NASDAQ : EPSN
Epsilon Energy Ltd. — Financial statements
Energy · Oil & Gas Exploration & Production · United States
Last price 6.42 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 194.42M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Epsilon Energy Ltd. (EPSN) reported revenue of 67.66M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 67.66M | 51.59M | 31.52M | 30.73M | 69.96M | 42.40M |
| Cost of Revenue | 23.12M | 14.88M | 9.53M | 8.86M | 9.43M | 8.66M |
| Gross Profit | 44.53M | 36.71M | 21.99M | 21.86M | 60.54M | 33.74M |
| Selling, General & Admin | 13.00M | 8.91M | 6.93M | 7.31M | 7.35M | 6.83M |
| Other Operating Expenses | 2.30M | -5.50M | 391.15K | -3.13M | -236.08K | 4.48M |
| Operating Expenses | 27.85M | 19.52M | 18.96M | 11.87M | 13.55M | 18.09M |
| Operating Income | 16.68M | 17.19M | 3.03M | 10.00M | 46.99M | 15.64M |
| Interest Expense | -2.41M | -624.16K | -46.40K | -80.38K | -50.78K | -101.38K |
| Interest & Investment Income | 226.15K | 188.37K | 493.28K | 1.67M | 452.88K | 38.87K |
| Currency Exchange Gain (Loss) | -850.00 | -1.45K | ||||
| Other Non Operating Income (Expenses) | -116.29K | 16.56K | 76.73K | 4.36K | -98.62K | 2.58K |
| EBT Excluding Unusual Items | 14.38M | 16.77M | 3.56M | 11.60M | 47.29M | 15.58M |
| Merger & Restructuring Charges | -3.25M | -2.95M | ||||
| Gain (Loss) on Sale of Assets | -15.08M | -19.26M | -1.45M | 221.64K | 484.90K | |
| Pretax Income | -3.95M | -5.44M | 3.56M | 10.15M | 47.51M | 16.07M |
| Income Tax Expense | -448.18K | 362.73K | 1.63M | 3.20M | 12.16M | 4.44M |
| Net Income | -3.50M | -5.80M | 1.93M | 6.95M | 35.35M | 11.63M |
| Net Income to Common | -3.50M | -5.80M | 1.93M | 6.95M | 35.35M | 11.63M |
| Shares Outstanding (Basic) | 27.14M | 23.02M | 21.93M | 22.50M | 23.32M | 23.71M |
| Shares Outstanding (Diluted) | 27.14M | 23.02M | 21.93M | 22.51M | 23.41M | 23.86M |
| EPS (Basic) | -0.13 | -0.25 | 0.09 | 0.31 | 1.52 | 0.49 |
| EPS (Diluted) | -0.13 | -0.25 | 0.09 | 0.31 | 1.51 | 0.49 |
| Free Cash Flow | 11.79M | 5.22M | -19.73M | -457.78K | 29.94M | 15.12M |
| Free Cash Flow Per Share | 0.43 | 0.23 | -0.90 | -0.02 | 1.28 | 0.63 |
| Dividend Per Share | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | |
| Gross Margin | 65.82% | 71.16% | 69.77% | 71.15% | 86.53% | 79.57% |
| Operating Margin | 24.65% | 33.32% | 9.62% | 32.54% | 67.16% | 36.89% |
| Profit Margin | -5.18% | -11.24% | 6.12% | 22.60% | 50.53% | 27.42% |
| Free Cash Flow Margin | 17.43% | 10.13% | -62.59% | -1.49% | 42.79% | 35.65% |
| EBITDA | 29.24M | 33.29M | 14.67M | 17.68M | 53.43M | 22.42M |
| EBITDA Margin | 43.22% | 64.54% | 46.53% | 57.55% | 76.36% | 52.88% |
