Forum Energy Technologies, Inc. (FET)

Forum Energy Technologies Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	738.86	699.91	541.07	512.48	956.53
Revenue Growth (YoY)	5.57%	29.36%	5.58%	-46.42%	-10.12%
Cost of Revenue	534.71	511.39	417.73	523.5	711.68
Gross Profit	204.15	188.53	123.34	-11.02	244.85
Selling, General & Admin	180.39	179.47	168.89	197.68	251.74
Other Operating Expenses	3.05	-8.27	-1.05	22.93	528.94
Operating Expenses	183.44	171.2	167.83	220.6	780.68
Operating Income	20.72	17.33	-44.49	-231.62	-535.83
Interest Expense / Income	18.3	31.53	32.01	30.27	31.62
Other Expense / Income	10.23	-24.55	5.51	-152.12	1.43
Pretax Income	-7.81	10.35	-82.01	-109.77	-568.87
Income Tax	11.06	6.64	0.64	-12.88	-1.81
Net Income	-18.88	3.71	-82.65	-96.89	-567.06
Shares Outstanding (Basic)	10	6	6	6	6
Shares Outstanding (Diluted)	10	6	6	6	6
Shares Change	71.60%	5.46%	1.18%	1.31%	1.22%
EPS (Basic)	-1.85	0.65	-14.65	-17.37	-103.01
EPS (Diluted)	-1.85	0.62	-14.65	-17.37	-103.01
Free Cash Flow	1.61	-21.54	-11.17	6.93	89.53
Free Cash Flow Per Share	0.16	-3.75	-1.98	1.24	16.26
Gross Margin	27.63%	26.94%	22.80%	-2.15%	25.60%
Operating Margin	2.80%	2.48%	-8.22%	-45.20%	-56.02%
Profit Margin	-2.55%	0.53%	-15.28%	-18.91%	-59.28%
Free Cash Flow Margin	0.22%	-3.08%	-2.06%	1.35%	9.36%
Effective Tax Rate	-	64.13%	-	-	-
EBITDA	45.21	78.85	-7.82	-28.5	-474.01
EBITDA Margin	6.12%	11.27%	-1.45%	-5.56%	-49.56%
Depreciation & Amortization	34.73	36.98	42.18	51	63.24
EBIT	10.48	41.87	-50	-79.5	-537.25
EBIT Margin	1.42%	5.98%	-9.24%	-15.51%	-56.17%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).