Gran Tierra Energy Inc
TSX:GTE
Income Statement
Earnings Waterfall
Gran Tierra Energy Inc
Income Statement
Gran Tierra Energy Inc
| Sep-2007 | Dec-2007 | Mar-2008 | Jun-2008 | Sep-2008 | Dec-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | 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 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
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
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
7
|
14
|
17
|
18
|
17
|
14
|
16
|
20
|
24
|
27
|
30
|
33
|
38
|
43
|
48
|
51
|
53
|
54
|
55
|
56
|
55
|
54
|
53
|
51
|
49
|
46
|
46
|
47
|
49
|
56
|
62
|
68
|
75
|
80
|
85
|
91
|
97
|
|
| Revenue |
19
N/A
|
32
+65%
|
45
+40%
|
74
+66%
|
106
+43%
|
113
+6%
|
125
+11%
|
151
+20%
|
186
+23%
|
263
+41%
|
322
+23%
|
348
+8%
|
357
+3%
|
373
+5%
|
403
+8%
|
481
+19%
|
547
+14%
|
596
+9%
|
629
+6%
|
582
-8%
|
600
+3%
|
504
-16%
|
534
+6%
|
570
+7%
|
572
+0%
|
647
+13%
|
612
-5%
|
609
0%
|
600
-2%
|
559
-7%
|
485
-13%
|
406
-16%
|
320
-21%
|
276
-14%
|
257
-7%
|
260
+1%
|
252
-3%
|
289
+15%
|
327
+13%
|
351
+7%
|
386
+10%
|
422
+9%
|
465
+10%
|
533
+14%
|
604
+13%
|
613
+2%
|
628
+2%
|
622
-1%
|
580
-7%
|
571
-2%
|
505
-12%
|
380
-25%
|
301
-21%
|
238
-21%
|
247
+4%
|
310
+25%
|
392
+27%
|
474
+21%
|
553
+17%
|
662
+20%
|
695
+5%
|
711
+2%
|
681
-4%
|
633
-7%
|
645
+2%
|
637
-1%
|
650
+2%
|
658
+1%
|
630
-4%
|
622
-1%
|
635
+2%
|
622
-2%
|
620
0%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(8)
|
(11)
|
(10)
|
(12)
|
(14)
|
(19)
|
(24)
|
(29)
|
(34)
|
(41)
|
(44)
|
(44)
|
(55)
|
(59)
|
(66)
|
(79)
|
(82)
|
(87)
|
(95)
|
(99)
|
(113)
|
(92)
|
(100)
|
(96)
|
(85)
|
(110)
|
(100)
|
(101)
|
(110)
|
(114)
|
(123)
|
(122)
|
(122)
|
(116)
|
(116)
|
(116)
|
(113)
|
(119)
|
(118)
|
(128)
|
(130)
|
(135)
|
(137)
|
(145)
|
(162)
|
(175)
|
(191)
|
(200)
|
(200)
|
(204)
|
(203)
|
(175)
|
(147)
|
(122)
|
(106)
|
(112)
|
(130)
|
(144)
|
(149)
|
(162)
|
(166)
|
(173)
|
(179)
|
(190)
|
(198)
|
(201)
|
(210)
|
(211)
|
(207)
|
(221)
|
(242)
|
(253)
|
(275)
|
|
| Gross Profit |
11
N/A
|
21
+95%
|
34
+60%
|
62
+81%
|
92
+49%
|
94
+2%
|
102
