
International Petroleum Corp
STO:IPCO

Income Statement
Earnings Waterfall
International Petroleum Corp
Revenue
|
797.8m
USD
|
Cost of Revenue
|
-587.6m
USD
|
Gross Profit
|
210.2m
USD
|
Operating Expenses
|
-15.3m
USD
|
Operating Income
|
194.9m
USD
|
Other Expenses
|
-92.7m
USD
|
Net Income
|
102.2m
USD
|
Income Statement
International Petroleum Corp
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||
Revenue |
210
N/A
|
216
+3%
|
209
-3%
|
208
0%
|
203
-2%
|
266
+31%
|
338
+27%
|
397
+17%
|
454
+14%
|
487
+7%
|
495
+2%
|
520
+5%
|
554
+6%
|
487
-12%
|
402
-17%
|
366
-9%
|
324
-12%
|
378
+17%
|
477
+26%
|
554
+16%
|
666
+20%
|
793
+19%
|
967
+22%
|
1 095
+13%
|
1 129
+3%
|
1 067
-6%
|
955
-10%
|
912
-5%
|
854
-6%
|
868
+2%
|
881
+2%
|
797
-10%
|
798
+0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||
Cost of Revenue |
(175)
|
0
|
0
|
0
|
(151)
|
0
|
0
|
0
|
(308)
|
(186)
|
(276)
|
(384)
|
(401)
|
(393)
|
(365)
|
(347)
|
(335)
|
(338)
|
(387)
|
(411)
|
(456)
|
(502)
|
(548)
|
(594)
|
(613)
|
(605)
|
(602)
|
(606)
|
(603)
|
(626)
|
(620)
|
(590)
|
(588)
|
|
Gross Profit |
34
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
52
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
147
N/A
|
73
-50%
|
112
+54%
|
136
+21%
|
153
+12%
|
94
-39%
|
38
-60%
|
20
-47%
|
(11)
N/A
|
40
N/A
|
90
+129%
|
143
+59%
|
210
+47%
|
291
+39%
|
419
+44%
|
501
+20%
|
517
+3%
|
462
-11%
|
353
-24%
|
306
-13%
|
251
-18%
|
241
-4%
|
261
+8%
|
207
-21%
|
210
+1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||
Operating Expenses |
(11)
|
(286)
|
(160)
|
(163)
|
(14)
|
(211)
|
(248)
|
(277)
|
(11)
|
(130)
|
(55)
|
15
|
(12)
|
(12)
|
(12)
|
(13)
|
(13)
|
(86)
|
(86)
|
(86)
|
(12)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(15)
|
(16)
|
(18)
|
1
|
1
|
(18)
|
(15)
|
|
Selling, General & Administrative |
(2)
|
(1)
|
(5)
|
(7)
|
(10)
|
(13)
|
(14)
|
(14)
|
(11)
|
(11)
|
(10)
|
(10)
|
(12)
|
(12)
|
(12)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(12)
|
(14)
|
(14)
|
(14)
|
(13)
|
(14)
|
(14)
|
(15)
|
(17)
|
(17)
|
(17)
|
(17)
|
(15)
|
|
Research & Development |
(14)
|
(52)
|
(58)
|
(69)
|
(4)
|
(103)
|
(129)
|
(147)
|
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
|
|
Depreciation & Amortization |
0
|
(109)
|
(102)
|
(92)
|
0
|
(95)
|
(105)
|
(116)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(0)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Other Operating Expenses |
5
|
(125)
|
5
|
5
|
0
|
0
|
0
|
0
|
0
|
(119)
|
(45)
|
25
|
0
|
0
|
0
|
0
|
0
|
(73)
|
(73)
|
(73)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
19
|
19
|
0
|
1
|
|
Operating Income |
23
N/A
|
(71)
N/A
|
49
N/A
|
45
-9%
|
38
-15%
|
55
+45%
|
91
+63%
|
120
+33%
|
136
+13%
|
171
+26%
|
165
