Cash flow PetroTal Corp.

Equities

TAL

CA71677J1012

Oil & Gas Exploration and Production

Delayed Toronto S.E. Other stock markets 19:45:52 04/12/2025 GMT			5-day change	1st Jan Change
0.4100 ^CAD	-1.20%		+5.13%	-24.07%

11-13	PetroTal Corp., Q3 2025 Earnings Call, Nov 13, 2025
11-13	FTSE 100 falls as earnings and ex-divs drag	AN

6b497e0c012e5209c82df3797d41.u_HVFFPdrb26k1V5qwqGMPt8n-pVuBanR1zAJN4viG8.8YmTcDSRzOT41x0tm3_nQJoOr5h48WyRIBu6E5xMzQzSqKFzZLL30-3GbQ

Published financial data: PETROTAL CORP.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	58.86M	150M	327M	286M	334M
Total Revenues	58.86M	150M	327M	286M	334M
Cost of Goods Sold, Total	29.98M	45.27M	53.58M	47.41M	69.78M
Gross Profit	28.88M	105M	274M	239M	264M
Selling General & Admin Expenses, Total	10.58M	14.28M	19.89M	28.05M	36.29M
Depreciation & Amortization - (IS)	12.98M	21.63M	33.57M	39.8M	62.24M
Impairment of Oil, Gas & Mineral Properties - (IS)	-	-	-	-	-
Other Operating Expenses	5.33M	-12.51M	-6.36M	13.47M	11.72M
Other Operating Expenses, Total	28.89M	23.41M	47.1M	81.32M	110M
Operating Income	-10K	81.55M	226M	158M	154M
Interest Expense, Total	-1.49M	-18.04M	-19.97M	-17.49M	-4.39M
Interest And Investment Income	5K	732K	2.11M	3.54M	2.96M
Net Interest Expenses	-1.48M	-17.31M	-17.86M	-13.94M	-1.43M
Currency Exchange Gains (Loss)	42K	-278K	-1.25M	323K	-743K
Other Non Operating Income (Expenses)	-	-	-1.42M	-403K	-438K
EBT, Excl. Unusual Items	-1.45M	63.97M	206M	144M	151M
EBT, Incl. Unusual Items	-1.45M	63.97M	206M	144M	151M
Income Tax Expense	75K	-4K	17.39M	33M	39.9M
Earnings From Continuing Operations	-1.52M	63.97M	189M	111M	111M
Net Income to Company	-1.52M	63.97M	189M	111M	111M
Net Income - (IS)	-1.52M	63.97M	189M	111M	111M
Net Income to Common Incl Extra Items	-1.52M	63.97M	189M	111M	111M
Net Income to Common Excl. Extra Items	-1.52M	63.97M	189M	111M	111M
Per Share Items
Net EPS - Basic	-0	0.08	0.22	0.12	0.12
Basic EPS - Continuing Operations	-0	0.08	0.22	0.12	0.12
Basic Weighted Average Shares Outstanding	750M	819M	846M	900M	915M
Net EPS - Diluted	-0	0.07	0.21	0.12	0.12
Diluted EPS - Continuing Operations	-0	0.07	0.21	0.12	0.12
Diluted Weighted Average Shares Outstanding	750M	858M	907M	921M	936M
Normalized Basic EPS	-0	0.05	0.15	0.1	0.1
Normalized Diluted EPS	-0	0.05	0.14	0.1	0.1
Dividend Per Share	-	-	-	0.06	0.06
Payout Ratio	-	-	-	50.28	54.26
Supplemental Items
EBITDA	13.51M	103M	260M	197M	215M
EBITA	529K	82.08M	227M	159M	155M
EBIT	-10K	81.55M	226M	158M	154M
Total Revenues (As Reported)	58.86M	150M	327M	286M	334M
Effective Tax Rate - (Ratio)	-5.18	-0.01	8.45	23	26.36
Total Current Taxes	-	-	501K	7.24M	11.38M
Total Deferred Taxes	75K	-	16.89M	25.77M	28.52M
Normalized Net Income	-906K	39.98M	129M	89.69M	94.6M
Interest on Long-Term Debt	-	-	17.43M	17.49M	4.39M
