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Hennessy Capital Acquisition Corp. III (NRCG)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-18Dec-31-17Dec-31-16
   10-K10-K10-K
Revenues:  
    North America  334.7256.2205.2
    Domestic Environmental Services  226.4171.0164.5
    Sprint  75.245.114.1
    Domestic Standby Services  34.143.829.6
Total revenues  360.2277.6231.7
            Revenue growth   [+]29.7%19.8% 
Cost of goods sold  242.3187.3160.9
Gross profit  117.890.370.8
            Gross margin  32.7%32.5%30.6%
Selling, general and administrative   [+]53.139.436.5
Other operating expenses  4.93.69.7
EBITDA   [+]53.541.514.5
            EBITDA margin  14.9%14.9%6.3%
Depreciation  17.714.612.3
EBITA  35.826.92.3
            EBITA margin  9.9%9.7%1.0%
Amortization of intangibles  6.25.810.1
EBIT   [+]29.621.1-7.8
            EBIT margin  8.2%7.6%-3.4%
Non-recurring items   [+]51.00.531.1
Interest expense, net   [+]22.114.013.3
Other income (expense), net   [+]-3.4-0.5-0.1
Pre-tax income  -47.06.1-52.3
Income taxes  0.30.4-3.2
            Tax rate   7.3%6.1%
Net income  -48.85.7-49.1
            Net margin  -13.5%2.0%-21.2%
   
Basic EPS   [+]($1.95)$0.26($2.46)
Diluted EPS   [+]($1.95)$0.26($2.46)
   
   
Shares outstanding (basic)   [+]25.021.920.0
Shares outstanding (diluted)   [+]25.021.920.0
   
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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