-4%
|
151
-8%
|
141
-7%
|
82
-42%
|
26
-69%
|
7
-72%
|
(24)
N/A
|
(46)
-96%
|
4
N/A
|
57
+1 284%
|
198
+245%
|
278
+40%
|
405
+46%
|
487
+20%
|
502
+3%
|
448
-11%
|
338
-24%
|
290
-14%
|
232
-20%
|
242
+4%
|
262
+8%
|
189
-28%
|
195
+3%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||
Interest Income Expense |
19
|
39
|
25
|
28
|
(1)
|
3
|
(9)
|
(9)
|
(32)
|
(26)
|
(17)
|
(24)
|
(8)
|
(33)
|
(21)
|
(9)
|
(0)
|
19
|
9
|
(5)
|
(15)
|
(11)
|
(22)
|
(19)
|
(22)
|
(22)
|
(13)
|
(7)
|
(7)
|
(11)
|
(15)
|
(14)
|
(44)
|
|
Non-Reccuring Items |
(129)
|
0
|
(126)
|
(126)
|
0
|
0
|
0
|
0
|
25
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(73)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
12
|
19
|
0
|
0
|
7
|
0
|
|
Total Other Income |
(4)
|
(4)
|
(4)
|
(4)
|
(14)
|
(16)
|
(19)
|
(21)
|
(15)
|
(16)
|
(16)
|
(17)
|
(10)
|
(10)
|
(10)
|
(10)
|
(15)
|
(13)
|
(14)
|
(14)
|
(16)
|
(17)
|
(17)
|
(16)
|
(16)
|
(14)
|
(14)
|
(15)
|
(15)
|
(16)
|
(16)
|
(16)
|
(16)
|
|
Pre-Tax Income |
(91)
N/A
|
(36)
+61%
|
(56)
-57%
|
(57)
-2%
|
23
N/A
|
42
+80%
|
63
+48%
|
90
+44%
|
114
+26%
|
129
+13%
|
132
+2%
|
110
-16%
|
123
+11%
|
39
-68%
|
(5)
N/A
|
(11)
-134%
|
(112)
-915%
|
(41)
+64%
|
(1)
+97%
|
38
N/A
|
168
+341%
|
249
+49%
|
366
+47%
|
452
+23%
|
465
+3%
|
412
-11%
|
311
-25%
|
280
-10%
|
228
-18%
|
215
-6%
|
232
+8%
|
166
-28%
|
136
-18%
|
|
Net Income | ||||||||||||||||||||||||||||||||||
Tax Provision |
(5)
|
(5)
|
(4)
|
(5)
|
(1)
|
2
|
(4)
|
(7)
|
(10)
|
(18)
|
(17)
|
(16)
|
(19)
|
(9)
|
8
|
17
|
34
|
30
|
13
|
(4)
|
(22)
|
(49)
|
(82)
|
(108)
|
(127)
|
(116)
|
(88)
|
(75)
|
(55)
|
(47)
|
(51)
|
(34)
|
(33)
|
|
Income from Continuing Operations |
(96)
|
(40)
|
(60)
|
(62)
|
23
|
45
|
59
|
83
|
104
|
110
|
115
|
95
|
104
|
30
|
3
|
6
|
(78)
|
(11)
|
12
|
34
|
146
|
200
|
284
|
343
|
338
|
296
|
223
|
204
|
173
|
167
|
180
|
132
|
102
|
|
Income to Minority Interest |
(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)
|
|
Net Income (Common) |
(96)
N/A
|
(40)
+58%
|
(60)
-50%
|
(62)
-4%
|
23
N/A
|
45
+96%
|
59
+32%
|
83
+41%
|
104
+24%
|
110
+7%
|
115
+4%
|
95
-18%
|
104
+10%
|
30
-71%
|
3
-90%
|
6
+80%
|
(78)
N/A
|
(11)
+86%
|
12
N/A
|
34
+177%
|
146
+330%
|
200
+37%
|
283
+42%
|
343
+21%
|
338
-2%
|
296
-12%
|
223
-25%
|
204
-8%
|
173
-15%
|
167
-3%
|
180
+8%
|
131
-27%
|
102
-22%
|
|
EPS (Diluted) |
-0.84
N/A
|
-0.35
+58%
|
-0.96
-174%
|
-0.7
+27%
|
0.23
N/A
|
0.5
+117%
|
0.65
+30%
|
0.92
+42%
|
1.12
+22%
|
0.66
-41%
|
0.68
+3%
|
0.57
-16%
|
0.62
+9%
|
0.19
-69%
|
0
N/A
|
0.02
N/A
|
-0.5
N/A
|
-0.07
+86%
|
0.08
N/A
|
0.21
+163%
|
0.92
+338%
|
1.26
+37%
|
1.83
+45%
|
2.36
+29%
|
2.25
-5%
|
2.13
-5%
|
1.65
-23%
|
1.55
-6%
|
1.28
-17%
|
1.3
+2%
|
1.41
+8%
|
1.05
-26%
|
0.81
-23%
|