Supplemental Operating Expense Items
General and Administrative Expenses	3.11M	4.9M	8.9M	28.05M	36.29M
Stock-Based Comp., G&A Exp. (Total)	1.08M	2.55M	4.09M	4.36M	3.15M
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	1.08M	2.55M	4.09M	4.36M	3.15M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	9.08M	44.92M	104M	90.57M	103M
Total Cash And Short Term Investments	9.08M	44.92M	104M	90.57M	103M
Accounts Receivable, Total	1.12M	441K	106M	55.79M	65.48M
Other Receivables	10.96M	3.31M	12.18M	12.52M	23.38M
Total Receivables	12.08M	3.75M	118M	68.31M	88.86M
Inventory	7.66M	22.33M	13.77M	12.79M	13.57M
Prepaid Expenses	1.3M	797K	5.48M	1.3M	4.26M
Restricted Cash	-	23.54M	9.63M	14.73M	5.74M
Other Current Assets, Total	6.33M	36.74M	12.09M	15.48M	10.95M
Total Current Assets	36.45M	132M	263M	203M	226M
Gross Property Plant And Equipment	174M	259M	319M	409M	547M
Accumulated Depreciation	-	-1.2M	-	-	-
Net Property Plant And Equipment	174M	258M	319M	409M	547M
Accounts Receivable Long-Term	-	-	-	20.37M	19.28M
Deferred Tax Assets Long-Term	646K	629K	1.1M	13.04M	1.96M
Other Long-Term Assets, Total	3.65M	7.69M	19.4M	13.15M	15.64M
Total Assets	215M	398M	603M	658M	810M
Liabilities
Accounts Payable, Total	31.15M	55.02M	67.2M	25.04M	39.2M
Accrued Expenses, Total	18.19M	-	-	54.29M	55.75M
Short-term Borrowings	-	-	-	-	10.05M
Current Portion of Long-Term Debt	808K	24.5M	53.6M	-	-
Current Portion of Leases	89K	3.85M	2.57M	2.2M	10.43M
Current Income Taxes Payable	-	-	-	-	19.74M
Deferred Tax Liability Current	-	-	-	-	-
Other Current Liabilities	8.37M	1.4M	-	-	-
Total Current Liabilities	58.61M	84.77M	123M	81.53M	135M
Long-Term Debt	1.97M	73.7M	27.84M	-	-
Long-Term Leases	138K	13.81M	17.08M	26.66M	44.22M
Deferred Tax Liability Non Current	28K	40K	17.39M	55.11M	72.55M
Other Non Current Liabilities	17.23M	21.71M	17.88M	31.04M	47.02M
Total Liabilities	77.98M	194M	204M	194M	299M
Common Stock, Total	125M	127M	130M	141M	139M
Additional Paid In Capital	1.49M	3.22M	6.26M	9.85M	11.33M
Retained Earnings	10.37M	74.35M	263M	313M	361M
Comprehensive Income and Other	-	-	-	-	-
Total Common Equity	137M	204M	399M	464M	512M
Total Equity	137M	204M	399M	464M	512M
Total Liabilities And Equity	215M	398M	603M	658M	810M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	817M	837M	884M	915M	917M
ECS Total Common Shares Outstanding	816M	828M	862M	912M	912M
Book Value / Share	0.17	0.25	0.46	0.51	0.56
Tangible Book Value	137M	204M	399M	464M	512M
Tangible Book Value Per Share	0.17	0.25	0.46	0.51	0.56
Total Debt	3.01M	116M	101M	28.87M	64.69M
Net Debt	-6.07M	70.94M	-3.25M	-61.7M	-38.1M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	3.52M	10.11M	11.38M	11.98M	10.89M
Inventories - Finished Goods, Total	4.13M	12.22M	2.39M	813K	2.68M
Machinery, Total	291K	-	-	-	-
Full Time Employees	68	89	-	-	-

