
Vermilion Energy Income Statement 2025-2011 | VET
Brief overview of financial results at Vermilion Energy
The conclusions below are based on five years of reported results. The revenue attributed to Vermilion Energy moved from 1.1 billion Canadian dollars to 1.8 billion Canadian dollars between the two endpoints. Across the full period, sales moved by +54.7%; the average annual rate was 9.1%. This represents moderate business growth.
The operating result measured by EBITDA moved from 0 Canadian dollars to 0 Canadian dollars, or . EBITDA margin was 0% at the start and 0% at the end. Operating efficiency did not change materially.
Comparing the endpoints shows a move from −1.5 billion Canadian dollars to −654 million Canadian dollars. The negative result improved without reaching break-even.
Market value was 982 million Canadian dollars at the start and 1.8 billion Canadian dollars at the end. Investors assigned a higher value to the business over time.
Summary assessment
The five-year picture requires weighing both strengths and weaknesses. The positive side is supported by improving net profitability, stable operating profitability and revenue expansion. The most visible risks are a low EBITDA margin. The next reporting periods will show whether revenue, margins, and final profitability can strengthen.
Annual Income Statement Vermilion Energy
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
1.81 B | 1.19 B | 1.85 B | 2.32 B | 3.02 B | 982 M | 1.47 B | 3.06 B | 4.64 B | 4.68 B | 2.94 B | 4.69 B | 5.62 B | 5.1 B | 4.23 B |
Shares |
154 M | 158 M | 164 M | 163 M | 161 M | 156 M | 156 M | 142 M | 122 M | 116 M | 110 M | 107 M | 102 M | 99.3 M | 92.3 M |
Historical Prices |
11.8 | 7.55 | 11.3 | 14.2 | 18.7 | 6.29 | 9.39 | 21.5 | 25.9 | 28.3 | 19 | 29.5 | 35.8 | 31 | 28.4 |
Net Income |
-654 M | -46.7 M | -238 M | 1.31 B | 1.15 B | -1.52 B | 32.8 M | 272 M | 62.3 M | -160 M | -217 M | 269 M | 328 M | 191 M | 143 M |
Revenue |
1.77 B | 1.55 B | 2.01 B | 3.42 B | 2.04 B | 1.14 B | 1.75 B | 1.53 B | 1.02 B | 829 M | 874 M | 1.31 B | 1.21 B | 1.03 B | 977 M |
Gross Profit |
- | - | - | - | - | 433 M | 1.09 B | 1.17 B | 782 M | 606 M | 648 M | 1.08 B | 1.01 B | 853 M | 815 M |
Interest Expense |
133 M | 84.6 M | 85.2 M | 82.9 M | 73.1 M | 75.1 M | 81.4 M | 72.8 M | 57.3 M | 57 M | - | - | - | - | - |
EBITDA |
- | - | - | - | - | - | - | - | 596 M | 431 M | 210 M | 883 M | 894 M | 685 M | 619 M |
Operating Expenses |
509 M | 446 M | 513 M | 489 M | 413 M | 417 M | 440 M | 357 M | 429 M | 409 M | 420 M | 428 M | 359 M | 316 M | 342 M |
General and Administrative Expenses |
98.4 M | 74 M | 80.7 M | 57.7 M | 52.9 M | 171 M | 196 M | 165 M | 159 M | 162 M | 170 M | 172 M | 140 M | 115 M | 109 M |
All numbers in CAD currency
Quarterly Income Statement Vermilion Energy
| 2025-Q4 | 2024-Q4 | 2024-Q3 | 2023-Q4 | 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 |
154 M | 158 M | - | 164 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Income |
-654 M | -46.7 M | - | -238 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Revenue |
1.77 B | 1.55 B | - | 2.01 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Interest Expense |
133 M | 84.6 M | - | 85.2 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Expenses |
509 M | 446 M | - | 513 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
General and Administrative Expenses |
98.4 M | 74 M | - | 80.7 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
All numbers in CAD currency
The income statement is one of the three key financial reports of a company Vermilion 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.