Energy Recovery 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	2018 - 2014
Period Ending	Sep '24 Sep 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	2018 - 2014
Revenue	135.06	128.35	125.59	103.9	118.99	86.94	Upgrade
Revenue Growth (YoY)	19.05%	2.20%	20.87%	-12.68%	36.86%	16.68%	Upgrade
Cost of Revenue	45.75	41.27	38.24	32.67	28.25	20.34	Upgrade
Gross Profit	89.31	87.08	87.36	71.23	90.74	66.61	Upgrade
Selling, General & Admin	57.37	51.03	44.62	37.33	33.66	32.27	Upgrade
Research & Development	17.22	17	17.91	20.07	23.45	23.4	Upgrade
Operating Expenses	74.59	68.03	62.53	57.4	57.11	56.24	Upgrade
Operating Income	14.72	19.05	24.83	13.83	33.63	10.36	Upgrade
Interest & Investment Income	6.09	3.76	0.91	0.2	0.91	2.01	Upgrade
Other Non Operating Income (Expenses)	-0.02	-0.1	0.33	-0.03	-0.07	-0.12	Upgrade
EBT Excluding Unusual Items	20.79	22.71	26.07	14	34.47	12.26	Upgrade
Asset Writedown	-	-	-	-	-2.33	-	Upgrade
Pretax Income	20.79	22.71	26.07	14	32.13	12.26	Upgrade
Income Tax Expense	1.41	1.2	2.02	-0.27	5.75	1.34	Upgrade
Net Income	19.38	21.5	24.05	14.27	26.39	10.91	Upgrade
Net Income to Common	19.38	21.5	24.05	14.27	26.39	10.91	Upgrade
Net Income Growth	25.67%	-10.58%	68.54%	-45.92%	141.79%	-50.60%	Upgrade
Shares Outstanding (Basic)	57	56	56	57	56	55	Upgrade
Shares Outstanding (Diluted)	57	58	58	59	57	56	Upgrade
Shares Change (YoY)	-0.35%	0.17%	-1.84%	3.68%	1.02%	1.32%	Upgrade
EPS (Basic)	0.34	0.38	0.43	0.25	0.47	0.20	Upgrade
EPS (Diluted)	0.33	0.37	0.42	0.24	0.47	0.19	Upgrade
EPS Growth	22.95%	-11.90%	75.00%	-48.94%	147.37%	-52.50%	Upgrade
Free Cash Flow	22.77	23.49	8.4	6.84	10.09	-2.11	Upgrade
Free Cash Flow Per Share	0.40	0.41	0.15	0.12	0.18	-0.04	Upgrade
Gross Margin	66.13%	67.85%	69.56%	68.56%	76.26%	76.61%	Upgrade
Operating Margin	10.90%	14.84%	19.77%	13.31%	28.26%	11.92%	Upgrade
Profit Margin	14.35%	16.75%	19.15%	13.73%	22.18%	12.55%	Upgrade
Free Cash Flow Margin	16.86%	18.30%	6.69%	6.58%	8.48%	-2.43%	Upgrade
EBITDA	18.8	23.15	29.59	18.33	37.52	14.76	Upgrade
EBITDA Margin	13.92%	18.04%	23.56%	17.64%	31.53%	16.98%	Upgrade
D&A For EBITDA	4.08	4.1	4.76	4.5	3.89	4.4	Upgrade
EBIT	14.72	19.05	24.83	13.83	33.63	10.36	Upgrade
EBIT Margin	10.90%	14.84%	19.77%	13.31%	28.26%	11.92%	Upgrade
Effective Tax Rate	6.77%	5.29%	7.76%	-	17.88%	10.96%	Upgrade

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