TXO Partners Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	401.01	282.81	380.72	246.4	228.34
Revenue Growth (YoY)	41.80%	-25.72%	54.51%	7.91%	109.94%
Cost of Revenue	186.23	150.3	144.73	127.66	69.26
Gross Profit	214.78	132.52	235.99	118.74	159.09
Selling, General & Admin	21.46	14.53	7.89	1.65	12.18
Other Operating Expenses	84.43	72.07	84.06	101.05	62.71
Operating Expenses	245.36	139.38	359.77	144.42	114.9
Operating Income	-30.58	-6.86	-123.78	-25.68	44.19
Interest Expense	-16.96	-7.87	-4.42	-8.2	-5.87
Interest & Investment Income	0.62	1.08	0.46	0.14	0.02
Other Non Operating Income (Expenses)	25.31	37.15	23.76	26.07	4.99
EBT Excluding Unusual Items	-21.62	23.5	-103.99	-7.67	43.32
Other Unusual Items	-	-	-	-	9.15
Pretax Income	-21.62	23.5	-103.99	-7.67	52.48
Net Income	-21.62	23.5	-103.99	-7.67	52.48
Net Income to Common	-21.62	23.5	-103.99	-7.67	52.48
Shares Outstanding (Basic)	50	36	30	25	25
Shares Outstanding (Diluted)	50	36	30	25	25
Shares Change (YoY)	37.74%	19.38%	21.06%	-	-18.70%
EPS (Basic)	-0.43	0.66	-3.44	-0.31	2.10
EPS (Diluted)	-0.43	0.65	-3.44	-0.31	2.10
Free Cash Flow	-217.15	-179.11	30.93	49.39	-154.08
Free Cash Flow Per Share	-4.36	-4.96	1.02	1.98	-6.16
Dividend Per Share	1.710	2.410	2.080	-	-
Dividend Growth	-29.05%	15.87%	-	-	-
Gross Margin	53.56%	46.86%	61.98%	48.19%	69.67%
Operating Margin	-7.63%	-2.43%	-32.51%	-10.42%	19.35%
Profit Margin	-5.39%	8.31%	-27.31%	-3.11%	22.98%
Free Cash Flow Margin	-54.15%	-63.33%	8.12%	20.04%	-67.47%
EBITDA	124.07	57.17	152.54	21.74	88.75
EBITDA Margin	30.94%	20.21%	40.06%	8.82%	38.87%
D&A For EBITDA	154.65	64.03	276.32	47.42	44.56
EBIT	-30.58	-6.86	-123.78	-25.68	44.19
EBIT Margin	-7.63%	-2.43%	-32.51%	-10.42%	19.35%
Revenue as Reported	401.01	282.81	380.72	246.4	228.34

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q