Loar Holdings Inc. (LOAR)

Loar Holdings Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	378.81	317.48	239.43
Revenue Growth (YoY)	58.21%	32.59%	-
Cost of Revenue	191.62	163.21	127.93
Gross Profit	187.19	154.26	111.5
Selling, General & Admin	65.9	49.36	37.99
Research & Development	8.17	6.28	4.2
Other Operating Expenses	-0.12	-0.76	-0.86
Operating Expenses	100.29	79.76	63.76
Operating Income	86.9	74.51	47.74
Interest Expense	-56.26	-67.05	-42.07
EBT Excluding Unusual Items	30.64	7.45	5.67
Merger & Restructuring Charges	-7.4	-5.02	-8.28
Pretax Income	26.19	2.44	-2.61
Income Tax Expense	8.22	7.05	-0.14
Net Income	17.97	-4.62	-2.47
Net Income to Common	17.97	-4.62	-2.47
Free Cash Flow	35.86	0.68	5.34
Gross Margin	49.42%	48.59%	46.57%
Operating Margin	22.94%	23.47%	19.94%
Profit Margin	4.74%	-1.45%	-1.03%
Free Cash Flow Margin	9.47%	0.21%	2.23%
EBITDA	127.19	112.53	81.69
EBITDA Margin	33.58%	35.45%	34.12%
D&A For EBITDA	40.29	38.02	33.96
EBIT	86.9	74.51	47.74
EBIT Margin	22.94%	23.47%	19.94%
Effective Tax Rate	31.38%	289.37%	-

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