Forza Petroleum Ltd
TSX:FORZ
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|
Forza Petroleum Ltd
TSX:FORZ
|
CA |
Income Statement
Earnings Waterfall
Forza Petroleum Ltd
Income Statement
Forza Petroleum Ltd
| Sep-2013 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||
| Revenue |
0
N/A
|
0
N/A
|
0
N/A
|
1
N/A
|
7
+760%
|
12
+66%
|
15
+27%
|
19
+32%
|
16
-19%
|
12
-23%
|
10
-21%
|
8
-16%
|
9
+16%
|
13
+38%
|
17
+29%
|
17
+0%
|
18
+11%
|
21
+14%
|
24
+16%
|
30
+25%
|
41
+36%
|
55
+33%
|
66
+20%
|
78
+19%
|
82
+5%
|
84
+3%
|
83
-1%
|
63
-24%
|
56
-11%
|
47
-16%
|
51
+7%
|
75
+49%
|
91
+21%
|
111
+22%
|
138
+25%
|
170
+23%
|
191
+13%
|
191
+0%
|
171
-11%
|
113
-34%
|
72
-37%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(8)
|
(8)
|
(8)
|
(9)
|
(1)
|
(1)
|
(1)
|
1
|
1
|
1
|
2
|
(1)
|
(1)
|
(0)
|
(1)
|
2
|
(4)
|
(1)
|
(2)
|
(2)
|
5
|
1
|
2
|
2
|
0
|
(0)
|
(0)
|
0
|
(3)
|
(3)
|
(3)
|
|
| Gross Profit |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
(8)
N/A
|
(4)
+52%
|
0
N/A
|
4
+3 264%
|
16
+325%
|
16
-1%
|
17
+12%
|
22
+24%
|
25
+16%
|
31
+26%
|
43
+36%
|
54
+26%
|
65
+21%
|
78
+19%
|
81
+4%
|
87
+7%
|
79
-8%
|
63
-21%
|
55
-13%
|
46
-16%
|
55
+20%
|
76
+38%
|
93
+23%
|
113
+21%
|
139
+23%
|
170
+23%
|
191
+13%
|
191
+0%
|
168
-12%
|
110
-34%
|
68
-38%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(99)
|
(104)
|
(62)
|
(50)
|
(38)
|
(30)
|
(35)
|
(37)
|
(39)
|
(40)
|
(30)
|
(29)
|
(27)
|
(34)
|
(33)
|
(33)
|
(32)
|
(35)
|
(34)
|
(36)
|
(42)
|
(47)
|
(52)
|
(59)
|
(47)
|
(49)
|
(42)
|
(35)
|
(41)
|
(57)
|
(53)
|
(65)
|
(80)
|
(82)
|
(90)
|
(93)
|
(97)
|
(102)
|
(324)
|
(90)
|
(75)
|
|
| Selling, General & Administrative |
(56)
|
(47)
|
(48)
|
(33)
|
(28)
|
(18)
|
(15)
|
(15)
|
(13)
|
(15)
|
(15)
|
(12)
|
(11)
|
(10)
|
(10)
|
(11)
|
(11)
|
(12)
|
(12)
|
(12)
|
(12)
|
(14)
|
(12)
|
(12)
|
(12)
|
(13)
|
(19)
|
(18)
|
(16)
|
(10)
|
(0)
|
1
|
2
|
(2)
|
(6)
|
(7)
|
(7)
|
(8)
|
(12)
|
(14)
|
(12)
|
|
| Depreciation & Amortization |
(1)
|
(1)
|
(1)
|
(1)
|
(3)
|
(5)
|
(6)
|
(8)
|
(8)
|
(8)
|
(7)
|
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(6)
|
(7)
|
(9)
|
(11)
|
(14)
|
(16)
|
(19)
|
(20)
|
(22)
|
(25)
|
(21)
|
(21)
|
(23)
|
(24)
|
(31)
|
(35)
|
(38)
|
(42)
|
(46)
|
(49)
|
(49)
|
(48)
|
(36)
|
(28)
|
|
| Other Operating Expenses |
(43)
|
(57)
|
(13)
|
(15)
|
(7)
|
(8)
|
(14)
|
(14)
|
(18)
|
(17)
|
(8)
|
(11)
|
(10)
|
(18)
|
(17)
|
(17)
|
(16)
|
(17)
|
(16)
|
(15)
|
(18)
|
(19)
|
(24)
|
(28)
|
(15)
|
(14)
|
1
|
4
|
(4)
|
(25)
|
(29)
|
(36)
|
(46)
|
(42)
|
(42)
|
(41)
|
(41)
|
(45)
|
(265)
|
(40)
|
(34)
|
|
| Operating Income |
(99)
N/A
|
(104)
-5%
|
(62)
+41%
|
(49)
+21%
|
(31)
+37%
|
(19)
+40%
|
(20)
-10%
|
(18)
+13%
|
(24)
-33%
|
(28)
-18%
|
(29)
-4%
|
(29)
+0%
|
(26)
+11%
|
(30)
-17%
|
(18)
+41%
|
(17)
+4%
|
(14)
+16%
|
(13)
+10%
|
(9)
+28%
|
(5)
+51%
|
1
N/A
|
7
+492%
|
13
+80%
|
18
+45%
|
34
+84%
|
37
+9%
|
37
+0%
|
27
-27%
|
14
-50%
|
(12)
N/A
|
2
N/A
|
11
+474%
|
13
+22%
|
31
+129%
|
48
+58%
|
76
+58%
|
94
+23%