| D&A For EBITDA | 12.56M | 16.11M | 11.64M | 7.69M | 6.44M | 6.78M |
| EBIT | 16.68M | 17.19M | 3.03M | 10.00M | 46.99M | 15.64M |
| EBIT Margin | 24.65% | 33.32% | 9.62% | 32.54% | 67.16% | 36.89% |
| Effective Tax Rate | 45.80% | 31.55% | 25.59% | 27.64% | ||
| Revenue as Reported | 67.66M | 51.59M | 31.52M | 30.73M | 69.96M | 42.40M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 11.17M | 8.96M | 6.52M | 13.40M | 45.24M | 26.50M |
| Short-Term Investments | 18.78M | |||||
| Cash & Short-Term Investments | 11.17M | 8.96M | 6.52M | 32.18M | 45.24M | 26.50M |
| Receivables | 17.48M | 16.13M | 5.84M | 6.02M | 7.20M | 4.60M |
| Other Current Assets | 5.15M | 7.49M | 1.77M | 2.93M | 3.03M | 569.87K |
| Total Current Assets | 33.80M | 32.58M | 14.13M | 41.13M | 55.46M | 31.66M |
| Property, Plant & Equipment | 200.72M | 192.93M | 104.87M | 80.63M | 67.83M | 67.23M |
| Long-Term Deferred Charges | 673.75K | 774.35K | ||||
| Other Long-Term Assets | 1.25M | 1.95M | 1.45M | 2.28M | 570.36K | 568.12K |
| Total Assets | 236.44M | 228.24M | 120.45M | 124.04M | 123.86M | 99.46M |
| Accounts Payable | 19.13M | 11.15M | 2.33M | 3.15M | 1.70M | 1.19M |
| Accrued Expenses | 14.54M | 13.52M | 3.46M | 3.84M | 4.45M | 3.92M |
| Current Portion of Leases | 272.06K | 271.49K | 121.14K | 86.47K | 35.30K | |
| Current Income Taxes Payable | 1.10M | |||||
| Other Current Liabilities | 1.17M | 24.89K | 1.06M | 815.53K | 41.69K | 1.34M |
| Total Current Liabilities | 35.12M | 24.96M | 6.98M | 7.90M | 6.22M | 7.55M |
| Long-Term Debt | 40.50M | 50.50M | ||||
| Long-Term Leases | 202.01K | 340.05K | 355.78K | 476.91K | ||
| Long-Term Deferred Tax Liabilities | 15.53M | 12.86M | 12.74M | 11.55M | 10.62M | 9.91M |
| Other Long-Term Liabilities | 15.19M | 14.85M | 3.65M | 3.50M | 2.78M | 2.75M |
| Total Liabilities | 106.53M | 103.51M | 23.73M | 23.43M | 19.62M | 20.20M |
| Common Stock | 154.27M | 154.27M | 116.08M | 118.27M | 123.90M | 131.82M |
| Additional Paid-In Capital | 14.96M | 13.86M | 12.12M | 10.87M | 9.86M | 8.84M |
| Retained Earnings | -49.21M | -53.30M | -41.51M | -37.95M | -39.29M | -68.78M |
| Treasury Stock | -360.33K | -2.42M | ||||
| Comprehensive Income & Other | 9.89M | 9.90M | 10.03M | 9.77M | 9.77M | 9.82M |
| Shareholders' Equity | 129.91M | 124.73M | 96.73M | 100.61M | 104.25M | 79.26M |
| Total Liabilities & Equity | 236.44M | 228.24M | 120.45M | 124.04M | 123.86M | 99.46M |
| Total Debt | 40.97M | 51.11M | 476.91K | 563.38K | 35.30K | |
| Net Cash (Debt) | -29.80M | -42.15M | 6.04M | 31.62M | 45.20M | 26.50M |
| Net Cash Per Share | -1.10 | -1.83 | 0.28 | 1.40 | 1.93 | 1.11 |
| Filing Date Shares Outstanding | 30.28M | 30.24M | 22.01M | 21.91M | 22.93M | 23.68M |
