Frontera Energy Corp
TSX:FEC
Income Statement
Earnings Waterfall
Frontera Energy Corp
Revenue
|
1.1B
USD
|
Cost of Revenue
|
-650.9m
USD
|
Gross Profit
|
497.7m
USD
|
Operating Expenses
|
-309.7m
USD
|
Operating Income
|
188m
USD
|
Other Expenses
|
5.5m
USD
|
Net Income
|
193.5m
USD
|
Income Statement
Frontera Energy Corp
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
4 627
N/A
|
4 652
+1%
|
4 941
+6%
|
5 161
+4%
|
4 950
-4%
|
4 466
-10%
|
3 824
-14%
|
3 164
-17%
|
2 825
-11%
|
2 482
-12%
|
2 155
-13%
|
1 794
-17%
|
1 412
-21%
|
1 280
-9%
|
1 189
-7%
|
1 182
-1%
|
1 254
+6%
|
1 213
-3%
|
1 333
+10%
|
1 398
+5%
|
1 321
-6%
|
1 412
+7%
|
1 384
-2%
|
1 296
-6%
|
1 384
+7%
|
1 243
-10%
|
947
-24%
|
822
-13%
|
649
-21%
|
596
-8%
|
739
+24%
|
769
+4%
|
894
+16%
|
964
+8%
|
1 083
+12%
|
1 255
+16%
|
1 271
+1%
|
1 266
0%
|
1 212
-4%
|
1 167
-4%
|
1 149
-2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 723)
|
(1 732)
|
(1 890)
|
(2 066)
|
(2 105)
|
(2 081)
|
(1 892)
|
(1 639)
|
(1 580)
|
(1 363)
|
(1 257)
|
(1 138)
|
(928)
|
(892)
|
(852)
|
(831)
|
(843)
|
(789)
|
(817)
|
(811)
|
(694)
|
(738)
|
(687)
|
(619)
|
(708)
|
(686)
|
(593)
|
(553)
|
(577)
|
(475)
|
(494)
|
(493)
|
(416)
|
(429)
|
(469)
|
(541)
|
(569)
|
(607)
|
(639)
|
(638)
|
(651)
|
|
Gross Profit |
2 904
N/A
|
2 920
+1%
|
3 051
+4%
|
3 095
+1%
|
2 845
-8%
|
2 386
-16%
|
1 933
-19%
|
1 525
-21%
|
1 245
-18%
|
1 118
-10%
|
898
-20%
|
656
-27%
|
484
-26%
|
388
-20%
|
338
-13%
|
350
+4%
|
411
+17%
|
424
+3%
|
515
+22%
|
586
+14%
|
626
+7%
|
675
+8%
|
697
+3%
|
677
-3%
|
676
0%
|
557
-18%
|
355
-36%
|
269
-24%
|
72
-73%
|
121
+69%
|
246
+103%
|
276
+12%
|
478
+73%
|
535
+12%
|
614
+15%
|
714
+16%
|
702
-2%
|
660
-6%
|
574
-13%
|
529
-8%
|
498
-6%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1 732)
|
(1 768)
|
(1 833)
|
(1 914)
|
(2 012)
|
(2 023)
|
(2 009)
|
(1 867)
|
(1 749)
|
(1 547)
|
(1 265)
|
(1 031)
|
(713)
|
(581)
|
(527)
|
(486)
|
(490)
|
(456)
|
(446)
|
(449)
|
(488)
|
(503)
|
(511)
|
(508)
|
(461)
|
(453)
|
(404)
|
(362)
|
(317)
|
(257)
|
(242)
|
(219)
|
(182)
|
(195)
|
(203)
|
(225)
|
(260)
|
(298)
|
(289)
|
(294)
|
(310)
|
|
Selling, General & Administrative |
(376)
|
(345)
|
(360)
|
(404)
|
(371)
|
(351)
|
(322)
|
(242)
|
(220)
|
(194)
|
(163)
|
(161)
|
(137)
|
(134)
|
(128)
|
(113)
|
(107)
|
(103)
|
(104)
|
(102)
|
(97)
|
(91)
|
(83)
|
(78)
|
(79)
|
(78)
|
(70)
|
(61)
|
(59)
