Empire Petroleum Corp
AMEX:EP
Income Statement
Earnings Waterfall
Empire Petroleum Corp
Income Statement
Empire Petroleum Corp
| Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||
| Interest Expense |
3
|
8
|
9
|
9
|
6
|
2
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
1
|
1
|
1
|
|
| Revenue |
10
N/A
|
19
+84%
|
27
+45%
|
39
+43%
|
51
+30%
|
55
+9%
|
53
-4%
|
50
-6%
|
43
-14%
|
37
-13%
|
40
+7%
|
39
-2%
|
42
+8%
|
45
+5%
|
44
-2%
|
43
-1%
|
39
-9%
|
37
-5%
|
|
| Gross Profit | |||||||||||||||||||
| Cost of Revenue |
(7)
|
(10)
|
(15)
|
(21)
|
(25)
|
(30)
|
(28)
|
(29)
|
(30)
|
(28)
|
(32)
|
(33)
|
(33)
|
(33)
|
(31)
|
(30)
|
(28)
|
(27)
|
|
| Gross Profit |
3
N/A
|
9
+193%
|
12
+36%
|
18
+55%
|
26
+44%
|
25
-2%
|
25
0%
|
21
-16%
|
13
-38%
|
9
-29%
|
8
-10%
|
7
-19%
|
9
+34%
|
11
+26%
|
12
+8%
|
14
+11%
|
11
-19%
|
10
-7%
|
|
| Operating Income | |||||||||||||||||||
| Operating Expenses |
(13)
|
(15)
|
(12)
|
(16)
|
(16)
|
(14)
|
(16)
|
(17)
|
(17)
|
(19)
|
(20)
|
(21)
|
(23)
|
(26)
|
(26)
|
(27)
|
(27)
|
(27)
|
|
| Selling, General & Administrative |
(9)
|
(10)
|
(8)
|
(10)
|
(10)
|
(11)
|
(12)
|
(13)
|
(13)
|
(13)
|
(15)
|
(15)
|
(15)
|
(16)
|
(15)
|
(15)
|
(15)
|
(14)
|
|
| Depreciation & Amortization |
(3)
|
(4)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(6)
|
(8)
|
(9)
|
(10)
|
(10)
|
(10)
|
|
| Other Operating Expenses |
(1)
|
(1)
|
(1)
|
(4)
|
(4)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
| Operating Income |
(10)
N/A
|
(6)
+38%
|
(0)
+93%
|
2
N/A
|
10
+428%
|
11
+15%
|
10
-13%
|
4
-58%
|
(4)
N/A
|
(9)
-157%
|
(11)
-19%
|
(14)
-24%
|
(13)
+3%
|
(14)
-6%
|
(14)
+4%
|
(13)
+3%
|
(16)
-23%
|
(16)
-1%
|
|
| Pre-Tax Income | |||||||||||||||||||
| Interest Income Expense |
(3)
|
(7)
|
(13)
|
(12)
|
(10)
|
(6)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
|
| Non-Reccuring Items |
(8)
|
(10)
|
(2)
|
0
|
0
|
0
|
(1)
|
(1)
|
(2)
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
(0)
|
(0)
|
(3)
|
(3)
|
(3)
|
(4)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
1
|
(1)
|
(1)
|
(1)
|
(2)
|
0
|
0
|
|
| Pre-Tax Income |
(22)
N/A
|
(24)
-10%
|
(19)
+22%
|
(14)
+25%
|
(3)
+77%
|
1
N/A
|
7
+867%
|
1
-83%
|
(7)
N/A
|
(10)
-46%
|
(13)
-27%
|
(14)
-12%
|
(16)
-14%
|
(17)
-5%
|
(16)
+4%
|
(16)
-2%
|
(17)
-4%
|
(17)
-1%
|
|
| Net Income | |||||||||||||||||||
| Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Income from Continuing Operations |
(22)
|
(24)
|
(19)
|
(14)
|
(3)
|
1
|
7
|
1
|
(7)
|
(10)
|
(12)
|
(14)
|
(16)
|
(17)
|
(16)
|
(16)
|
(17)
|
(17)
|
|
| Net Income (Common) |
(22)
N/A
|
(24)
-10%
|
(19)
+22%
|
(14)
+25%
|
(3)
+77%
|
1
N/A
|
7
+840%
|
1
-86%
|
(7)
N/A
|
(10)
-42%
|
(12)
-25%
|
(14)
-12%
|
(16)
-14%
|
(17)
-6%
|
(16)
+4%
|
(16)
-2%
|
(17)
-4%
|
(17)
-1%
|
|
| EPS (Diluted) |
-1.43
N/A
|
-1.43
N/A
|
-1.27
+11%
|
-0.58
+54%
|
-0.13
+78%
|
0.03
N/A
|
0.3
+900%
|
0.03
-90%
|
-0.32
N/A
|
-0.45
-41%
|
-0.55
-22%
|
-0.54
+2%
|
-0.53
+2%
|
-0.53
N/A
|
-0.54
-2%
|
-0.48
+11%
|
-0.52
-8%
|
-0.51
+2%
|
|