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-1.52M	63.97M	189M	111M	111M
Depreciation & Amortization - CF	12.98M	21.63M	33.57M	39.8M	62.24M
Amortization of Goodwill and Intangible Assets - (CF)	539K	530K	897K	994K	1.29M
Impairment of Oil, Gas & Mineral Properties - (CF)	-	-	-	-	-
Depreciation & Amortization, Total	13.52M	22.16M	34.46M	40.8M	63.53M
Stock-Based Compensation (CF)	997K	2.36M	3.34M	4.34M	1.53M
Other Operating Activities, Total	3.68M	-1.78M	35.19M	45.22M	38.63M
Change In Accounts Receivable	-	-	-114M	26.67M	-13.52M
Change In Inventories	-3.46M	-12.94M	6.24M	497K	-302K
Change In Accounts Payable	-2.47M	-13.42M	12.68M	9.44M	10.25M
Change In Income Taxes	-	-	-	-	18.59M
Change In Deferred Taxes	75K	-	-	-	-
Change in Other Net Operating Assets	2.53M	17.1M	5.89M	1.99M	602K
Cash from Operations	13.35M	77.46M	172M	239M	231M
Capital Expenditure	-42.3M	-82.19M	-94.2M	-108M	-165M
Other Investing Activities, Total	-1.84M	6M	-531K	2.7M	-1.79M
Cash from Investing	-44.14M	-76.19M	-94.73M	-106M	-166M
Short Term Debt Issued, Total	-	-	-	-	10M
Long-Term Debt Issued, Total	2.78M	90.9M	-	20M	-
Total Debt Issued	2.78M	90.9M	-	20M	10M
Long-Term Debt Repaid, Total	-91K	-5.55M	-23.97M	-104M	-5.82M
Total Debt Repaid	-91K	-5.55M	-23.97M	-104M	-5.82M
Issuance of Common Stock	16.63M	1.39M	3.5M	12.32M	-
Repurchase of Common Stock	-	-	-	-6.23M	-4.89M
Common Dividends Paid	-	-	-	-55.57M	-60.47M
Common & Preferred Stock Dividends Paid	-	-	-	-55.57M	-60.47M
Other Financing Activities, Total	-5K	-22.63M	-11.3M	-8.43M	-34K
Cash from Financing	19.32M	64.12M	-31.77M	-142M	-61.22M
Foreign Exchange Rate Adjustments	-	-	-	-	-
Miscellaneous Cash Flow Adjustments	-	-29.54M	13.91M	-5.1M	8.99M
Net Change in Cash	-11.47M	35.84M	59.42M	-13.77M	12.22M
Supplemental Items
Cash Interest Paid	5K	6M	11.3M	8.43M	34K
Cash Income Tax Paid (Refund)	-	-	3.45M	1.24M	150K
Levered Free Cash Flow	-31.08M	-78.87M	12.54M	82.55M	20.24M
Unlevered Free Cash Flow	-30.15M	-67.6M	25.02M	93.47M	22.99M
Change In Net Working Capital	2.45M	61.08M	60.85M	-58.31M	-24.61M
Net Debt Issued / Repaid	2.69M	85.35M	-23.97M	-84.46M	4.18M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	-0	16.62	28.27	15.61	13.1
Return on Total Capital	-0	22.15	34.5	19.83	18
Return On Equity %	-1.18	37.47	62.47	25.6	22.85
Return on Common Equity	-1.18	37.47	62.47	25.6	22.85
Margin Analysis
Gross Profit Margin %	49.06	69.87	83.62	83.44	79.11
SG&A Margin	17.98	9.51	6.08	9.8	10.87
EBITDA Margin %	22.95	68.24	79.39	68.82	64.38
EBITA Margin %	0.9	54.64	69.5	55.38	46.48
EBIT Margin %	-0.02	54.29	69.22	55.03	46.1
Income From Continuing Operations Margin %	-2.59	42.58	57.63	38.6	33.37
Net Income Margin %	-2.59	42.58	57.63	38.6	33.37
Net Avail. For Common Margin %	-2.59	42.58	57.63	38.6	33.37
Normalized Net Income Margin	-1.54	26.61	39.34	31.33	28.32
Levered Free Cash Flow Margin	-52.8	-52.5	3.83	28.84	6.06
Unlevered Free Cash Flow Margin	-51.22	-45	7.65	32.65	6.88
Asset Turnover
Asset Turnover	0.29	0.49	0.65	0.45	0.45
Fixed Assets Turnover	0.37	0.7	1.13	0.79	0.7
