ARC Document Solutions, Inc. (ARC)

ARC Document Solutions Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	289.23	281.2	286.01	272.21	289.47	382.42
Revenue Growth (YoY)	2.88%	-1.68%	5.07%	-5.96%	-24.31%	-4.58%
Cost of Revenue	193.13	186.8	190.01	184.56	196.56	257.25
Gross Profit	96.11	94.4	96	87.65	92.91	125.17
Selling, General & Admin	82.25	76.33	77.54	72.32	79.02	107.26
Other Operating Expenses	4	4	-	-	-	-
Operating Expenses	86.29	80.37	77.64	72.52	80.52	110.4
Operating Income	9.82	14.03	18.36	15.13	12.39	14.77
Interest Expense	-1.3	-1.63	-1.8	-2.15	-3.91	-5.23
Other Non Operating Income (Expenses)	0.12	0.07	0.06	0.04	0.06	0.07
EBT Excluding Unusual Items	8.63	12.46	16.62	13.02	8.54	9.61
Merger & Restructuring Charges	-	-	-	-	-	-0.66
Other Unusual Items	-	-	-	-	-	-0.39
Pretax Income	8.63	12.46	16.62	13.02	8.54	8.56
Income Tax Expense	4.1	4.39	5.83	4.18	2.75	5.72
Earnings From Continuing Operations	4.54	8.07	10.79	8.84	5.79	2.84
Minority Interest in Earnings	0.12	0.16	0.3	0.3	0.4	0.18
Net Income	4.66	8.24	11.09	9.14	6.19	3.02
Net Income to Common	4.66	8.24	11.09	9.14	6.19	3.02
Net Income Growth	-58.57%	-25.77%	21.34%	47.75%	105.24%	-66.02%
Shares Outstanding (Basic)	42	43	42	42	43	45
Shares Outstanding (Diluted)	43	43	43	43	43	45
Shares Change (YoY)	-0.64%	0.47%	1.28%	-0.67%	-4.57%	0.07%
EPS (Basic)	0.11	0.19	0.26	0.22	0.14	0.07
EPS (Diluted)	0.11	0.19	0.26	0.21	0.14	0.07
EPS Growth	-57.99%	-26.92%	23.81%	50.00%	108.94%	-66.08%
Free Cash Flow	18.98	25.83	31.35	32.22	48.04	39.9
Free Cash Flow Per Share	0.44	0.59	0.72	0.75	1.12	0.88
Dividend Per Share	0.200	0.200	0.200	0.110	0.020	0.010
Dividend Growth	0%	0%	81.82%	450.00%	100.00%	-
Gross Margin	33.23%	33.57%	33.56%	32.20%	32.10%	32.73%
Operating Margin	3.39%	4.99%	6.42%	5.56%	4.28%	3.86%
Profit Margin	1.61%	2.93%	3.88%	3.36%	2.14%	0.79%
Free Cash Flow Margin	6.56%	9.19%	10.96%	11.84%	16.60%	10.43%
EBITDA	25.07	30.76	37.78	38.99	41.85	45.67
EBITDA Margin	8.67%	10.94%	13.21%	14.32%	14.46%	11.94%
D&A For EBITDA	15.25	16.73	19.43	23.86	29.46	30.9
EBIT	9.82	14.03	18.36	15.13	12.39	14.77
EBIT Margin	3.39%	4.99%	6.42%	5.56%	4.28%	3.86%
Effective Tax Rate	47.45%	35.21%	35.09%	32.10%	32.18%	66.84%
Revenue as Reported	281.2	281.2	286.01	272.21	289.47	382.42
Advertising Expenses	-	0.7	0.7	0.6	0.7	1.8

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