| Total Common Shares Outstanding | 30.25M | 30.24M | 22.01M | 22.15M | 23.12M | 23.67M |
| Working Capital | -1.32M | 7.62M | 7.15M | 33.23M | 49.24M | 24.12M |
| Book Value Per Share | 4.29 | 4.12 | 4.39 | 4.54 | 4.51 | 3.35 |
| Tangible Book Value | 129.91M | 124.73M | 96.73M | 100.61M | 104.25M | 79.26M |
| Tangible Book Value Per Share | 4.29 | 4.12 | 4.39 | 4.54 | 4.51 | 3.35 |
| Land | 1.23M | 1.23M | 637.76K | 637.76K | 637.76K | 637.76K |
| Buildings | 4.04M | 4.13M | 259.33K | 291.81K | 286.04K | 309.10K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -3.50M | -5.80M | 1.93M | 6.95M | 35.35M | 11.63M |
| Depreciation & Amortization | 12.56M | 16.11M | 11.64M | 7.69M | 6.44M | 6.78M |
| Other Amortization | 145.10K | 44.51K | ||||
| Loss (Gain) From Sale of Assets | 15.08M | 19.26M | 1.45M | -221.64K | -484.90K | |
| Loss (Gain) From Sale of Investments | -297.64K | -836.53K | ||||
| Stock-Based Compensation | 2.07M | 1.74M | 1.24M | 1.02M | 1.02M | 956.08K |
| Other Operating Activities | 4.36M | -4.22M | 2.68M | 548.58K | -868.22K | 42.41K |
| Change in Accounts Receivable | -3.28M | -1.59M | 171.73K | 1.19M | -2.60M | -679.64K |
| Change in Accounts Payable | 3.31M | -2.94M | -493.18K | -122.20K | 1.18M | 646.41K |
| Change in Income Taxes | -4.59M | -1.97M | -23.66K | 187.79K | -2.24M | 1.10M |
| Change in Other Net Operating Assets | -103.42K | -10.37K | -17.83K | 126.35K | -58.37K | 20.00K |
| Operating Cash Flow | 26.05M | 20.62M | 16.83M | 18.19M | 38.01M | 20.01M |
| Capital Expenditures | -14.26M | -15.39M | -36.56M | -18.65M | -8.07M | -4.89M |
| Sale of Property, Plant & Equipment | 7.05M | 2.77M | 12.50K | 200.00K | 450.00K | |
| Cash Acquisitions | -49.75M | -49.75M | ||||
| Investment in Securities | 19.07M | -17.94M | ||||
| Other Investing Activities | -384.25K | 736.50K | 831.09K | -1.81M | 379.00 | |
| Investing Cash Flow | -57.35M | -61.64M | -16.66M | -38.38M | -7.87M | -4.44M |
| Long-Term Debt Issued | 50.50M | |||||
| Net Debt Issued (Repaid) | 40.50M | 50.50M | ||||
| Issuance of Common Stock | 62.88K | 747.11K | 85.34K | |||
| Repurchase of Common Stock | -1.83M | -6.06M | -6.23M | -2.42M | ||
| Common Dividends Paid | -7.02M | -6.00M | -5.49M | -5.60M | -5.86M | |
| Other Financing Activities | -818.86K | -818.86K | -140.00K | |||
| Financing Cash Flow | 32.66M | 43.68M | -7.32M | -11.73M | -11.35M | -2.34M |
| Foreign Exchange Rate Adjustments | -15.44K | -136.70K | 262.59K | -3.87K | -44.05K | -2.04K |
| Net Cash Flow | 1.34M | 2.52M | -6.88M | -31.93M | 18.74M | 13.23M |
| Free Cash Flow | 11.79M | 5.22M | -19.73M | -457.78K | 29.94M | 15.12M |
