Core Laboratories Inc. (CLB)

Core Laboratories 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	522.82	509.79	489.74	470.25	487.27	668.21
Revenue Growth (YoY)	2.68%	4.10%	4.14%	-3.49%	-27.08%	-4.66%
Cost of Revenue	415.84	399.96	393.66	367.9	385.14	495.58
Gross Profit	106.98	109.83	96.08	102.36	102.13	172.63
Selling, General & Admin	38.09	38.89	37.57	43.87	32.53	46.52
Other Operating Expenses	-2.47	-1.21	-1.71	-1.32	-0.9	1.49
Operating Expenses	50.79	53.47	53.03	61.06	52.5	70.61
Operating Income	56.2	56.36	43.05	41.3	49.63	102.02
Interest Expense	-13.36	-13.43	-11.57	-9.15	-14.37	-14.69
Earnings From Equity Investments	0.27	0.39	0.29	0.06	0.13	0.21
Currency Exchange Gain (Loss)	-0.9	-0.18	-0.23	0.23	-1.16	-1.73
EBT Excluding Unusual Items	42.2	43.15	31.55	32.44	34.22	85.81
Merger & Restructuring Charges	-0.82	-	-3.33	-	-3.94	-5.56
Impairment of Goodwill	-	-	-	-	-114	-
Gain (Loss) on Sale of Assets	0.48	0.2	1.07	1.44	1.25	1.74
Asset Writedown	-2.26	-2.29	-	-	-8.2	-
Other Unusual Items	0.45	-0.46	-	-	-0.5	-
Pretax Income	45.61	41.21	29.95	36.11	-91.18	81.99
Income Tax Expense	18.49	4.19	10.3	15.89	5.9	-12.29
Earnings From Continuing Operations	27.12	37.03	19.66	20.22	-97.07	94.28
Earnings From Discontinued Operations	-	-	-	-	-0.42	7.83
Net Income to Company	27.12	37.03	19.66	20.22	-97.5	102.12
Minority Interest in Earnings	-0.92	-0.35	-0.21	-0.49	-0.14	-0.13
Net Income	26.2	36.68	19.45	19.73	-97.64	101.98
Net Income to Common	26.2	36.68	19.45	19.73	-97.64	101.98
Net Income Growth	-36.46%	88.53%	-1.39%	-	-	28.24%
Shares Outstanding (Basic)	47	47	46	46	44	44
Shares Outstanding (Diluted)	48	48	47	47	44	45
Shares Change (YoY)	1.08%	1.52%	0.26%	4.98%	-0.38%	0.39%
EPS (Basic)	0.56	0.79	0.42	0.43	-2.20	2.30
EPS (Diluted)	0.54	0.77	0.42	0.42	-2.20	2.29
EPS Growth	-38.86%	83.40%	-0.04%	-	-	27.68%
Free Cash Flow	43.82	14.21	14.74	23.04	45.99	67.26
Free Cash Flow Per Share	0.92	0.30	0.31	0.49	1.03	1.51
Dividend Per Share	0.040	0.040	0.040	0.040	0.280	2.200
Dividend Growth	0%	0%	0%	-85.71%	-87.27%	0%
Gross Margin	20.46%	21.54%	19.62%	21.77%	20.96%	25.83%
Operating Margin	10.75%	11.06%	8.79%	8.78%	10.18%	15.27%
Profit Margin	5.01%	7.19%	3.97%	4.19%	-20.04%	15.26%
Free Cash Flow Margin	8.38%	2.79%	3.01%	4.90%	9.44%	10.07%
EBITDA	71.36	72.15	60.22	59.81	70.49	124.62
EBITDA Margin	13.65%	14.15%	12.30%	12.72%	14.47%	18.65%
D&A For EBITDA	15.16	15.78	17.16	18.52	20.87	22.61
EBIT	56.2	56.36	43.05	41.3	49.63	102.02
EBIT Margin	10.75%	11.06%	8.79%	8.78%	10.18%	15.27%
Effective Tax Rate	40.54%	10.16%	34.37%	44.01%	-	-
Revenue as Reported	522.82	509.79	489.74	470.25	487.27	668.21

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