Meren Energy Inc. (TSX:MER)

Meren Energy Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cost of Revenue	51.2	-	-	-	-	-
Gross Profit	25.2	-	-	-	-	-
Selling, General & Admin	40.8	32.4	31.9	27	11.7	11.16
Operating Expenses	52.9	32.4	94.1	197.6	18	229.73
Operating Income	-27.7	-32.4	-94.1	-197.6	-18	-229.73
Interest Expense	-6.5	-4.9	-7.6	-3.5	-18.3	-29.34
Interest & Investment Income	6	7.6	7.8	2.4	0.1	1.1
Earnings From Equity Investments	194	187.3	181	138.4	226.9	240.36
Currency Exchange Gain (Loss)	-	-	-	-	-	-0.01
Other Non Operating Income (Expenses)	0.1	-	-	-	-	-
EBT Excluding Unusual Items	165.9	157.6	87.1	-60.3	190.7	-17.61
Gain (Loss) on Sale of Investments	-393.8	-436.7	-	-	-	-
Pretax Income	-227.9	-279.1	87.1	-60.3	190.7	-17.61
Earnings From Continuing Operations	-231.7	-279.1	87.1	-60.3	190.7	-17.61
Net Income	-231.7	-279.1	87.1	-60.3	190.7	-17.61
Net Income to Common	-231.7	-279.1	87.1	-60.3	190.7	-17.61
Shares Outstanding (Basic)	451	449	462	474	473	472
Shares Outstanding (Diluted)	451	449	473	474	477	472
Shares Change (YoY)	-4.67%	-4.97%	-0.30%	-0.63%	1.18%	0.15%
EPS (Basic)	-0.51	-0.62	0.19	-0.13	0.40	-0.04
EPS (Diluted)	-0.51	-0.62	0.18	-0.13	0.40	-0.04
Free Cash Flow	5.4	-40.9	-53.3	-15.5	-10.8	-5.44
Free Cash Flow Per Share	0.01	-0.09	-0.11	-0.03	-0.02	-0.01
Dividend Per Share	0.062	0.050	0.050	0.050	-	-
EBITDA	31.05	29.8	-31.9	-27	197.6	-14.13
D&A For EBITDA	58.75	62.2	62.2	170.6	215.6	215.6
EBIT	-27.7	-32.4	-94.1	-197.6	-18	-229.73
Revenue as Reported	187.3	187.3	181	138.4	226.9	240.36

Source: S&P Global Market Intelligence. Standard template. Financial Sources.