|
(57)
|
(64)
|
(66)
|
(61)
|
(66)
|
(63)
|
(63)
|
(64)
|
(57)
|
(56)
|
(55)
|
(55)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(3)
|
(4)
|
(4)
|
(3)
|
(2)
|
(4)
|
(4)
|
(4)
|
(3)
|
(2)
|
(2)
|
(3)
|
(4)
|
(2)
|
(2)
|
(1)
|
(1)
|
(2)
|
|
Depreciation & Amortization |
(1 356)
|
(1 399)
|
(1 449)
|
(1 487)
|
(1 642)
|
(1 672)
|
(1 687)
|
(1 625)
|
(1 529)
|
(1 353)
|
(1 101)
|
(871)
|
(576)
|
(447)
|
(399)
|
(373)
|
(382)
|
(353)
|
(341)
|
(331)
|
(317)
|
(337)
|
(351)
|
(367)
|
(376)
|
(371)
|
(330)
|
(297)
|
(259)
|
(204)
|
(186)
|
(158)
|
(127)
|
(133)
|
(142)
|
(166)
|
(195)
|
(223)
|
(255)
|
(259)
|
(278)
|
|
Other Operating Expenses |
0
|
(24)
|
(24)
|
(24)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(16)
|
(75)
|
(75)
|
(76)
|
(60)
|
(3)
|
(0)
|
(1)
|
(2)
|
5
|
8
|
11
|
8
|
6
|
5
|
6
|
8
|
2
|
(16)
|
23
|
21
|
26
|
|
Operating Income |
1 172
N/A
|
1 152
-2%
|
1 218
+6%
|
1 181
-3%
|
832
-30%
|
363
-56%
|
(77)
N/A
|
(342)
-345%
|
(504)
-48%
|
(429)
+15%
|
(367)
+14%
|
(375)
-2%
|
(229)
+39%
|
(193)
+16%
|
(189)
+2%
|
(136)
+28%
|
(79)
+42%
|
(32)
+59%
|
70
N/A
|
138
+98%
|
138
N/A
|
172
+25%
|
186
+9%
|
169
-9%
|
214
+27%
|
104
-52%
|
(49)
N/A
|
(93)
-89%
|
(246)
-165%
|
(136)
+45%
|
4
N/A
|
57
+1 267%
|
295
+419%
|
339
+15%
|
411
+21%
|
489
+19%
|
442
-10%
|
362
-18%
|
285
-21%
|
235
-18%
|
188
-20%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(192)
|
(195)
|
(205)
|
(230)
|
(355)
|
(418)
|
(499)
|
(445)
|
(263)
|
(470)
|
(315)
|
(291)
|
(209)
|
12
|
2
|
(11)
|
(25)
|
(63)
|
(192)
|
(163)
|
(62)
|
(91)
|
47
|
31
|
33
|
10
|
13
|
(27)
|
18
|
(39)
|
(76)
|
(49)
|
(183)
|
(149)
|
(151)
|
(186)
|
(82)
|
(99)
|
(51)
|
(4)
|
48
|
|
Non-Reccuring Items |
(24)
|
0
|
0
|
0
|
(1 625)
|
(2 074)
|
(2 074)
|
(2 642)
|
(4 907)
|
(5 142)
|
(5 213)
|
(5 095)
|
2 989
|
3 677
|
3 723
|
4 097
|
(40)
|
(68)
|
(180)
|
(143)
|
(293)
|
(271)
|
(150)
|
(161)
|
(73)
|
(229)
|
(220)
|
(170)
|
(206)
|
(6)
|
(30)
|
(30)
|
530
|
530
|
554
|
555
|
201
|
183
|
183
|
180
|
(34)
|
|
Total Other Income |
(35)
|
(59)
|
(49)
|
24
|
2
|
(30)
|
(43)
|
(110)
|
(276)
|
(54)
|
(32)
|
(41)
|
(51)
|
(76)
|
(67)
|
(61)
|
(31)
|
(21)
|
(25)
|
(16)
|
(24)
|
1
|
1
|
2
|
(16)
|
(12)
|
(14)
|
(51)
|
(15)
|
(54)
|
(54)
|
(16)
|
(5)
|
5
|
3
|
9
|
(21)
|
2
|
6
|
(1)
|
(6)
|
|
Pre-Tax Income |
922
N/A
|
899
-2%
|
963
+7%
|
976
+1%
|
(1 146)
N/A
|
(2 160)
-88%
|
(2 693)
-25%
|
