Innovex International, Inc. (INVX)

Innovex International Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	543.31	555.54	467.19	294.84
Revenue Growth (YoY)	-1.28%	18.91%	58.45%	-
Cost of Revenue	347.36	360.37	310.04	207.45
Gross Profit	195.95	195.17	157.15	87.4
Selling, General & Admin	97.82	74.02	61.17	50.78
Operating Expenses	123.07	96.68	79.64	68.52
Operating Income	72.88	98.49	77.52	18.88
Interest Expense	-2.85	-5.51	-4.03	-2.16
Earnings From Equity Investments	3.69	2.98	-	-
Other Non Operating Income (Expenses)	0.35	0.04	1.18	3.52
EBT Excluding Unusual Items	74.07	96	74.66	20.25
Merger & Restructuring Charges	-24.61	-1.1	-	-4.8
Gain (Loss) on Sale of Assets	0.03	-0.53	-0.77	-1.75
Asset Writedown	-3.26	-	-0.96	-
Pretax Income	138.89	94.37	72.93	13.7
Income Tax Expense	11.9	20.44	9.65	3.84
Net Income	126.99	73.93	63.28	9.85
Net Income to Common	126.99	73.93	63.28	9.85
Net Income Growth	81.47%	16.83%	542.22%	-
Shares Outstanding (Basic)	18	15	15	15
Shares Outstanding (Diluted)	18	16	16	15
Shares Change (YoY)	-33.98%	2.85%	7.09%	-
EPS (Basic)	7.14	4.81	4.17	0.68
EPS (Diluted)	6.87	4.60	4.05	0.68
EPS Growth	175.29%	13.58%	499.69%	-
Free Cash Flow	71.37	60.38	-15.39	-8.47
Free Cash Flow Per Share	3.86	3.76	-0.98	-0.58
Gross Margin	36.07%	35.13%	33.64%	29.64%
Operating Margin	13.41%	17.73%	16.59%	6.40%
Profit Margin	23.37%	13.31%	13.54%	3.34%
Free Cash Flow Margin	13.14%	10.87%	-3.29%	-2.87%
EBITDA	98.13	121.15	95.98	36.61
EBITDA Margin	18.06%	21.81%	20.55%	12.42%
D&A For EBITDA	25.25	22.66	18.47	17.74
EBIT	72.88	98.49	77.52	18.88
EBIT Margin	13.41%	17.73%	16.59%	6.40%
Effective Tax Rate	8.57%	21.66%	13.23%	28.05%

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