HighPeak 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
Revenue	1,111	755.69	220.12	16.4	0	0
Revenue Growth (YoY)	47.06%	243.30%	1242.22%	-	-	-
Cost of Revenue	203.83	108.04	35.8	3.54	0	0
Gross Profit	907.46	647.65	184.33	12.86	0	0
Selling, General & Admin	16.6	12.47	8.89	2.78	3.02	0.17
Research & Development	5.23	1.15	1.55	5.03	0	0
Other Operating Expenses	459.17	211.46	72.21	25.7	0.2	0.14
Operating Expenses	481	225.08	82.65	33.51	3.22	0.32
Operating Income	426.46	422.56	101.68	-20.65	-3.22	-0.32
Interest Expense / Income	147.9	50.61	2.48	0.01	0	0
Other Expense / Income	-3.21	59.74	26.73	-0.01	-8.74	-5.78
Pretax Income	281.77	312.22	72.46	-20.65	5.52	5.46
Income Tax	65.91	75.36	16.9	-4.22	1.73	1.18
Net Income	215.87	236.85	55.56	-16.43	3.79	4.28
Net Income Growth	-8.86%	326.31%	-	-	-11.46%	-
Shares Outstanding (Basic)	118	105	93	92	51	52
Shares Outstanding (Diluted)	123	111	95	92	-	-
Shares Change	10.67%	17.30%	3.43%	79.90%	-1.58%	-
EPS (Basic)	1.64	2.04	0.55	-0.18	0.16	0.11
EPS (Diluted)	1.58	1.93	0.54	-0.18	0.16	0.11
EPS Growth	-18.13%	257.41%	-	-	45.45%	-
Free Cash Flow	-369.55	-678.39	-103.36	-66.53	-3.43	-1.11
Free Cash Flow Per Share	-3.13	-6.48	-1.11	-0.73	-0.07	-0.02
Dividend Per Share	0.100	0.100	0.125	-	-	-
Dividend Growth	0%	-20.00%	-	-	-	-
Gross Margin	81.66%	85.70%	83.74%	78.42%	-	-
Operating Margin	38.38%	55.92%	46.19%	-125.91%	-	-
Profit Margin	19.42%	31.34%	25.24%	-100.18%	-	-
Free Cash Flow Margin	-33.25%	-89.77%	-46.95%	-405.65%	-	-
Effective Tax Rate	23.39%	24.14%	23.33%	-	31.37%	21.67%
EBITDA	854.1	540.57	140.15	-10.77	5.52	5.46
EBITDA Margin	76.86%	71.53%	63.67%	-65.65%	-	-
Depreciation & Amortization	424.42	177.74	65.2	9.88	0	0
EBIT	429.67	362.83	74.95	-20.64	5.52	5.46
EBIT Margin	38.66%	48.01%	34.05%	-125.88%	-	-

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).