Sable Offshore Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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
Cost of Revenue	95.2	60.69	-	-	-
Gross Profit	-95.2	-60.69	-	-	-
Selling, General & Admin	143.35	12.76	6.15	1.68	0.01
Other Operating Expenses	-4.07	-0.8	-	-	-
Operating Expenses	151.65	32.98	6.15	1.68	0.01
Operating Income	-246.85	-93.67	-6.15	-1.68	-0.01
Interest Expense	-67.31	-	-	-	-
Interest & Investment Income	-	-	3.99	0.02	-
Other Non Operating Income (Expenses)	-227.45	-	0.33	5.94	-
EBT Excluding Unusual Items	-541.62	-93.67	-1.83	4.27	-0.01
Merger & Restructuring Charges	-17.5	-	-	-	-
Legal Settlements	-70	-	-	-	-
Pretax Income	-629.12	-93.67	-1.83	4.27	-0.01
Income Tax Expense	-0.05	-	0.76	-	-
Net Income	-629.07	-93.67	-2.59	4.27	-0.01
Preferred Dividends & Other Adjustments	-11.79	-	-	-	-
Net Income to Common	-617.28	-93.67	-2.59	4.27	-0.01
Shares Outstanding (Basic)	67	18	36	32	3
Shares Outstanding (Diluted)	67	18	36	32	3
Shares Change (YoY)	271.12%	-49.75%	13.71%	1023.74%	-
EPS (Basic)	-9.21	-5.19	-0.07	0.14	-
EPS (Diluted)	-9.21	-5.19	-0.07	0.14	-
Free Cash Flow	-257.74	-70.1	-1.71	-2.01	-0
Free Cash Flow Per Share	-3.85	-3.88	-0.05	-0.06	-0.00
EBITDA	-234.49	-72.66	-	-	-
D&A For EBITDA	12.36	21.02	-	-	-
EBIT	-246.85	-93.67	-6.15	-1.68	-0.01

Updated Mar 17, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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