Venator Materials PLC (VNTRF)

Venator Materials Income Statement

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

Fiscal Year	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,556	2,173	2,212	1,938	2,130
Revenue Growth (YoY)	-28.39%	-1.76%	14.14%	-9.01%	-5.96%
Cost of Revenue	1,703	2,088	2,020	1,778	1,892
Gross Profit	-147	85	192	160	238
Selling, General & Admin	148	143	155	156	182
Other Operating Expenses	45	17	27	20	10
Operating Expenses	193	160	182	176	192
Operating Income	-340	-75	10	-16	46
Interest Expense	-136	-72	-71	-64	-53
Interest & Investment Income	4	1	12	12	12
Currency Exchange Gain (Loss)	-2	-20	-7	-4	-4
Other Non Operating Income (Expenses)	-18	35	21	31	12
EBT Excluding Unusual Items	-492	-131	-35	-41	13
Merger & Restructuring Charges	-21	-27	-68	-49	-33
Gain (Loss) on Sale of Assets	10	20	-2	-	-
Asset Writedown	15	-717	-	-3	-
Legal Settlements	-	111	-	-	-
Other Unusual Items	716	-	-	-	-
Pretax Income	228	-744	-105	-93	-20
Income Tax Expense	18	52	-31	12	150
Earnings From Continuing Operations	210	-796	-74	-105	-170
Net Income to Company	210	-796	-74	-105	-170
Minority Interest in Earnings	-12	-7	-3	-7	-5
Net Income	198	-803	-77	-112	-175
Net Income to Common	198	-803	-77	-112	-175
Free Cash Flow	-526	-183	-54	-35	-119
Gross Margin	-9.45%	3.91%	8.68%	8.26%	11.17%
Operating Margin	-21.85%	-3.45%	0.45%	-0.83%	2.16%
Profit Margin	12.72%	-36.95%	-3.48%	-5.78%	-8.22%
Free Cash Flow Margin	-33.80%	-8.42%	-2.44%	-1.81%	-5.59%
EBITDA	-298	31	129	98	156
EBITDA Margin	-19.15%	1.43%	5.83%	5.06%	7.32%
D&A For EBITDA	42	106	119	114	110
EBIT	-340	-75	10	-16	46
EBIT Margin	-21.85%	-3.45%	0.45%	-0.83%	2.16%
Effective Tax Rate	7.90%	-	-	-	-

Updated May 18, 2023. Source: S&P Global Market Intelligence. Standard template. Financial Sources.