| Free Cash Flow Margin | 17.43% | 10.13% | -62.59% | -1.49% | 42.79% | 35.65% |
| Free Cash Flow Per Share | 0.43 | 0.23 | -0.90 | -0.02 | 1.28 | 0.63 |
| Levered Free Cash Flow | 20.99M | 14.67M | -21.43M | -841.75K | 22.30M | 14.94M |
| Unlevered Free Cash Flow | 22.36M | 15.02M | -21.40M | -791.51K | 22.34M | 15.00M |
| Cash Interest Paid | 1.72M | 9.94K | 16.83K | 97.59K | 68.33K | 95.94K |
| Cash Income Tax Paid | 556.09K | 2.18M | 412.18K | 1.44M | 13.67M | 3.44M |
| Change in Working Capital | -4.66M | -6.51M | -362.94K | 1.38M | -3.72M | 1.09M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 195.63M | 112.76M | 135.73M | 112.58M | 152.67M | 133.46M |
| Enterprise Value | 225.44M | 100.38M | 127.93M | 81.76M | 112.42M | 112.87M |
| Last Close Price | 6.46 | 4.49 | 5.77 | 4.50 | 5.60 | 4.62 |
| PE Ratio | 70.41 | 16.21 | 4.32 | 11.48 | ||
| Forward PE | 14.15 | 18.27 | ||||
| PS Ratio | 2.89 | 2.19 | 4.31 | 3.66 | 2.18 | 3.15 |
| PB Ratio | 1.50 | 0.90 | 1.40 | 1.12 | 1.47 | 1.68 |
| P/TBV Ratio | 1.51 | 0.90 | 1.40 | 1.12 | 1.47 | 1.68 |
| P/FCF Ratio | 16.59 | 21.58 | 5.10 | 8.83 | ||
| P/OCF Ratio | 7.51 | 5.47 | 8.06 | 6.19 | 4.02 | 6.67 |
| EV/Sales Ratio | 3.33 | 1.95 | 4.06 | 2.66 | 1.61 | 2.66 |
| EV/EBITDA Ratio | 7.71 | 3.02 | 8.72 | 4.62 | 2.10 | 5.03 |
| EV/EBIT Ratio | 13.52 | 5.84 | 42.17 | 8.18 | 2.39 | 7.21 |
| EV/FCF Ratio | 19.11 | 19.21 | 3.75 | 7.47 | ||
| Debt / Equity Ratio | 0.32 | 0.41 | 0.01 | 0.01 | 0.00 | |
| Debt / EBITDA Ratio | 1.39 | 1.52 | 0.03 | 0.03 | 0.00 | |
| Debt / FCF Ratio | 3.47 | 9.78 | 0.00 | |||
| Net Debt / Equity Ratio | 0.23 | 0.34 | -0.06 | -0.31 | -0.43 | -0.33 |
| Net Debt / EBITDA Ratio | 1.02 | 1.27 | -0.41 | -1.79 | -0.85 | -1.18 |
| Net Debt / FCF Ratio | 2.53 | 8.07 | 0.31 | 69.06 | -1.51 | -1.75 |
| Asset Turnover | 0.38 | 0.30 | 0.26 | 0.25 | 0.63 | 0.46 |
| Quick Ratio | 0.82 | 1.00 | 1.77 | 4.84 | 8.43 | 4.12 |
| Current Ratio | 0.96 | 1.30 | 2.02 | 5.21 | 8.92 | 4.20 |
| Return on Equity (ROE) | -3.04% | -5.24% | 1.95% | 6.78% | 38.53% | 15.68% |
| Return on Assets (ROA) | 5.79% | 6.16% | 1.55% | 5.04% | 26.30% | 10.51% |
| Return on Invested Capital (ROIC) | 10.36% | 13.35% | 2.06% | 10.69% | 62.54% | 20.87% |
| Return on Capital Employed (ROCE) | 8.30% | 8.50% | 2.70% | 8.60% | 39.90% | 17.00% |
| Earnings Yield | -2.00% | -5.14% | 1.42% | 6.17% | 23.16% | 8.71% |
| FCF Yield | 6.03% | 4.63% | -14.54% | -0.41% | 19.61% | 11.33% |
| Dividend Yield | 3.87% | 6.70% | 4.05% | 4.92% | 3.79% | |
| Payout Ratio | 284.62% | 80.64% | 16.58% | |||
| Buyback Yield / Dilution | -23.27% | -4.97% | 2.58% | 3.82% | 1.89% | 5.04% |
| Total Shareholder Return | -19.39% | 1.73% | 6.64% | 8.74% | 5.67% | 5.04% |