NYSEAMERICAN : EPM
Evolution Petroleum Corporation — Financial statements
Energy · Oil & Gas Exploration & Production · United States
Last price 3.82 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 150.69M
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Financial statements
Evolution Petroleum Corporation (EPM) reported revenue of 86.34M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 86.34M | 86.34M | 85.84M | 85.88M | 128.51M | 108.93M |
| Cost of Revenue | 50.34M | 50.34M | 49.34M | 48.27M | 59.55M | 48.66M |
| Gross Profit | 36.01M | 36.01M | 36.50M | 37.60M | 68.97M | 60.27M |
| Selling, General & Admin | 9.74M | 9.74M | 10.33M | 9.64M | 9.58M | 6.83M |
| Other Operating Expenses | 2.85M | 2.85M | -473.00K | 1.29M | 3.76M | |
| Operating Expenses | 35.38M | 35.38M | 31.85M | 30.99M | 23.86M | 18.65M |
| Operating Income | 630.00K | 630.00K | 4.65M | 6.61M | 45.11M | 41.62M |
| Interest Expense | -3.85M | -3.85M | -2.97M | -1.46M | -458.00K | -572.00K |
| Interest & Investment Income | 72.00K | 72.00K | 191.00K | 342.00K | 121.00K | 95.00K |
| Other Non Operating Income (Expenses) | 513.00K | |||||
| EBT Excluding Unusual Items | -3.15M | -3.15M | 1.87M | 5.50M | 45.29M | 41.14M |
| Pretax Income | -3.15M | -3.15M | 1.87M | 5.50M | 45.29M | 41.14M |
| Income Tax Expense | -718.00K | -718.00K | 396.00K | 1.42M | 10.07M | 8.51M |
| Net Income | -2.43M | -2.43M | 1.47M | 4.08M | 35.22M | 32.63M |
| Preferred Dividends & Other Adjustments | 393.00K | 393.00K | 367.00K | 83.00K | 560.00K | 673.00K |
| Net Income to Common | -2.82M | -2.82M | 1.11M | 4.00M | 34.66M | 31.95M |
| Shares Outstanding (Basic) | 34.25M | 34.25M | 33.16M | 32.69M | 32.98M | 32.95M |
| Shares Outstanding (Diluted) | 34.25M | 34.25M | 33.32M | 32.90M | 33.19M | 33.31M |
| EPS (Basic) | -0.08 | -0.08 | 0.03 | 0.12 | 1.05 | 0.97 |
| EPS (Diluted) | -0.08 | -0.08 | 0.03 | 0.12 | 1.04 | 0.96 |
| Free Cash Flow | -6.75M | -6.75M | 11.41M | -26.90M | 44.28M | -2.41M |
| Free Cash Flow Per Share | -0.20 | -0.20 | 0.34 | -0.82 | 1.33 | -0.07 |
| Dividend Per Share | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 0.35 |
| Gross Margin | 41.70% | 41.70% | 42.52% | 43.79% | 53.67% | 55.33% |
| Operating Margin | 0.73% | 0.73% | 5.42% | 7.70% | 35.10% | 38.21% |
| Profit Margin | -3.27% | -3.27% | 1.29% | 4.65% | 26.97% | 29.34% |
| Free Cash Flow Margin | -7.82% | -7.82% | 13.29% | -31.33% | 34.46% | -2.21% |
| EBITDA | 23.41M | 23.41M | 26.64M | 26.68M | 59.39M | 49.67M |
| EBITDA Margin | 27.11% | 27.11% | 31.04% | 31.06% | 46.21% | 45.60% |
| D&A For EBITDA | 22.78M | 22.78M | 21.99M | 20.06M | 14.27M | 8.05M |
