Cash flow Pharos Energy plc

Equities

SIA

GB00B572ZV91

Oil & Gas Exploration and Production

Delayed London S.E. Other stock markets 09:43:24 19/02/2026 GMT			5-day change	1st Jan Change
24.50 ^GBX	+1.23%		+3.80%	+16.10%

01-22	Strategic Minerals fundraise demand tops expectations	AN
01-22	Pharos Energy plc Provides Production Guidance for the Year 2026	CI

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Published financial data: PHAROS ENERGY PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	135M	124M	184M	157M	127M
Total Revenues	135M	124M	184M	157M	127M
Cost of Goods Sold, Total	117M	104M	102M	101M	80.6M
Gross Profit	18.2M	19.5M	82.3M	56.7M	46.2M
Selling General & Admin Expenses, Total	14.7M	13.2M	10M	9M	9.1M
Exploration / Drilling Costs, Total	-	-	-	-	-
Provision for Bad Debts	-	-	-	-	-2.5M
Stock-Based Compensation (IS)	-	-	-	-	600K
Impairment of Oil, Gas & Mineral Properties - (IS)	235M	-52.4M	-27.9M	65.4M	-26.3M
Other Operating Expenses	800K	800K	1.3M	2M	2.2M
Other Operating Expenses, Total	250M	-38.4M	-16.6M	76.4M	-16.9M
Operating Income	-232M	57.9M	98.9M	-19.7M	63.1M
Interest Expense, Total	-4.8M	-6.7M	-10.1M	-7.7M	-1.1M
Interest And Investment Income	100K	-	200K	200K	400K
Net Interest Expenses	-4.7M	-6.7M	-9.9M	-7.5M	-700K
Currency Exchange Gains (Loss)	-100K	600K	-1.3M	-500K	-600K
Other Non Operating Income (Expenses)	-	-	-	-1.3M	-800K
EBT, Excl. Unusual Items	-237M	51.8M	87.7M	-29M	61M
Restructuring Charges	100K	-3M	-100K	-	-600K
Merger & Related Restructuring Charges	-4.9M	-	-	-	-
Gain (Loss) On Sale Of Investments	-	-	-	-	300K
Gain (Loss) On Sale Of Assets	-	-10.4M	-6.3M	-	-
Other Unusual Items	500K	200K	-700K	-	-
EBT, Incl. Unusual Items	-241M	38.6M	80.6M	-29M	60.7M
Income Tax Expense	-25.6M	43.3M	56.2M	19.8M	37.1M
Earnings From Continuing Operations	-216M	-4.7M	24.4M	-48.8M	23.6M
Earnings Of Discontinued Operations	-200K	-	-	-	-
Net Income to Company	-216M	-4.7M	24.4M	-48.8M	23.6M
Net Income - (IS)	-216M	-4.7M	24.4M	-48.8M	23.6M
Net Income to Common Incl Extra Items	-216M	-4.7M	24.4M	-48.8M	23.6M
Net Income to Common Excl. Extra Items	-216M	-4.7M	24.4M	-48.8M	23.6M
Per Share Items
Net EPS - Basic	-0.55	-0.01	0.06	-0.11	0.06
Basic EPS - Continuing Operations	-0.55	-0.01	0.06	-0.11	0.06
Basic Weighted Average Shares Outstanding	395M	438M	439M	427M	417M
Net EPS - Diluted	-0.55	-0.01	0.05	-0.11	0.05
Diluted EPS - Continuing Operations	-0.55	-0.01	0.05	-0.11	0.05
Diluted Weighted Average Shares Outstanding	395M	438M	440M	427M	420M
Normalized Basic EPS	-0.37	0.07	0.12	-0.04	0.09
Normalized Diluted EPS	-0.37	0.07	0.12	-0.04	0.09
