Page 39 - Noble's Basic Industries Virtual Equity Conference 2024

Greenfire Resources Ltd.

SELECTED FINANCIAL ITEMS GFR

(in millions of USD)
CQ3 '23 CQ4 '23 CQ1 '24 CQ2 '24 LTM
Income Statement Key Items
Total Revenue 113.53 117.90 143.76 153.09 528.29
Gross Profit 37.15 23.15 39.47 56.02 155.79
Gross Margin 33% 20% 27% 37% 29%
EBIT 11.60 19.59 (13.88) 37.20 54.51
EBIT Margin 10% 17% -10% 24% 10%
Net Income to Common Shareholders (102.52) (3.53) (34.65) 22.54 (118.16)
Net Margin -90% -3% -24% 15% -22%

Balance Sheet Key Items
Total Assets 886.26 888.58 881.72 911.19 911.19
Cash & Short Term Investments 65.98 109.53 90.23 159.98 159.98
% of Assets 7% 12% 10% 18% 18%
Current Assets -Total 123.39 124.04 116.91 149.63 149.63
% of Assets 14% 14% 13% 16% 16%
Total Liabilities 499.23 478.48 545.80 565.99 565.99
% of Assets 56% 54% 62% 62% 62%
Current Liabilities - Total 167.96 130.28 207.80 264.37 264.37
% of Assets 19% 15% 24% 29% 29%
Long Term Debt 231.52 251.42 231.42 201.26 201.26
% of Assets 26% 28% 26% 22% 22%
Total Equity 517.21 526.26 478.65 497.66 497.66
% of Assets 58% 59% 54% 55% 55%

Cash Flow Statement Key Items
Net Cash Flow - Operating Activities 30.95 19.33 12.60 62.22 125.11
Net Cash Flow - Investing (9.83) 14.22 (27.83) (11.61) (35.05)
Net Cash Flow - Financing 0.05 (0.04) (0.04) (0.04) (0.06)

Source: Capital IQ

PRICE / VOLUME

Source: Channelchek/QuoteMedia

Noble Capital Markets Emerging Growth Consumer / Entertainment / Media Conference