USD Partners LP (USDP)

USD Partners LP Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Sep 30, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Operating Revenue	71.79	111.1	203.8	169.12	111.81	115.63
Revenue	71.79	111.1	203.8	169.12	111.81	115.63
Revenue Growth (YoY)	-42.22%	-45.49%	20.51%	51.26%	-3.31%	6.79%
Cost of Revenue	30.82	41.67	72.08	57.41	35.75	35.46
Gross Profit	40.97	69.43	131.73	111.71	76.06	80.17
Selling, General & Admin	25.53	37.86	82.67	61.26	34.76	29.62
Operating Expenses	32.76	57.5	105.84	83.74	55.43	50.72
Operating Income	8.22	11.93	25.89	27.98	20.63	29.45
Interest Expense	-17.79	-10.67	-6.99	-10.09	-12.01	-11.36
Interest & Investment Income	-	0	-	0.01	-	-
Currency Exchange Gain (Loss)	-0.22	-2.06	0.71	-0.17	-0.37	0.01
Other Non Operating Income (Expenses)	4.85	12.41	4.16	-3.11	-1.08	0.36
EBT Excluding Unusual Items	-4.94	11.62	23.76	14.62	7.18	18.46
Impairment of Goodwill	-	-	-	-33.59	-	-
Asset Writedown	-	-71.61	-	-	-	-
Pretax Income	1.27	-59.99	23.76	-18.97	7.18	18.46
Income Tax Expense	0.67	1.29	0.93	0.34	0.66	-2.67
Earnings From Continuing Operations	0.59	-61.29	22.83	-19.31	6.52	21.13
Net Income to Company	0.59	-61.29	22.83	-19.31	6.52	21.13
Minority Interest in Earnings	-	1.37	-1.73	-0.17	-0.8	-0.78
Net Income	0.59	-59.92	21.1	-19.48	5.72	20.36
Preferred Dividends & Other Adjustments	-	-	-	-	0.69	0.41
Net Income to Common	0.59	-59.92	21.1	-19.48	5.04	19.95
Net Income Growth	-	-	-	-	-71.90%	-1.90%
Shares Outstanding (Basic)	34	32	27	27	26	27
Shares Outstanding (Diluted)	34	32	27	27	26	27
Shares Change (YoY)	11.16%	17.41%	1.43%	1.30%	-0.41%	6.08%
EPS (Basic)	0.02	-1.88	0.78	-0.73	0.19	0.75
EPS (Diluted)	0.02	-1.88	0.78	-0.73	0.19	0.75
EPS Growth	-	-	-	-	-74.65%	-9.39%
Free Cash Flow	6.54	36.77	52.7	47.38	30	36.31
Free Cash Flow Per Share	0.20	1.15	1.94	1.77	1.13	1.37
Dividend Per Share	0.123	0.494	0.469	0.444	1.465	1.425
Dividend Growth	-74.87%	5.33%	5.63%	-69.69%	2.81%	4.01%
Gross Margin	57.07%	62.50%	64.63%	66.05%	68.03%	69.33%
Operating Margin	11.45%	10.74%	12.70%	16.54%	18.45%	25.47%
Profit Margin	0.83%	-53.93%	10.35%	-11.52%	4.50%	17.25%
Free Cash Flow Margin	9.11%	33.10%	25.86%	28.01%	26.83%	31.40%
EBITDA	15.44	31.57	49.05	50.46	41.3	50.55
EBITDA Margin	21.51%	28.42%	24.07%	29.84%	36.94%	43.72%
D&A For EBITDA	7.22	19.64	23.17	22.48	20.66	21.1
EBIT	8.22	11.93	25.89	27.98	20.63	29.45
EBIT Margin	11.45%	10.74%	12.70%	16.54%	18.45%	25.47%
Effective Tax Rate	53.12%	-	3.93%	-	9.22%	-
Revenue as Reported	72.32	111.66	204.49	170.08	113.66	119.23

Source: S&P Capital IQ. Standard template. Financial Sources.