Flowco Holdings Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	535.28	243.32	148.61
Revenue Growth (YoY)	119.99%	63.73%	-
Cost of Revenue	264.42	104.78	55.48
Gross Profit	270.85	138.55	93.13
Selling, General & Admin	61.2	15.22	14.17
Operating Expenses	152.07	59.04	50.38
Operating Income	118.79	79.5	42.76
Interest Expense	-32.35	-18.96	-9.28
Other Non Operating Income (Expenses)	-0.06	-0.91	-0.41
EBT Excluding Unusual Items	86.39	59.64	33.06
Merger & Restructuring Charges	-3.95	-	-
Gain (Loss) on Sale of Assets	-0.8	-1.17	-0.05
Other Unusual Items	-0.22	-	-
Pretax Income	81.42	58.47	33.01
Income Tax Expense	1.17	0.38	0.28
Net Income	80.25	58.09	32.73
Net Income to Common	80.25	58.09	32.73
Net Income Growth	38.15%	77.48%	-
Shares Outstanding (Basic)	8	5	-
Shares Outstanding (Diluted)	8	5	-
Shares Change (YoY)	51.19%	-	-
EPS (Basic)	10.41	11.39	-
EPS (Diluted)	10.41	11.39	-
EPS Growth	-8.63%	-	-
Free Cash Flow	88.89	38.35	-40.4
Free Cash Flow Per Share	11.53	7.52	-
Gross Margin	50.60%	56.94%	62.67%
Operating Margin	22.19%	32.67%	28.77%
Profit Margin	14.99%	23.87%	22.02%
Free Cash Flow Margin	16.61%	15.76%	-27.18%
EBITDA	209.65	123.33	78.96
EBITDA Margin	39.17%	50.68%	53.13%
D&A For EBITDA	90.86	43.82	36.21
EBIT	118.79	79.5	42.76
EBIT Margin	22.19%	32.67%	28.77%
Effective Tax Rate	1.44%	0.65%	0.86%
Revenue as Reported	535.28	243.32	148.61

Updated Mar 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q