| EBIT | 630.00K | 630.00K | 4.65M | 6.61M | 45.11M | 41.62M |
| EBIT Margin | 0.73% | 0.73% | 5.42% | 7.70% | 35.10% | 38.21% |
| Effective Tax Rate | 21.19% | 25.78% | 22.24% | 20.69% | ||
| Revenue as Reported | 86.34M | 86.34M | 85.84M | 85.88M | 128.51M | 108.93M |
Balance sheet
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 6.14M | 6.14M | 2.51M | 6.45M | 11.03M | 8.28M |
| Cash & Short-Term Investments | 6.14M | 6.14M | 2.51M | 6.45M | 11.03M | 8.28M |
| Accounts Receivable | 10.09M | 10.09M | 10.80M | 10.83M | 7.88M | 24.04M |
| Other Receivables | 1.07M | 1.07M | 227.00K | 366.00K | 365.00K | 384.00K |
| Receivables | 11.16M | 11.16M | 11.03M | 11.19M | 8.25M | 24.43M |
| Prepaid Expenses | 1.06M | 1.06M | 1.04M | 1.08M | 1.11M | 1.22M |
| Other Current Assets | 2.17M | 2.17M | 2.80M | 3.00M | 805.00K | 2.44M |
| Total Current Assets | 20.52M | 20.52M | 17.38M | 21.72M | 21.20M | 36.37M |
| Property, Plant & Equipment | 147.38M | 147.38M | 142.31M | 139.82M | 105.96M | 110.53M |
| Long-Term Deferred Charges | 312.00K | 312.00K | 365.00K | |||
| Other Long-Term Assets | 486.00K | 486.00K | 206.00K | 1.33M | 1.16M | 1.15M |
| Total Assets | 168.70M | 168.70M | 160.25M | 162.88M | 128.32M | 148.05M |
| Accounts Payable | 13.82M | 13.82M | 12.90M | 8.31M | 5.89M | 15.13M |
| Accrued Expenses | 4.61M | 4.61M | 6.13M | 5.01M | 5.75M | 10.93M |
| Current Portion of Leases | 95.00K | 95.00K | 66.00K | 98.00K | 59.00K | 26.00K |
| Current Income Taxes Payable | 74.00K | 365.00K | 1.09M | |||
| Other Current Liabilities | 3.83M | 3.83M | 2.29M | 2.32M | 222.00K | 3.10M |
| Total Current Liabilities | 22.36M | 22.36M | 21.39M | 15.81M | 12.28M | 30.29M |
| Long-Term Debt | 56.50M | 56.50M | 37.50M | 39.50M | 21.25M | |
| Long-Term Leases | 351.00K | 351.00K | 58.00K | 125.00K | ||
| Long-Term Deferred Tax Liabilities | 5.27M | 5.27M | 6.23M | 6.70M | 6.80M | 7.10M |
| Other Long-Term Liabilities | 23.82M | 23.82M | 23.32M | 19.68M | 17.01M | 13.90M |
| Total Liabilities | 108.29M | 108.29M | 88.44M | 81.75M | 36.22M | 72.53M |
| Common Stock | 36.00K | 36.00K | 34.00K | 33.00K | 33.00K | 33.00K |
| Additional Paid-In Capital | 54.61M | 54.61M | 46.65M | 41.09M | 40.10M | 42.63M |
| Retained Earnings | 5.76M | 5.76M | 25.13M | 40.00M | 51.96M | 32.85M |
| Total Common Equity | 60.40M | 60.40M | 71.81M | 81.13M | 92.09M | 75.51M |
| Shareholders' Equity | 60.40M | 60.40M | 71.81M | 81.13M | 92.09M | 75.51M |
| Total Liabilities & Equity | 168.70M | 168.70M | 160.25M | 162.88M | 128.32M | 148.05M |
| Total Debt | 56.95M | 56.95M | 37.57M | 39.66M | 184.00K | 21.28M |
