TAG Oil Ltd. (TSXV:TAO)

TAG Oil Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	1.5	0.86	0.59	-	-	-
Revenue Growth (YoY)	257.86%	47.44%	-	-	-	-
Cost of Revenue	2.46	1.56	1.34	-	-	0.1
Gross Profit	-0.96	-0.69	-0.75	-	-	-0.1
Selling, General & Admin	5.85	6.96	5.86	5.32	2.94	3.25
Operating Expenses	6.61	8.08	8.15	6.68	4.22	3.87
Operating Income	-7.57	-8.77	-8.9	-6.68	-4.22	-3.96
Interest & Investment Income	0.17	0.87	1.09	0.57	0.11	0.23
Currency Exchange Gain (Loss)	0	0.25	-0.18	0.88	-0.25	-1.37
Other Non Operating Income (Expenses)	2.97	1.32	0.95	2.23	1.28	-2.96
EBT Excluding Unusual Items	-4.42	-6.33	-7.04	-3	-3.08	-8.07
Gain (Loss) on Sale of Assets	-0.02	-	-	-	-	-3.89
Other Unusual Items	0.03	-	-	-	0.01	-
Pretax Income	-4.41	-6.33	-7.04	-3	-3.08	-11.96
Earnings From Continuing Operations	-4.41	-6.33	-7.04	-3	-3.08	-11.96
Net Income to Company	-4.41	-6.33	-7.04	-3	-3.08	-11.96
Net Income	-4.41	-6.33	-7.04	-3	-3.08	-11.96
Net Income to Common	-4.41	-6.33	-7.04	-3	-3.08	-11.96
Shares Outstanding (Basic)	219	188	167	102	92	89
Shares Outstanding (Diluted)	219	188	167	102	92	89
Shares Change (YoY)	18.23%	12.82%	63.65%	10.90%	3.06%	4.37%
EPS (Basic)	-0.02	-0.03	-0.04	-0.03	-0.03	-0.13
EPS (Diluted)	-0.02	-0.03	-0.05	-0.03	-0.03	-0.13
Free Cash Flow	-11.47	-23.88	-20.3	-11.94	-4.11	-4.1
Free Cash Flow Per Share	-0.05	-0.13	-0.12	-0.12	-0.04	-0.05
Gross Margin	-63.61%	-80.09%	-128.33%	-	-	-
Operating Margin	-503.46%	-1015.39%	-1518.60%	-	-	-
Profit Margin	-293.61%	-732.75%	-1201.54%	-	-	-
Free Cash Flow Margin	-762.81%	-2763.43%	-3464.68%	-	-	-
EBITDA	-7.7	-8.73	-8.82	-6.66	-4.21	-3.78
D&A For EBITDA	-0.13	0.04	0.08	0.02	0.01	0.19
EBIT	-7.57	-8.77	-8.9	-6.68	-4.22	-3.96
Revenue as Reported	0.86	0.86	0.59	-	-	-

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