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Superior Drilling Products, Inc. (SDPI)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14
   10-K10-K10-K10-K10-K/A10-K10-K10-K
Total revenues  13.310.519.018.215.67.212.720.0
            Revenue growth  27.4%-44.9%4.1%17.0%118.0%-43.7%-36.6%68.1%
Cost of goods sold  5.65.18.27.16.04.56.67.0
Gross profit  7.75.410.811.29.62.76.113.0
            Gross margin  57.9%51.2%56.9%61.2%61.8%37.2%47.9%65.0%
Selling, general and administrative  6.26.48.37.15.75.87.08.1
Other operating expenses  0.0-0.10.00.0 -0.20.10.1
EBITDA   [+]1.5-0.92.54.03.9-2.9-1.04.9
            EBITDA margin  11.4%-8.2%13.4%22.2%25.0%-41.1%-8.0%24.3%
Depreciation  1.51.61.71.31.21.82.41.8
EBITA  0.0-2.50.82.72.7-4.8-3.43.1
            EBITA margin  0.0%-24.0%4.3%15.0%17.1%-66.8%-26.7%15.2%
Amortization of intangibles  0.61.21.72.42.42.42.41.4
EBIT   [+]-0.6-3.7-0.90.30.2-7.2-5.81.6
            EBIT margin  -4.4%-35.1%-4.7%1.6%1.4%-101.0%-45.9%8.1%
Non-recurring items   [+]0.00.10.00.0 1.07.7-0.1
Interest expense, net   [+]0.50.60.70.70.91.31.52.1
Other income (expense), net   [+]0.71.10.70.4-6.20.40.10.3
Pre-tax income  -0.4-3.3-0.9-0.1-6.9-9.1-14.9-0.1
Income taxes  0.10.10.00.00.00.0-0.50.5
            Tax rate      0.0%0.0%3.2% 
Net income  -0.5-3.4-0.9-0.1-6.9-9.1-14.5-0.6
            Net margin  -4.0%-32.8%-4.9%-0.3%-44.1%-127.6%-113.8%-3.1%
   
Basic EPS   [+]($0.02)($0.13)($0.04)$0.00($0.28)($0.48)($0.83)($0.04)
Diluted EPS   [+]($0.02)($0.13)($0.04)$0.00($0.28)($0.48)($0.83)($0.04)
   
Dividends per share   [+]       $0.10
   
Shares outstanding (basic)   [+]26.425.525.124.624.319.217.313.8
Shares outstanding (diluted)   [+]26.425.525.124.624.319.217.313.8
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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