Western Historical Income Statement

WRG Stock  CAD 2.50  0.02  0.79%   
Historical analysis of Western Energy income statement accounts such as Interest Expense of 9.7 M, Selling General Administrative of 14.6 M, Other Operating Expenses of 139.2 M or Operating Income of 3.4 M can show how well Western Energy Services performed in making a profits. Evaluating Western Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Western Energy's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Western Energy Services 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 Western Energy Services is a good buy for the upcoming year.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Energy Services. 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 Western Income Statement Analysis

Western Energy Services 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 Western Energy shareholders. The income statement also shows Western 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).

Western Energy Income Statement Chart

At this time, Western Energy's Operating Income is very stable compared to the past year. As of the 16th of February 2025, EBITDA is likely to grow to about 54.7 M, while Interest Expense is likely to drop about 9.7 M.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Western Energy Services. It is also known as Western Energy 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.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Total Revenue

Total revenue comprises all receipts Western Energy Services 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.
Most accounts from Western Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Western Energy Services 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Energy Services. 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, Western Energy's Operating Income is very stable compared to the past year. As of the 16th of February 2025, EBITDA is likely to grow to about 54.7 M, while Interest Expense is likely to drop about 9.7 M.
 2022 2023 2024 2025 (projected)
Total Revenue200.3M233.5M268.5M180.1M
Depreciation And Amortization40.1M42.2M48.5M36.1M

Western Energy income statement Correlations

0.630.56-0.28-0.160.29-0.53-0.420.860.30.05-0.39-0.5-0.480.290.71-0.580.36-0.31-0.140.290.09
0.630.850.410.31-0.19-0.050.170.610.810.170.140.01-0.480.80.39-0.150.47-0.23-0.35-0.180.43
0.560.850.420.53-0.030.170.250.720.920.320.330.2-0.190.840.470.070.23-0.1-0.070.020.2
-0.280.410.420.75-0.310.690.91-0.270.730.520.810.750.010.52-0.330.630.020.21-0.29-0.420.24
-0.160.310.530.75-0.260.880.820.050.720.360.960.890.520.6-0.130.82-0.150.25-0.08-0.280.05
0.29-0.19-0.03-0.31-0.26-0.19-0.330.23-0.150.65-0.32-0.22-0.13-0.550.29-0.21-0.22-0.070.260.47-0.35
-0.53-0.050.170.690.88-0.190.85-0.330.410.380.950.990.710.25-0.40.97-0.340.390.02-0.36-0.06
-0.420.170.250.910.82-0.330.85-0.40.570.430.920.910.330.39-0.360.83-0.260.5-0.12-0.420.01
0.860.610.72-0.270.050.23-0.33-0.40.440.0-0.22-0.34-0.230.480.71-0.410.32-0.360.030.340.09
0.30.810.920.730.72-0.150.410.570.440.450.590.47-0.130.860.230.310.160.03-0.14-0.160.23
0.050.170.320.520.360.650.380.430.00.450.360.4-0.11-0.08-0.010.32-0.150.09-0.030.1-0.09
-0.390.140.330.810.96-0.320.950.92-0.220.590.360.970.570.45-0.330.92-0.210.32-0.11-0.360.05
-0.50.010.20.750.89-0.220.990.91-0.340.470.40.970.640.3-0.380.97-0.340.440.0-0.39-0.06
-0.48-0.48-0.190.010.52-0.130.710.33-0.23-0.13-0.110.570.64-0.08-0.250.74-0.50.350.28-0.1-0.31
0.290.80.840.520.6-0.550.250.390.480.86-0.080.450.3-0.080.260.180.27-0.01-0.14-0.240.32
0.710.390.47-0.33-0.130.29-0.4-0.360.710.23-0.01-0.33-0.38-0.250.26-0.41-0.110.090.370.18-0.35
-0.58-0.150.070.630.82-0.210.970.83-0.410.310.320.920.970.740.18-0.41-0.350.410.02-0.37-0.06
0.360.470.230.02-0.15-0.22-0.34-0.260.320.16-0.15-0.21-0.34-0.50.27-0.11-0.35-0.82-0.780.00.89
-0.31-0.23-0.10.210.25-0.070.390.5-0.360.030.090.320.440.35-0.010.090.41-0.820.62-0.26-0.75
-0.14-0.35-0.07-0.29-0.080.260.02-0.120.03-0.14-0.03-0.110.00.28-0.140.370.02-0.780.620.01-0.88
0.29-0.180.02-0.42-0.280.47-0.36-0.420.34-0.160.1-0.36-0.39-0.1-0.240.18-0.370.0-0.260.010.0
0.090.430.20.240.05-0.35-0.060.010.090.23-0.090.05-0.06-0.310.32-0.35-0.060.89-0.75-0.880.0
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Western Energy Account Relationship Matchups

Western Energy income statement Accounts

202020212022202320242025 (projected)
Interest Expense17.6M19.5M14.3M11.5M13.3M9.7M
Selling General Administrative11.0M10.9M15.8M16.3M18.7M14.6M
Other Operating Expenses132.1M150.9M202.5M230.6M265.2M139.2M
Operating Income(28.8M)(19.4M)(2.2M)2.8M2.5M3.4M
Ebitda10.3M22.4M37.9M45.3M52.1M54.7M
Total Operating Expenses83.9M108.9M162.4M19.0M21.9M36.6M
Net Income(41.3M)(35.8M)29.0M(7.2M)(6.5M)(6.8M)
Income Tax Expense(14.6M)(3.5M)2.9M(1.4M)(1.2M)(1.3M)
Depreciation And Amortization48.3M42.0M40.1M42.2M48.5M36.1M
Total Revenue103.7M131.7M200.3M233.5M268.5M180.1M
Gross Profit55.4M89.7M160.2M21.8M25.1M23.8M
Ebit(37.9M)(19.6M)(2.2M)3.2M2.9M3.0M
Income Before Tax(55.9M)(39.3M)32.2M(8.3M)(7.4M)(7.8M)
Total Other Income Expense Net(27.5M)(20.0M)(5.8M)(11.1M)(10.0M)(10.5M)
Cost Of Revenue48.3M42.0M40.1M211.6M243.4M160.2M
Net Income From Continuing Ops(41.3M)(35.8M)29.3M(6.9M)(7.9M)(8.3M)
Net Income Applicable To Common Shares(81.0M)(41.3M)(36.1M)29.0M26.1M27.4M
Minority Interest1.8M1.7M(322K)(321K)(289.8K)(275.3K)
Tax Provision(14.6M)(3.5M)2.9M(1.4M)(1.6M)(1.7M)
Net Interest Income(18.0M)(19.7M)(14.4M)(11.4M)(13.1M)(13.8M)
Interest Income4K19.7M57K130K117K111.2K
Reconciled Depreciation48.3M42.0M40.1M42.2M37.9M42.1M

Other Information on Investing in Western Stock

Western Energy Services 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 Western Energy shareholders. The income statement also shows Western 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).