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Complete financial analysis of Hemisphere Energy Corporation (HMENF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Hemisphere Energy Corporation, a leading company in the Oil & Gas Exploration & Production industry within the Energy sector.
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Hemisphere Energy Corporation (HMENF)
About Hemisphere Energy Corporation
Hemisphere Energy Corporation acquires, explores for, develops, and produces petroleum and natural gas interests in Canada. It primarily owns a 100% working interest in 9,440 net acres of land in the Atlee Buffalo property located in southeastern Alberta; and a land position of 7,009 net acres in the Jenner property situated in southeastern Alberta. The company was formerly known as Northern Hemisphere Development Corp. and changed its name to Hemisphere Energy Corporation in April 2009. Hemisphere Energy Corporation was founded in 1977 and is headquartered in Vancouver, Canada.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 67.70M | 96.70M | 43.14M | 18.66M | 31.51M | 17.76M | 10.97M | 6.22M | 9.75M | 16.64M | 10.57M | 4.59M | 289.43K | 191.75K | 354.37K | 438.96K | 10.29K | 32.16K | 14.12K | 16.02K | 15.84K | 18.02K | 44.29K | 17.06K | 26.88K | 39.09K | 25.14K |
| Cost of Revenue | 25.20M | 46.31M | 20.58M | 12.40M | 17.12M | 13.16M | 9.14M | 6.67M | 9.53M | 12.72M | 8.05M | 702.35K | 228.55K | 124.73K | 143.56K | 207.09K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.34K | 5.35K | 7.63K | 6.25K | 8.75K | 0.00 |
| Gross Profit | 42.51M | 50.39M | 22.56M | 6.26M | 14.40M | 4.60M | 1.83M | -449.60K | 214.39K | 3.91M | 2.52M | 3.89M | 60.88K | 67.02K | 210.81K | 231.88K | 10.29K | 32.16K | 14.12K | 16.02K | 15.84K | 15.67K | 38.94K | 9.44K | 20.64K | 30.34K | 25.14K |
| Gross Profit Ratio | 62.78% | 52.11% | 52.30% | 33.52% | 45.68% | 25.90% | 16.71% | -7.23% | 2.20% | 23.53% | 23.82% | 84.70% | 21.03% | 34.95% | 59.49% | 52.82% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 86.99% | 87.92% | 55.30% | 76.77% | 77.62% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 4.62M | 6.69M | 4.34M | 2.07M | 2.13M | 2.14M | 1.82M | 1.37M | 1.88M | 2.65M | 1.88M | 3.01M | 1.00M | 516.70K | 471.45K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 846.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 5.47M | 6.69M | 4.34M | 2.07M | 2.13M | 2.14M | 1.82M | 1.37M | 1.88M | 2.65M | 1.88M | 3.01M | 1.00M | 516.70K | 471.45K | 600.26K | 377.52K | 4.50M | 1.50M | 350.68K | 270.27K | 255.61K | 273.47K | 181.63K | 203.10K | 277.48K | 146.94K |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 369.24K | 0.00 | 0.00 | -2.40K | -4.63K | -121.11K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 5.47M | 6.73M | 4.51M | 2.46M | 3.32M | 3.21M | 2.50M | 1.76M | 2.07M | 2.92M | 2.00M | 4.08M | 1.12M | 721.59K | 791.80K | 909.52K | 384.47K | 4.50M | 1.50M | 351.14K | 270.27K | 255.61K | 273.47K | 181.63K | 203.10K | 277.48K | 146.94K |
| Cost & Expenses | 30.67M | 53.05M | 25.09M | 14.86M | 20.44M | 16.37M | 11.64M | 8.43M | 11.60M | 15.65M | 10.05M | 4.79M | 1.35M | 846.32K | 935.36K | 1.12M | 384.47K | 4.50M | 1.50M | 351.14K | 270.27K | 257.95K | 278.82K | 189.26K | 209.34K | 286.23K | 146.94K |
| Interest Income | 121.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 865.00 | 4.55K | 1.63K | 2.55K | 34.72K | 57.20K | 20.52K | 2.85K | 978.00 | 91.00 | 2.93K | 11.77K | 497.00 | 11.33K | 11.33K | 0.00 |
| Interest Expense | 731.00K | 929.00K | 2.14M | 3.67M | 4.06M | 3.16M | 970.65K | 538.22K | 447.10K | 197.68K | 189.26K | 6.49K | 0.00 | 11.77K | 0.00 | 1.46K | 1.11K | 1.82K | 1.47K | 34.00K | 34.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 9.02M | 8.04M | 4.59M | 4.62M | 5.88M | 4.60M | 3.21M | 2.94M | 5.12M | 5.43M | 3.10M | 1.07M | 118.75K | 206.15K | 322.67K | 309.27K | 6.95K | 4.21K | 1.54K | 458.00 | 0.00 | 0.00 | 0.00 | 1.62K | 1.62K | 1.62K | 1.62K |
