Baytex Energy Corp. (BTE)

Income Statement (Annual)

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

Year	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012 - 2002
Revenue	2,326.08	1,529.04	811.74	1,485.68	1,115.12	857.98	601.98	880	1,529.9	1,115.41	Upgrade
Revenue Growth (YoY)	52.13%	88.37%	-45.36%	33.23%	29.97%	42.53%	-31.59%	-42.48%	37.16%	8.83%	Upgrade
Cost of Revenue	660.68	460.95	408.16	510.45	417.29	362.61	278.58	401.14	495.74	434.36	Upgrade
Gross Profit	1,665.4	1,068.09	403.58	975.23	697.82	495.36	323.4	478.86	1,034.16	681.05	Upgrade
Selling, General & Admin	50.27	40.8	34.27	45.47	45.83	47.39	50.87	59.41	59.96	45.46	Upgrade
Research & Development	30.24	15.21	14.01	11.76	21.73	8.25	5.98	8.78	17.74	10.29	Upgrade
Other Operating Expenses	346.71	-1,078.93	2,820.53	932.84	829.97	487.57	909.61	1,718.06	1,001.99	340.28	Upgrade
Operating Expenses	427.22	-1,022.92	2,868.81	990.07	897.52	543.22	966.45	1,786.24	1,079.69	396.03	Upgrade
Operating Income	1,238.18	2,091	-2,465.23	-14.84	-199.7	-47.85	-643.06	-1,307.38	-45.53	285.02	Upgrade
Interest Expense / Income	104.82	111.16	125.44	125.87	119.09	113.64	114.2	111.66	90.03	50.34	Upgrade
Other Expense / Income	242.45	285	8.69	-61.79	108.29	-92.24	0.53	67.98	-137.14	17.04	Upgrade
Pretax Income	890.92	1,694.84	-2,599.36	-78.92	-427.08	-69.25	-757.79	-1,487.03	1.58	217.65	Upgrade
Income Tax	35.31	81.24	-160.39	-66.46	-101.77	-156.43	-272.6	-344.15	134.39	52.8	Upgrade
Net Income	855.61	1,613.6	-2,438.96	-12.46	-325.31	87.17	-485.18	-1,142.88	-132.81	164.85	Upgrade
Net Income Growth	-46.98%	-	-	-	-	-	-	-	-	-36.26%	Upgrade
Shares Outstanding (Basic)	558	564	561	557	352	235	212	198	149	124	Upgrade
Shares Outstanding (Diluted)	564	572	561	557	352	237	212	198	149	125	Upgrade
Shares Change	-1.36%	1.95%	0.65%	58.46%	48.17%	11.75%	7.11%	33.09%	18.77%	2.93%	Upgrade
EPS (Basic)	1.53	2.86	-4.35	-0.02	-0.93	0.37	-2.29	-5.77	-0.89	1.33	Upgrade
EPS (Diluted)	1.52	2.82	-4.35	-0.02	-0.93	0.37	-2.29	-5.77	-0.89	1.32	Upgrade
EPS Growth	-46.10%	-	-	-	-	-	-	-	-	-37.74%	Upgrade
Free Cash Flow Per Share	1.16	0.70	0.13	0.50	-0.04	-0.31	0.43	0.16	3.29	1.02	Upgrade
Dividend Per Share	-	-	-	-	-	-	-	0.638	2.390	2.547	Upgrade
Dividend Growth	-	-	-	-	-	-	-	-73.31%	-6.16%	-3.67%	Upgrade
Gross Margin	71.60%	69.85%	49.72%	65.64%	62.58%	57.74%	53.72%	54.42%	67.60%	61.06%	Upgrade
Operating Margin	53.23%	136.75%	-303.70%	-1.00%	-17.91%	-5.58%	-106.82%	-148.57%	-2.98%	25.55%	Upgrade
Profit Margin	36.78%	105.53%	-300.46%	-0.84%	-29.17%	10.16%	-80.60%	-129.87%	-8.68%	14.78%	Upgrade
Free Cash Flow Margin	27.89%	25.94%	8.68%	18.74%	-1.16%	-8.50%	15.09%	3.50%	32.07%	11.31%	Upgrade
Effective Tax Rate	3.96%	4.79%	-	-	-	-	-	-	8484.28%	24.26%	Upgrade
EBITDA	1,582.78	2,270.58	-1,987.54	778.63	250.69	526.31	-135.28	-713.51	628.19	596.94	Upgrade
EBITDA Margin	68.05%	148.50%	-244.85%	52.41%	22.48%	61.34%	-22.47%	-81.08%	41.06%	53.52%	Upgrade
Depreciation & Amortization	587.05	464.58	486.38	731.69	558.68	481.93	508.31	661.86	536.57	328.95	Upgrade
EBIT	995.73	1,806	-2,473.92	46.94	-307.99	44.38	-643.59	-1,375.37	91.62	267.98	Upgrade
EBIT Margin	42.81%	118.11%	-304.77%	3.16%	-27.62%	5.17%	-106.91%	-156.29%	5.99%	24.03%	Upgrade

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