+8%
|
122
+20%
|
152
+25%
|
222
+46%
|
279
+26%
|
303
+9%
|
302
0%
|
314
+4%
|
337
+7%
|
401
+19%
|
466
+16%
|
510
+9%
|
535
+5%
|
483
-10%
|
487
+1%
|
411
-15%
|
435
+6%
|
474
+9%
|
487
+3%
|
537
+10%
|
512
-5%
|
508
-1%
|
490
-4%
|
445
-9%
|
361
-19%
|
284
-21%
|
198
-30%
|
160
-19%
|
141
-12%
|
144
+2%
|
139
-3%
|
171
+23%
|
208
+22%
|
223
+7%
|
256
+15%
|
287
+12%
|
328
+14%
|
387
+18%
|
442
+14%
|
439
-1%
|
437
0%
|
422
-3%
|
380
-10%
|
367
-3%
|
301
-18%
|
206
-32%
|
154
-25%
|
115
-25%
|
141
+22%
|
198
+41%
|
262
+32%
|
330
+26%
|
404
+22%
|
500
+24%
|
529
+6%
|
539
+2%
|
502
-7%
|
444
-12%
|
446
+1%
|
436
-2%
|
440
+1%
|
447
+2%
|
422
-6%
|
401
-5%
|
393
-2%
|
369
-6%
|
344
-7%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(19)
|
(20)
|
(22)
|
(27)
|
(33)
|
(44)
|
(70)
|
(99)
|
(131)
|
(165)
|
(180)
|
(181)
|
(185)
|
(204)
|
(210)
|
(230)
|
(243)
|
(300)
|
(262)
|
(250)
|
(249)
|
(188)
|
(176)
|
(190)
|
(195)
|
(246)
|
(241)
|
(233)
|
(237)
|
(235)
|
(275)
|
(299)
|
(445)
|
(212)
|
(164)
|
(124)
|
48
|
(176)
|
(166)
|
(167)
|
(169)
|
(172)
|
(186)
|
(203)
|
(226)
|
(237)
|
(259)
|
(261)
|
(253)
|
(260)
|
(250)
|
(239)
|
(217)
|
(188)
|
(165)
|
(156)
|
(165)
|
(176)
|
(191)
|
(204)
|
(212)
|
(221)
|
(232)
|
(246)
|
(260)
|
(261)
|
(267)
|
(273)
|
(270)
|
(280)
|
(301)
|
(312)
|
(324)
|
|
| Selling, General & Administrative |
(11)
|
(10)
|
(11)
|
(13)
|
(14)
|
(19)
|
(20)
|
(22)
|
(25)
|
(29)
|
(31)
|
(34)
|
(38)
|
(40)
|
(47)
|
(53)
|
(59)
|
(60)
|
(63)
|
(64)
|
(60)
|
(47)
|
(40)
|
(31)
|
(30)
|
(41)
|
(45)
|
(50)
|
(51)
|
(51)
|
(46)
|
(42)
|
(37)
|
(32)
|
(34)
|
(32)
|
(29)
|
(33)
|
(35)
|
(36)
|
(40)
|
(39)
|
(42)
|
(44)
|
(49)
|
(40)
|
(38)
|
(34)
|
(28)
|
(35)
|
(31)
|
(28)
|
(25)
|
(24)
|
(28)
|
(30)
|
(32)
|
(36)
|
(39)
|
(40)
|
(41)
|
(41)
|
(41)
|
(41)
|
(44)
|
(46)
|
(46)
|
(53)
|
(49)
|
(50)
|
(47)
|
(45)
|
(52)
|
|
| Depreciation & Amortization |
(8)
|
(9)
|
(11)
|
(14)
|
(19)
|
(26)
|
(50)
|
(78)
|
(106)
|
(136)
|
(149)
|
(148)
|
(148)
|
(164)
|
(155)
|
(169)
|
(176)
|
(231)
|
(199)
|
(186)
|
(189)
|
(151)
|
(161)
|
(184)
|
(190)
|
(201)
|
(195)