| Net Cash (Debt) | -50.81M | -50.81M | -35.06M | -33.21M | 10.85M | -13.00M |
| Net Cash Per Share | -1.48 | -1.48 | -1.05 | -1.01 | 0.33 | -0.39 |
| Filing Date Shares Outstanding | 39.45M | 39.45M | 33.69M | 32.69M | 32.64M | 33.13M |
| Total Common Shares Outstanding | 35.23M | 35.23M | 33.67M | 32.71M | 32.65M | 33.13M |
| Working Capital | -1.84M | -1.84M | -4.01M | 5.91M | 8.91M | 6.08M |
| Book Value Per Share | 1.71 | 1.71 | 2.13 | 2.48 | 2.82 | 2.28 |
| Tangible Book Value | 60.40M | 60.40M | 71.81M | 81.13M | 92.09M | 75.51M |
| Tangible Book Value Per Share | 1.71 | 1.71 | 2.13 | 2.48 | 2.82 | 2.28 |
Cash flow statement
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | -2.43M | -2.43M | 1.47M | 4.08M | 35.22M | 32.63M |
| Depreciation & Amortization | 22.78M | 22.78M | 21.99M | 20.06M | 14.27M | 8.05M |
| Other Amortization | 156.00K | 156.00K | ||||
| Stock-Based Compensation | 2.34M | 2.34M | 2.48M | 2.14M | 1.64M | 125.00K |
| Other Operating Activities | -1.46M | -1.46M | -620.00K | 839.00K | -3.39M | 4.04M |
| Change in Accounts Receivable | 1.18M | 1.18M | 75.00K | -2.91M | 18.44M | -11.43M |
| Change in Accounts Payable | 918.00K | 918.00K | 4.80M | 374.00K | -13.49M | 18.52M |
| Change in Income Taxes | -74.00K | -291.00K | -730.00K | 1.06M | ||
| Change in Other Net Operating Assets | 25.00K | 25.00K | 2.92M | -1.56M | -692.00K | -538.00K |
| Operating Cash Flow | 23.52M | 23.52M | 33.05M | 22.73M | 51.27M | 52.46M |
| Capital Expenditures | -30.27M | -30.27M | -21.64M | -49.63M | -6.99M | -54.87M |
| Sale of Property, Plant & Equipment | 3.09M | 3.09M | ||||
| Investing Cash Flow | -27.18M | -27.18M | -21.64M | -49.63M | -6.99M | -54.87M |
| Long-Term Debt Issued | 22.00M | 22.00M | 2.00M | 42.50M | 34.00M | |
| Long-Term Debt Repaid | -3.00M | -3.00M | -4.00M | -3.00M | -21.25M | -16.75M |
| Net Debt Issued (Repaid) | 19.00M | 19.00M | -2.00M | 39.50M | -21.25M | 17.25M |
| Issuance of Common Stock | 6.07M | 6.07M | 3.84M | |||
| Repurchase of Common Stock | -225.00K | -225.00K | -442.00K | -1.14M | -4.17M | -38.00K |
| Common Dividends Paid | -16.94M | -16.94M | -16.35M | -16.04M | -16.11M | -11.80M |
| Dividends Paid | -16.94M | -16.94M | -16.35M | -16.04M | -16.11M | -11.80M |
| Other Financing Activities | -615.00K | -615.00K | -400.00K | |||
| Financing Cash Flow | 7.29M | 7.29M | -15.35M | 22.32M | -41.53M | 5.42M |
| Net Cash Flow | 3.63M | 3.63M | -3.94M | -4.59M | 2.75M | 3.00M |
| Free Cash Flow | -6.75M | -6.75M | 11.41M | -26.90M | 44.28M | -2.41M |
| Free Cash Flow Margin | -7.82% | -7.82% | 13.29% | -31.33% | 34.46% | -2.21% |
| Free Cash Flow Per Share | -0.20 | -0.20 | 0.34 | -0.82 | 1.33 | -0.07 |
