
Gran Tierra Energy Income Statement 2025-2011 | GTE
Brief overview of profit and loss at Gran Tierra Energy
The figures are compared over a five-year interval. Revenue reported by Gran Tierra Energy was $238 million at the beginning of the period and $597 million at the end. Across the full period, sales moved by +150.9%; the average annual rate was 20.2%. This pace points to rapid expansion of the business.
The five-year change in gross profit reached +349.6%: from 73.6 million dollars to 331 million dollars. Gross profit as a share of revenue changed from 30.9% to 55.5%. Improving gross profitability strengthens the quality of revenue growth.
The operating result measured by EBITDA moved from 85.3 million dollars to 268 million dollars, or +214.2%. The operating result outpaced sales and points to improving efficiency. At the operating-margin level, the figure shifted from 35.8% to 44.9%. Higher profitability strengthens the quality of operating growth.
The net financial result changed from −$778 million to −$193 million. The loss reduction is constructive, but the recovery is incomplete.
Financial takeaway
The indicators form a favorable picture of business development. The financial profile benefits from better sales economics, sales growth and higher operating efficiency. Further direction will depend on top-line growth, operating profitability, and net income.
Annual Income Statement Gran Tierra Energy
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
243 M | 159 M | 172 M | 187 M | 51.4 M | 222 M | 407 M | 1.02 B | 1.11 B | 783 M | 653 M | 609 M | 2.12 B | 1.48 B | 1.55 B |
Shares |
35.4 M | 32 M | 33.5 M | 36.4 M | 36.7 M | 377 M | 377 M | 427 M | 397 M | 321 M | 285 M | 285 M | 286 M | 284 M | 281 M |
Historical Prices |
6.86 | 4.96 | 5.13 | 5.13 | 1.4 | 0.85 | 0.77 | 2.26 | 2.5 | 2.68 | 2.38 | 2.53 | 7.09 | 6 | 5.83 |
Net Income |
-193 M | 3.22 M | -6.29 M | 139 M | 42.5 M | -778 M | 38.7 M | 103 M | -31.7 M | -466 M | -268 M | -171 M | 126 M | 99.7 M | 127 M |
Revenue |
597 M | 622 M | 637 M | 711 M | 474 M | 238 M | 571 M | 613 M | 422 M | 289 M | 276 M | 559 M | 720 M | 583 M | 596 M |
Cost of Revenue |
266 M | 221 M | 201 M | 173 M | 147 M | - | - | - | - | - | - | - | - | - | - |
Gross Profit |
- | - | - | - | - | 73.6 M | 367 M | 439 M | 287 M | 171 M | 160 M | 445 M | 571 M | 458 M | 510 M |
Interest Expense |
- | - | - | - | - | - | - | - | 13.9 M | 14.1 M | 502 K | 2 M | -4.4 M | - | 1.6 M |
EBITDA |
268 M | 223 M | 210 M | 176 M | 136 M | 85.3 M | 333 M | 347 M | 167 M | -513 M | -193 M | 166 M | 526 M | 377 M | 464 M |
Operating Expenses |
- | - | - | - | - | 149 M | 238 M | 214 M | 175 M | 155 M | 152 M | 165 M | 202 M | 184 M | 277 M |
General and Administrative Expenses |
60.1 M | 51.1 M | 45.8 M | 41 M | 36.3 M | 23.7 M | 34.7 M | 39.5 M | 39 M | 33.2 M | 32.4 M | 51.2 M | 53.4 M | 58.9 M | 60.4 M |
All numbers in USD currency
Quarterly Income Statement Gran Tierra Energy
| 2024-Q3 | 2024-Q2 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
30.7 M | 31.3 M | 32.2 M | 33.3 M | 33.3 M | 34.6 M | - | 36.9 M | 367 M | 367 M | 367 M | 367 M | 367 M | 367 M | 367 M | 367 M | 367 M | 367 M | 372 M | 380 M | 387 M | 387 M | 391 M | 391 M | 391 M | 385 M | 395 M | 399 M | 399 M | 391 M | 322 M | 297 M | 294 M | 273 M | 286 M | 286 M | 286 M | 276 M | 286 M | 284 M | 283 M | 268 M | 283 M | 283 M | 282 M | 268 M | 282 M | 281 M | 279 M | 262 M | 278 M | 277 M | 261 M |
Net Income |
1.13 M | 36.4 M | - | 6.53 M | -10.8 M | - | - | 53 M | 14.1 M | - | 35 M | -17.6 M | -37.4 M | - | -108 M | -371 M | -252 M | - | -28.8 M | 38.5 M | 1.98 M | - | 75.3 M | 20.3 M | 17.9 M | - | 3.13 M | -6.81 M | 12.8 M | - | -230 M | -63.6 M | -45 M | - | -102 M | -38.6 M | -44.9 M | - | 44.2 M | 9.14 M | 45.1 M | - | 33.1 M | 47.8 M | 57.9 M | - | 57.4 M | 12.8 M | -313 K | - | 49.1 M | 31.6 M | 13.7 M |
Revenue |
151 M | 166 M | - | 180 M | 158 M | - | - | 206 M | 175 M | - | - | 96.6 M | - | - | - | - | 345 K | - | 130 K | 397 K | 133 K | - | 725 K | 610 K | 786 K | - | 301 K | 245 K | 408 K | - | 730 K | 749 K | 449 K | - | 266 K | 382 K | 421 K | - | 772 K | 638 K | 750 K | - | 519 K | 324 K | 591 K | - | 317 K | 608 K | 703 K | - | 209 K | 456 K | 223 K |
EBITDA |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 49.8 M | - | 49.9 M | 46.2 M | 44.3 M | - | 51.5 M | 51.8 M | 54.6 M | - | 43 M | 35.1 M | 42.6 M | - | 41.2 M | 45 M | 32.1 M |
General and Administrative Expenses |
6.35 M | 16.9 M | - | 10.2 M | 9.87 M | - | - | 9.84 M | 12.3 M | - | 6.5 M | 9.01 M | 10.5 M | - | 4.56 M | 6.53 M | 5.38 M | - | 7.64 M | 8.64 M | 9.6 M | - | 13.8 M | 12.2 M | 11.2 M | - | 8.65 M | 9.51 M | 8.71 M | - | 5.59 M | 7.98 M | 7.05 M | - | 7.86 M | 10.3 M | 7.29 M | - | 13.4 M | 13.9 M | 12.9 M | - | 11.8 M | 9.09 M | 11.4 M | - | 12.9 M | 17.6 M | 15.9 M | - | 16.3 M | 16.4 M | 13.6 M |
All numbers in USD currency
The income statement is one of the three key financial reports of a company Gran Tierra Energy (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.