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Concrete Pumping Holdings, Inc. (BBCP)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsOct-31-21Oct-31-20Oct-31-19Oct-31-18Oct-31-17Oct-31-16
   10-K10-K8-K10-KS-1/AS-1/A
Revenues:  
    UNITED STATES  267.7265.2 192.8174.8172.4
    US Concrete Pumping  229.5229.7 164.3  
    UNITED KINGDOM  48.139.1 50.4  
    UK Concrete Pumping  48.139.1 50.4  
    Other      36.4 
Total revenues  315.8304.3283.0243.2211.2172.4
            Revenue growth   [+]3.8%7.5%16.3%15.2%22.5% 
Cost of goods sold  178.1167.0157.5136.9121.597.2
Gross profit  137.7137.3125.4106.389.875.2
            Gross margin  43.6%45.1%44.3%43.7%42.5%43.6%
Selling, general and administrative   [+]99.4111.196.958.852.940.6
Other operating expenses    15.70.5  
EBITDA   [+]94.387.9 72.7  
            EBITDA margin  29.8%28.9%4.6%29.9%21.2%23.4%
Depreciation  28.828.3 17.7  
EBITA  65.559.612.954.944.740.3
            EBITA margin  20.7%19.6%4.6%22.6%21.2%23.4%
Amortization of intangibles  27.133.4 7.97.85.7
EBIT   [+]38.426.212.947.036.934.6
            EBIT margin  12.1%8.6%4.6%19.3%17.5%20.1%
Non-recurring items   [+]0.357.9 7.14.53.7
Interest expense  25.234.436.521.422.719.5
Other income (expense), net   [+]-25.3-0.1-16.30.1-5.0-0.7
Pre-tax income  -12.4-66.2-40.018.64.710.7
Income taxes  2.6-5.0-7.5-9.83.84.5
            Tax rate   7.5%18.7% 80.4%41.7%
Minority interest       0.0
Net income  -16.8-63.2-32.518.64.710.7
            Net margin  -5.3%-20.8%-11.5%7.6%2.2%6.2%
   
Basic EPS   [+]($0.31)($1.20) $2.45$0.62$1.42
Diluted EPS   [+]($0.31)($1.20) $2.23$0.62$1.30
   
Shares outstanding (basic)   [+]53.452.8 7.67.67.6
Shares outstanding (diluted)   [+]53.452.8 8.37.68.3
   
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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