PetIQ, Inc. (PETQ)

PetIQ Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,120	1,102	921.51	932.53	780.05	709.43
Revenue Growth (YoY)	19.61%	19.58%	-1.18%	19.55%	9.95%	34.21%
Cost of Revenue	854.91	849.22	711.85	746.14	644.86	602.05
Gross Profit	265.02	252.74	209.66	186.39	135.19	107.38
Selling, General & Admin	203.12	196.24	182.56	170.52	138.38	103.2
Other Operating Expenses	19.49	19.59	47.13	-1.76	-0.68	7.15
Operating Expenses	222.61	215.83	229.7	168.76	137.7	110.35
Operating Income	42.41	36.91	-20.03	17.64	-2.51	-2.97
Interest Expense / Income	34.92	34.55	27.37	24.7	22.81	14.5
Other Expense / Income	0.45	0.41	-0.41	5.04	-3.07	-2.7
Pretax Income	7.05	1.96	-46.99	-12.1	-22.24	-14.76
Income Tax	-0.29	-0.17	1.21	3.87	60.41	-3.31
Net Income	7.34	2.13	-48.21	-15.97	-82.66	-11.45
Shares Outstanding (Basic)	29	29	29	28	25	23
Shares Outstanding (Diluted)	35	30	29	28	25	23
Shares Change	-1.27%	1.27%	3.25%	14.67%	8.73%	31.58%
EPS (Basic)	0.25	0.07	-1.65	-0.57	-3.36	-0.51
EPS (Diluted)	0.22	0.07	-1.65	-0.57	-3.36	-0.51
Free Cash Flow	12.01	52.74	36.05	-2.37	-26.55	10.9
Free Cash Flow Per Share	0.41	1.81	1.24	-0.08	-1.08	0.48
Gross Margin	23.66%	22.94%	22.75%	19.99%	17.33%	15.14%
Operating Margin	3.79%	3.35%	-2.17%	1.89%	-0.32%	-0.42%
Profit Margin	0.66%	0.19%	-5.23%	-1.71%	-10.60%	-1.61%
Free Cash Flow Margin	1.07%	4.79%	3.91%	-0.25%	-3.40%	1.54%
Effective Tax Rate	-4.17%	-8.84%	-	-	-	-
EBITDA	86.37	81	15.85	51.9	28.05	16.24
EBITDA Margin	7.71%	7.35%	1.72%	5.57%	3.60%	2.29%
Depreciation & Amortization	44.4	44.5	35.47	39.3	27.48	16.51
EBIT	41.97	36.51	-19.62	12.6	0.57	-0.27
EBIT Margin	3.75%	3.31%	-2.13%	1.35%	0.07%	-0.04%

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).