SPX Technologies, Inc. (SPXC)

SPX Technologies 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	1,807	1,741	1,461	1,220	1,128	1,124
Revenue Growth (YoY)	16.28%	19.19%	19.79%	8.10%	0.40%	-25.72%
Cost of Revenue	1,104	1,071	937	787.7	732.6	721.6
Gross Profit	703	670	523.9	431.8	395.5	402
Selling, General & Admin	403.5	394.4	355.7	309.6	272.5	275.8
Other Operating Expenses	79.4	63.8	132.4	39.5	26.2	17.4
Operating Expenses	482.9	458.2	488.1	349.1	298.7	293.2
Operating Income	220.1	211.8	35.8	82.7	96.8	108.8
Interest Expense / Income	34.6	27.2	9.3	13.1	18.4	21
Other Expense / Income	57.2	53.1	19	-366.7	-25.4	10
Pretax Income	128.3	131.5	7.5	436.3	103.8	77.8
Income Tax	32.2	41.6	7.3	10.9	4.8	12.5
Net Income	96.1	89.9	0.2	425.4	99	65.3
Net Income Growth	204.11%	44850.00%	-99.95%	329.70%	51.61%	-19.58%
Shares Outstanding (Basic)	46	46	45	45	45	44
Shares Outstanding (Diluted)	47	47	46	46	46	45
Shares Change	0.61%	0.85%	-0.59%	1.59%	1.80%	0.67%
EPS (Basic)	2.10	1.97	-	9.39	2.22	1.61
EPS (Diluted)	2.06	1.93	-	9.15	2.16	1.58
EPS Growth	202.94%	-	-	323.61%	36.71%	-13.19%
Free Cash Flow	193.6	184.6	-152.7	165	111	135.1
Free Cash Flow Per Share	4.22	4.05	-3.37	3.64	2.49	3.08
Gross Margin	38.91%	38.48%	35.86%	35.41%	35.06%	35.78%
Operating Margin	12.18%	12.16%	2.45%	6.78%	8.58%	9.68%
Profit Margin	5.32%	5.16%	0.01%	34.88%	8.78%	5.81%
Free Cash Flow Margin	10.72%	10.60%	-10.45%	13.53%	9.84%	12.02%
Effective Tax Rate	25.10%	31.63%	97.33%	2.50%	4.62%	16.07%
EBITDA	236.4	221.9	63.2	491.7	154.1	123.2
EBITDA Margin	13.09%	12.74%	4.33%	40.32%	13.66%	10.96%
Depreciation & Amortization	73.5	63.2	46.4	42.3	31.9	24.4
EBIT	162.9	158.7	16.8	449.4	122.2	98.8
EBIT Margin	9.02%	9.11%	1.15%	36.85%	10.83%	8.79%

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).