| EBITDA | 42.21M | 38.47M | 22.15M | 7.12M | 10.81M | 5.36M | -412.00K | 589.51K | -1.10M | 3.65M | 3.06M | 880.26K | -533.45K | -1.37M | -460.20K | -368.38K | -369.89K | -367.23K | -4.79M | -1.49M | -433.72K | -254.43K | -239.94K | -234.53K | -170.58K | -180.84K | -245.53K |
| EBITDA Ratio | 62.35% | 53.30% | 51.34% | 41.06% | 51.56% | 30.16% | 20.89% | 9.48% | 33.49% | 40.80% | 34.18% | 19.18% | -184.31% | -235.43% | 210.47% | -83.92% | -3,567.39% | -13,888.36% | -10,526.79% | -2,088.49% | -1,606.57% | -1,331.71% | -529.50% | -999.87% | -672.71% | -628.18% | -477.98% |
| Operating Income | 37.04M | 37.37M | 15.06M | 2.95M | 4.92M | 588.15K | -3.00M | -2.06M | -6.10M | -1.63M | -5.12M | -446.26K | -1.06M | -666.35K | -580.99K | -677.65K | -374.18K | -4.47M | -1.49M | -335.12K | -254.43K | -239.94K | -234.53K | -172.20K | -182.46K | -247.14K | -121.80K |
| Operating Income Ratio | 54.70% | 38.65% | 34.91% | 15.79% | 15.62% | 3.31% | -27.36% | -33.19% | -62.54% | -9.82% | -48.38% | -9.72% | -366.72% | -347.52% | -163.95% | -154.37% | -3,634.89% | -13,901.46% | -10,537.67% | -2,091.35% | -1,606.57% | -1,331.71% | -529.50% | -1,009.36% | -678.74% | -632.32% | -484.44% |
| Total Other Income/Expenses | -4.57M | -7.71M | -9.14M | -3.36M | -3.34M | -5.44M | -1.34M | -681.38K | -571.36K | 95.84K | -191.89K | -5.62K | 609.52K | -820.11K | -94.66K | -1.32M | -948.04K | 374.18K | -1.82M | -6.88K | 485.07K | 0.00 | 9.32K | 0.00 | 172.20K | 182.46K | 125.76K |
| Income Before Tax | 32.47M | 29.66M | 5.92M | -415.91K | 2.23M | -4.85M | -4.34M | -2.75M | -6.67M | -1.54M | -5.31M | -451.88K | -1.47M | -675.65K | -1.70M | -1.66M | -2.60M | -6.62M | -1.49M | 149.95K | -265.78K | 0.00 | -230.62K | 0.00 | -1.35M | 0.00 | -121.39K |
| Income Before Tax Ratio | 47.95% | 30.67% | 13.72% | -2.23% | 7.09% | -27.33% | -39.58% | -44.14% | -68.40% | -9.25% | -50.20% | -9.84% | -507.37% | -352.37% | -480.78% | -378.27% | -25,277.04% | -20,587.67% | -10,586.41% | 935.80% | -1,678.23% | 0.00% | -520.67% | 0.00% | -5,030.40% | 0.00% | -482.80% |
| Income Tax Expense | 8.27M | 8.34M | 1.75M | 3.04M | 3.51M | 2.66M | -547.75K | -65.40K | 1.64M | 129.55K | -1.48M | -1.39M | -187.50K | -60.95K | -65.98K | -33.26K | -56.09K | 1.82K | -1.23M | 80.00K | 0.00 | 239.94K | 3.91K | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | 24.20M | 21.32M | 5.92M | -415.91K | 2.23M | -4.85M | -3.80M | -2.68M | -8.31M | -1.67M | -3.83M | 942.67K | -1.28M | -614.71K | -1.64M | -1.63M | -2.55M | -6.62M | -264.30K | 69.95K | -265.78K | -239.94K | -234.53K | -172.20K | -1.35M | -247.14K | -121.39K |
| Net Income Ratio | 35.74% | 22.04% | 13.72% | -2.23% | 7.09% | -27.33% | -34.59% | -43.09% | -85.24% | -10.03% | -36.24% | 20.53% | -442.58% | -320.59% | -462.16% | -370.69% | -24,732.15% | -20,587.67% | -1,871.95% | 436.55% | -1,678.23% | -1,331.71% | -529.50% | -1,009.36% | -5,030.40% | -632.32% | -482.80% |
| EPS | 0.24 | 0.21 | 0.07 | 0.00 | 0.02 | -0.05 | -0.04 | -0.03 | -0.11 | -0.02 | -0.07 | 0.03 | -0.06 | -0.05 | -0.17 | -0.18 | -0.28 | -0.86 | -0.09 | 0.04 | -0.20 | -0.20 | -0.23 | -0.30 | -2.57 | -0.57 | -0.41 |
| EPS Diluted | 0.24 | 0.21 | 0.06 | 0.00 | 0.02 | -0.05 | -0.04 | -0.03 | -0.11 | -0.02 | -0.07 | 0.03 | -0.06 | -0.05 | -0.17 | -0.18 | -0.28 | -0.86 | -0.09 | 0.04 | -0.20 | -0.20 | -0.23 | -0.30 | -2.57 | -0.57 | -0.41 |
| Weighted Avg Shares Out | 100.93M | 99.28M | 88.55M | 88.16M | 89.66M | 89.79M | 88.50M | 80.67M | 75.76M | 70.08M | 54.48M | 34.21M | 20.07M | 11.81M | 9.41M | 9.19M | 9.10M | 7.72M | 3.10M | 1.70M | 1.36M | 1.18M | 1.00M | 576.13K | 525.56K | 434.33K | 294.93K |
| Weighted Avg Shares Out (Dil) | 101.89M | 101.20M | 92.39M | 88.16M | 90.36M | 89.79M | 88.50M | 80.67M | 75.76M | 70.08M | 54.48M | 34.95M | 20.07M | 11.81M | 9.41M | 9.19M | 9.11M | 7.74M | 3.10M | 1.70M | 1.36M | 1.18M | 1.00M | 576.13K | 525.56K | 434.33K | 294.93K |
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