Encore Energy Corp. income statement
In fiscal 2025, Encore Energy Corp. reported revenue of $43.2m, down 26.0% on the year before, operating income of −$65.8m (a -152.4% margin) and net income of −$56.9m, or −$0.30 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|
| Revenue | 4 | 22 | 58 | 43 | 55 |
| Cost of revenue | 3 | 20 | 66 | 33 | 49 |
| Gross profit | 2 | 3 | −7 | 10 | 6 |
| General and administrative | 12 | 20 | 27 | 43 | 48 |
| Operating income | −26 | −41 | −72 | −66 | −50 |
| Interest expense | 0 | 4 | 2 | 3 | 6 |
| Income before tax | −23 | 26 | −74 | −64 | −71 |
| Income tax | −0 | −1 | −6 | −0 | −0 |
| Net income | −23 | −26 | −61 | −57 | −62 |
| Diluted EPS | −$0.22 | −$0.18 | −$0.34 | −$0.30 | −$0.33 |
| Diluted shares (average) | 106m | 144m | 182m | 187m | 190m |
| EBITDA | −25 | −35 | −69 | −60 | −44 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 9 | 13 | 18 | 4 | 9 | 12 | 18 | 16 |
| Cost of revenue | 11 | 14 | 18 | 3 | 5 | 8 | 18 | 18 |
| Gross profit | −1 | −0 | −0 | 1 | 4 | 5 | −0 | −3 |
| General and administrative | 9 | 5 | 8 | 10 | 12 | 13 | 10 | 14 |
| Operating income | −17 | −20 | −16 | −19 | −14 | −17 | 10 | −29 |
| Interest expense | 0 | 0 | 0 | 0 | 1 | 2 | 2 | 2 |
| Income before tax | −19 | −19 | −26 | −9 | −6 | −23 | 2 | −45 |
| Income tax | −0 | 0 | −0 | 0 | 0 | −0 | −0 | 0 |
| Net income | −16 | −17 | −24 | −6 | −5 | −22 | 5 | −41 |
| Diluted EPS | −$0.09 | −$0.09 | −$0.13 | −$0.03 | −$0.03 | −$0.11 | $0.03 | −$0.21 |
| EBITDA | −17 | −19 | −14 | −18 | −13 | −15 | 11 | −28 |
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