Income Statement Advantage Energy Ltd.

Stocks

AAV

CA00791P1071

Oil & Gas Exploration and Production

Delayed Toronto S.E. Other stock markets 09:54:02 11/06/2026 pm IST			5-day change	1st Jan Change
10.18 ^CAD	+0.49%		-3.42%	-13.29%

09/06	Alberta pitches cheap natural gas for data center boom, at odds with Canada's clean power aims	RE
13/05	Advantage Energy Ltd. 's Equity Buyback announced on May 8, 2025, has expired.	CI

1.IBxtm-59nv3UwVOd1CPHJy4f4yK3VzEBjatnR_ELSls.U0kmybFE2cyBm2HKoU7_SlpIqFf0M3Nbvv5QdaJ-PxNMSxn-2xivrLmRIA

Published financial data: ADVANTAGE ENERGY LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	46Cr	85Cr	50Cr	49Cr	64Cr
Other Revenues, Total	-	90.82L	76.27L	68.07L	58.34L
Total Revenues	46Cr	86Cr	51Cr	50Cr	65Cr
Cost of Goods Sold, Total	12Cr	16Cr	18Cr	23Cr	27Cr
Gross Profit	35Cr	70Cr	33Cr	27Cr	38Cr
Selling General & Admin Expenses, Total	1.99Cr	2.23Cr	2.46Cr	3.31Cr	4.04Cr
Exploration / Drilling Costs, Total	84T	-	-	-	-
Stock-Based Compensation (IS)	40.53L	55.24L	65.46L	38.92L	82.11L
Depreciation & Amortization - (IS)	11Cr	13Cr	15Cr	20Cr	23Cr
Other Operating Expenses	45.11L	7.09Cr	-2.89Cr	-5.59Cr	-3.68Cr
Other Operating Expenses, Total	14Cr	23Cr	15Cr	18Cr	24Cr
Operating Income	21Cr	47Cr	18Cr	9.02Cr	14Cr
Interest Expense, Total	-2.01Cr	-1.98Cr	-3.01Cr	-5.15Cr	-6.09Cr
Interest And Investment Income	-	8L	14.46L	11.98L	12.86L
Net Interest Expenses	-2.01Cr	-1.9Cr	-2.86Cr	-5.03Cr	-5.96Cr
Currency Exchange Gains (Loss)	-	29.06L	-5L	4L	-6L
Other Non Operating Income (Expenses)	-19.86L	-73.81L	-1.48Cr	-41.49L	3L
EBT, Excl. Unusual Items	19Cr	44Cr	14Cr	3.62Cr	7.57Cr
Merger & Related Restructuring Charges	-	-	-	-32.76L	-
Asset Writedown	34Cr	-	-	-	-
EBT, Incl. Unusual Items	53Cr	44Cr	14Cr	3.29Cr	7.57Cr
Income Tax Expense	12Cr	11Cr	3.56Cr	1.28Cr	2.47Cr
Earnings From Continuing Operations	41Cr	34Cr	10Cr	2.01Cr	5.1Cr
Net Income to Company	41Cr	34Cr	10Cr	2.01Cr	5.1Cr
Minority Interest	2L	9L	13.24L	16.07L	20.49L
Net Income - (IS)	41Cr	34Cr	10Cr	2.17Cr	5.31Cr
Net Income to Common Incl Extra Items	41Cr	34Cr	10Cr	2.17Cr	5.31Cr
Net Income to Common Excl. Extra Items	41Cr	34Cr	10Cr	2.17Cr	5.31Cr
Per Share Items
Net EPS - Basic	2.17	1.81	0.61	0.13	0.32
Basic EPS - Continuing Operations	2.17	1.81	0.61	0.13	0.32
Basic Weighted Average Shares Outstanding	19Cr	19Cr	17Cr	16Cr	17Cr
Net EPS - Diluted	2.07	1.75	0.59	0.13	0.31
Diluted EPS - Continuing Operations	2.07	1.75	0.59	0.13	0.31
Diluted Weighted Average Shares Outstanding	20Cr	19Cr	17Cr	17Cr	17Cr
Normalized Basic EPS	0.63	1.48	0.52	0.15	0.3
Normalized Diluted EPS	0.6	1.43	0.5	0.15	0.29
Supplemental Items
EBITDA	32Cr	60Cr	33Cr	29Cr	36Cr
EBITA	21Cr	47Cr	18Cr	9.36Cr	14Cr
EBIT	21Cr	47Cr	18Cr	9.02Cr	14Cr
Total Revenues (As Reported)	46Cr	78Cr	54Cr	55Cr	69Cr
Effective Tax Rate - (Ratio)	22.74	23.74	26.22	38.9	32.64
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	12Cr	11Cr	3.56Cr	1.28Cr	2.47Cr
Normalized Net Income	12Cr	28Cr	8.63Cr	2.42Cr	4.94Cr
Distributable Cash	-	28Cr	3.08Cr	-6.17Cr	-2.25Cr
Interest Capitalized	-	-	5L	16.46L	92.86L
Interest on Long-Term Debt	1.13Cr	94.57L	2.21Cr	5.31Cr	7.01Cr
Supplemental Operating Expense Items
General and Administrative Expenses	1.99Cr	2.23Cr	2.46Cr	3.31Cr	4.04Cr
Exploration/Drilling Costs	84T	-	-	-	-
Stock-Based Comp., G&A Exp. (Total)	-	-	-	-	-
Stock-Based Comp., Other (Total)	50.75L	55.24L	65.46L	38.92L	82.11L
Total Stock-Based Compensation	50.75L	55.24L	65.46L	38.92L	82.11L

