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GFR
(NYSE)
Greenfire Resources Ltd.
$5.80-- (--)
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Greenfire Resources (GFR) Income Statement

Revenue, expenses, profit margins, and earnings with annual and quarterly data.

Greenfire Resources Income Statement Analysis

Revenue, earnings, and profit margins in millions CAD

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Greenfire Resources Ltd. income statement - Annual data in millions CAD
BreakdownFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Period EndingDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Revenue & Gross Profit
Revenue626.97790.95675.97998.850.000.00
Cost of Revenue411.73532.75396.50486.11131.240.00
Gross Profit215.25258.20279.47512.74139.440.00
Operating Expenses
Research & Development0.000.000.000.000.000.00
Selling, General & Administrative25.7930.9177.0278.860.720.36
Operating Expenses108.1830.91337.28242.260.720.36
Operating Income107.07227.28-57.81270.49-0.72-0.36
Other Income/Expense
Interest Income3.38-7.912.910.000.000.00
Interest Expense-77.5748.5246.6876.3325.050.00
Other Income/Expense-51.74-190.7550.84-226.470.010.00
Income
Income Before Tax55.3236.53-116.2944.02-0.71-0.36
Income Tax Expense7.82-84.8819.39-87.680.000.00
Net Income47.50121.41-135.67131.70-0.71-0.36
Net Income - Continuous Operations46.65121.41-135.67131.70-0.71-0.36
Net Income - Discontinued Operations0.000.000.000.000.000.00
EBITDA191.32213.74-1.71188.22-0.710.00
EBIT107.0785.05-69.60147.19686.49-0.36
Depreciation & Amortization83.8894.9867.8967.870.000.36
Earnings Per Share
Basic EPS1.002.00-2.002.0018.00-
Diluted EPS1.002.00-2.002.0018.00-
Basic Shares Outstanding72.3971.4261.2668.6437.5037.50
Diluted Shares Outstanding72.4871.6261.2668.6437.5037.50

Frequently Asked Questions About Greenfire Resources Financial Statements

What is an income statement?

An income statement shows a company's revenues, expenses, and net income over a specific period. It reveals profitability by starting with revenue and subtracting costs to arrive at net income — the "bottom line" that shows how much the company earned.

What is GFR's revenue trend?

Review Greenfire Resources's quarterly and annual revenue figures in the income statement table above to identify growth trends, seasonal patterns, and year-over-year changes.

What is gross margin?

Gross margin is revenue minus cost of goods sold, expressed as a percentage. It shows how efficiently a company produces its goods or services. Higher gross margins indicate stronger pricing power and lower production costs.

What is operating income?

Operating income (EBIT) is revenue minus operating expenses, excluding interest and taxes. It measures a company's core business profitability before financing costs and tax effects, making it useful for comparing companies with different capital structures.

What is earnings per share (EPS)?

EPS divides net income by outstanding shares, showing the profit attributable to each share. Diluted EPS includes potential shares from stock options and convertible securities, providing a more conservative measure of per-share earnings.