Gran Historical Income Statement

GTE Stock  CAD 9.47  0.79  9.10%   
Historical analysis of Gran Tierra income statement accounts such as Selling General Administrative of 38 M or Total Revenue of 433.5 M can show how well Gran Tierra Energy performed in making a profits. Evaluating Gran Tierra income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Gran Tierra's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Gran Tierra Energy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Gran Tierra Energy is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gran Tierra Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Gran Income Statement Analysis

Gran Tierra Energy Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Gran Tierra shareholders. The income statement also shows Gran investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Gran Tierra Income Statement Chart

At this time, Gran Tierra's Tax Provision is very stable compared to the past year. As of the 28th of November 2024, Interest Income is likely to grow to about 2.1 M, while Depreciation And Amortization is likely to drop about 176 M.

Total Revenue

Total revenue comprises all receipts Gran Tierra Energy generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Gran Tierra Energy minus its cost of goods sold. It is profit before Gran Tierra operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Gran Tierra Energy. It is also known as Gran Tierra overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Gran Tierra's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Gran Tierra Energy current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gran Tierra Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Gran Tierra's Tax Provision is very stable compared to the past year. As of the 28th of November 2024, Interest Income is likely to grow to about 2.1 M, while Depreciation And Amortization is likely to drop about 176 M.
 2021 2022 2023 2024 (projected)
Gross Profit333.8M531.1M421.4M277.7M
Total Revenue473.7M711.4M637.0M433.5M

Gran Tierra income statement Correlations

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-0.09-0.150.160.2-0.040.420.110.03-0.01-0.2-0.06-0.24-0.090.070.53-0.19-0.740.71-0.29-0.990.750.53
0.68-0.150.830.70.690.470.550.840.50.570.480.240.410.57-0.20.330.050.030.140.16-0.060.1
0.620.160.830.880.70.640.770.970.540.570.650.370.580.69-0.010.47-0.30.39-0.02-0.140.330.17
0.20.20.70.880.340.80.950.860.060.530.710.50.70.61-0.190.62-0.340.46-0.04-0.180.320.17
0.89-0.040.690.70.340.020.170.690.850.660.20.040.10.370.250.01-0.050.02-0.110.060.09-0.22
0.020.420.470.640.80.020.810.63-0.07-0.040.70.390.670.66-0.210.6-0.420.650.22-0.40.470.6
0.030.110.550.770.950.170.810.78-0.080.410.790.610.790.63-0.320.74-0.320.46-0.01-0.090.260.12
0.640.030.840.970.860.690.630.780.520.560.720.460.650.77-0.150.56-0.220.320.03-0.010.240.11
0.92-0.010.50.540.060.85-0.07-0.080.520.240.1-0.1-0.030.360.31-0.1-0.020.020.030.020.120.05
0.39-0.20.570.570.530.66-0.040.410.560.240.180.230.20.10.030.120.01-0.13-0.340.21-0.1-0.59
0.19-0.060.480.650.710.20.70.790.720.10.180.890.980.85-0.410.96-0.320.450.040.050.190.16
-0.01-0.240.240.370.50.040.390.610.46-0.10.230.890.920.63-0.40.93-0.250.31-0.10.220.05-0.12
0.06-0.090.410.580.70.10.670.790.65-0.030.20.980.920.72-0.410.98-0.250.40.040.090.150.1
0.460.070.570.690.610.370.660.630.770.360.10.850.630.72-0.340.7-0.450.490.0-0.080.260.3
0.150.53-0.2-0.01-0.190.25-0.21-0.32-0.150.310.03-0.41-0.4-0.41-0.34-0.53-0.340.41-0.13-0.470.410.11
-0.01-0.190.330.470.620.010.60.740.56-0.10.120.960.930.980.7-0.53-0.170.30.050.170.060.05
0.03-0.740.05-0.3-0.34-0.05-0.42-0.32-0.22-0.020.01-0.32-0.25-0.25-0.45-0.34-0.17-0.850.430.73-0.65-0.31
-0.040.710.030.390.460.020.650.460.320.02-0.130.450.310.40.490.410.3-0.85-0.07-0.660.780.54
0.06-0.290.14-0.02-0.04-0.110.22-0.010.030.03-0.340.04-0.10.040.0-0.130.050.43-0.070.360.070.41
0.09-0.990.16-0.14-0.180.06-0.4-0.09-0.010.020.210.050.220.09-0.08-0.470.170.73-0.660.36-0.72-0.52
0.050.75-0.060.330.320.090.470.260.240.12-0.10.190.050.150.260.410.06-0.650.780.07-0.720.56
0.040.530.10.170.17-0.220.60.120.110.05-0.590.16-0.120.10.30.110.05-0.310.540.41-0.520.56
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Gran Tierra Account Relationship Matchups

Gran Tierra income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization225.0M164.2M139.9M180.3M215.6M176.0M
Interest Expense39.9M50.5M50.6M43.0M53.8M56.5M
Selling General Administrative34.7M23.7M36.3M41.0M45.8M38.0M
Total Revenue571.0M237.8M473.7M711.4M637.0M433.5M
Gross Profit346.0M73.6M333.8M531.1M421.4M277.7M
Other Operating Expenses463.4M313.1M323.5M393.8M247.3M319.3M
Operating Income92.1M(79.0M)146.4M317.1M389.7M409.2M
Ebit102.2M(79.0M)101.4M291.0M156.1M91.3M
Ebitda327.2M85.3M241.3M471.2M371.7M267.4M
Cost Of Revenue225.0M164.2M139.9M180.3M215.6M155.8M
Total Operating Expenses238.3M148.8M183.6M213.5M45.8M43.6M
Income Before Tax96.0M(853.4M)23.1M244.9M106.2M111.5M
Total Other Income Expense Net(9.9M)(776.5M)(127.1M)(72.6M)(283.5M)(269.4M)
Net Income38.7M(778.0M)42.5M139.0M(6.3M)(6.6M)
Income Tax Expense57.3M(75.4M)(19.3M)105.9M112.4M118.1M
Net Income From Continuing Ops38.7M(778.0M)42.5M139.0M(6.3M)(6.6M)
Net Income Applicable To Common Shares38.7M(778.0M)42.5M139.0M159.9M167.9M
Tax Provision57.3M(75.4M)(19.3M)105.9M112.4M118.1M
Interest Income696K345K0.0443K2.0M2.1M
Net Interest Income(42.6M)(53.8M)(54.4M)(46.1M)(53.8M)(56.5M)
Reconciled Depreciation225.0M164.2M139.9M180.3M215.6M197.1M
When determining whether Gran Tierra Energy is a strong investment it is important to analyze Gran Tierra's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Gran Tierra's future performance. For an informed investment choice regarding Gran Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gran Tierra Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Please note, there is a significant difference between Gran Tierra's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gran Tierra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gran Tierra's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.