Receivables Turnover (Average Receivables)	13.11	191.86	6.17	3.55	5.51
Inventory Turnover (Average Inventory)	5.06	3.02	2.97	3.57	5.29
Short Term Liquidity
Current Ratio	0.62	1.56	2.13	2.49	1.67
Quick Ratio	0.36	0.57	1.8	1.95	1.42
Operating Cash Flow to Current Liabilities	0.23	0.91	1.39	2.94	1.71
Days Sales Outstanding (Average Receivables)	27.92	1.9	59.19	102.92	66.44
Days Outstanding Inventory (Average Inventory)	72.35	120.9	122.99	102.26	69.13
Average Days Payable Outstanding	367.39	317.72	495.44	224.9	166.6
Cash Conversion Cycle (Average Days)	-267.13	-194.92	-313.27	-19.71	-31.02
Long Term Solvency
Total Debt/Equity	2.19	56.72	25.31	6.22	12.65
Total Debt / Total Capital	2.15	36.19	20.2	5.86	11.23
LT Debt/Equity	1.54	42.84	11.25	5.75	8.64
Long-Term Debt / Total Capital	1.51	27.34	8.98	5.41	7.67
Total Liabilities / Total Assets	36.24	48.72	33.76	29.52	36.89
EBIT / Interest Expense	-0.01	4.52	11.34	9.01	35.06
EBITDA / Interest Expense	9.09	5.75	13.07	11.34	49.53
(EBITDA - Capex) / Interest Expense	-19.37	1.19	8.35	5.14	12.06
Total Debt / EBITDA	0.22	1.12	0.39	0.15	0.3
Net Debt / EBITDA	-0.45	0.68	-0.01	-0.31	-0.18
Total Debt / (EBITDA - Capex)	-0.1	5.38	0.61	0.32	1.22
Net Debt / (EBITDA - Capex)	0.21	3.3	-0.02	-0.69	-0.72
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-20.06	155.21	117.75	-12.49	16.67
Gross Profit, 1 Yr. Growth %	-30.77	263.42	160.61	-12.68	10.61
EBITDA, 1 Yr. Growth %	-55.8	658.92	153.32	-24.14	9.15
EBITA, 1 Yr. Growth %	-97.55	15.42K	176.95	-30.27	-2.07
EBIT, 1 Yr. Growth %	-100.05	-816K	177.65	-30.43	-2.27
Earnings From Cont. Operations, 1 Yr. Growth %	-107.56	-4.3K	194.7	-41.39	0.86
Net Income, 1 Yr. Growth %	-107.56	-4.3K	194.7	-41.39	0.86
Normalized Net Income, 1 Yr. Growth %	-107.16	-4.51K	221.91	-30.31	5.47
Diluted EPS Before Extra, 1 Yr. Growth %	-106.77	-3.54K	200	-42.86	0
Accounts Receivable, 1 Yr. Growth %	-85.68	-60.8	23.86K	-47.19	17.35
Inventory, 1 Yr. Growth %	82.42	191.69	-38.33	-7.12	6.08
Net Property, Plant and Equip., 1 Yr. Growth %	22.12	47.87	23.8	27.97	34
Total Assets, 1 Yr. Growth %	10.79	85.13	51.37	9.19	23.12
Tangible Book Value, 1 Yr. Growth %	13.3	48.92	95.5	16.18	10.25
Common Equity, 1 Yr. Growth %	13.3	48.92	95.5	16.18	10.25
Cash From Operations, 1 Yr. Growth %	-73.97	480.59	122.09	39.2	-3.63
Capital Expenditures, 1 Yr. Growth %	-52.35	94.32	14.61	15.13	51.7
Levered Free Cash Flow, 1 Yr. Growth %	-6.23	153.77	-116.25	558.05	-75.47
Unlevered Free Cash Flow, 1 Yr. Growth %	-7.65	124.19	-137.02	273.53	-75.41
Dividend Per Share, 1 Yr. Growth %	-	-	-	-	8.33
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	142.69	42.84	135.74	38.04	1.05
Gross Profit, 2 Yr. CAGR %	138.06	58.62	207.75	50.85	-1.72
EBITDA, 2 Yr. CAGR %	121.87	83.15	338.46	38.62	-9.01
EBITA, 2 Yr. CAGR %	-64.46	94.99	1.97K	38.97	-17.36
EBIT, 2 Yr. CAGR %	-95.44	96.27	14.95K	38.98	-17.54
Earnings From Cont. Operations, 2 Yr. CAGR %	-42.57	78.17	1.01K	31.43	-23.11
Net Income, 2 Yr. CAGR %	-42.57	78.17	1.01K	31.43	-23.11
Normalized Net Income, 2 Yr. CAGR %	-48.26	77.79	1.09K	49.78	-14.27