|
(181)
|
(184)
|
(186)
|
(228)
|
(255)
|
(406)
|
(176)
|
(311)
|
(274)
|
(105)
|
(140)
|
(129)
|
(129)
|
(128)
|
(131)
|
(144)
|
(159)
|
(176)
|
(198)
|
(221)
|
(226)
|
(225)
|
(225)
|
(219)
|
(210)
|
(192)
|
(164)
|
(138)
|
(125)
|
(131)
|
(140)
|
(150)
|
(163)
|
(170)
|
(180)
|
(191)
|
(205)
|
(215)
|
(216)
|
(220)
|
(219)
|
(220)
|
(231)
|
(247)
|
(260)
|
(269)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(8)
|
(8)
|
(8)
|
(8)
|
(0)
|
0
|
0
|
9
|
25
|
25
|
25
|
(4)
|
0
|
0
|
(2)
|
2
|
(2)
|
(2)
|
(2)
|
(3)
|
182
|
182
|
182
|
(3)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
1
|
(1)
|
(1)
|
0
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
0
|
(8)
|
(7)
|
(3)
|
|
| Operating Income |
(8)
N/A
|
2
N/A
|
12
+567%
|
35
+189%
|
59
+70%
|
49
-17%
|
32
-36%
|
22
-30%
|
21
-5%
|
57
+171%
|
99
+73%
|
122
+23%
|
117
-4%
|
110
-6%
|
128
+16%
|
171
+34%
|
223
+30%
|
210
-6%
|
273
+30%
|
233
-14%
|
237
+2%
|
223
-6%
|
259
+16%
|
284
+9%
|
292
+3%
|
290
-1%
|
270
-7%
|
275
+2%
|
253
-8%
|
210
-17%
|
86
-59%
|
(15)
N/A
|
(247)
-1 502%
|
(52)
+79%
|
(22)
+57%
|
20
N/A
|
187
+822%
|
(5)
N/A
|
43
N/A
|
56
+31%
|
88
+56%
|
115
+31%
|
142
+23%
|
184
+29%
|
216
+17%
|
201
-7%
|
178
-12%
|
161
-9%
|
127
-21%
|
108
-15%
|
52
-52%
|
(33)
N/A
|
(63)
-91%
|
(73)
-15%
|
(24)
+67%
|
42
N/A
|
97
+131%
|
154
+59%
|
213
+38%
|
296
+39%
|
317
+7%
|
318
+0%
|
269
-15%
|
198
-27%
|
186
-6%
|
174
-7%
|
174
0%
|
175
+0%
|
152
-13%
|
121
-21%
|
92
-24%
|
57
-38%
|
20
-65%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(0)
|
(3)
|
(4)
|
(10)
|
(4)
|
(5)
|
17
|
(11)
|
(36)
|
(19)
|
(54)
|
(23)
|
(20)
|
(16)
|
(6)
|
(16)
|
16
|
3
|
(16)
|
(8)
|
(22)
|
(27)
|
3
|
20
|
19
|
21
|
22
|
2
|
12
|
38
|
42
|
48
|
48
|
17
|
4
|
4
|
(13)
|
(21)
|
(14)
|
(19)
|
(17)
|
(31)
|
(46)
|
(54)
|
(51)
|
(48)
|
(46)
|
(25)
|
(55)
|
3
|
(72)
|
(90)
|
(76)
|
(109)
|
(76)
|
(101)
|
(88)
|
(127)
|
(105)
|
(90)
|
(98)
|
(75)
|
(58)
|
(55)
|
(57)
|
(66)
|
(70)
|
(66)
|
(67)
|
(70)
|
(81)
|
(82)
|
(94)
|
|
| Non-Reccuring Items |
(9)
|
(7)
|
(7)
|
(4)
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(8)
