Arq, Inc. Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	114.47	108.96	99.18	102.99	-	-
Revenue Growth (YoY)	14.33%	9.86%	-3.69%	-	-	-
Cost of Revenue	69.33	65.72	62.82	76.47	6.1	3.77
Gross Profit	45.13	43.24	36.36	26.52	-6.1	-3.77
Selling, General & Admin	30.88	32.5	35.77	32.14	15.79	26.34
Research & Development	3.3	4.05	3.31	-	4	3.01
Other Operating Expenses	-	-	-	0.03	-	-
Operating Expenses	43.24	45.14	49.63	38.59	19.8	29.34
Operating Income	1.89	-1.9	-13.27	-12.07	-25.9	-33.11
Interest Expense	-3.19	-3.26	-3.01	-0.34	-0.55	-0.38
Interest & Investment Income	1.1	1.1	1.85	-	-	0.17
Earnings From Equity Investments	0.28	0.13	1.62	3.54	-	-
Other Non Operating Income (Expenses)	-0.11	0.14	0.78	0.16	-0.12	-0.16
EBT Excluding Unusual Items	-0.02	-3.79	-12.03	-8.71	-26.57	-33.49
Merger & Restructuring Charges	-	-	-1.1	-	-	-
Gain (Loss) on Sale of Assets	-0.21	-0.06	2.73	-	-	-
Asset Writedown	-	-	-	-	-90.07	-
Other Unusual Items	-1.42	-1.42	-1.7	-	-	-
Pretax Income	-1.65	-5.27	-12.1	-8.71	-116.64	-33.49
Income Tax Expense	-0.16	-0.16	0.15	0.21	-0.92	-0.66
Net Income	-1.49	-5.11	-12.25	-8.92	-115.72	-32.82
Net Income to Common	-1.49	-5.11	-12.25	-8.92	-115.72	-32.82
Shares Outstanding (Basic)	37	36	29	18	78	-
Shares Outstanding (Diluted)	37	36	29	18	78	-
Shares Change (YoY)	14.46%	23.87%	57.72%	-76.47%	-	-
EPS (Basic)	-0.04	-0.14	-0.42	-0.48	-1.48	-
EPS (Diluted)	-0.04	-0.14	-0.42	-0.48	-1.48	-
Free Cash Flow	-75.31	-74.87	-46.86	-15.56	-24.73	-27.21
Free Cash Flow Per Share	-2.03	-2.08	-1.61	-0.84	-0.32	-
Gross Margin	39.43%	39.69%	36.66%	25.75%	-	-
Operating Margin	1.65%	-1.74%	-13.38%	-11.72%	-	-
Profit Margin	-1.30%	-4.69%	-12.35%	-8.66%	-	-
Free Cash Flow Margin	-65.79%	-68.72%	-47.24%	-15.11%	-	-
EBITDA	10.46	6.21	-3.44	-5.65	-25.19	-32.87
EBITDA Margin	9.14%	5.70%	-3.46%	-5.49%	-	-
D&A For EBITDA	8.57	8.11	9.83	6.42	0.71	0.24
EBIT	1.89	-1.9	-13.27	-12.07	-25.9	-33.11
EBIT Margin	1.65%	-1.74%	-13.38%	-11.72%	-	-
Revenue as Reported	-	-	-	102.99	-	-

Updated May 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q