Vertex Energy Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Revenue	3,197	3,177	2,792	207.76	103.81	18.36
Revenue Growth (YoY)	2.66%	13.81%	1243.72%	100.13%	465.49%	-89.84%
Cost of Revenue	3,050	3,006	2,598	178.79	91.63	16.95
Gross Profit	146.31	171.19	193.44	28.97	12.18	1.41
Selling, General & Admin	161.29	168.64	127.78	30.61	20.38	6.66
Operating Expenses	198.47	199.8	144.88	36.33	25.69	7.12
Operating Income	-52.16	-28.61	48.56	-7.36	-13.51	-5.71
Interest Expense	-64.96	-119.57	-79.91	-3.83	-0.98	-0.54
Other Non Operating Income (Expenses)	14.86	8.63	7.52	-11.53	1.51	-0.47
EBT Excluding Unusual Items	-102.26	-139.56	-23.84	-22.72	-12.97	-6.73
Gain (Loss) on Sale of Assets	-	-	-	-	-	-0.07
Asset Writedown	-	-	-	-2.12	-	-
Pretax Income	-102.26	-139.56	-23.84	-24.84	-12.97	-5.9
Income Tax Expense	14.29	-13.39	-7.17	-	-	-
Earnings From Continuing Operations	-116.55	-126.17	-16.67	-24.84	-12.97	-5.9
Earnings From Discontinued Operations	0.52	54.2	11.79	6.68	1.3	0.41
Net Income to Company	-116.03	-71.97	-4.89	-18.16	-11.67	-5.49
Minority Interest in Earnings	0.58	0.49	0.06	-0.21	-0.36	0.44
Net Income	-115.46	-71.49	-4.82	-18.36	-12.04	-5.05
Preferred Dividends & Other Adjustments	-	-	0.43	2.24	18.73	6.4
Net Income to Common	-115.46	-71.49	-5.25	-20.61	-30.76	-11.45
Shares Outstanding (Basic)	94	86	71	56	46	41
Shares Outstanding (Diluted)	94	86	71	56	46	41
Shares Change (YoY)	22.02%	21.09%	25.55%	23.72%	11.03%	15.75%
EPS (Basic)	-1.23	-0.84	-0.07	-0.37	-0.68	-0.28
EPS (Diluted)	-1.23	-0.84	-0.07	-0.37	-0.68	-0.28
Free Cash Flow	-28.52	-198.95	20.58	7.42	-2.41	2.26
Free Cash Flow Per Share	-0.30	-2.32	0.29	0.13	-0.05	0.06
Gross Margin	4.58%	5.39%	6.93%	13.95%	11.73%	7.66%
Operating Margin	-1.63%	-0.90%	1.74%	-3.54%	-13.01%	-31.12%
Profit Margin	-3.61%	-2.25%	-0.19%	-9.92%	-29.63%	-62.35%
Free Cash Flow Margin	-0.89%	-6.26%	0.74%	3.57%	-2.32%	12.30%
EBITDA	-14.98	2.55	65.66	-1.63	-8.2	-5.25
EBITDA Margin	-0.47%	0.08%	2.35%	-0.79%	-7.90%	-28.58%
D&A For EBITDA	37.18	31.16	17.1	5.72	5.31	0.47
EBIT	-52.16	-28.61	48.56	-7.36	-13.51	-5.71
EBIT Margin	-1.63%	-0.90%	1.74%	-3.54%	-13.01%	-31.12%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.