Dividend Per Share	-	-	0.01	0.01	0.02
Payout Ratio	-	-	-	-11.48	25
American Depositary Receipts Ratio (ADR)	2	2	2	2	2
Supplemental Items
EBITDA	66.2M	73.17M	126M	101M	83.8M
EBITA	-232M	57.9M	98.9M	-19.7M	63.1M
EBIT	-232M	57.9M	98.9M	-19.7M	63.1M
EBITDAR	66.9M	-	-	112M	94M
Effective Tax Rate - (Ratio)	10.61	112.18	69.73	-68.28	61.12
Current Foreign Taxes	26.7M	37.6M	54.5M	44.5M	37.8M
Total Current Taxes	26.7M	37.6M	54.5M	44.5M	37.8M
Deferred Foreign Taxes	-52.3M	5.7M	1.7M	-24.7M	-700K
Total Deferred Taxes	-52.3M	5.7M	1.7M	-24.7M	-700K
Normalized Net Income	-148M	32.38M	54.81M	-18.12M	38.12M
Interest on Long-Term Debt	4.8M	-	-	-	-
Supplemental Operating Expense Items
General and Administrative Expenses	14M	13.2M	10M	9M	9.1M
Exploration/Drilling Costs	-	-	-	-	-
Net Rental Expense, Total	700K	-	-	11.5M	10.2M
Imputed Operating Lease Interest Expense	337K	-	-	12.21M	4.36M
Imputed Operating Lease Depreciation	363K	-	-	-714K	5.84M
Stock-Based Comp., G&A Exp. (Total)	2.8M	2.2M	1.3M	900K	900K
Stock-Based Comp., Other (Total)	-	900K	-	-	600K
Total Stock-Based Compensation	2.8M	3.1M	1.3M	900K	1.5M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	24.6M	27.1M	45.3M	32.6M	16.5M
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	24.6M	27.1M	45.3M	32.6M	16.5M
Accounts Receivable, Total	14.8M	28.1M	33.2M	50.8M	40.5M
Other Receivables	2.2M	1.5M	29.1M	11.7M	4.8M
Total Receivables	17M	29.6M	62.3M	62.5M	45.3M
Inventory	17.7M	10.7M	7.2M	3.3M	9.3M
Prepaid Expenses	6.5M	-	700K	1.9M	2.8M
Other Current Assets, Total	-	62M	-	100K	100K
Total Current Assets	65.8M	129M	116M	100M	74M
Gross Property Plant And Equipment	1.21B	1.09B	1.1B	1.12B	1.13B
Accumulated Depreciation	-775M	-693M	-721M	-836M	-855M
Net Property Plant And Equipment	436M	400M	382M	280M	274M
Other Intangibles, Total	1.5M	12.4M	16.5M	18.2M	21.8M
Other Long-Term Assets, Total	45.9M	48.1M	59.1M	58.6M	57.8M
Total Assets	549M	590M	573M	457M	427M
Liabilities
Accounts Payable, Total	18.4M	7.9M	-	-	-
Accrued Expenses, Total	8.2M	16.7M	6.6M	2.9M	6.6M
Current Portion of Long-Term Debt	12.7M	33.3M	39.6M	29.5M	-
Current Portion of Leases	400K	-	300K	300K	200K
Current Income Taxes Payable	6.7M	5.4M	5.2M	5.8M	3.2M
Other Current Liabilities	9M	14.5M	7.4M	11.3M	7.7M
Total Current Liabilities	55.4M	77.8M	59.1M	49.8M	17.7M
Long-Term Debt	41M	47.2M	34.6M	11M	-
Long-Term Leases	-	-	500K	200K	-
Deferred Tax Liability Non Current	85.5M	91.2M	92.9M	68.2M	67.5M
Other Non Current Liabilities	73.4M	69.1M	55.2M	54.3M	51.3M
Total Liabilities	255M	285M	242M	184M	136M
Common Stock, Total	31.9M	34.9M	34.3M	33.7M	33.1M
