Veren 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	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	88.85	7.94	-	-	0.37	0.41
Revenue Growth (YoY)	-	-	-	-	-10.31%	-96.10%
Cost of Revenue	25.82	2.72	-	-	0.28	0.21
Gross Profit	63.03	5.22	-	-	0.09	0.21
Selling, General & Admin	36.44	30.57	16.27	0.79	5.79	2.05
Other Operating Expenses	4.47	4.4	-	-	-	-
Operating Expenses	56.64	36.13	16.53	0.79	18.24	2.48
Operating Income	6.39	-30.91	-16.53	-0.79	-18.15	-2.27
Interest Expense	-14.68	-4.18	-0.12	-	-1.18	-0.64
Interest & Investment Income	0.64	0.58	0.25	-	-	-
Other Non Operating Income (Expenses)	27.25	-	-	-	-0.06	0.01
EBT Excluding Unusual Items	19.6	-34.51	-16.41	-0.79	-19.39	-2.9
Other Unusual Items	-9.9	-5.36	-45.61	-	0.18	-
Pretax Income	9.71	-39.87	-62.02	-0.79	-19.2	-2.9
Earnings From Continuing Operations	9.71	-39.87	-62.02	-0.79	-19.2	-2.9
Earnings From Discontinued Operations	-0	-1.05	-17.06	-	1.93	0.96
Net Income to Company	9.7	-40.91	-79.08	-0.79	-17.27	-1.94
Net Income	9.7	-40.91	-79.08	-0.79	-17.27	-1.94
Preferred Dividends & Other Adjustments	-	-	-	-	0.37	0.09
Net Income to Common	9.7	-40.91	-79.08	-0.79	-17.64	-2.03
Shares Outstanding (Basic)	28	15	5	-	0	0
Shares Outstanding (Diluted)	28	15	5	-	0	0
Shares Change (YoY)	197.65%	222.73%	-	-	35.60%	-
EPS (Basic)	0.35	-2.65	-16.51	-	-106.01	-16.51
EPS (Diluted)	-2.47	-2.65	-16.51	-	-106.01	-16.51
Free Cash Flow	-593.35	-94.09	-33.47	-0	-16.9	-1.1
Free Cash Flow Per Share	-21.43	-6.09	-6.99	-	-101.53	-8.93
Gross Margin	70.94%	65.74%	-	-	23.80%	50.00%
Operating Margin	7.20%	-389.32%	-	-	-4908.20%	-551.68%
Profit Margin	10.92%	-515.33%	-	-	-4770.91%	-491.41%
Free Cash Flow Margin	-667.79%	-1185.21%	-	-	-4569.57%	-265.68%
EBITDA	20.64	-30.48	-15.55	-	-18.04	-2.25
EBITDA Margin	23.23%	-	-	-	-	-
D&A For EBITDA	14.25	0.43	0.98	-	0.11	0.02
EBIT	6.39	-30.91	-16.53	-0.79	-18.15	-2.27
EBIT Margin	7.20%	-	-	-	-	-
Revenue as Reported	88.85	7.94	-	-	-	0.41

Updated Aug 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q