Diluted EPS Before Extra, 2 Yr. CAGR %	-54.92	52.75	916.59	30.93	-24.41
Accounts Receivable, 2 Yr. CAGR %	-20.79	-76.31	869.06	1.02K	-21.28
Inventory, 2 Yr. CAGR %	555.83	130.67	34.13	-24.32	-0.74
Net Property, Plant and Equip., 2 Yr. CAGR %	75.33	34.38	35.3	25.87	30.95
Total Assets, 2 Yr. CAGR %	49.62	43.22	67.4	28.56	15.94
Tangible Book Value, 2 Yr. CAGR %	33.01	29.9	70.63	50.71	13.18
Common Equity, 2 Yr. CAGR %	33.01	29.9	70.63	50.71	13.18
Cash From Operations, 2 Yr. CAGR %	2.01K	22.91	259.08	75.83	15.82
Capital Expenditures, 2 Yr. CAGR %	35	-3.77	49.24	14.87	32.16
Levered Free Cash Flow, 2 Yr. CAGR %	11.29	54.26	-36.47	3.4	27.04
Unlevered Free Cash Flow, 2 Yr. CAGR %	9.62	43.89	-8.9	17.59	-4.15
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	146.79	64.39	69.42	30.52
Gross Profit, 3 Yr. CAGR %	-	174.11	87.17	102.23	36.03
EBITDA, 3 Yr. CAGR %	148.06	234.3	104.06	144.32	28.01
EBITA, 3 Yr. CAGR %	-15.83	169.62	119.19	569.19	23.67
EBIT, 3 Yr. CAGR %	-77.78	156.97	120.33	2.41K	23.59
Earnings From Cont. Operations, 3 Yr. CAGR %	-17.9	140.11	110.71	317	20.33
Net Income, 3 Yr. CAGR %	-17.9	140.11	110.71	317	20.33
Normalized Net Income, 3 Yr. CAGR %	-19.27	127.78	116.69	362.67	33.25
Diluted EPS Before Extra, 3 Yr. CAGR %	-75.3	91.29	91.29	289.42	19.68
Accounts Receivable, 3 Yr. CAGR %	-	-37.35	137.81	267.4	429.52
Inventory, 3 Yr. CAGR %	196.07	400.61	48.6	18.66	-15.3
Net Property, Plant and Equip., 3 Yr. CAGR %	65.2	65.65	30.76	32.81	28.52
Total Assets, 3 Yr. CAGR %	29.63	60.63	45.88	45.18	26.72
Tangible Book Value, 3 Yr. CAGR %	18.69	38.12	48.86	50.11	35.8
Common Equity, 3 Yr. CAGR %	18.69	38.12	48.86	50.11	35.8
Cash From Operations, 3 Yr. CAGR %	130.7	1.27K	49.7	161.83	43.89
Capital Expenditures, 3 Yr. CAGR %	550.02	52.43	2	36.87	26.03
Levered Free Cash Flow, 3 Yr. CAGR %	266.84	46.48	-27.67	38.49	-35.99
Unlevered Free Cash Flow, 3 Yr. CAGR %	263.15	39.14	-8.48	45.81	-30.2
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	95.62	35.31
Gross Profit, 5 Yr. CAGR %	-	-	-	115.86	44.65
EBITDA, 5 Yr. CAGR %	-	-	211.53	135.08	47.73
EBITA, 5 Yr. CAGR %	-	148.44	203.21	106.83	48.38
EBIT, 5 Yr. CAGR %	-	148.12	201.29	100.96	48.71
Earnings From Cont. Operations, 5 Yr. CAGR %	-	136.36	132.85	88.68	40.78
Net Income, 5 Yr. CAGR %	-	136.36	132.85	88.68	40.78
Normalized Net Income, 5 Yr. CAGR %	-	136.35	137	92.61	49.54
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-47.38	9.28	64.38	31.95
Accounts Receivable, 5 Yr. CAGR %	-	-	-	98.88	52.82
Inventory, 5 Yr. CAGR %	-	-	115.7	135.13	26.45
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	52.52	48.42	30.83
Total Assets, 5 Yr. CAGR %	-	295.89	43.59	46.94	33.08
Tangible Book Value, 5 Yr. CAGR %	-	286.31	37.23	43.02	33.41
Common Equity, 5 Yr. CAGR %	-	286.31	37.23	43.02	33.41
Cash From Operations, 5 Yr. CAGR %	-	147.37	175.34	503.15	35.1
Capital Expenditures, 5 Yr. CAGR %	-	-	260.84	36.12	13.14
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	81.92	26.89	-9.39
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	108.87	30.09	-6.77
Dividend Per Share, 5 Yr. CAGR %	-	-	-	-	118.3