SOC Q4 2024 Earnings — Sable Offshore Corp. Revenue & Financial Results | Market Cap Arena

SOCSable Offshore Corp.

$1B

Q4 2024 Earnings

Energy Oil & Gas Drilling

Income Statement

Revenue

$19M

Gross Profit

$9M50.0% margin

Operating Income

-$51M-267.7% margin

Net Income

$519M2737.7% margin

EPS (Diluted)

$-0.18

QoQ Revenue Growth

+Infinity%

Cash Flow

Operating Cash Flow

-$38M

Free Cash Flow

-$91M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$1.2B

Stockholders' Equity

$384M

Cash & Equivalents

$300M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$19M	$0	—
Gross Profit	$9M	-$18M	+154.1%
Operating Income	-$51M	-$26M	-92.0%
Net Income	$519M	-$25M	+2168.5%