TAG Oil Ltd. (TSXV:TAO)

TAG Oil Income Statement

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

Fiscal Year	FY 2025	FY 2024
Period Ending	Dec 31, 2025	Dec 31, 2024
Revenue	1.39	0.86
Revenue Growth (YoY)	60.65%	-
Cost of Revenue	2.32	1.56
Gross Profit	-0.93	-0.69
Selling, General & Admin	5.22	6.96
Depreciation & Amortization Expenses	-0.37	-0.32
Exploration Expenses	0.01	0.03
Other Operating Expenses	-0.09	-0.17
Total Operating Expenses	4.77	6.5
Operating Income	-5.7	-7.2
Interest Expense	0.13	0.51
Other Non-Operating Income (Expense)	1.69	1.68
Total Non-Operating Income (Expense)	1.82	2.19
Pretax Income	-4.8	-6.33
Net Income	-4.8	-6.33
Net Income to Common	-4.8	-6.33
Shares Outstanding (Basic)	226	188
Shares Outstanding (Diluted)	226	188
Shares Change (YoY)	20.38%	-
EPS (Basic)	-0.02	-0.03
EPS (Diluted)	-0.02	-0.03
Shares Outstanding	226.43	225.21
Free Cash Flow	-9.38	-23.88
Free Cash Flow Per Share	-0.04	-0.13
Gross Margin	-66.79%	-80.09%
Operating Margin	-410.74%	-832.75%
Profit Margin	-345.68%	-732.75%
FCF Margin	-675.50%	-2763.43%
EBITDA	-5.34	-6.88
EBITDA Margin	-384.37%	-796.30%
EBIT	-5.7	-7.2
EBIT Margin	-410.74%	-832.75%

Updated Apr 29, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.