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Income Statement
Balance Sheet
Cash Flow Statement

Common Size IS
Op Efficiency
Credit Analysis

Verde Clean Fuels, Inc.

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsJun-30-23Mar-31-23Dec-31-22Sep-30-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21
   10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q
Revenues  22.718.13.43.43.42.90.0 
            Revenue growth  568.9%535.5%      
Cost of goods sold  0.00.00.00.00.00.00.0 
Gross profit  22.718.13.43.43.42.80.0 
            Gross margin  100.0%100.0%100.0%100.0%100.0%99.9%  
Selling, general and administrative   [+]11.19.86.85.92.91.80.5 
Research and development  0.20.2  0.20.1  
EBITDA   [+]11.48.2  0.31.0  
            EBITDA margin  50.2%45.1%-105.3%-78.0%8.9%34.3%  
Depreciation  -0.10.0  0.00.0  
EBITA  11.58.2-3.6-2.60.31.0-0.5 
            EBITA margin  50.6%45.3%-105.5%-78.2%8.7%34.2%  
Amortization of intangibles  0.10.0      
EBIT   [+]11.48.2-3.6-2.60.31.0-0.5 
            EBIT margin  50.2%45.1%-105.5%-78.2%8.7%34.2%  
Non-recurring items   10.0      
Interest expense  0.1       
Other income (expense), net   [+]-9.0-2.70.7-0.8-1.5-2.90.0 
Pre-tax income  -7.8-4.5-2.8-3.4-1.2-1.9-0.5 
Income taxes  0.40.40.40.10.00.00.0 
            Tax rate  -5.5%-9.4%-15.0% 0.0%0.0%0.0% 
Minority interest  -4.3-2.5      
Net income  -3.8-2.4-3.3-3.5-1.2-1.9-0.5 
            Net margin  -17.0%-13.3%-96.4%-104.4%-35.9%-66.6%  
   
Basic EPS   [+]($0.28)($0.19)($0.27)($0.38)($0.18)($0.24)($0.06) 
Diluted EPS   [+]($0.28)($0.19)($0.27)($0.38)($0.18)($0.24)($0.06) 
   
Shares outstanding (basic)   [+]13.912.412.09.2 7.87.6 
Shares outstanding (diluted)   [+]13.912.412.09.2 7.87.6 
   
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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