Innovex International, Inc. (INVX)

Innovex International Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	530.58	555.54	467.19	294.84
Revenue Growth (YoY)	13.57%	18.91%	58.45%	-
Cost of Revenue	337.41	360.37	310.04	207.45
Gross Profit	193.17	195.17	157.15	87.4
Selling, General & Admin	78.92	74.02	61.17	50.78
Operating Expenses	102.15	96.68	79.64	68.52
Operating Income	91.01	98.49	77.52	18.88
Interest Expense	-3.63	-5.51	-4.03	-2.16
Earnings From Equity Investments	3.52	2.98	-	-
Other Non Operating Income (Expenses)	0.02	0.04	1.18	3.52
EBT Excluding Unusual Items	90.91	96	74.66	20.25
Merger & Restructuring Charges	-5.21	-1.1	-	-4.8
Gain (Loss) on Sale of Assets	-0.04	-0.53	-0.77	-1.75
Asset Writedown	-3.52	-	-0.96	-
Pretax Income	82.13	94.37	72.93	13.7
Income Tax Expense	22.37	20.44	9.65	3.84
Net Income	59.77	73.93	63.28	9.85
Net Income to Common	59.77	73.93	63.28	9.85
Net Income Growth	-5.55%	16.83%	542.22%	-
Shares Outstanding (Basic)	15	15	15	15
Shares Outstanding (Diluted)	16	16	16	15
Shares Change (YoY)	3.31%	2.85%	7.09%	-
EPS (Basic)	3.89	4.81	4.17	0.68
EPS (Diluted)	3.71	4.60	4.05	0.68
EPS Growth	-8.47%	13.58%	499.69%	-
Free Cash Flow	77.75	60.38	-15.39	-8.47
Free Cash Flow Per Share	4.82	3.76	-0.98	-0.58
Gross Margin	36.41%	35.13%	33.64%	29.64%
Operating Margin	17.15%	17.73%	16.59%	6.40%
Profit Margin	11.26%	13.31%	13.54%	3.34%
Free Cash Flow Margin	14.65%	10.87%	-3.29%	-2.87%
EBITDA	114.25	121.15	95.98	36.61
EBITDA Margin	21.53%	21.81%	20.55%	12.42%
D&A For EBITDA	23.23	22.66	18.47	17.74
EBIT	91.01	98.49	77.52	18.88
EBIT Margin	17.15%	17.73%	16.59%	6.40%
Effective Tax Rate	27.23%	21.66%	13.23%	28.05%

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