VAALCO Energy Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013 - 1995
Revenue	455.07	354.33	199.08	67.18	84.52	104.94	77.03	59.78	80.45	127.77	Upgrade
Revenue Growth (YoY)	28.43%	77.99%	196.35%	-20.52%	-19.46%	36.25%	28.84%	-25.68%	-37.04%	-24.56%	Upgrade
Cost of Revenue	153.16	112.66	81.26	37.32	37.69	40.42	39.7	37.59	40.1	31.72	Upgrade
Gross Profit	301.91	241.67	117.82	29.86	46.83	64.53	37.33	22.2	40.35	96.05	Upgrade
Selling, General & Admin	23.84	10.08	14.77	10.7	14.86	11.4	10.38	9.23	14.67	12.11	Upgrade
Research & Development	1.97	0.26	1.58	3.59	0	0.01	0.01	0.01	10.41	13.65	Upgrade
Other Operating Expenses	117.45	60.05	22.38	42.84	10.78	1.83	6.99	17.36	118.38	120.82	Upgrade
Operating Expenses	143.25	70.39	38.72	57.12	25.64	13.24	17.38	26.59	143.46	146.58	Upgrade
Operating Income	158.66	171.28	79.1	-27.26	21.19	51.29	19.95	-4.39	-103.11	-50.53	Upgrade
Interest Expense / Income	6.45	2.03	-0.01	-0.16	0	0.15	1.41	2.61	1.33	0	Upgrade
Other Expense / Income	2.07	45.93	19.43	-6.61	-5.26	-3.84	-1.49	10.3	39.64	4.53	Upgrade
Pretax Income	150.13	123.31	59.68	-20.5	26.45	54.98	20.03	-17.3	-144.07	-55.06	Upgrade
Income Tax	89.78	71.42	-22.16	27.68	23.89	-43.25	10.38	9.25	14.59	22.49	Upgrade
Net Income	60.35	51.89	81.84	-48.18	2.56	98.23	9.65	-26.55	-158.66	-77.55	Upgrade
Net Income Growth	16.31%	-36.59%	-	-	-97.39%	917.84%	-	-	-	-	Upgrade
Shares Outstanding (Basic)	106	70	58	58	59	59	59	58	58	57	Upgrade
Shares Outstanding (Diluted)	107	70	59	58	59	60	59	58	58	57	Upgrade
Shares Change	52.26%	19.11%	2.02%	-2.62%	-1.42%	2.17%	0.58%	0.16%	1.85%	-1.20%	Upgrade
EPS (Basic)	0.56	0.74	1.38	-0.83	0.04	1.64	0.16	-0.45	-2.72	-1.36	Upgrade
EPS (Diluted)	0.56	0.73	1.37	-0.83	0.04	1.62	0.16	-0.45	-2.72	-1.36	Upgrade
EPS Growth	-23.29%	-46.72%	-	-	-97.53%	912.50%	-	-	-	-	Upgrade
Free Cash Flow	126.37	-31.05	11.05	3.12	16.12	23.05	7.39	-7.95	-28.79	-66.1	Upgrade
Free Cash Flow Per Share	1.19	-0.45	0.19	0.05	0.27	0.39	0.13	-0.14	-0.49	-1.16	Upgrade
Dividend Per Share	0.250	0.130	-	-	-	-	-	-	-	-	Upgrade
Dividend Growth	92.31%	-	-	-	-	-	-	-	-	-	Upgrade
Gross Margin	66.34%	68.20%	59.18%	44.45%	55.41%	61.49%	48.46%	37.13%	50.16%	75.17%	Upgrade
Operating Margin	34.86%	48.34%	39.73%	-40.58%	25.07%	48.87%	25.90%	-7.34%	-128.17%	-39.55%	Upgrade
Profit Margin	13.26%	14.64%	41.11%	-71.72%	3.03%	93.61%	12.53%	-44.41%	-197.22%	-60.70%	Upgrade
Free Cash Flow Margin	27.77%	-8.76%	5.55%	4.65%	19.08%	21.96%	9.60%	-13.30%	-35.79%	-51.74%	Upgrade
Effective Tax Rate	59.80%	57.92%	-37.12%	-	90.31%	-78.68%	51.81%	-	-	-	Upgrade
EBITDA	271.89	173.49	80.73	-11.09	33.78	61.14	28.27	-6.34	-109.44	-34.66	Upgrade
EBITDA Margin	59.75%	48.96%	40.55%	-16.51%	39.96%	58.26%	36.70%	-10.60%	-136.05%	-27.13%	Upgrade
Depreciation & Amortization	115.3	48.14	21.06	9.56	7.32	6.01	6.83	8.35	33.3	20.4	Upgrade
EBIT	156.58	125.34	59.67	-20.66	26.45	55.12	21.44	-14.69	-142.74	-55.06	Upgrade
EBIT Margin	34.41%	35.38%	29.97%	-30.75%	31.30%	52.53%	27.84%	-24.57%	-177.44%	-43.10%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).