Filing Flows › Evolution Petroleum (EPM) › Q3 FY25
Evolution Petroleum (EPM) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed May 14, 2025
Evolution Petroleum (EPM) reported revenue of $22.6M for the third quarter fiscal 2025 (Q3 FY25), -2% from a year earlier and +11% from the quarter before. Operating margin was 7.0%, net loss $2.2M (9.7% of revenue).
Evolution Petroleum, Q3 FY25: revenue $22.6M (-2% year over year), operating margin 7.0%, net loss $2.2M, operating cash flow $7.3M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $22.6M | +11% | -2% |
| Operating profit | $1.6M | — | — |
| Net earnings | −$2.2M | — | — |
| Operating cash flow | $7.3M | -6% | +116% |
| Free cash flow | $7.2M | -5% | — |
What changed
Revenue was $22.6M in Q3 FY25, down 2% year over year and up 11% from the previous quarter. Crude oil was the largest line at 52% of revenue. Crude oil lost $2.8M year over year (down 19%), 597% of the total change.
Operating profit was $1.6M, a 7.0% margin (down 2.0 points year over year). Total costs grew 0% against a revenue fall of 2%. The quarter ended with a net loss of $2.2M, wider than the previous quarter's $1.8M loss. Net interest and other expense of $4.5M was the main reason.
Operating cash flow was $7.3M (up 116% year over year). Non-cash charges added back $5.0M of depreciation and amortization and $642K of share-based compensation. Working capital and other items added $3.8M. Capital expenditures of $20K left free cash flow of $7.2M.
Questions
What was Evolution Petroleum's revenue in the third quarter fiscal 2025?
Evolution Petroleum (EPM) reported revenue of $22.6M for the third quarter fiscal 2025 (Q3 FY25), -2% from a year earlier and +11% from the quarter before.
Was Evolution Petroleum profitable in the third quarter fiscal 2025?
Operating profit was $1.6M (7.0% of revenue) and net loss $2.2M.