International Petroleum Corporation
International Petroleum Corporation (IPCFF) Financial Performance & Income Statement Overview
View comprehensive annual and quarterly summaries for International Petroleum Corporation (IPCFF), featuring income statements, balance sheets, and cash flow data.
International Petroleum Corporation (IPCFF) Income Statement & Financial Overview
Explore comprehensive income reports for International Petroleum Corporation IPCFF, broken down by year and quarter.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $202.12M | $224.68M | $201.97M | $254.49M |
| Cost of Revenue | $157.97M | $181.91M | $162.46M | $181.78M |
| Gross Profit | $44.15M | $42.77M | $39.51M | $72.71M |
| Gross Profit Ratio | $0.22 | $0.19 | $0.20 | $0.29 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $4.67M | $3.88M | $4.25M | $3.98M |
| Operating Expenses | $8.63M | $7.51M | $7.93M | $7.62M |
| Total Costs & Expenses | $166.60M | $189.41M | $170.39M | $189.40M |
| Interest Income | $1.63M | $3.08M | $4.11M | $4.08M |
| Interest Expense | $8.76M | $9.04M | $9.12M | $8.93M |
| Depreciation & Amortization | $31.24M | $34.83M | $32.86M | $35.17M |
| EBITDA | $60.91M | $48.13M | $73.11M | $102.78M |
| EBITDA Ratio | $0.30 | $0.21 | $0.36 | $0.40 |
| Operating Income | $35.52M | $35.27M | $31.58M | $103.90M |
| Operating Income Ratio | $0.18 | $0.16 | $0.16 | $0.41 |
| Other Income/Expenses (Net) | -$14.61M | -$31.001M | -$444000.00 | -$45.22M |
| Income Before Tax | $20.91M | $4.27M | $31.13M | $58.68M |
| Income Before Tax Ratio | $0.10 | $0.02 | $0.15 | $0.23 |
| Income Tax Expense | $4.68M | $3.85M | $8.26M | $13.47M |
| Net Income | $16.23M | $414000.00 | $22.87M | $45.20M |
| Net Income Ratio | $0.08 | $0.002 | $0.11 | $0.18 |
| EPS | $0.14 | $0.003 | $0.19 | $0.36 |
| Diluted EPS | $0.13 | $0.003 | $0.18 | $0.36 |
| Weighted Avg Shares Outstanding | $119.12M | $123.24M | $123.24M | $125.56M |
| Weighted Avg Shares Outstanding (Diluted) | $120.31M | $125.17M | $125.17M | $127.03M |
The company's financials show resilient growth, with revenue advancing from $254.49M in Q2 2024 to $202.12M in Q1 2025. Gross profit remained healthy with margins at 22% in Q1 2025 compared to 29% in Q2 2024. Operating income hit $35.52M last quarter, sustaining a consistent 18% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $60.91M. Net income rose to $16.23M, while earnings per share reached $0.14. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
Unlock 25+ Years of Financial Data
Get access to extended historical data, advanced metrics, and more with our premium plan