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	2.52Cr	4.89Cr	1.93Cr	2.01Cr	1.77Cr
Total Cash And Short Term Investments	2.52Cr	4.89Cr	1.93Cr	2.01Cr	1.77Cr
Accounts Receivable, Total	4.99Cr	8.7Cr	4.96Cr	7.96Cr	8.19Cr
Other Receivables	48.82L	57.69L	37.74L	36.27L	31.03L
Total Receivables	5.48Cr	9.28Cr	5.34Cr	8.32Cr	8.5Cr
Prepaid Expenses	34.83L	1.46Cr	1.66Cr	1Cr	1.1Cr
Other Current Assets, Total	3L	2.24Cr	3.12Cr	5.04Cr	3.48Cr
Total Current Assets	8.38Cr	18Cr	12Cr	16Cr	15Cr
Gross Property Plant And Equipment	299.36Cr	321.72Cr	351.48Cr	431.87Cr	470.86Cr
Accumulated Depreciation	-114.31Cr	-127.7Cr	-142.56Cr	-162.38Cr	-185.09Cr
Net Property Plant And Equipment	185.05Cr	194.02Cr	208.92Cr	269.49Cr	285.77Cr
Other Intangibles, Total	29.91L	40.11L	53.63L	52.46L	2.28Cr
Deferred Tax Assets Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	5.77Cr	9.4Cr	8.4Cr	8.22Cr	4.19Cr
Total Assets	199.5Cr	221.7Cr	229.9Cr	294.6Cr	307.1Cr
Liabilities
Accounts Payable, Total	7.66Cr	7.83Cr	6.6Cr	12Cr	11Cr
Accrued Expenses, Total	98.8L	1.21Cr	99.29L	59.43L	67.82L
Current Portion of Long-Term Debt	36.96L	42.69L	48.13L	11Cr	26Cr
Current Portion of Leases	4L	4L	5L	9L	13.25L
Unearned Revenue Current, Total	-	-	-	9L	7L
Other Current Liabilities	48.22L	1.27Cr	1.51Cr	1.59Cr	44.02L
Total Current Liabilities	9.54Cr	11Cr	9.64Cr	25Cr	38Cr
Long-Term Debt	26Cr	28Cr	35Cr	68Cr	62Cr
Long-Term Leases	18.09L	17.2L	14.45L	18.91L	15.82L
Unearned Revenue Non Current	-	-	-	47.87L	41.27L
Deferred Tax Liability Non Current	9.63Cr	20Cr	24Cr	25Cr	28Cr
Other Non Current Liabilities	8.43Cr	5.8Cr	6.05Cr	13Cr	9.92Cr
Total Liabilities	53Cr	65Cr	74Cr	131.18Cr	138.26Cr
Common Stock, Total	237.07Cr	210.5Cr	195.22Cr	198.92Cr	198.77Cr
Additional Paid In Capital	11Cr	14Cr	19Cr	19Cr	20Cr
Retained Earnings	-102.32Cr	-68Cr	-58Cr	-56Cr	-51Cr
Comprehensive Income and Other	-	-	-	1.29Cr	1.29Cr
Total Common Equity	145.78Cr	156.33Cr	155.63Cr	163.57Cr	169.2Cr
Minority Interest	23.31L	14.25L	1L	-15.06L	-35.55L
Total Equity	146.01Cr	156.47Cr	155.64Cr	163.42Cr	168.84Cr
Total Liabilities And Equity	199.5Cr	221.7Cr	229.9Cr	294.6Cr	307.1Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	19Cr	17Cr	16Cr	17Cr	17Cr
ECS Total Common Shares Outstanding	19Cr	17Cr	16Cr	17Cr	17Cr
Book Value / Share	7.64	9.11	9.59	9.8	10.14
Tangible Book Value	145.48Cr	155.92Cr	155.09Cr	163.04Cr	166.92Cr
Tangible Book Value Per Share	7.62	9.08	9.56	9.77	10
Total Debt	26Cr	29Cr	35Cr	79Cr	88Cr
Net Debt	24Cr	24Cr	33Cr	77Cr	86Cr
Minority Interest, Total (Incl. Fin. Div)	23.31L	14.25L	1L	-15.06L	-35.55L
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	67.73L	76L	-	-	-
Full Time Employees	42	52	61	82	99

