Target Hospitality Corp. (TH)

Target Hospitality 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	522.46	563.61	501.99	291.34	225.15	321.1
Revenue Growth (YoY)	-8.25%	12.28%	72.30%	29.40%	-29.88%	33.46%
Cost of Revenue	242.03	250.28	254.86	189.99	167.99	174.08
Gross Profit	280.43	313.32	247.13	101.35	57.16	147.01
Selling, General & Admin	55.78	56.13	57.89	46.46	38.13	76.65
Other Operating Expenses	15.56	16.59	14.87	17.79	14.93	22.52
Operating Expenses	71.34	72.72	72.76	64.25	53.05	99.17
Operating Income	209.09	240.61	174.37	37.1	4.1	47.84
Interest Expense / Income	19.73	22.64	36.32	38.7	40.03	33.4
Other Expense / Income	-5.88	-6.78	31.74	1.07	-2.35	-5.14
Pretax Income	195.23	224.75	106.31	-2.67	-33.59	19.58
Income Tax	44.98	51.05	32.37	1.9	-8.46	7.61
Net Income	150.26	173.7	73.94	-4.58	-25.13	11.97
Net Income Growth	28.13%	134.92%	-	-	-	141.57%
Shares Outstanding (Basic)	101	101	97	97	96	95
Shares Outstanding (Diluted)	102	105	100	97	96	95
Shares Change	-3.67%	5.26%	3.57%	0.62%	1.60%	128.87%
EPS (Basic)	1.48	1.71	0.76	-0.05	-0.26	0.13
EPS (Diluted)	1.36	1.56	0.74	-0.05	-0.26	0.13
EPS Growth	21.43%	110.81%	-	-	-	8.33%
Free Cash Flow	144.21	93.17	165.38	68.68	35.21	-23.23
Free Cash Flow Per Share	1.43	0.92	1.70	0.71	0.37	-0.25
Gross Margin	53.67%	55.59%	49.23%	34.79%	25.39%	45.78%
Operating Margin	40.02%	42.69%	34.74%	12.73%	1.82%	14.90%
Profit Margin	28.76%	30.82%	14.73%	-1.57%	-11.16%	3.73%
Free Cash Flow Margin	27.60%	16.53%	32.95%	23.58%	15.64%	-7.24%
Effective Tax Rate	23.04%	22.71%	30.45%	-	-	38.85%
EBITDA	312.13	349.16	221.08	106.55	72.06	111.88
EBITDA Margin	59.74%	61.95%	44.04%	36.57%	32.01%	34.84%
Depreciation & Amortization	97.16	101.77	78.45	70.52	65.61	58.9
EBIT	214.96	247.39	142.63	36.03	6.45	52.98
EBIT Margin	41.14%	43.89%	28.41%	12.37%	2.86%	16.50%

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).