LandBridge Company LLC (LB)

LandBridge Company LLC Income Statement

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

Year	2023	2022
Revenue	72.87	51.78
Revenue Growth (YoY)	40.73%	-
Cost of Revenue	3.45	3.84
Gross Profit	69.42	47.94
Selling, General & Admin	-12.09	41.8
Other Operating Expenses	11.5	9.37
Operating Expenses	-0.59	51.17
Operating Income	70.01	-3.23
Interest Expense / Income	7.02	3.11
Other Expense / Income	-0.55	-0.14
Pretax Income	63.54	-6.2
Income Tax	0.37	0.16
Net Income	63.17	-6.36
Free Cash Flow	50.26	17.21
Gross Margin	95.27%	92.58%
Operating Margin	96.08%	-6.24%
Profit Margin	86.70%	-12.29%
Free Cash Flow Margin	68.98%	33.24%
Effective Tax Rate	0.58%	-
EBITDA	79.71	3.63
EBITDA Margin	109.39%	7.01%
Depreciation & Amortization	9.15	6.72
EBIT	70.56	-3.09
EBIT Margin	96.83%	-5.97%

Source: IPO financials are sourced from S-1 and S-1/A filings submitted to the Securities and Exchange Commission (SEC).