Name: Sable Offshore Corp. (SOC) Financial Statements
Creator: FinSpry

Sable Offshore Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Sable Offshore Corp. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	0.00	0.00	0.00	0.00	0.00
Cost of Revenue	95.20	60.69	0.00	0.00	0.00
Gross Profit	-95.20	-60.69	0.00	0.00	0.00
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	143.35	12.76	6.15	1.68	0.01
Operating Expenses	151.65	32.98	6.15	1.68	0.01
Operating Income	-246.85	-93.67	-6.15	-1.68	-0.01
Other Income/Expense
Interest Income	0.00	4.42	3.99	0.02	0.00
Interest Expense	-67.31	0.00	0.00	0.00	0.00
Other Income/Expense	-227.45	0.80	0.33	5.94	0.00
Income
Income Before Tax	-629.12	-93.67	-1.83	4.27	-0.01
Income Tax Expense	-0.05	0.00	0.76	0.00	0.00
Net Income	-629.07	-93.67	-2.59	4.27	-0.01
Net Income - Continuous Operations	-629.07	-93.67	-2.59	4.27	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00
EBITDA	-234.49	-72.66	-6.15	-1.68	0.00
EBIT	-246.85	-93.67	-6.15	-1.68	-0.01
Depreciation & Amortization	12.36	21.02	0.00	0.00	0.00
Earnings Per Share
Basic EPS	-9.00	-5.00	-	-	-
Diluted EPS	-9.00	-5.00	-	-	-
Basic Shares Outstanding	67.02	18.06	35.94	31.61	2.81
Diluted Shares Outstanding	67.02	18.06	35.94	31.61	2.81