Additional Paid In Capital	55.4M	58M	58M	58M	58M
Retained Earnings	-41.7M	-44.1M	-20.4M	-78.7M	-63.5M
Treasury Stock	-45.3M	-44.3M	-42.7M	-42.6M	-41.3M
Comprehensive Income and Other	293M	300M	301M	303M	304M
Total Common Equity	294M	304M	331M	274M	291M
Total Equity	294M	304M	331M	274M	291M
Total Liabilities And Equity	549M	590M	573M	457M	427M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	395M	441M	420M	419M	411M
ECS Total Common Shares Outstanding	395M	441M	431M	421M	411M
Book Value / Share	0.74	0.69	0.77	0.65	0.71
Tangible Book Value	292M	292M	314M	255M	269M
Tangible Book Value Per Share	0.74	0.66	0.73	0.61	0.65
Total Debt	54.1M	80.5M	75M	41M	200K
Net Debt	29.5M	53.4M	29.7M	8.4M	-16.3M
Debt Equivalent Oper. Leases	5.6M	-	-	92M	81.6M
Account Code - Inventory Valuation	3	6	6	6	6
Inventories - Finished Goods, Total	5.6M	-	7.2M	3.3M	9.3M
Inventories - Others	12.1M	-	-	-	-
Machinery, Total	1.9M	900K	1.1M	1.3M	1.3M
Full Time Employees	71	65	36	36	33

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-216M	-4.7M	24.4M	-48.8M	23.6M
Depreciation & Amortization - CF	64.5M	51.4M	55.2M	55.6M	47.3M
Impairment of Oil, Gas & Mineral Properties - (CF)	235M	-52.4M	-27.9M	65.4M	-26.3M
Depreciation & Amortization, Total	299M	-1M	27.3M	121M	21M
(Gain) Loss From Sale Of Asset	-	10.4M	-	-	-
Asset Writedown & Restructuring Costs	-	600K	-	-	-400K
Stock-Based Compensation (CF)	2.8M	2.4M	1.3M	900K	900K
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	-44.6M	11.7M	18.5M	-13.2M	3.9M
Change In Accounts Receivable	19.6M	-7.2M	-7.7M	-19.1M	11.3M
Change In Inventories	-1.5M	800K	-900K	3.9M	-6M
Change In Accounts Payable	-3.4M	-2.2M	-9.5M	200K	-300K
Cash from Operations	56.4M	10.8M	53.4M	44.9M	54M
Capital Expenditure	-35.5M	-24.4M	-25.4M	-13.5M	-18.4M
Sale of Property, Plant, and Equipment	-	2M	-	-	-
Cash Acquisitions	-	-	-	-	-
Divestitures	-	-	-	-	-
Sale (Purchase) of Intangible assets	-3.5M	-15.2M	-4.4M	-9.7M	-5.4M
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Other Investing Activities, Total	-2.3M	-2.2M	15.8M	16.6M	5.9M
Cash from Investing	-41.3M	-39.8M	-14M	-6.6M	-17.9M
Long-Term Debt Issued, Total	-	39.9M	16.7M	9.2M	2.2M
Total Debt Issued	-	39.9M	16.7M	9.2M	2.2M
Long-Term Debt Repaid, Total	-43.9M	-12.9M	-27.2M	-44.5M	-41.7M
Total Debt Repaid	-43.9M	-12.9M	-27.2M	-44.5M	-41.7M
Issuance of Common Stock	-	11.7M	-	-	-
Repurchase of Common Stock	-	-	-2.9M	-2.8M	-3.8M
Common Dividends Paid	-	-	-	-5.6M	-5.9M
Common & Preferred Stock Dividends Paid	-	-	-	-5.6M	-5.9M
Other Financing Activities, Total	-4.6M	-7.6M	-6.4M	-6.4M	-2.4M
