Africa Oil Corp., together with its subsidiaries, operates as an oil and gas exploration and development company in Kenya, Nigeria, and South Africa. The company holds interests in producing and development assets in deep-water Nigeria and development assets in Kenya. It also has a portfolio of exploration assets in Guyana, Kenya, Namibia, Nigeria, South Africa, Ethiopia, and in the Senegal Guinea Bissau Joint Development Zone. The company was formerly known as Canmex Minerals Corporation and changed its name to Africa Oil Corp. in August 2007. Africa Oil Corp. was incorporated in 1983 and is headquartered in Vancouver, Canada.
Revenue of Africa Oil Corp. (AOI.TO)
Revenue in 2023 (TTM): $
According to Africa Oil Corp.'s latest financial reports the company's current revenue (TTM) is $. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Africa Oil Corp.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $ | $ | $-22,836,924 | $62.35 M | $62.35 K |
| 2022 | $ | $ | $-19,329,058 | $-43,168,230 | $-41,450,091 |
| 2021 | $ | $ | $141.46 M | $136.54 M | $-38,859,998 |
| 2020 | $ | $ | $162.75 M | $-12,609,705 | $-205,683,372 |
| 2019 | $ | $-390,877 | $-8,076,683 | $-112,229,523 | $-102,518,461 |
| 2018 | $ | $-60,135 | $-6,687,854 | $-47,759,955 | $-47,759,955 |
| 2017 | $ | $-74,453 | $-4,342,595 | $-3,243,702 | $-3,243,702 |
| 2016 | $ | $-24,340 | $-6,284,092 | $-12,715,657 | $-12,715,657 |
| 2015 | $ | $-14,318 | $-10,026,054 | $-62,596,797 | $-62,418,540 |
| 2014 | $ | $-47,965 | $-17,988,194 | $-111,471,394 | $-76,555,241 |
| 2013 | $ | $-39,374 | $-12,991,991 | $-36,824,004 | $-37,698,822 |
| 2012 | $ | $-34,363 | $-10,936 | $-14,401,580 | $-16,317,305 |
| 2011 | $ | $ | $696.8 K | $-6,409,040 | $-7,619,718 |
| 2010 | $ | $ | $-4,123,437 | $-2,842,679 | $-2,842,679 |
| 2009 | $ | $ | $-3,220,061 | $-875,094 | $-972,466 |
| 2008 | $ | $ | $-2,892,367 | $-2,623,357 | $-2,621,597 |
| 2007 | $ | $ | $-1,243,884 | $579.48 K | $833 K |
| 2006 | $ | $ | $-688,349 | $-685,547 | $-560,482 |
| 2005 | $ | $ | $-343,679 | $-343,763 | $-323,610 |
| 2004 | $ | $ | $-50,629 | $6.71 K | $12.96 K |
| 2003 | $ | $ | $-47,526 | $-47,576 | $-42,448 |
| 2002 | $ | $-4,582 | $-56,593 | $-56,589 | $-55,967 |
| 2001 | $ | $-22,237 | $-74,965 | $-76,890 | $-76,434 |
| 2000 | $ | $ | $-22,451 | $-158,266 | $-112,567 |