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	41Cr	34Cr	10Cr	2.17Cr	5.31Cr
Depreciation & Amortization - CF	11Cr	13Cr	15Cr	20Cr	23Cr
Amortization of Goodwill and Intangible Assets - (CF)	11.08L	14.2L	15.57L	33.93L	21.18L
Depreciation & Amortization, Total	11Cr	14Cr	15Cr	20Cr	23Cr
Asset Writedown & Restructuring Costs	-34Cr	-	-	-	-
Stock-Based Compensation (CF)	40.53L	55.24L	65.46L	28.21L	82.11L
Other Operating Activities, Total	5.1Cr	3.5Cr	5.1Cr	1.22Cr	7.34Cr
Change in Other Net Operating Assets	-1.06Cr	-1.22Cr	1.38Cr	-2.08Cr	-66.97L
Cash from Operations	22Cr	50Cr	32Cr	22Cr	36Cr
Capital Expenditure	-14Cr	-24Cr	-28Cr	-30Cr	-39Cr
Sale of Property, Plant, and Equipment	-	-	-	1.14Cr	40L
Cash Acquisitions	-	-	-	-45Cr	-3.11Cr
Sale (Purchase) of Intangible assets	-5L	-10.2L	-14.65L	-11.35L	-10L
Other Investing Activities, Total	2.01Cr	-2.78Cr	35T	3.92Cr	-30.68L
Cash from Investing	-12Cr	-27Cr	-28Cr	-70Cr	-42Cr
Long-Term Debt Issued, Total	-	3.1Cr	5.2Cr	45Cr	13Cr
Total Debt Issued	-	3.1Cr	5.2Cr	45Cr	13Cr
Long-Term Debt Repaid, Total	-8Cr	-4L	-49.07L	-55.99L	-6.38Cr
Total Debt Repaid	-8Cr	-4L	-49.07L	-55.99L	-6.38Cr
Issuance of Common Stock	-	-	-	6.21Cr	-
Repurchase of Common Stock	-	-24Cr	-12Cr	-2.17Cr	-67.25L
Other Financing Activities, Total	-33.76L	12.17L	-	-	-
Cash from Financing	-8.34Cr	-21Cr	-7.03Cr	48Cr	6.21Cr
Net Change in Cash	2.2Cr	2.37Cr	-2.97Cr	9L	-24.11L
Supplemental Items
Cash Interest Paid	2.02Cr	-	2.78Cr	4.33Cr	4.71Cr
Levered Free Cash Flow	11Cr	12Cr	-2.03Cr	-6.75Cr	-11Cr
Unlevered Free Cash Flow	13Cr	14Cr	-15.37L	-3.53Cr	-7.48Cr
Change In Net Working Capital	-1.68Cr	5.47Cr	-1.2Cr	-58.52L	54.89L
Net Debt Issued / Repaid	-8Cr	3.07Cr	4.71Cr	44Cr	6.88Cr