Cash from Financing	-48.5M	31.1M	-19.8M	-50.1M	-51.6M
Foreign Exchange Rate Adjustments	-500K	400K	-1.4M	-900K	-600K
Net Change in Cash	-33.9M	2.5M	18.2M	-12.7M	-16.1M
Supplemental Items
Cash Interest Paid	4.6M	6.8M	6M	6.4M	2.4M
Cash Income Tax Paid (Refund)	26.5M	39.9M	54.7M	44.3M	37.2M
Levered Free Cash Flow	130M	-64.4M	61.1M	84.78M	46.95M
Unlevered Free Cash Flow	133M	-60.21M	67.41M	89.59M	47.64M
Change In Net Working Capital	-15.4M	58.9M	-6.8M	-3.2M	-9.5M
Net Debt Issued / Repaid	-43.9M	27M	-10.5M	-35.3M	-39.5M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	-20.62	6.36	10.63	-2.39	8.92
Return on Total Capital	-30.12	9.88	15.64	-3.42	12.99
Return On Equity %	-53.65	-1.57	7.68	-16.16	8.34
Return on Common Equity	-53.65	-1.57	7.68	-16.16	8.34
Margin Analysis
Gross Profit Margin %	13.48	15.73	44.63	36.02	36.44
SG&A Margin	10.89	10.65	5.42	5.72	7.18
EBITDA Margin %	49.04	59.01	68.38	64.17	66.09
EBITA Margin %	-171.93	46.69	53.63	-12.52	49.76
EBIT Margin %	-171.93	46.69	53.63	-12.52	49.76
Income From Continuing Operations Margin %	-159.7	-3.79	13.23	-31	18.61
Net Income Margin %	-159.85	-3.79	13.23	-31	18.61
Net Avail. For Common Margin %	-159.7	-3.79	13.23	-31	18.61
Normalized Net Income Margin	-109.68	26.11	29.72	-11.52	30.07
Levered Free Cash Flow Margin	96.62	-51.94	33.13	53.86	37.03
Unlevered Free Cash Flow Margin	98.84	-48.56	36.56	56.92	37.57
Asset Turnover
Asset Turnover	0.19	0.22	0.32	0.31	0.29
Fixed Assets Turnover	0.24	0.3	0.47	0.48	0.46
Receivables Turnover (Average Receivables)	5.83	5.78	6.02	3.75	2.78
Inventory Turnover (Average Inventory)	6.89	7.36	11.41	19.18	12.79
Short Term Liquidity
Current Ratio	1.19	1.66	1.95	2.02	4.18
Quick Ratio	0.75	0.73	1.82	1.91	3.49
Operating Cash Flow to Current Liabilities	1.02	0.14	0.9	0.9	3.05
Days Sales Outstanding (Average Receivables)	62.76	63.14	60.67	97.4	131.77
Days Outstanding Inventory (Average Inventory)	53.11	49.6	32	19.03	28.61
Average Days Payable Outstanding	46.87	49.23	-	-	-
Cash Conversion Cycle (Average Days)	69	63.51	-	-	-
Long Term Solvency
Total Debt/Equity	18.42	26.45	22.69	14.99	0.07
Total Debt / Total Capital	15.55	20.91	18.49	13.04	0.07
LT Debt/Equity	13.96	15.51	10.62	4.1	-
Long-Term Debt / Total Capital	11.79	12.26	8.65	3.56	-
Total Liabilities / Total Assets	46.5	48.38	42.29	40.15	31.94
EBIT / Interest Expense	-48.35	8.64	9.79	-2.56	57.36
EBITDA / Interest Expense	14	10.92	12.5	13.16	76.45
(EBITDA - Capex) / Interest Expense	6.6	7.28	9.98	11.4	59.73
Total Debt / EBITDA	0.81	1.1	0.59	0.4	0
Net Debt / EBITDA	0.44	0.73	0.24	0.08	-0.19
Total Debt / (EBITDA - Capex)	1.71	1.65	0.74	0.47	0
