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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	713.49	652.26	948.79	261.13	-
Revenue Growth (YoY)	-0.05%	-31.25%	263.34%	-	-
Cost of Revenue	502.54	509.38	596.68	178.39	-
Gross Profit	210.95	142.89	352.1	82.74	-
Selling, General & Admin	15.32	11.54	9.84	3.29	0.36
Other Operating Expenses	42.02	-16.41	121.48	39.29	-
Operating Expenses	137.26	76.85	202.35	70	0.36
Operating Income	73.68	66.04	149.75	12.74	-0.36
Interest Expense	-121.08	-109.31	-76.33	-24.11	-
Currency Exchange Gain (Loss)	-9.59	8.72	-26.1	-1.51	-
Other Non Operating Income (Expenses)	-74.6	-69.57	-0.54	-9.31	-
EBT Excluding Unusual Items	-131.58	-104.11	46.79	-22.19	-0.36
Merger & Restructuring Charges	-7.93	-12.17	-2.77	-10.32	-
Other Unusual Items	-	-	-	693.95	-
Pretax Income	-139.51	-116.29	44.02	661.44	-0.36
Income Tax Expense	19.9	19.39	-87.68	-	-
Net Income	-159.42	-135.67	131.7	661.44	-0.36
Net Income to Common	-159.42	-135.67	131.7	661.44	-0.36
Net Income Growth	-	-	-80.09%	-	-
Shares Outstanding (Basic)	64	54	49	43	8
Shares Outstanding (Diluted)	64	54	70	48	8
Shares Change (YoY)	-18.49%	-22.17%	45.39%	541.31%	-
EPS (Basic)	-2.47	-2.49	2.69	15.52	-0.05
EPS (Diluted)	-2.47	-2.49	1.88	13.75	-0.06
EPS Growth	-	-	-86.33%	-	-
Free Cash Flow	86.89	53.12	125.14	27.39	-
Free Cash Flow Per Share	1.35	0.98	1.79	0.57	-
Gross Margin	29.57%	21.91%	37.11%	31.69%	-
Operating Margin	10.33%	10.12%	15.78%	4.88%	-
Profit Margin	-22.34%	-20.80%	13.88%	253.30%	-
Free Cash Flow Margin	12.18%	8.14%	13.19%	10.49%	-
EBITDA	140.46	134.66	218.3	41.04	-
EBITDA Margin	19.69%	20.64%	23.01%	15.72%	-
D&A For EBITDA	66.78	68.62	68.55	28.29	-
EBIT	73.68	66.04	149.75	12.74	-0.36
EBIT Margin	10.33%	10.12%	15.78%	4.88%	-
Revenue as Reported	672.2	668.67	827.31	221.84	-

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