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	7.58	13.84	4.98	2.15	2.82
Return on Total Capital	8.6	16.29	5.95	2.6	3.4
Return On Equity %	32.9	22.33	6.43	1.26	3.07
Return on Common Equity	32.95	22.42	6.51	1.36	3.19
Margin Analysis
Gross Profit Margin %	75.17	81.46	64.97	54.41	58.14
SG&A Margin	4.28	2.6	4.84	6.65	6.25
EBITDA Margin %	69.2	70.07	64.7	58.47	56.37
EBITA Margin %	46.28	54.51	35.6	18.8	21.33
EBIT Margin %	46.04	54.35	35.29	18.12	21
Income From Continuing Operations Margin %	88.56	39.36	19.68	4.04	7.9
Net Income Margin %	88.59	39.47	19.94	4.36	8.21
Net Avail. For Common Margin %	88.59	39.47	19.94	4.36	8.21
Normalized Net Income Margin	25.84	32.36	16.93	4.87	7.64
Levered Free Cash Flow Margin	24.33	14.39	-3.99	-13.56	-17.47
Unlevered Free Cash Flow Margin	27.04	15.83	-0.3	-7.1	-11.58
Asset Turnover
Asset Turnover	0.26	0.41	0.23	0.19	0.21
Fixed Assets Turnover	0.28	0.45	0.25	0.21	0.23
Receivables Turnover (Average Receivables)	12.06	12.4	7.34	7.6	7.93
Short Term Liquidity
Current Ratio	0.88	1.66	1.25	0.65	0.39
Quick Ratio	0.84	1.31	0.75	0.41	0.27
Operating Cash Flow to Current Liabilities	2.34	4.66	3.35	0.87	0.93
Days Sales Outstanding (Average Receivables)	30.25	29.43	49.7	48.16	46.03
Average Days Payable Outstanding	179.81	172.19	147.6	151	152.45
Long Term Solvency
Total Debt/Equity	18.01	18.52	22.74	48.28	52.14
Total Debt / Total Capital	15.26	15.63	18.53	32.56	34.27
LT Debt/Equity	17.73	18.22	22.4	41.47	36.62
Long-Term Debt / Total Capital	15.03	15.37	18.25	27.97	24.07
Total Liabilities / Total Assets	26.81	29.42	32.3	44.53	45.02
EBIT / Interest Expense	10.64	23.55	5.97	1.75	2.23
EBITDA / Interest Expense	16.01	30.38	10.97	5.67	6
(EBITDA - Capex) / Interest Expense	9.18	18.22	1.62	-0.2	-0.42
Total Debt / EBITDA	0.82	0.48	1.07	2.7	2.41
Net Debt / EBITDA	0.74	0.4	1.01	2.63	2.36
Total Debt / (EBITDA - Capex)	1.43	0.8	7.25	-78.03	-34.33
Net Debt / (EBITDA - Capex)	1.29	0.67	6.86	-76.04	-33.64
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	97.99	84.74	-40.63	-2.31	29.78
Gross Profit, 1 Yr. Growth %	151.58	100.19	-52.65	-18.2	38.68
EBITDA, 1 Yr. Growth %	166.47	87.06	-45.19	-11.71	25.12
EBITA, 1 Yr. Growth %	2.04T	117.58	-61.23	-48.4	47.22
