Greenfire Resources Ltd. (GFR)

Greenfire Resources Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	744.85	652.26	948.79	261.13	-
Revenue Growth (YoY)	11.20%	-31.25%	263.34%	-	-
Cost of Revenue	520.24	509.38	596.68	178.39	-
Gross Profit	224.61	142.89	352.1	82.74	-
Selling, General & Admin	16.83	11.54	9.84	3.29	0.36
Other Operating Expenses	4.89	-16.41	121.48	39.29	-
Operating Expenses	98.31	76.85	202.35	70	0.36
Operating Income	126.3	66.04	149.75	12.74	-0.36
Interest Expense	-62.93	-109.31	-76.33	-24.11	-
Currency Exchange Gain (Loss)	0.58	8.72	-26.1	-1.51	-
Other Non Operating Income (Expenses)	3.97	-69.57	-0.54	-9.31	-
EBT Excluding Unusual Items	67.92	-104.11	46.79	-22.19	-0.36
Merger & Restructuring Charges	-3.85	-12.17	-2.77	-10.32	-
Other Unusual Items	-	-	-	693.95	-
Pretax Income	64.07	-116.29	44.02	661.44	-0.36
Income Tax Expense	25.88	19.39	-87.68	-	-
Net Income	38.19	-135.67	131.7	661.44	-0.36
Net Income to Common	38.19	-135.67	131.7	661.44	-0.36
Net Income Growth	-	-	-80.09%	-	-
Shares Outstanding (Basic)	69	54	49	43	8
Shares Outstanding (Diluted)	71	54	70	48	8
Shares Change (YoY)	43.31%	-22.17%	45.39%	541.31%	-
EPS (Basic)	0.55	-2.49	2.69	15.52	-0.05
EPS (Diluted)	0.54	-2.49	1.88	13.75	-0.06
EPS Growth	-	-	-86.33%	-	-
Free Cash Flow	15.55	53.12	125.14	27.39	-
Free Cash Flow Per Share	0.22	0.98	1.79	0.57	-
Gross Margin	30.16%	21.91%	37.11%	31.69%	-
Operating Margin	16.96%	10.12%	15.78%	4.88%	-
Profit Margin	5.13%	-20.80%	13.88%	253.30%	-
Free Cash Flow Margin	2.09%	8.14%	13.19%	10.49%	-
EBITDA	196.71	134.66	218.3	41.04	-
EBITDA Margin	26.41%	20.64%	23.01%	15.72%	-
D&A For EBITDA	70.41	68.62	68.55	28.29	-
EBIT	126.3	66.04	149.75	12.74	-0.36
EBIT Margin	16.96%	10.12%	15.78%	4.88%	-
Revenue as Reported	741.09	668.67	827.31	221.84	-

Source: S&P Capital IQ. Standard template. Financial Sources.