|
89
-5%
|
(156)
N/A
|
21
N/A
|
(7)
N/A
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
4
|
3
|
4
|
1
|
0
|
1
|
1
|
0
|
(3)
|
(0)
|
(10)
|
(14)
|
(15)
|
(16)
|
(16)
|
(15)
|
(13)
|
(13)
|
(12)
|
(11)
|
(11)
|
(12)
|
(12)
|
(12)
|
(12)
|
(9)
|
(9)
|
(9)
|
(9)
|
(7)
|
(5)
|
(3)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
1
|
1
|
2
|
|
| Non-Reccuring Items |
(64)
|
(83)
|
(81)
|
(62)
|
(18)
|
(1)
|
(0)
|
1
|
(306)
|
(395)
|
(393)
|
(396)
|
(89)
|
(18)
|
(10)
|
(8)
|
(8)
|
(11)
|
(19)
|
(19)
|
(19)
|
54
|
54
|
54
|
54
|
(83)
|
(322)
|
(320)
|
(292)
|
(87)
|
168
|
165
|
138
|
(17)
|
(32)
|
(32)
|
(32)
|
(221)
|
0
|
(342)
|
(342)
|
|
| Total Other Income |
0
|
0
|
(2)
|
(2)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
2
|
1
|
(1)
|
(0)
|
(4)
|
(4)
|
(9)
|
(3)
|
(3)
|
(2)
|
6
|
(1)
|
(13)
|
(13)
|
(14)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
| Pre-Tax Income |
(159)
N/A
|
(185)
-16%
|
(141)
+24%
|
(112)
+20%
|
(51)
+54%
|
(18)
+64%
|
(20)
-9%
|
(17)
+15%
|
(332)
-1 856%
|
(423)
-27%
|
(432)
-2%
|
(438)
-1%
|
(130)
+70%
|
(64)
+51%
|
(42)
+35%
|
(40)
+5%
|
(36)
+8%
|
(37)
-1%
|
(45)
-22%
|
(39)
+13%
|
(38)
+3%
|
46
N/A
|
52
+13%
|
59
+12%
|
82
+40%
|
(56)
N/A
|
(307)
-450%
|
(314)
-2%
|
(302)
+4%
|
(107)
+65%
|
164
N/A
|
173
+6%
|
151
-13%
|
14
-91%
|
16
+14%
|
44
+177%
|
61
+38%
|
(132)
N/A
|
(156)
-19%
|
(321)
-105%
|
(348)
-8%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(2)
|
(2)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(5)
|
(6)
|
(6)
|
(7)
|
(6)
|
(4)
|
(3)
|
|
| Income from Continuing Operations |
(159)
|
(186)
|
(142)
|
(114)
|
(52)
|
(19)
|
(21)
|
(18)
|
(334)
|
(424)
|
(434)
|
(440)
|
(131)
|
(66)
|
(42)
|
(40)
|
(37)
|
(39)
|
(47)
|
(42)
|
(41)
|
44
|
50
|
55
|
79
|
(59)
|
(310)
|
(316)
|
(305)
|
(109)
|
162
|
170
|
148
|
10
|
11
|
39
|
55
|
(138)
|
(162)
|
(325)
|
(350)
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
9
|
8
|
8
|
8
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
(159)
N/A
|
(186)
-17%
|
(142)
+23%
|
(113)
+20%
|
(52)
+54%
|
(18)
+65%
|
(20)
-10%
|
(17)
+16%
|
(325)
-1 837%
|
(415)
-28%
|
(426)
-3%
|
(432)
-1%
|
(131)
+70%
|
(66)
+50%
|
(42)
+36%
|
(40)
+5%
|
(37)
+7%
|
(39)
-5%
|
(47)
-22%
|
(42)
+12%
|
(41)
+2%
|
44
N/A
|
50
+13%
|
55
+12%
|
79
+42%
|
(59)
N/A
|
(310)
-424%
|
(316)
-2%
|
(305)
+4%
|
(109)
+64%
|
162
N/A
|
170
+5%
|
148
-13%
|
10
-93%
|
11
+10%
|
39
+240%
|
55
+42%
|
(138)
N/A
|
(162)
-17%
|
(325)
-100%
|
(350)
-8%
|
|
| EPS (Diluted) |
-1.59
N/A
|
-2.04
-28%
|
-1.42
+30%
|
-0.91
+36%
|
-0.44
+52%
|
-0.17
+61%
|
-0.16
+6%
|
-0.14
+12%
|
-2.69
-1 821%
|
-3.43
-28%
|
-2.79
+19%
|
-1.9
+32%
|
-0.57
+70%
|
-0.31
+46%
|
-0.15
+52%
|
-0.08
+47%
|
-0.08
N/A
|
-0.11
-38%
|
-0.11
N/A
|
-0.09
+18%
|
-0.09
N/A
|
0.09
N/A
|
0.09
N/A
|
0.1
+11%
|
0.14
+40%
|
-0.11
N/A
|
-0.56
-409%
|
-0.57
-2%
|
-0.55
+4%
|
-0.19
+65%
|
0.28
N/A
|
0.3
+7%
|
0.26
-13%
|
0.02
-92%
|
0.02
N/A
|
0.06
+200%
|
0.09
+50%
|
-0.23
N/A
|
-0.27
-17%
|
-0.54
-100%
|
-0.58
-7%
|
|