Income statement, balance sheet and cash flow statement for the last 5 fiscal years, taken from the XBRL data Greenfire Resources Ltd. files with the SEC in its annual reports.
In CAD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2021
FY2023
FY2023
FY2024
FY2025
Revenue
261
949
652
791
584
Gross profit
222
827
669
763
627
Interest expense
-0.21
-2.55
14.6
36.6
Pre-tax income
661
44
-116
36.5
55.3
Income tax
-87.7
19.4
-84.9
7.82
Net income
661
132
-136
121
47.5
EPS, basic
15.52
2.69
-2.49
1.76
0.66
EPS, diluted
13.75
1.88
-2.49
1.70
0.66
Balance sheet
FY2021
FY2023
FY2023
FY2024
FY2025
Cash and equivalents
60.9
35.4
110
67.4
42
Receivables
34.3
34.7
56.4
66.2
Inventory
14.6
13.9
14.9
20.6
Total current assets
124
164
144
149
Property, plant and equipment
963
941
960
990
Total assets
1,174
1,173
1,257
1,285
Accounts payable
46.6
59.9
61.8
88.4
Total current liabilities
137
130
336
95.8
Lease liabilities
0.87
7.72
2.3
2.83
Total liabilities
336
478
436
119
Total debt
254
376
329
Paid-in capital
44.7
9.79
8.92
8.31
Retained earnings
793
527
648
696
Total equity
838
695
821
1,167
Total liabilities and equity
1,174
1,173
1,257
1,285
Cash flow statement
FY2021
FY2023
FY2023
FY2024
FY2025
Net income
661
132
-136
121
47.5
Depreciation and amortization
27.1
68
68.1
81
83.6
Cash from operations
32
165
86.5
145
136
Capital expenditures
-4.59
-39.6
-33.4
-87.4
-112
Cash from investing
-337
-63.7
-12.1
-94.4
-100
Debt repaid
-124
-295
-84.3
-329
Stock issued
0.02
67.1
299
Dividends paid
-59.4
Cash from financing
366
-124
0
-95.4
-58.2
Exchange rate effect
-0.19
-2.85
-0.29
3.18
-3.5
Net change in cash
60.9
-25.5
74.2
-42.1
-25.4
Free cash flow
27.4
125
53.1
57.1
24.7
Key metrics
Worked out from the statements above. Latest values use fiscal 2025. No valuation: the share price is quoted in a different currency than the statements.
Profitability
Metric
Value
How it is calculated
Gross margin
107.3%
Gross profit / revenue.
Pre-tax margin
9.5%
Pre-tax income / revenue.
Net margin
8.1%
Net income / revenue.
FCF margin
4.2%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
23.4%
Cash from operations / revenue.
Effective tax rate
14.1%
Income tax / pre-tax income, when pre-tax income is positive.
Return on assets (ROA)
3.7%
Net income / average total assets.
Capex / revenue
19.1%
Capital expenditures / revenue.
D&A / revenue
14.3%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
-26.1%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
-14.9%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit growth, 1y
-17.9%
Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y
-8.8%
Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income growth, 1y
-60.9%
Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y
-28.8%
Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS growth, 1y
-61.2%
EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y
-29.5%
Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow growth, 1y
-5.6%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y
-6.1%
Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Free cash flow growth, 1y
-56.8%
Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 3y
-41.8%
Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y
2.2%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
3.1%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
1.56x
Current assets / current liabilities.
Quick ratio
1.13x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.44x
(Cash + short-term investments) / current liabilities.
Liabilities / assets
9.2%
Total liabilities / total assets.
Working capital
CA$53.4M
Current assets - current liabilities.
Efficiency
Metric
Value
How it is calculated
Asset turnover
0.46x
Revenue / average total assets.
Fixed asset turnover
0.60x
Revenue / average property, plant and equipment.
Receivables turnover
9.53x
Revenue / average receivables.
Days sales outstanding
38 days
365 x average receivables / revenue.
FCF conversion
52.0%
Free cash flow / net income, when net income is positive.
Capex / operating cash flow
81.9%
Capital expenditures / cash from operations, when that is positive.
Per share
Metric
Value
How it is calculated
EPS, diluted
CA$0.66
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic
CA$0.66
Net income per basic share, as reported (split-adjusted).
What was Greenfire Resources Ltd.'s revenue in fiscal 2025?
Greenfire Resources Ltd. reported revenue of CA$584.4M for fiscal 2025, 26.1% lower than the year before.
Was Greenfire Resources Ltd. profitable in fiscal 2025?
Yes. Net income was CA$47.5M, a net margin of 8.1%.
How much free cash flow did Greenfire Resources Ltd. generate in fiscal 2025?
Cash from operations of CA$136.5M minus capital expenditures of CA$111.8M left free cash flow of CA$24.7M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.