Shenandoah Telecommunications Company (SHEN)

SHEN 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	284.94	287.38	267.37	245.24	220.78	206.86
Revenue Growth (YoY)	5.49%	7.48%	9.02%	11.08%	6.73%	7.36%
Cost of Revenue	105.52	106.1	107.55	102.3	89.66	83.57
Gross Profit	179.42	181.28	159.83	142.94	131.12	123.29
Selling, General & Admin	105.62	103.63	92.39	82.45	85.02	77.85
Other Operating Expenses	69.68	68.02	75.39	62.92	48.7	46.79
Operating Expenses	175.3	171.65	167.78	145.37	133.72	124.63
Operating Income	4.12	9.62	-7.96	-2.43	-2.6	-1.34
Interest Expense / Income	4.08	0	0	0	0	0
Other Expense / Income	-220.79	-1.39	1.35	-999.57	-127.28	-56.85
Pretax Income	220.84	11.01	-9.31	997.14	124.68	55.51
Income Tax	0.17	2.97	-0.93	-1.69	-0.99	0.01
Net Income	220.67	8.04	-8.38	998.83	125.67	55.5
Net Income Growth	-	-	-	694.79%	126.44%	19.11%
Shares Outstanding (Basic)	51	50	50	50	50	50
Shares Outstanding (Diluted)	51	51	50	50	50	50
Shares Change	0.99%	1.12%	0.01%	0.25%	-0.15%	0.08%
EPS (Basic)	4.37	0.16	-0.17	19.97	2.52	1.11
EPS (Diluted)	4.33	0.16	-0.17	19.92	2.51	1.11
EPS Growth	-	-	-	693.63%	126.13%	19.35%
Free Cash Flow	-178.32	-142.78	-110.72	-411.04	166.3	192.1
Free Cash Flow Per Share	-3.53	-2.83	-2.21	-8.22	3.33	3.86
Dividend Per Share	0.090	0.090	0.080	18.820	0.340	0.290
Dividend Growth	12.50%	12.50%	-99.57%	5435.29%	17.24%	7.41%
Gross Margin	62.97%	63.08%	59.78%	58.29%	59.39%	59.60%
Operating Margin	1.45%	3.35%	-2.98%	-0.99%	-1.18%	-0.65%
Profit Margin	77.44%	2.80%	-3.13%	407.29%	56.92%	26.83%
Free Cash Flow Margin	-62.58%	-49.68%	-41.41%	-167.61%	75.33%	92.86%
Effective Tax Rate	0.08%	27.00%	-	-0.17%	-0.79%	0.01%
EBITDA	292.04	76.48	59.59	1,052	173.39	102.29
EBITDA Margin	102.49%	26.61%	22.29%	429.11%	78.54%	49.45%
Depreciation & Amortization	67.13	65.47	68.9	55.21	48.7	46.79
EBIT	224.91	11.01	-9.31	997.14	124.68	55.51
EBIT Margin	78.93%	3.83%	-3.48%	406.60%	56.48%	26.83%

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).