EBIT, 1 Yr. Growth %	2.21T	118.04	-61.45	-49.84	50.41
Earnings From Cont. Operations, 1 Yr. Growth %	-244.82	-17.89	-70.31	-79.94	153.59
Net Income, 1 Yr. Growth %	-244.88	-17.7	-70	-78.62	144.26
Normalized Net Income, 1 Yr. Growth %	-3.14T	131.36	-68.94	-71.92	103.78
Diluted EPS Before Extra, 1 Yr. Growth %	-236.83	-15.46	-66.29	-77.97	138.46
Accounts Receivable, 1 Yr. Growth %	83.99	74.49	-43.01	60.39	2.9
Net Property, Plant and Equip., 1 Yr. Growth %	26.39	4.85	7.68	28.99	6.04
Total Assets, 1 Yr. Growth %	30.08	11.13	3.7	28.14	4.24
Tangible Book Value, 1 Yr. Growth %	39.86	7.18	-0.53	5.12	2.38
Common Equity, 1 Yr. Growth %	40.15	7.23	-0.45	5.1	3.44
Cash From Operations, 1 Yr. Growth %	121.57	125.13	-35.64	-32.72	64.34
Capital Expenditures, 1 Yr. Growth %	-13.41	61.69	16.85	7.32	29.43
Levered Free Cash Flow, 1 Yr. Growth %	-278.84	27.69	-115.89	231.75	67.17
Unlevered Free Cash Flow, 1 Yr. Growth %	-344.43	24.33	-101.09	2.2T	111.71
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	37	91.25	4.72	-23.85	12.6
Gross Profit, 2 Yr. CAGR %	49.35	124.42	-2.64	-37.76	6.51
EBITDA, 2 Yr. CAGR %	90.24	123.26	1.26	-30.44	5.1
EBITA, 2 Yr. CAGR %	167.32	582.06	-8.16	-55.27	-12.84
EBIT, 2 Yr. CAGR %	162.58	609.74	-8.32	-56.03	-13.14
Earnings From Cont. Operations, 2 Yr. CAGR %	308.47	9.05	-50.63	-75.6	-28.68
Net Income, 2 Yr. CAGR %	308.56	9.19	-50.31	-74.68	-27.74
Normalized Net Income, 2 Yr. CAGR %	107.67	738.83	-15.23	-70.46	-24.35
Diluted EPS Before Extra, 2 Yr. CAGR %	295.88	7.55	-46.61	-72.74	-27.51
Accounts Receivable, 2 Yr. CAGR %	33.43	79.18	-0.28	-4.4	28.47
Net Property, Plant and Equip., 2 Yr. CAGR %	2.18	15.12	6.25	17.85	16.96
Total Assets, 2 Yr. CAGR %	4.74	20.23	7.35	15.27	15.58
Tangible Book Value, 2 Yr. CAGR %	5.14	22.44	3.25	2.26	3.74
Common Equity, 2 Yr. CAGR %	5.25	22.59	3.32	2.29	4.27
Cash From Operations, 2 Yr. CAGR %	19.58	123.34	20.37	-34.2	5.15
Capital Expenditures, 2 Yr. CAGR %	-11.06	23.2	37.45	11.98	17.86
Levered Free Cash Flow, 2 Yr. CAGR %	122.86	39.77	-54.13	-27.4	135.5
Unlevered Free Cash Flow, 2 Yr. CAGR %	194.67	62.6	-88.14	-49.85	597.42
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	27.33	51.36	29.49	2.32	-9.04
