Canada was Vermilion Energy’s largest region in fiscal 2023, bringing in $757.88M of $2.01B (38%).
| Geography | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 |
|---|---|---|---|---|---|---|---|---|
| Canada | $514.23M | $788.12M | $1.15B | $757.88M | ||||
| France | $150.22M | $241.60M | $325.08M | $248.20M | ||||
| Netherlands | $65.13M | $294.85M | $562.35M | $185.29M | ||||
| Ireland | $58.45M | $214.43M | $324.35M | $302.40M | ||||
| Corporate | $129.14M | $147.96M | $252.14M | $177.00M | ||||
| Australia | $141.45M | $143.01M | $221.19M | $36.38M | ||||
| Germany | $33.22M | $129.09M | $460.03M | $189.49M | ||||
| Usa | $49.00M | $81.67M | $121.81M | $109.67M | ||||
| United States | — | — | — | — | ||||
| Central & Eastern Europe | — | — | — | $1.55M | ||||
| Total | $1.14B | $2.04B | $3.42B | $2.01B |
Vermilion Energy brought in $2.01B from its nine regions in fiscal 2023, the year ended December 31, 2023. Vermilion Energy regrouped these regions after fiscal 2022, so the total does not compare directly with that year's $3.42B. Canada was the largest at $757.88M (37.7%), ahead of Ireland at $302.40M (15.1%) and France at $248.20M (12.4%). The other six regions brought in $699.38M combined.
Compared with fiscal 2022, every region above 2% of revenue shrank. Ireland held up best, down 6.8% to $302.40M, and Netherlands fell the most, down 67.1% to $185.29M.
Vermilion Energy began breaking out Central & Eastern Europe in fiscal 2023, when it brought in $1.55M.
Vermilion Energy (VET) reports its revenue by geography. In fiscal 2023, Canada was its largest region, bringing in $757.88M (37.7% of the total), followed by Ireland at $302.40M (15.1%).
Canada was Vermilion Energy's largest region in fiscal 2023, bringing in $757.88M, or 37.7% of the $2.01B total across its nine regions.
Every figure comes from Vermilion Energy's annual financial filings, as reported. Each line keeps the name Vermilion Energy gives it, and years follow its fiscal calendar.
Vermilion Energy's revenue by geography goes back to fiscal 2016, with figures through fiscal 2023. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.