Net Debt / (EBITDA - Capex)	0.93	1.1	0.29	0.1	-0.25
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-23.9	-8.15	48.71	-14.64	-19.44
Gross Profit, 1 Yr. Growth %	-70.21	7.14	322.05	-31.11	-21.56
EBITDA, 1 Yr. Growth %	-40.84	10.52	72.35	-19.9	-17.03
EBITA, 1 Yr. Growth %	-737.64	-124.95	70.81	-119.92	-420.3
EBIT, 1 Yr. Growth %	-737.64	-124.95	70.81	-119.92	-420.3
Earnings From Cont. Operations, 1 Yr. Growth %	713.58	-97.82	-619.15	-300	-148.36
Net Income, 1 Yr. Growth %	780.82	-97.82	-619.15	-300	-148.36
Normalized Net Income, 1 Yr. Growth %	-934.15	-122	67.69	-132.95	-317.08
Diluted EPS Before Extra, 1 Yr. Growth %	679.03	-97.99	-597.7	-308.67	-147.34
Accounts Receivable, 1 Yr. Growth %	-53.02	89.86	18.15	53.01	-20.28
Inventory, 1 Yr. Growth %	9.26	-39.55	-32.71	-54.17	181.82
Net Property, Plant and Equip., 1 Yr. Growth %	-35.62	-8.26	-4.5	-26.72	-2.18
Total Assets, 1 Yr. Growth %	-36.01	7.41	-2.85	-20.23	-6.5
Tangible Book Value, 1 Yr. Growth %	-40.33	-0.07	7.57	-18.72	4.67
Common Equity, 1 Yr. Growth %	-42.42	3.64	8.61	-17.27	5.67
Cash From Operations, 1 Yr. Growth %	-21.99	-80.85	394.44	-15.92	20.27
Capital Expenditures, 1 Yr. Growth %	-29.28	-31.27	4.1	-46.85	36.3
Levered Free Cash Flow, 1 Yr. Growth %	632.79	-149.37	-195.34	38.75	-43.76
Unlevered Free Cash Flow, 1 Yr. Growth %	454.83	-145.12	-211.96	32.89	-46.04
Dividend Per Share, 1 Yr. Growth %	-	-	-	16.28	8.12
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-8.14	-16.39	16.87	12.67	-17.08
Gross Profit, 2 Yr. CAGR %	-49.19	-43.51	112.65	70.52	-25.08
EBITDA, 2 Yr. CAGR %	-15.54	-19.14	38.02	17.49	-18.48
EBITA, 2 Yr. CAGR %	71.95	26.12	-34.72	-41.67	-20.12
EBIT, 2 Yr. CAGR %	71.95	26.12	-34.72	-41.67	-20.12
Earnings From Cont. Operations, 2 Yr. CAGR %	199.1	-57.89	-66.36	222.23	-1.65
Net Income, 2 Yr. CAGR %	179.12	-56.2	-66.37	222.23	-1.65
Normalized Net Income, 2 Yr. CAGR %	71.98	35.05	-38.96	-25.54	-16.74
Diluted EPS Before Extra, 2 Yr. CAGR %	179.33	-60.38	-68.33	222.26	-0.61
Accounts Receivable, 2 Yr. CAGR %	-6.14	-5.55	49.77	34.46	10.45
Inventory, 2 Yr. CAGR %	107.78	-18.73	-36.22	-44.47	13.65
Net Property, Plant and Equip., 2 Yr. CAGR %	-7.31	-23.15	-6.4	-16.34	-15.33
Total Assets, 2 Yr. CAGR %	-18.08	-17.1	2.15	-11.97	-13.64
Tangible Book Value, 2 Yr. CAGR %	-23.17	-22.78	3.68	-6.5	-7.46
Common Equity, 2 Yr. CAGR %	-23.42	-22.75	6.1	-5.21	-6.21
Cash From Operations, 2 Yr. CAGR %	2.01	-61.35	-2.7	103.9	0.56
Capital Expenditures, 2 Yr. CAGR %	46.24	-30.28	-15.41	-25.62	-14.89
Levered Free Cash Flow, 2 Yr. CAGR %	68.6	90.21	-31.56	15.01	-12.34
