← Excelerate Energy, Inc.

Annual Trend FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Operating expenses
Total operating expenses $297.6m $749.2m $2.3b $948.4m $636.4m $961.6m
Operating Income $133.3m $139.3m $186.7m $210.6m $215.0m $266.7m
Depreciation and amortization $104.2m $104.9m $97.3m $114.3m $98.9m $111.3m
Earnings from equity method investment $3.1m $3.3m $2.7m $883k $2.2m $2.3m
Early extinguishment of lease liability on vessel acquisition $0 $0 ($21.8m) $0 $0 —
Other income, net ($92k) $564k $312k $15.6m $22.9m $20.0m
Provision for income taxes ($13.9m) ($21.2m) ($28.3m) ($33.2m) ($26.1m) ($27.9m)
Income before income taxes $46.8m $62.4m $108.3m $160.1m $179.1m $194.9m
Net income $32.9m $41.2m $80.0m $126.8m $153.0m $167.0m
Less net income attributable to non-controlling interest $2.6m $3.0m $55.1m $96.4m $120.2m $127.8m
Less pre-IPO net income attributable to EELP $38.8m $41.1m $11.9m $0 $0 $39.2m
Net income attributable to shareholders $0 $0 $13.3m $30.4m $32.9m $39.2m
Net income per common share - basic $0 $0 $1 $1 $1 $1
Net income per common share - diluted $0 $0 $1 $1 $1 $1
Weighted average shares outstanding - basic 0 0 26.3m 26.3m 25.4m 29.9m
Weighted average shares outstanding - diluted 0 0 26.3m 108.3m 25.8m 30.6m
Cost of LNG, gas and power (exclusive of items below) $150.5m $192.7m $209.2m $228.2m $215.6m $537.8m
Direct cost of gas sales $0 $390.5m $1.9b $518.4m $227.7m —
Selling, general and administrative expenses $42.9m $47.1m $66.1m $87.5m $94.1m $94.5m
Transition and transaction expenses $0 $14.0m $6.9m $0 $0 $34.2m
Interest expense ($37.5m) ($31.9m) ($33.9m) ($52.5m) ($47.4m) ($81.2m)
Interest expense - related party ($52.0m) ($48.9m) ($25.6m) $14.5m ($13.7m) ($12.9m)

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.