Hemisphere Energy Corp. engages in the acquisition, exploration, development, and production of petroleum and natural gas interests. The company is headquartered in Vancouver, British Columbia and currently employs 9 full-time employees. The firm is focused on conventional heavy oil assets through polymer flood-enhanced oil recovery methods. The Company’s principal business is the acquisition, exploration, development, and production of petroleum and natural gas interests in Canada. The company specializes in the development of conventional oil pools using polymer flood-enhanced oil recovery to maximize production and oil recovery. Its oil assets are in southeast Alberta, Canada and are 100% owned and operated by it. Atlee Buffalo is its core area, located approximately 85 kilometers north of Medicine Hat. The property has three oil pools delineated by vertical wells and defined by 3D seismic. Its wholly owned subsidiary is Hemi Energy Inc.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenue
98
99
84
96
43
18
Revenue Growth (YoY)
0%
18%
-13%
123%
139%
-42%
Cost of Revenue
38
39
32
38
16
7
Gross Profit
59
60
51
58
27
10
Selling, General & Admin
6
4
5
6
4
2
Research & Development
0
0
0
0
0
0
Operating Expenses
17
15
14
14
8
6
Other Non Operating Income (Expenses)
0
0
0
0
0
0
Pretax Income
40
43
32
29
5
0
Income Tax Expense
9
10
8
8
0
0
Net Income
30
33
24
21
5
0
Net Income Growth
3%
38%
14%
320%
--
-100%
Shares Outstanding (Diluted)
97.55
100
101.89
101.19
92.39
88.16
Shares Change (YoY)
-3%
-2%
1%
10%
5%
-2%
EPS (Diluted)
0.3
0.33
0.23
0.21
0.06
0
EPS Growth
3%
39%
13%
229%
-1,464%
-127%
Free Cash Flow
43
24
27
26
6
7
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
60.2%
60.6%
60.71%
60.41%
62.79%
55.55%
Operating Margin
41.83%
44.44%
44.04%
44.79%
41.86%
16.66%
Profit Margin
30.61%
33.33%
28.57%
21.87%
11.62%
0%
Free Cash Flow Margin
43.87%
24.24%
32.14%
27.08%
13.95%
38.88%
EBITDA
52
54
46
50
22
7
EBITDA Margin
53.06%
54.54%
54.76%
52.08%
51.16%
38.88%
D&A For EBITDA
11
10
9
7
4
4
EBIT
41
44
37
43
18
3
EBIT Margin
41.83%
44.44%
44.04%
44.79%
41.86%
16.66%
Effective Tax Rate
22.5%
23.25%
25%
27.58%
0%
0%
Follow-Up Questions
What are Hemisphere Energy Corporation's key financial statements?
According to the latest financial statement (Form-10K), Hemisphere Energy Corporation has a total asset of $111, Net profit of $33
What are the key financial ratios for HMENF?
Hemisphere Energy Corporation's Current ratio is 3.08, has a Net margin is 33.33, sales per share of $0.98.
How is Hemisphere Energy Corporation's revenue broken down by segment or geography?
Hemisphere Energy Corporation largest revenue segment is Heavy Crude Oil, at a revenue of 99,874,000 in the most earnings release.For geography, Canada is the primary market for Hemisphere Energy Corporation, at a revenue of 79,710,000.
Is Hemisphere Energy Corporation profitable?
yes, according to the latest financial statements, Hemisphere Energy Corporation has a net profit of $33
Does Hemisphere Energy Corporation have any liabilities?
yes, Hemisphere Energy Corporation has liability of 36
How many outstanding shares for Hemisphere Energy Corporation?
Hemisphere Energy Corporation has a total outstanding shares of 97.38