Overview

* Kolibri's Q3 2025 revenue increased 15% yr/yr but missed analyst expectations

* Company's Q3 2025 production rose 40% yr/yr due to new wells

* Adjusted EBITDA for Q3 2025 increased 9% yr/yr but missed estimates

Outlook

* Kolibri expects record production levels by year-end 2025

* Company anticipates significant production impact in Q1 2026

Result Drivers

* PRODUCTION INCREASE - 40% increase in production driven by new wells drilled and completed in 2025

* PRICE DECLINE - Revenue growth partially offset by an 18% decrease in average prices

* HIGHER OPERATING EXPENSES - Increase in operating expenses due to higher production and reassessed production tax adjustments

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Miss $15 mln $15.60

Revenue mln (1

Analyst)

Q3 EPS $0.10

Q3 Net $3.60

Income mln

Q3 Miss $11.10 $12 mln

Adjusted mln (1

EBITDA Analyst)

Analyst Coverage

* The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)