Friedman Industries, Incorporated (FRD)

Friedman Industries Income Statement

Financials in millions USD. Fiscal year is April - March.

Year	2023	2022	2021	2020	2019
Revenue	516.25	547.54	285.24	126.1	142.1
Revenue Growth (YoY)	-5.71%	91.96%	126.19%	-11.26%	-24.07%
Cost of Revenue	467.62	502.05	244.25	102.52	139.49
Gross Profit	48.63	45.49	40.99	23.59	2.61
Selling, General & Admin	21.04	21.89	12.47	7.84	5.12
Other Operating Expenses	3.07	2.53	0	0	4.34
Operating Expenses	24.11	24.42	12.47	7.84	9.46
Operating Income	24.52	21.07	28.52	15.75	-6.85
Interest Expense / Income	3.07	2.22	0.26	0.02	0
Other Expense / Income	-1.87	-9.33	9.93	0.5	-0.02
Pretax Income	23.31	28.19	18.33	15.22	-6.84
Income Tax	5.97	6.85	4.27	3.8	-1.59
Net Income	17.35	21.34	14.07	11.42	-5.25
Net Income Growth	-18.74%	51.74%	23.12%	-	-
Shares Outstanding (Basic)	7	7	7	7	7
Shares Outstanding (Diluted)	-	-	7	7	7
Shares Change	-5.41%	11.35%	-1.19%	-4.24%	-0.14%
EPS (Basic)	2.39	2.91	2.04	1.63	-0.75
EPS (Diluted)	2.39	2.91	2.04	1.63	-0.75
EPS Growth	-17.87%	42.65%	25.15%	-	-
Free Cash Flow	-0.81	47.44	-21.3	3.85	6.3
Free Cash Flow Per Share	-0.12	6.43	-3.22	0.57	0.90
Dividend Per Share	0.080	0.080	0.080	0.080	0.120
Dividend Growth	0%	0%	0%	-33.33%	-29.41%
Gross Margin	9.42%	8.31%	14.37%	18.70%	1.84%
Operating Margin	4.75%	3.85%	10.00%	12.49%	-4.82%
Profit Margin	3.36%	3.90%	4.93%	9.06%	-3.69%
Free Cash Flow Margin	-0.16%	8.66%	-7.47%	3.05%	4.43%
Effective Tax Rate	25.60%	24.28%	23.27%	24.95%	-
EBITDA	29.46	32.93	19.91	16.26	-5.31
EBITDA Margin	5.71%	6.01%	6.98%	12.89%	-3.74%
Depreciation & Amortization	3.07	2.53	1.32	1.01	1.52
EBIT	26.39	30.41	18.59	15.25	-6.83
EBIT Margin	5.11%	5.55%	6.52%	12.09%	-4.81%

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).