Flowco Holdings Inc. (FLOC)

Flowco Holdings Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	660.92	535.28	243.32	148.61
Revenue Growth (YoY)	156.58%	119.99%	63.73%	-
Cost of Revenue	328.93	264.42	104.78	55.48
Gross Profit	331.98	270.85	138.55	93.13
Selling, General & Admin	87.26	61.2	15.22	14.17
Operating Expenses	200.53	152.07	59.04	50.38
Operating Income	131.45	118.79	79.5	42.76
Interest Expense	-32.9	-32.35	-18.96	-9.28
Other Non Operating Income (Expenses)	-0.22	-0.06	-0.91	-0.41
EBT Excluding Unusual Items	98.33	86.39	59.64	33.06
Merger & Restructuring Charges	-3.95	-3.95	-	-
Gain (Loss) on Sale of Assets	-0.36	-0.8	-1.17	-0.05
Other Unusual Items	-0.22	-0.22	-	-
Pretax Income	93.8	81.42	58.47	33.01
Income Tax Expense	3.69	1.17	0.38	0.28
Net Income	69.24	80.25	58.09	32.73
Net Income to Common	69.24	80.25	58.09	32.73
Net Income Growth	9.56%	38.15%	77.48%	-
Shares Outstanding (Basic)	26	8	5	-
Shares Outstanding (Diluted)	26	8	5	-
Shares Change (YoY)	-	51.19%	-	-
EPS (Basic)	2.69	10.41	11.39	-
EPS (Diluted)	2.69	10.41	11.39	-
EPS Growth	-	-8.63%	-	-
Free Cash Flow	90.13	88.89	38.35	-40.4
Free Cash Flow Per Share	3.50	11.53	7.52	-
Gross Margin	50.23%	50.60%	56.94%	62.67%
Operating Margin	19.89%	22.19%	32.67%	28.77%
Profit Margin	10.48%	14.99%	23.87%	22.02%
Free Cash Flow Margin	13.64%	16.61%	15.76%	-27.18%
EBITDA	244.72	209.65	123.33	78.96
EBITDA Margin	37.03%	39.17%	50.68%	53.13%
D&A For EBITDA	113.27	90.86	43.82	36.21
EBIT	131.45	118.79	79.5	42.76
EBIT Margin	19.89%	22.19%	32.67%	28.77%
Effective Tax Rate	3.93%	1.44%	0.65%	0.86%
Revenue as Reported	660.92	535.28	243.32	148.61

Updated May 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q