VAALCO Energy
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. VAALCO Energy's past years’ income statements indicate that its last revenue has increased compared to the previous period by 28% to $455,066,000. The net income raised on $60,354,000 and profit margin reached 13%. Total operating expenses were $27,950,000.
Profit Margin
| 2014 | 127.69M | -77.55M | -60.73% |
|---|---|---|---|
| 2015 | 80.44M | -158.65M | -197.22% |
| 2016 | 59.78M | -26.55M | -44.41% |
| 2017 | 77.02M | 9.65M | 12.53% |
| 2018 | 104.94M | 98.23M | 93.61% |
| 2019 | 84.52M | -2.84M | -3.37% |
| 2020 | 67.17M | -48.08M | -71.58% |
| 2021 | 199.07M | 81.83M | 41.11% |
| 2022 | 354.32M | 51.89M | 14.64% |
| 2023 | 455.06M | 60.35M | 13.26% |
EGY Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 455.06M | 354.32M | 199.07M | 67.17M | 84.52M | 104.94M | 77.02M | 59.78M | 80.44M | 127.69M |
Cost of revenue | 268.45M | 169.67M | 102.31M | 46.69M | 44.77M | 46.01M | 46.15M | 44.51M | 76.07M | 51.80M |
Gross profit | 186.60M | 184.65M | 96.76M | 20.47M | 39.74M | 58.93M | 30.87M | 15.27M | 4.37M | 75.88M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 27.95M | 10.29M | 16.78M | 15.95M | 18.89M | 7.72M | 10.46M | 18.35M | 66.60M | 29.55M |
Operating income | 158.65M | 171.27M | 79.1M | 29.74M | 21.19M | 51.28M | 19.95M | -4.39M | -143.55M | -54.40M |
Other income (expenses), net | -8.51M | -47.89M | -19.32M | 6.86M | -151K | 4.40M | 699K | -3.32M | -516K | -658K |
Income before tax | 150.14M | 123.38M | 59.77M | -20.40M | 21.04M | 55.47M | 20.65M | -9.01M | -144.06M | -55.06M |
Income tax expense | 89.77M | 71.42M | -22.15M | 27.68M | 23.89M | -43.25M | 10.37M | 9.24M | 14.58M | 22.48M |
Net income | 60.35M | 51.89M | 81.83M | -48.08M | -2.84M | 98.23M | 9.65M | -26.55M | -158.65M | -77.55M |
Earnings per share | ||||||||||
Basic EPS | 0.56 | 0.74 | 1.38 | -0.83 | -0.04 | 1.66 | 0.16 | -0.45 | -2.72 | -1.36 |
Diluted EPS | 0.56 | 0.73 | 1.37 | -0.83 | -0.04 | 1.64 | 0.16 | -0.45 | -2.72 | -1.36 |
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