Flowco Holdings Inc. (FLOC)

Flowco Holdings Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec 31, 2024	Dec 31, 2023	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