.54	25.51	-28.78
Pretax Income	26.93	82.45	-26.54	115.11	13.46
Provision for Income Taxes	0.11	0.23	0.17	0.16	0.08
Net Income	26.83	82.22	-26.71	114.96	13.38
Net Income to Common	26.83	82.22	-26.71	114.96	13.38
Net Income Growth	-67.37%	-	-	758.99%	-
Shares Outstanding (Basic)	2,866	2,833	2,821	2,582	2,199
Shares Outstanding (Diluted)	2,968	2,989	2,943	2,698	2,296
Shares Change (YoY)	-0.68%	1.55%	9.06%	17.54%	1.53%
EPS (Basic)	0.01	0.03	-0.01	0.05	0.01
EPS (Diluted)	0.01	0.03	-0.01	0.04	0.01
EPS Growth	-66.67%	-	-	300.00%	-
Shares Outstanding	2,866	2,833	2,824	2,809	2,215
Free Cash Flow	60.65	89.2	12.49	79.44	49.68
Free Cash Flow Growth	-32.01%	614.45%	-84.28%	59.90%	1138.67%
Free Cash Flow Per Share	0.02	0.03	0.00	0.03	0.02
Gross Margin	74.34%	76.65%	68.02%	86.21%	74.12%
Operating Margin	31.61%	33.19%	4.82%	50.72%	41.29%
Profit Margin	17.32%	75.16%	-32.22%	65.07%	13.08%
FCF Margin	39.16%	81.54%	15.06%	44.97%	48.56%
EBITDA	99.13	77.04	30.09	136.19	68.41
EBITDA Margin	64.01%	70.43%	36.30%	77.09%	66.86%
EBIT	48.96	36.31	4	89.6	42.25
EBIT Margin	31.61%	33.19%	4.82%	50.72%	41.29%
Effective Tax Rate	0.40%	0.28%	-0.62%	0.13%	0.59%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.