Flowco Holdings Inc. (FLOC)

Flowco Holdings Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	424.75	243.32	148.61
Revenue Growth (YoY)	-	63.73%	-
Cost of Revenue	210.04	104.78	55.48
Gross Profit	214.71	138.55	93.13
Selling, General & Admin	39.74	15.22	14.17
Operating Expenses	107.98	59.04	50.38
Operating Income	106.73	79.5	42.76
Interest Expense	-26.46	-18.96	-9.28
Other Non Operating Income (Expenses)	-2.62	-1.29	-0.69
EBT Excluding Unusual Items	77.65	59.26	32.78
Gain (Loss) on Sale of Assets	-1.13	-1.17	-0.05
Pretax Income	76.3	58.09	32.73
Net Income	75.97	58.09	32.73
Net Income to Common	75.97	58.09	32.73
Net Income Growth	-	77.48%	-
Free Cash Flow	70.36	38.35	-40.4
Gross Margin	50.55%	56.94%	62.67%
Operating Margin	25.13%	32.67%	28.77%
Profit Margin	17.89%	23.87%	22.02%
Free Cash Flow Margin	16.57%	15.76%	-27.18%
EBITDA	174.45	122.8	78.3
EBITDA Margin	41.07%	50.47%	52.69%
D&A For EBITDA	67.72	43.29	35.55
EBIT	106.73	79.5	42.76
EBIT Margin	25.13%	32.67%	28.77%
Revenue as Reported	424.75	243.32	148.61
Advertising Expenses	-	0.48	0.37

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