Unlevered Free Cash Flow, 2 Yr. CAGR %	69.83	58.23	-28.92	21.98	-15.94
Dividend Per Share, 2 Yr. CAGR %	-	-	-	-	12.12
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-1.81	-8.15	1.3	5.25	0.75
Gross Profit, 3 Yr. CAGR %	-23.84	-34.84	10.44	46.05	33.31
EBITDA, 3 Yr. CAGR %	-5.36	-7.62	4.06	15.12	4.63
EBITA, 3 Yr. CAGR %	121.7	-9.65	39.54	-56.05	2.91
EBIT, 3 Yr. CAGR %	121.7	-9.65	39.54	-56.05	2.91
Earnings From Cont. Operations, 3 Yr. CAGR %	250.67	-42.01	-2.71	-39.06	71.24
Net Income, 3 Yr. CAGR %	11.12	-44.64	-0.14	-39.08	71.24
Normalized Net Income, 3 Yr. CAGR %	118.53	-13.52	45.62	-50.24	5.26
Diluted EPS Before Extra, 3 Yr. CAGR %	217.27	-46.03	-7.9	-40.63	70.05
Accounts Receivable, 3 Yr. CAGR %	-5.43	18.7	1.77	50.85	12.96
Inventory, 3 Yr. CAGR %	61.53	37.68	-23.69	-42.87	-4.57
Net Property, Plant and Equip., 3 Yr. CAGR %	-4.85	-7.62	-17.38	-13.73	-11.87
Total Assets, 3 Yr. CAGR %	-8.21	-10.33	-12.6	-5.93	-10.18
Tangible Book Value, 3 Yr. CAGR %	-15.88	-16.13	-13.76	-4.4	-2.7
Common Equity, 3 Yr. CAGR %	-15.95	-15.29	-13.46	-2.35	-1.51
Cash From Operations, 3 Yr. CAGR %	7.82	-41.59	-9.61	-7.32	71
Capital Expenditures, 3 Yr. CAGR %	19.51	13.7	-20.32	-27.55	-8.98
Levered Free Cash Flow, 3 Yr. CAGR %	10.52	11.96	50.85	-13.38	-9.85
Unlevered Free Cash Flow, 3 Yr. CAGR %	11.36	9.18	41	-12.44	-7.51
Dividend Per Share, 3 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-7.36	-2.56	5.28	-0.33	-6.5
Gross Profit, 5 Yr. CAGR %	-17.77	-10.89	14.84	-4.26	-5.44
EBITDA, 5 Yr. CAGR %	-10.11	-2.77	10.06	1.71	-5.62
EBITA, 5 Yr. CAGR %	241.46	21.91	35.94	-24.16	11.63
EBIT, 5 Yr. CAGR %	241.46	21.91	35.94	-24.16	11.63
Earnings From Cont. Operations, 5 Yr. CAGR %	44.86	2.28	37.3	15.15	-2.29
Net Income, 5 Yr. CAGR %	44.89	2.28	-31.11	11.99	-0.75
Normalized Net Income, 5 Yr. CAGR %	242.86	18.79	31.04	-18.39	16.52
Diluted EPS Before Extra, 5 Yr. CAGR %	39.6	-4.91	26.21	10.3	-5.05
Accounts Receivable, 5 Yr. CAGR %	0.14	5.11	13.66	24.77	5.15
Inventory, 5 Yr. CAGR %	41.68	13.42	11.38	-4.25	-10.51
Net Property, Plant and Equip., 5 Yr. CAGR %	-10.54	-6.32	-5.47	-11.22	-16.56
Total Assets, 5 Yr. CAGR %	-14.21	-8.37	-4.19	-10.99	-13.01
Tangible Book Value, 5 Yr. CAGR %	-15.57	-10.92	-8.54	-12.4	-11.29
Common Equity, 5 Yr. CAGR %	-19.93	-14.63	-7.74	-11.39	-10.63
Cash From Operations, 5 Yr. CAGR %	-6.82	-25.16	3.48	-3.69	-5.67
Capital Expenditures, 5 Yr. CAGR %	-12.7	23.77	4.08	-4.05	-18.19
Levered Free Cash Flow, 5 Yr. CAGR %	59.21	15.03	-8.76	13.06	21.41
Unlevered Free Cash Flow, 5 Yr. CAGR %	60.1	13.45	-6.94	14.13	14.65
Dividend Per Share, 5 Yr. CAGR %	-	-	-29.86	-27.53	-