BKV Corporation (BKV)

BKV Corporation Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	655.44	580.8	731.03	1,657	889.28	122.5
Other Revenue	34.13	34.34	10.46	2.8	0.25	0.03
Revenue	689.57	615.13	741.49	1,660	889.53	122.53
Revenue Growth (YoY)	2.01%	-17.04%	-55.34%	86.64%	625.95%	-
Cost of Revenue	356.7	359.38	399.64	340.26	260.42	31.26
Gross Profit	332.88	255.75	341.85	1,320	629.11	91.27
Selling, General & Admin	109.09	104.47	114.69	130.26	85.74	29.44
Other Operating Expenses	232.6	88.55	-153.83	747.94	430.77	-15.6
Operating Expenses	547.02	410.55	184.23	997.1	608.79	101.18
Operating Income	-214.14	-154.8	157.62	322.86	20.32	-9.91
Interest Expense	-37.76	-50.76	-77.02	-37.17	-2.13	-1.71
Interest & Investment Income	2.38	3.86	3.14	1.14	0.01	0.12
Earnings From Equity Investments	8.55	10.42	16.87	8.49	0.91	-
Other Non Operating Income (Expenses)	9.01	9.01	-0.54	1.41	0.87	-
EBT Excluding Unusual Items	-231.97	-182.27	100.07	296.74	19.98	-11.5
Merger & Restructuring Charges	-	-	3.4	-18.3	-	-
Gain (Loss) on Sale of Assets	-	-	3.3	-	-	-
Legal Settlements	-	-	-	16.87	-	-
Other Unusual Items	-10.8	-4.2	38.38	177.49	-194.97	7.14
Pretax Income	-242.77	-186.48	145.14	472.79	-174.99	-4.36
Income Tax Expense	-59.82	-43.61	28.23	62.65	-40.53	38.98
Net Income	-182.95	-142.87	116.92	410.14	-134.46	-43.35
Preferred Dividends & Other Adjustments	-	-	-	-	36.25	0.46
Net Income to Common	-182.95	-142.87	116.92	410.14	-170.71	-43.81
Net Income Growth	-	-	-71.49%	-	-	-
Shares Outstanding (Basic)	76	71	61	59	58	53
Shares Outstanding (Diluted)	76	71	64	62	58	53
Shares Change (YoY)	21.22%	10.73%	3.85%	5.97%	11.13%	-
EPS (Basic)	-2.41	-2.00	1.93	6.99	-2.92	-0.83
EPS (Diluted)	-2.41	-2.00	1.82	6.62	-2.92	-0.84
EPS Growth	-	-	-72.51%	-	-	-
Free Cash Flow	-16.52	17.62	-69.53	101.1	289.42	-521.71
Free Cash Flow Per Share	-0.22	0.25	-1.08	1.63	4.95	-9.91
Gross Margin	48.27%	41.58%	46.10%	79.51%	70.72%	74.49%
Operating Margin	-31.05%	-25.16%	21.26%	19.45%	2.28%	-8.09%
Profit Margin	-26.53%	-23.23%	15.77%	24.70%	-19.19%	-35.75%
Free Cash Flow Margin	-2.40%	2.86%	-9.38%	6.09%	32.54%	-425.77%
EBITDA	-8.45	63.09	382.05	452.9	119.16	80.28
EBITDA Margin	-1.23%	10.26%	51.52%	27.28%	13.40%	65.52%
D&A For EBITDA	205.7	217.89	224.43	130.04	98.83	90.19
EBIT	-214.14	-154.8	157.62	322.86	20.32	-9.91
EBIT Margin	-31.05%	-25.16%	21.26%	19.45%	2.28%	-8.09%
Effective Tax Rate	-	-	19.45%	13.25%	-	-
Revenue as Reported	507.89	580.98	980.23	1,031	505.68	143.29

Updated May 9, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q