Empire Petroleum Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	30.3	34.2	43.65	40.08	52.89	27.09
Revenue Growth (YoY)	-29.96%	-21.64%	8.92%	-24.22%	95.21%	250.58%
Cost of Revenue	-27.32	-28.08	-31.32	-31.67	-27.53	-15.39
Gross Profit	57.62	62.28	74.97	71.75	80.41	42.48
Selling, General & Admin	-25.51	-26.84	-29.48	-30.36	-12.33	-8.46
Depreciation & Amortization Expenses	-11.93	-12.73	-11.26	-4.85	-3.31	-3.72
Other Operating Expenses	-	-51.29	-	-	-0.94	-
Total Operating Expenses	-37.44	-90.86	-40.74	-35.21	-16.58	-12.18
Operating Income	95.06	153.14	115.7	106.96	96.99	54.66
Interest Expense	-1.73	-1.55	-1.52	-1	-0.51	-8.6
Other Non-Operating Income (Expense)	-2.42	0.79	-1.41	-0.04	-1.37	-10.13
Total Non-Operating Income (Expense)	-4.15	-0.76	-2.92	-1.04	-1.88	-18.73
Pretax Income	90.92	152.38	112.78	105.91	95.11	35.93
Provision for Income Taxes	-	-	-	0.13	-0.21	-
Net Income	-74.5	-72.07	-16.2	-12.47	95.32	35.93
Net Income to Common	-74.5	-72.07	-16.2	-12.47	95.32	35.93
Net Income Growth	-	-	-	-	165.30%	-
Shares Outstanding (Basic)	35	34	30	23	21	15
Shares Outstanding (Diluted)	35	34	30	23	23	15
Shares Change (YoY)	7.86%	13.28%	32.33%	-2.86%	59.86%	157.71%
EPS (Basic)	-2.15	-2.12	-0.54	-0.55	0.34	-1.27
EPS (Diluted)	-2.15	-2.12	-0.54	-0.55	0.30	-1.27
Free Cash Flow	-9.82	-8.75	-47.21	-26.88	4.88	-16.6
Free Cash Flow Per Share	-0.28	-0.26	-1.57	-1.18	0.21	-1.13
Gross Margin	190.14%	182.09%	171.74%	179.02%	152.05%	156.79%
Operating Margin	313.70%	447.74%	265.07%	266.88%	183.39%	201.75%
Profit Margin	-245.83%	-210.72%	-37.11%	-31.11%	180.23%	132.62%
FCF Margin	-32.41%	-25.59%	-108.17%	-67.08%	9.23%	-61.26%
EBITDA	105.32	164.2	125.5	110.48	99.2	57.3
EBITDA Margin	347.54%	480.08%	287.51%	275.67%	187.57%	211.49%
EBIT	95.06	153.14	115.7	106.96	96.99	54.66
EBIT Margin	313.70%	447.74%	265.07%	266.88%	183.39%	201.75%
Effective Tax Rate	-	0.00%	0.00%	0.12%	-0.22%	0.00%

SEC Filings: 10-K · 10-Q