Gross Profit, 3 Yr. CAGR %	34.73	64.67	33.6	-8.13	-18.71
EBITDA, 3 Yr. CAGR %	29.54	89.18	39.8	-3.26	-15.4
EBITA, 3 Yr. CAGR %	95.4	149.59	162.24	-24.22	-33.47
EBIT, 3 Yr. CAGR %	97.44	146.81	168.79	-25.01	-33.74
Earnings From Cont. Operations, 3 Yr. CAGR %	233.21	139.28	-29.32	-63.43	-46.75
Net Income, 3 Yr. CAGR %	233.25	139.49	-29.02	-62.49	-46.09
Normalized Net Income, 3 Yr. CAGR %	124.56	115.29	179.6	-41.34	-43.77
Diluted EPS Before Extra, 3 Yr. CAGR %	225.97	136.63	-26.94	-60.25	-43.84
Accounts Receivable, 3 Yr. CAGR %	24.33	45.91	22.3	16.83	-2.02
Net Property, Plant and Equip., 3 Yr. CAGR %	3.03	3.06	12.58	13.35	13.78
Total Assets, 3 Yr. CAGR %	4.05	6.83	14.45	13.88	11.47
Tangible Book Value, 3 Yr. CAGR %	2.98	5.81	14.24	3.87	2.3
Common Equity, 3 Yr. CAGR %	3.05	5.9	14.37	3.91	2.67
Cash From Operations, 3 Yr. CAGR %	14.35	47.65	47.52	-0.85	-10.72
Capital Expenditures, 3 Yr. CAGR %	-13.71	11.51	21.05	26.57	17.52
Levered Free Cash Flow, 3 Yr. CAGR %	9.14	75.71	-31.46	-11.29	-4.13
Unlevered Free Cash Flow, 3 Yr. CAGR %	16.17	110.98	-68.95	-31.37	-18.94
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	24.22	30.62	17.75	14.99	22.45
Gross Profit, 5 Yr. CAGR %	21.91	32.77	18.32	11.58	22.02
EBITDA, 5 Yr. CAGR %	25.02	18.43	17.39	26.79	24.72
EBITA, 5 Yr. CAGR %	81.3	27.25	44.47	25.48	68.79
EBIT, 5 Yr. CAGR %	78.23	27.34	45.27	23.79	71.07
Earnings From Cont. Operations, 5 Yr. CAGR %	92.08	28.87	55.25	-3.99	-29.07
Net Income, 5 Yr. CAGR %	92.09	28.94	55.66	-2.5	-28.51
Normalized Net Income, 5 Yr. CAGR %	56.67	27.41	52.09	-2.74	65.75
Diluted EPS Before Extra, 5 Yr. CAGR %	87.22	28.47	58.08	-0.32	-27.17
Accounts Receivable, 5 Yr. CAGR %	14.74	27.95	13.83	23.21	24.73
Net Property, Plant and Equip., 5 Yr. CAGR %	4.76	3.89	4.31	8.74	14.31
Total Assets, 5 Yr. CAGR %	5.92	5.56	5.36	10.13	14.9
Tangible Book Value, 5 Yr. CAGR %	3.78	3.52	3.09	4.38	9.92
Common Equity, 5 Yr. CAGR %	3.83	3.57	3.16	4.44	10.22
Cash From Operations, 5 Yr. CAGR %	4.99	21.93	16.72	6.87	28.84
Capital Expenditures, 5 Yr. CAGR %	1.53	1.06	5.65	11.7	19.76
Levered Free Cash Flow, 5 Yr. CAGR %	31.32	18.33	-25.21	24.29	12.29
Unlevered Free Cash Flow, 5 Yr. CAGR %	29.28	22.68	-54.65	19.55	7.79