Icon Energy Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	5.47	5.31	4.48	7.24	6.5
Revenue Growth (YoY)	16.93%	18.61%	-38.19%	11.35%	-
Cost of Revenue	3.72	3.22	2.4	2.42	2.17
Gross Profit	1.76	2.09	2.08	4.83	4.33
Selling, General & Admin	1.27	0.79	0.29	0.29	0.29
Other Operating Expenses	-	-	-	-0.36	-0.15
Operating Expenses	2.81	1.92	0.97	0.61	0.72
Operating Income	-1.05	0.17	1.11	4.22	3.61
Interest Expense	-2.11	-0.45	-0	-0	-0
Interest & Investment Income	0.08	0.07	0.06	0.01	0
Other Non Operating Income (Expenses)	-0.55	-	-0	0.01	0.01
Pretax Income	-3.62	-0.21	1.16	4.24	3.62
Net Income	-3.62	-0.21	1.16	4.24	3.62
Preferred Dividends & Other Adjustments	1.61	0.98	-	-	-
Net Income to Common	-5.23	-1.19	1.16	4.24	3.62
Net Income Growth	-	-	-72.77%	17.23%	-
Shares Outstanding (Basic)	0	0	-	-	-
Shares Outstanding (Diluted)	0	0	-	-	-
EPS (Basic)	-24.99	-60.83	-	-	-
EPS (Diluted)	-24.99	-60.83	-	-	-
Free Cash Flow	-18.43	-17.16	2.48	3.76	3.92
Free Cash Flow Per Share	-88.03	-879.38	-	-	-
Dividend Per Share	9.400	9.400	-	-	-
Gross Margin	32.12%	39.27%	46.40%	66.63%	66.58%
Operating Margin	-19.16%	3.20%	24.69%	58.25%	55.53%
Profit Margin	-95.54%	-22.36%	25.80%	58.58%	55.65%
Free Cash Flow Margin	-336.61%	-323.24%	55.47%	51.98%	60.22%
EBITDA	0.48	1.3	1.79	4.9	4.18
EBITDA Margin	8.84%	24.49%	39.88%	67.64%	64.33%
D&A For EBITDA	1.53	1.13	0.68	0.68	0.57
EBIT	-1.05	0.17	1.11	4.22	3.61
EBIT Margin	-19.16%	3.20%	24.69%	58.25%	55.53%

Updated Apr 23, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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