|
(12)
|
(19)
|
22
|
(32)
|
(28)
|
(20)
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(265)
|
(270)
|
(272)
|
(272)
|
(333)
|
(375)
|
(466)
|
(792)
|
(624)
|
(577)
|
(493)
|
(169)
|
(47)
|
(47)
|
(39)
|
(38)
|
(2)
|
(3)
|
(2)
|
(13)
|
(2)
|
(109)
|
(507)
|
(602)
|
(671)
|
(565)
|
(168)
|
(63)
|
(4)
|
(2)
|
0
|
2
|
0
|
1
|
0
|
0
|
0
|
(1)
|
(1)
|
(3)
|
(7)
|
0
|
0
|
(6)
|
|
| Total Other Income |
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(13)
|
(13)
|
(13)
|
(13)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
3
|
3
|
3
|
(2)
|
(2)
|
(2)
|
(2)
|
1
|
1
|
2
|
3
|
|
| Pre-Tax Income |
(17)
N/A
|
(8)
+51%
|
1
N/A
|
21
+1 642%
|
51
+145%
|
44
-13%
|
49
+9%
|
11
-77%
|
(15)
N/A
|
38
N/A
|
45
+18%
|
100
+120%
|
97
-3%
|
94
-3%
|
114
+20%
|
143
+26%
|
220
+53%
|
234
+7%
|
225
-4%
|
198
-12%
|
195
-2%
|
196
+1%
|
263
+34%
|
304
+16%
|
311
+2%
|
309
-1%
|
292
-6%
|
277
-5%
|
265
-4%
|
(17)
N/A
|
(141)
-727%
|
(239)
-69%
|
(471)
-97%
|
(368)
+22%
|
(393)
-7%
|
(442)
-12%
|
(617)
-40%
|
(650)
-5%
|
(549)
+16%
|
(456)
+17%
|
(98)
+78%
|
37
N/A
|
49
+32%
|
91
+85%
|
128
+40%
|
152
+19%
|
130
-15%
|
134
+4%
|
59
-56%
|
96
+62%
|
(142)
N/A
|
(643)
-351%
|
(754)
-17%
|
(853)
-13%
|
(665)
+22%
|
(227)
+66%
|
(54)
+76%
|
23
N/A
|
106
+358%
|
206
+95%
|
222
+8%
|
245
+10%
|
214
-12%
|
146
-32%
|
132
-9%
|
106
-20%
|
100
-6%
|
105
+4%
|
80
-24%
|
45
-44%
|
12
-74%
|
(24)
N/A
|
(77)
-223%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
2
|
(0)
|
(6)
|
(12)
|
(21)
|
(21)
|
(16)
|
(15)
|
(15)
|
(24)
|
(36)
|
(45)
|
(42)
|
(57)
|
(73)
|
(88)
|
(112)
|
(107)
|
(112)
|
(104)
|
(105)
|
(96)
|
(102)
|
(107)
|
(119)
|
(128)
|
(121)
|
(124)
|
(108)
|
(127)
|
(98)
|
(70)
|
16
|
100
|
125
|
149
|
196
|
185
|
141
|
105
|
(20)
|
(68)
|
(75)
|
(90)
|
(54)
|
(49)
|
(43)
|
(29)
|
(59)
|
(57)
|
(73)
|
19
|
51
|
75
|
102
|
16
|
(14)
|
19
|
(12)
|
(41)
|
(54)
|
(106)
|
(99)
|
(94)
|
(113)
|
(112)
|
(97)
|
(54)
|
(35)
|
(41)
|
(28)
|
(41)
|
(9)
|
|
| Income from Continuing Operations |
(15)
|
(9)
|
(5)
|
9
|
31
|
24
|
33
|
(4)
|
(30)
|
14
|
10
|
55
|
55
|
37
|
41
|
55
|
108
|
127
|
