Baytex Energy Corp. (BTE)

Baytex Energy Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	2,713	2,326	1,529	811.74	1,486
Revenue Growth (YoY)	16.63%	52.13%	88.37%	-45.36%	33.23%
Cost of Revenue	884.95	660.68	460.95	408.16	510.45
Gross Profit	1,828	1,665	1,068	403.58	975.23
Selling, General & Admin	69.79	50.27	40.8	34.27	45.47
Research & Development	8.9	30.24	15.21	14.01	11.76
Other Operating Expenses	1,968	351.61	-1,078.93	2,821	925.64
Operating Expenses	2,047	432.12	-1,022.92	2,869	982.87
Operating Income	-218.66	1,233	2,091	-2,465.23	-7.65
Interest Expense / Income	192.17	104.82	111.16	125.44	125.87
Other Expense / Income	105.75	237.55	285	8.69	-54.59
Pretax Income	-516.58	890.92	1,695	-2,599.36	-78.92
Income Tax	-283.23	35.31	81.24	-160.39	-66.46
Net Income	-233.36	855.61	1,614	-2,438.96	-12.46
Net Income Growth	-	-46.98%	-	-	-
Shares Outstanding (Basic)	705	558	564	561	557
Shares Outstanding (Diluted)	705	564	572	561	557
Shares Change	25.02%	-1.36%	1.95%	0.65%	58.46%
EPS (Basic)	-0.33	1.53	2.86	-4.35	-0.02
EPS (Diluted)	-0.33	1.52	2.82	-4.35	-0.02
EPS Growth	-	-46.10%	-	-	-
Free Cash Flow	239.61	648.83	396.62	70.48	278.43
Free Cash Flow Per Share	0.34	1.16	0.70	0.13	0.50
Dividend Per Share	0.033	-	-	-	-
Gross Margin	67.38%	71.60%	69.85%	49.72%	65.64%
Operating Margin	-8.06%	53.02%	136.75%	-303.70%	-0.51%
Profit Margin	-8.60%	36.78%	105.53%	-300.46%	-0.84%
Free Cash Flow Margin	8.83%	27.89%	25.94%	8.68%	18.74%
Effective Tax Rate	-	3.96%	4.79%	-	-
EBITDA	723.5	1,583	2,271	-1,987.54	778.63
EBITDA Margin	26.67%	68.05%	148.50%	-244.85%	52.41%
Depreciation & Amortization	1,048	587.05	464.58	486.38	731.69
EBIT	-324.41	995.73	1,806	-2,473.92	46.94
EBIT Margin	-11.96%	42.81%	118.11%	-304.77%	3.16%

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).