HighPeak Energy Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Revenue	1,136	1,111	755.69	220.12	24.62	8.12
Revenue Growth (YoY)	6.34%	47.06%	243.30%	793.98%	203.43%	-
Cost of Revenue	196.64	203.83	108.04	35.8	8.98	3.82
Gross Profit	939.13	907.46	647.65	184.33	15.65	4.29
Selling, General & Admin	34.23	42.56	45.82	15.56	23.39	8.68
Other Operating Expenses	4.51	2.28	0.37	0.33	0.14	0.07
Operating Expenses	568.61	474.5	225.08	82.65	44.83	15.87
Operating Income	370.52	432.96	422.56	101.68	-29.18	-11.58
Interest Expense	-173.83	-147.9	-50.61	-2.48	-0.01	-
Interest & Investment Income	8.95	2.91	0.27	0	0.01	-
Other Non Operating Income (Expenses)	35.09	27.6	-60.01	-26.73	-	-
EBT Excluding Unusual Items	240.73	315.57	312.22	72.46	-29.18	-11.58
Other Unusual Items	-	-33.8	-	-	-76.5	-
Pretax Income	240.73	281.77	312.22	72.46	-105.69	-11.58
Income Tax Expense	59.64	65.91	75.36	16.9	-4.22	-
Net Income	181.09	215.87	236.85	55.56	-101.46	-11.58
Preferred Dividends & Other Adjustments	17.76	21.89	22.99	4.67	-85.03	-
Net Income to Common	163.34	193.98	213.86	50.89	-16.43	-11.58
Net Income Growth	-4.06%	-8.86%	326.31%	-	-	-
Shares Outstanding (Basic)	126	118	105	93	92	-
Shares Outstanding (Diluted)	130	123	111	95	92	-
Shares Change (YoY)	8.44%	10.67%	17.30%	3.43%	-	-
EPS (Basic)	1.30	1.64	2.04	0.55	-0.18	-
EPS (Diluted)	1.26	1.58	1.93	0.54	-0.18	-
EPS Growth	-11.46%	-18.05%	258.58%	-	-	-
Free Cash Flow	148.02	-268.74	-807.33	-143.98	-117.71	-72.7
Free Cash Flow Per Share	1.14	-2.18	-7.26	-1.52	-1.28	-
Dividend Per Share	0.160	0.115	0.100	0.075	-	-
Dividend Growth	60.00%	15.00%	33.33%	-	-	-
Gross Margin	82.69%	81.66%	85.70%	83.74%	63.55%	52.91%
Operating Margin	32.62%	38.96%	55.92%	46.19%	-118.51%	-142.69%
Profit Margin	14.38%	17.45%	28.30%	23.12%	-66.72%	-142.69%
Free Cash Flow Margin	13.03%	-24.18%	-106.83%	-65.41%	-478.07%	-895.81%
EBITDA	899.73	861.28	600.68	167.05	-12.78	-7.24
EBITDA Margin	79.22%	77.50%	79.49%	75.89%	-51.90%	-89.19%
D&A For EBITDA	529.21	428.32	178.11	65.37	16.4	4.34
EBIT	370.52	432.96	422.56	101.68	-29.18	-11.58
EBIT Margin	32.62%	38.96%	55.92%	46.19%	-118.51%	-142.69%
Effective Tax Rate	24.77%	23.39%	24.14%	23.33%	-	-
Revenue as Reported	1,136	1,111	755.69	220.12	24.62	8.12

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