113
|
95
|
90
|
100
|
160
|
197
|
193
|
181
|
171
|
153
|
157
|
(144)
|
(239)
|
(309)
|
(455)
|
(268)
|
(268)
|
(293)
|
(421)
|
(466)
|
(408)
|
(351)
|
(118)
|
(31)
|
(26)
|
2
|
74
|
103
|
87
|
105
|
1
|
39
|
(215)
|
(624)
|
(703)
|
(778)
|
(564)
|
(211)
|
(68)
|
43
|
94
|
165
|
168
|
139
|
115
|
52
|
19
|
(6)
|
3
|
51
|
45
|
3
|
(16)
|
(65)
|
(86)
|
|
| Net Income (Common) |
(15)
N/A
|
(9)
+42%
|
(5)
+42%
|
9
N/A
|
31
+252%
|
24
-23%
|
33
+40%
|
(4)
N/A
|
(30)
-679%
|
14
N/A
|
10
-29%
|
55
+465%
|
55
-1%
|
37
-32%
|
41
+10%
|
55
+35%
|
108
+95%
|
127
+18%
|
113
-11%
|
95
-16%
|
90
-5%
|
100
+11%
|
158
+58%
|
193
+22%
|
181
-6%
|
126
-30%
|
114
-10%
|
75
-34%
|
86
+15%
|
(171)
N/A
|
(261)
-53%
|
(309)
-18%
|
(455)
-47%
|
(268)
+41%
|
(268)
0%
|
(293)
-9%
|
(421)
-44%
|
(466)
-11%
|
(408)
+12%
|
(351)
+14%
|
(118)
+66%
|
(32)
+73%
|
(27)
+16%
|
1
N/A
|
73
+14 440%
|
103
+41%
|
87
-15%
|
105
+21%
|
1
-99%
|
39
+4 200%
|
(215)
N/A
|
(624)
-190%
|
(703)
-13%
|
(778)
-11%
|
(564)
+28%
|
(211)
+63%
|
(68)
+68%
|
43
N/A
|
94
+121%
|
165
+75%
|
168
+2%
|
139
-17%
|
115
-17%
|
52
-55%
|
19
-62%
|
(6)
N/A
|
3
N/A
|
51
+1 404%
|
45
-11%
|
3
-93%
|
(16)
N/A
|
(65)
-307%
|
(86)
-32%
|
|
| EPS (Diluted) |
-1.36
N/A
|
-0.89
+35%
|
-0.41
+54%
|
0.7
N/A
|
2.39
+241%
|
1.64
-31%
|
1.32
-20%
|
-0.15
N/A
|
-1.22
-713%
|
0.55
N/A
|
0.38
-31%
|
2.02
+432%
|
2.15
+6%
|
1.41
-34%
|
1.52
+8%
|
1.94
+28%
|
3.78
+95%
|
4.51
+19%
|
4.05
-10%
|
3.31
-18%
|
3.15
-5%
|
3.52
+12%
|
5.52
+57%
|
6.75
+22%
|
6.33
-6%
|
4.41
-30%
|
3.94
-11%
|
2.59
-34%
|
2.98
+15%
|
-6.01
N/A
|
-9.13
-52%
|
-10.81
-18%
|
-15.91
-47%
|
-9.39
+41%
|
-9.12
+3%
|
-9.87
-8%
|
-13.07
-32%
|
-14.51
-11%
|
-10.22
+30%
|
-8.79
+14%
|
-2.99
+66%
|
-0.79
+74%
|
-0.68
+14%
|
0
N/A
|
1.68
N/A
|
2.4
+43%
|
2.24
-7%
|
2.52
+12%
|
0.02
-99%
|
1.03
+5 050%
|
-5.85
N/A
|
-16.99
-190%
|
-19.16
-13%
|
-21.2
-11%
|
-15.36
+28%
|
-5.74
+63%
|
-1.85
+68%
|
1.15
N/A
|
2.52
+119%
|
4.4
+75%
|
4.54
+3%
|
3.76
-17%
|
3.34
-11%
|
1.54
-54%
|
0.57
-63%
|
-0.19
N/A
|
0.1
N/A
|
1.61
+1 510%
|
1.46
-9%
|
0.1
-93%
|
-0.44
N/A
|
-1.86
-323%
|
-2.46
-32%
|
|