Greenfire Resources Income Statement

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

Millions CAD. 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	704.17	790.95	652.26	948.79	261.13	-
Revenue Growth (YoY)	-1.31%	21.26%	-31.25%	263.34%	-	-
Cost of Revenue	485.31	532.75	509.38	596.68	178.39	-
Gross Profit	218.87	258.2	142.89	352.1	82.74	-
Selling, General & Admin	28.57	22.76	11.54	9.84	3.29	0.36
Other Operating Expenses	-62.17	27.49	-16.41	121.48	39.29	-
Operating Expenses	60.45	139.43	76.85	202.35	70	0.36
Operating Income	158.41	118.76	66.04	149.75	12.74	-0.36
Interest Expense	-53.91	-61.46	-110.21	-76.33	-24.11	-
Interest & Investment Income	3.7	5.03	2.91	-	-	-
Currency Exchange Gain (Loss)	-0.11	-26.13	8.72	-26.1	-1.51	-
Other Non Operating Income (Expenses)	21.24	0.33	-71.57	-0.54	-9.31	-
EBT Excluding Unusual Items	129.34	36.53	-104.11	46.79	-22.19	-0.36
Merger & Restructuring Charges	-	-	-12.17	-2.77	-10.32	-
Other Unusual Items	-	-	-	-	693.95	-
Pretax Income	129.34	36.53	-116.29	44.02	661.44	-0.36
Income Tax Expense	-73.03	-84.88	19.39	-87.68	-	-
Net Income	202.37	121.41	-135.67	131.7	661.44	-0.36
Net Income to Common	202.37	121.41	-135.67	131.7	661.44	-0.36
Net Income Growth	-	-	-	-80.09%	-	-
Shares Outstanding (Basic)	70	69	54	49	43	8
Shares Outstanding (Diluted)	72	72	54	70	48	8
Shares Change (YoY)	12.48%	31.59%	-22.17%	45.39%	541.31%	-
EPS (Basic)	2.89	1.76	-2.49	2.69	15.52	-0.05
EPS (Diluted)	2.80	1.70	-2.49	1.88	13.75	-0.06
EPS Growth	-	-	-	-86.33%	-	-
Free Cash Flow	23.93	57.14	53.12	125.14	27.39	-
Free Cash Flow Per Share	0.33	0.80	0.98	1.79	0.57	-
Gross Margin	31.08%	32.64%	21.91%	37.11%	31.69%	-
Operating Margin	22.50%	15.02%	10.13%	15.78%	4.88%	-
Profit Margin	28.74%	15.35%	-20.80%	13.88%	253.30%	-
Free Cash Flow Margin	3.40%	7.22%	8.14%	13.19%	10.49%	-
EBITDA	259.17	213.74	197.36	218.3	41.04	-
EBITDA Margin	36.80%	27.02%	30.26%	23.01%	15.72%	-
D&A For EBITDA	100.75	94.98	131.31	68.55	28.29	-
EBIT	158.41	118.76	66.04	149.75	12.74	-0.36
EBIT Margin	22.50%	15.02%	10.13%	15.78%	4.88%	-
Revenue as Reported	766.09	763.46	668.67	827.31	221.84	-

Updated Mar 18, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.