(3 539)
-31%
|
(5 950)
-68%
|
(6 095)
-2%
|
(5 927)
+3%
|
(5 802)
+2%
|
2 500
N/A
|
3 420
+37%
|
3 468
+1%
|
3 889
+12%
|
(175)
N/A
|
(184)
-5%
|
(328)
-78%
|
(184)
+44%
|
(240)
-31%
|
(189)
+21%
|
85
N/A
|
41
-52%
|
158
+289%
|
(126)
N/A
|
(270)
-114%
|
(341)
-26%
|
(449)
-32%
|
(235)
+48%
|
(156)
+34%
|
(38)
+76%
|
637
N/A
|
726
+14%
|
817
+13%
|
867
+6%
|
540
-38%
|
447
-17%
|
422
-6%
|
410
-3%
|
197
-52%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(505)
|
(490)
|
(396)
|
(488)
|
(189)
|
(18)
|
74
|
288
|
467
|
435
|
374
|
320
|
(36)
|
(36)
|
(31)
|
(23)
|
(15)
|
(16)
|
(24)
|
8
|
(19)
|
(30)
|
139
|
89
|
148
|
(4)
|
(162)
|
(135)
|
(33)
|
127
|
90
|
107
|
(1)
|
25
|
(28)
|
(145)
|
(249)
|
(270)
|
(181)
|
(112)
|
(4)
|
|
Income from Continuing Operations |
417
|
409
|
567
|
488
|
(1 335)
|
(2 178)
|
(2 619)
|
(3 252)
|
(5 483)
|
(5 659)
|
(5 552)
|
(5 483)
|
2 464
|
3 384
|
3 437
|
3 866
|
(190)
|
(200)
|
(352)
|
(176)
|
(259)
|
(219)
|
223
|
130
|
306
|
(130)
|
(432)
|
(475)
|
(482)
|
(108)
|
(66)
|
68
|
636
|
751
|
789
|
723
|
291
|
178
|
241
|
298
|
193
|
|
Income to Minority Interest |
9
|
9
|
5
|
4
|
25
|
27
|
13
|
25
|
21
|
19
|
20
|
10
|
(15)
|
(26)
|
(12)
|
(25)
|
(27)
|
(29)
|
(10)
|
1
|
(0)
|
9
|
(21)
|
(22)
|
(12)
|
(10)
|
(4)
|
(1)
|
(16)
|
(15)
|
(15)
|
(21)
|
(8)
|
(6)
|
(5)
|
(5)
|
(4)
|
(5)
|
(2)
|
1
|
1
|
|
Net Income (Common) |
426
N/A
|
418
-2%
|
572
+37%
|
492
-14%
|
(1 310)
N/A
|
(2 151)
-64%
|
(2 606)
-21%
|
(3 227)
-24%
|
(5 462)
-69%
|
(5 641)
-3%
|
(5 533)
+2%
|
(5 473)
+1%
|
2 449
N/A
|
3 358
+37%
|
3 425
+2%
|
3 841
+12%
|
(217)
N/A
|
(228)
-5%
|
(361)
-58%
|
(175)
+52%
|
(259)
-48%
|
(210)
+19%
|
203
N/A
|
108
-47%
|
294
+172%
|
(140)
N/A
|
(435)
-212%
|
(477)
-10%
|
(497)
-4%
|
(124)
+75%
|
(82)
+34%
|
47
N/A
|
628
+1 226%
|
744
+19%
|
784
+5%
|
718
-8%
|
287
-60%
|
173
-40%
|
240
+39%
|
299
+25%
|
193
-35%
|
|
EPS (Diluted) |
0.65
N/A
|
0.65
N/A
|
0.9
+38%
|
0.78
-13%
|
-2.08
N/A
|
-3.43
-65%
|
-4.15
-21%
|
-5.15
-24%
|
-8.67
-68%
|
-8.95
-3%
|
-8.78
+2%
|
-8.68
+1%
|
24.48
N/A
|
33.54
+37%
|
33.87
+1%
|
38.41
+13%
|
-2.17
N/A
|
-2.29
-6%
|
-3.61
-58%
|
-1.75
+52%
|
-2.59
-48%
|
-2.11
+19%
|
2.04
N/A
|
1.09
-47%
|
2.96
+172%
|
-1.45
N/A
|
-4.49
-210%
|
-4.89
-9%
|
-5.13
-5%
|
-1.27
+75%
|
-0.83
+35%
|
0.48
N/A
|
6.29
+1 210%
|
7.65
+22%
|
8.19
+7%
|
8.06
-2%
|
3.08
-62%
|
2.02
-34%
|
2.73
+35%
|
3.4
+25%
|
2.19
-36%
|