| Levered Free Cash Flow | -5.57M | -5.57M | 9.90M | -25.84M | 36.72M | -12.57M |
| Unlevered Free Cash Flow | -3.32M | -3.32M | 11.75M | -24.93M | 37.01M | -12.21M |
| Cash Interest Paid | 3.69M | 3.69M | 3.08M | 1.33M | 498.00K | 523.00K |
| Cash Income Tax Paid | 503.00K | 503.00K | -126.00K | 2.80M | 11.88M | 3.07M |
| Change in Working Capital | 2.12M | 2.12M | 7.72M | -4.39M | 3.53M | 7.61M |
Ratios
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 142.41M | 128.85M | 157.59M | 172.18M | 263.17M | 180.35M |
| Enterprise Value | 193.22M | 183.18M | 187.58M | 211.79M | 244.97M | 187.03M |
| Last Close Price | 3.61 | 3.57 | 4.09 | 4.19 | 5.92 | 3.75 |
| PE Ratio | 142.49 | 43.08 | 7.59 | 5.64 | ||
| Forward PE | 69.42 | 52.57 | 170.91 | 12.12 | 9.33 | 8.60 |
| PS Ratio | 1.65 | 1.49 | 1.84 | 2.00 | 2.05 | 1.66 |
| PB Ratio | 2.11 | 2.13 | 2.19 | 2.12 | 2.86 | 2.39 |
| P/TBV Ratio | 2.36 | 2.13 | 2.19 | 2.12 | 2.86 | 2.39 |
| P/FCF Ratio | 13.81 | 5.94 | ||||
| P/OCF Ratio | 6.06 | 5.48 | 4.77 | 7.58 | 5.13 | 3.44 |
| PEG Ratio | 1.60 | 1.60 | 1.60 | 1.60 | 1.60 | |
| EV/Sales Ratio | 2.24 | 2.12 | 2.19 | 2.47 | 1.91 | 1.72 |
| EV/EBITDA Ratio | 8.25 | 7.83 | 7.04 | 7.94 | 4.12 | 3.77 |
| EV/EBIT Ratio | 306.70 | 290.75 | 40.36 | 32.02 | 5.43 | 4.49 |
| EV/FCF Ratio | 16.44 | 5.53 | ||||
| Debt / Equity Ratio | 0.94 | 0.94 | 0.52 | 0.49 | 0.00 | 0.28 |
| Debt / EBITDA Ratio | 2.42 | 2.42 | 1.40 | 1.48 | 0.00 | 0.43 |
| Debt / FCF Ratio | 3.29 | 0.00 | ||||
| Net Debt / Equity Ratio | 0.84 | 0.84 | 0.49 | 0.41 | -0.12 | 0.17 |
| Net Debt / EBITDA Ratio | 2.17 | 2.17 | 1.32 | 1.25 | -0.18 | 0.26 |
| Net Debt / FCF Ratio | -7.53 | -7.53 | 3.07 | -1.23 | -0.24 | -5.39 |
| Asset Turnover | 0.53 | 0.53 | 0.53 | 0.59 | 0.93 | 0.97 |
| Quick Ratio | 0.77 | 0.77 | 0.63 | 1.11 | 1.57 | 1.08 |
| Current Ratio | 0.92 | 0.92 | 0.81 | 1.37 | 1.73 | 1.20 |
| Return on Equity (ROE) | -3.67% | -3.67% | 1.93% | 4.71% | 42.02% | 50.16% |
| Return on Assets (ROA) | 0.24% | 0.24% | 1.80% | 2.84% | 20.41% | 23.15% |
| Return on Invested Capital (ROIC) | 0.56% | 0.58% | 3.31% | 5.02% | 41.33% | 46.52% |
| Return on Capital Employed (ROCE) | 0.40% | 0.40% | 3.30% | 4.50% | 38.90% | 35.30% |
| Earnings Yield | -2.28% | -1.88% | 0.94% | 2.37% | 13.38% | 18.09% |
| FCF Yield | -4.74% | -5.24% | 7.24% | -15.62% | 16.83% | -1.34% |
| Dividend Yield | 13.30% | 13.12% | 10.25% | 9.12% | 5.96% | 6.43% |
| Payout Ratio | 1,109.78% | 393.14% | 45.73% | 36.15% | ||
| Buyback Yield / Dilution | -2.79% | -2.79% | -1.28% | 0.87% | 0.35% | -1.72% |
| Total Shareholder Return | 10.51% | 10.34% | 8.97% | 9.99% | 6.30% | 4.71% |