Audited results for the year ended 31 December 2025

Genel Energy plc reported audited results for the year ended 31 December 2025, with revenue at $68.7 million and EBITDAX significantly increasing to $43.3 million from $1.1 million in 2024, despite a decrease in production to 17,520 bopd and a lower average realised price of $32/bbl. The company achieved positive free cash flow of $4.1 million, improving its net cash position to $133.7 million, and successfully exited several unprofitable licenses. Production from Tawke was temporarily halted due to regional hostilities, but guidance for 2026 remains unchanged, with a focus on asset acquisition for diversification and continued export reviews from Kurdistan.