Financials in USD. Standardized financial statements.
A compact view of how Empire Petroleum Corporation turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $34.20M | $44.04M | $40.14M | $53.27M | $27.68M | $5.99M | $5.83M | $352,374 | $0 | $0 |
| Revenue Growth? | -22.3% | +9.7% | -24.7% | +92.5% | +362.2% | +2.8% | +1553.2% | 0.0% | 0.0% | 0.0% |
| Cost of Revenue? | $40.81M | $40.57M | $34.77M | $29.48M | $17.89M | $3.46M | $3.73M | $36,721 | $757,069 | $378,078 |
| Gross Profit? | -$6.61M | $3.47M | $5.38M | $23.80M | $9.79M | $2.52M | $2.09M | $315,653 | $0 | $0 |
| Gross Margin? | -19.3% | +7.9% | +13.4% | +44.7% | +35.4% | +42.2% | +35.9% | +89.6% | 0.0% | 0.0% |
| Operating Expenses? | $13.42M | $17.13M | $17.00M | $15.01M | $10.26M | $20.11M | $8.25M | $1.23M | $757,069 | $196,603 |
| Operating Income? | -$20.03M | -$13.66M | -$11.63M | $8.78M | -$473,370 | -$17.58M | -$6.15M | -$916,000 | -$757,000 | -$197,000 |
| EBITDA? | -$6.82M | -$4.89M | -$8.08M | $10.02M | -$7.37M | -$13.17M | -$2.80M | -$898,000 | $0 | -$378,000 |
| Income Before Tax | -$72.07M | -$16.20M | -$12.60M | $7.29M | -$18.61M | -$16.84M | -$6.65M | -$1.02M | -$830,000 | -$382,000 |
| Income Tax Expense | $0 | $0 | -$132,000 | $208,898 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income? | -$72.07M | -$16.20M | -$12.47M | $7.08M | -$18.61M | -$16.84M | -$6.65M | -$1.02M | -$830,000 | -$382,000 |
| EPS? | $-2.12 | $-0.54 | $-0.55 | $0.33 | $-5.09 | $-2.96 | $-1.30 | $-0.31 | $-0.31 | $-0.18 |
| Diluted EPS? | $-2.12 | $-0.54 | $-0.55 | $0.30 | $-5.09 | $-2.96 | $-1.30 | $-0.31 | $-0.31 | $-0.18 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality