EGY · Vaalco Energy Inc /De/ - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $359.27M | $478.99M | $455.07M | $354.33M | $199.07M | $67.18M |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | $33.09M | $29.68M | $23.84M | $10.08M | $14.77M | $10.70M |
| Total Operating Expenses | $377.49M | $342.57M | $296.84M | $183.09M | $119.53M | $92.77M |
| D&A | $109.98M | $143.03M | $115.30M | $48.14M | $21.06M | $9.38M |
| Operating Income | ($20.61M) | $136.50M | $158.66M | $171.28M | $79.10M | ($27.26M) |
| Interest Expense | - | - | - | - | - | - |
| Income Tax | $14.82M | $81.31M | $89.78M | $71.42M | ($22.16M) | $27.68M |
| Net Income | ($41.39M) | $58.49M | $60.35M | $51.89M | $81.84M | ($48.18M) |
| EPS - Basic | ($0.40) | $0.56 | $0.56 | $0.74 | $1.38 | ($0.83) |
| EPS - Diluted | ($0.40) | $0.56 | $0.56 | $0.73 | $1.37 | ($0.83) |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $58.90M | $82.65M | $121.00M | $37.20M | $48.67M | $47.85M |
| Accounts Receivable | $39.92M | $94.78M | $44.89M | $52.15M | $22.46M | - |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | - | - | - | $59.89M | $18.80M | $16.69M |
| Current Assets | $132.98M | $237.93M | $228.14M | $200.10M | $88.29M | $63.98M |
| Total Assets | $913.38M | $954.95M | $823.22M | $855.64M | $263.09M | $141.23M |
| Current Liabilities | $192.00M | $181.73M | $127.47M | $162.09M | $84.26M | $52.58M |
| Long-term Debt | $60.00M | $0 | $0 | $0 | - | - |
| Total Liabilities | $469.88M | $453.37M | $344.43M | $389.54M | $118.79M | $79.77M |
| Stockholders' Equity | $443.50M | $501.58M | $478.78M | $466.11M | $144.30M | $61.46M |
| Retained Earnings | $141.89M | $209.76M | $177.49M | $147.02M | $104.49M | $22.65M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $212.67M | $113.72M | $223.60M | $128.85M | $50.12M | $27.45M |
| Investing Cash Flow | ($255.89M) | ($102.12M) | ($97.22M) | ($123.21M) | ($39.06M) | ($24.33M) |
| Financing Cash Flow | $12.38M | ($43.05M) | ($56.82M) | ($17.95M) | ($57.0K) | ($929.0K) |
| CapEx | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | -5.7% | 28.5% | 34.9% | 48.3% | 39.7% | -40.6% |
| EBITDA margin | 24.9% | 58.4% | 60.2% | 61.9% | 50.3% | -26.6% |
| Net margin | -11.5% | 12.2% | 13.3% | 14.6% | 41.1% | -71.7% |
| Free cash flow margin | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 9.2% | 6.2% | 5.2% | 2.8% | 7.4% | 15.9% |
| Effective tax rate | - | 58.2% | 59.8% | 57.9% | -37.1% | - |
| Return on assets | -4.5% | 6.1% | 7.3% | 6.1% | 31.1% | -34.1% |
| Return on equity | -9.3% | 11.7% | 12.6% | 11.1% | 56.7% | -78.4% |
| Return on invested capital | -3.2% | 13.6% | 16.6% | 18.4% | - | - |
| Liquidity | ||||||
| Current ratio | 0.69 | 1.31 | 1.79 | 1.23 | 1.05 | 1.22 |
| Quick ratio | 0.69 | 1.31 | 1.79 | 1.23 | 1.05 | 1.22 |
| Cash ratio | 0.31 | 0.45 | 0.95 | 0.23 | 0.58 | 0.91 |
| Leverage | ||||||
| Debt / Equity | 0.14 | 0.00 | 0.00 | 0.00 | - | - |
| Debt / Assets | 0.07 | 0.00 | 0.00 | 0.00 | - | - |
| Debt / EBITDA | 0.67 | 0.00 | 0.00 | 0.00 | - | - |
| Interest coverage | - | - | - | - | - | - |
| Equity multiplier | 2.06 | 1.90 | 1.72 | 1.84 | 1.82 | 2.30 |
| Liabilities / Assets | 0.51 | 0.47 | 0.42 | 0.46 | 0.45 | 0.56 |
| Efficiency | ||||||
| Asset turnover | 0.39 | 0.50 | 0.55 | 0.41 | 0.76 | 0.48 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | 41d | 72d | 36d | 54d | 41d | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | 7.8x | 8.0x | 6.2x | 2.3x | - |
| P / B | 0.9x | 0.9x | 1.0x | 0.7x | 1.3x | 1.7x |
| P / S | 1.1x | 0.9x | 1.1x | 0.9x | 0.9x | 1.5x |
| EV / EBITDA | 4.3x | 1.3x | 1.3x | 1.3x | 1.4x | - |
| Growth | ||||||
| Revenue growth (YoY) | -25.0% | 5.3% | 28.4% | 78.0% | 196.3% | -20.5% |
| Revenue CAGR (3y) | 0.5% | 34.0% | 89.2% | 61.2% | 49.3% | - |
| Revenue CAGR (5y) | 39.8% | 41.5% | 50.1% | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | - | -14.0% | -7.4% | 116.5% | - | - |
| Net income growth (YoY) | - | -3.1% | 16.3% | -36.6% | - | - |
| EPS growth (YoY) | - | 0.0% | -23.3% | -46.7% | - | - |
| EPS CAGR (3y) | - | -25.8% | - | 163.3% | -5.4% | - |
| EPS CAGR (5y) | - | 69.5% | -19.1% | 35.5% | - | - |
| FCF growth (YoY) | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | -11.6% | 4.8% | 2.7% | 223.0% | 134.8% | -44.0% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$359.27M totalGabon Segment$181.74M · 50.6%
Egypt$139.96M · 39.0%
Canada$19.17M · 5.3%
Cote DIvoire1$18.40M · 5.1%
Product / service
$182.31M totalCrude Oil Sales And Purchase Agreements$176.51M · 96.8%
Natural Gas Liquids Reserves$5.80M · 3.2%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
0.80
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
3/9
Weak
- ✗Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✗Current ratio improved
- ✓No share dilution
- -Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Crude Petroleum & Natural Gas
Comparing VAALCO ENERGY INC /DE/ against the 5 most active filers in the same SIC group.
Dividends
$0.25/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| May 22, 2026 | $0.0630 |
| Feb 27, 2026 | $0.0630 |
| Nov 21, 2025 | $0.0630 |
| Aug 22, 2025 | $0.0630 |
| May 23, 2025 | $0.0630 |
| Feb 28, 2025 | $0.0630 |
| Nov 22, 2024 | $0.0630 |
| Aug 23, 2024 | $0.0630 |
| May 16, 2024 | $0.0630 |
| Mar 7, 2024 | $0.0630 |
| Nov 22, 2023 | $0.0630 |
| Aug 24, 2023 | $0.0630 |
| May 23, 2023 | $0.0630 |
| Mar 23, 2023 | $0.0630 |
| Nov 21, 2022 | $0.0330 |
| Aug 23, 2022 | $0.0330 |
| May 24, 2022 | $0.0330 |
| Feb 17, 2022 | $0.0330 |
| Jul 22, 2009 | $0.0010 |