TOR Minerals International, Inc. (TORM)

TORM 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	26.29	27.08	29.91	29.17	22.46	35.27
Revenue Growth (YoY)	-8.76%	-9.48%	2.53%	29.85%	-36.31%	-10.56%
Cost of Revenue	24.97	25.17	27.12	27.03	21.32	32.45
Gross Profit	1.32	1.91	2.79	2.14	1.15	2.83
Selling, General & Admin	3.3	3.46	3.82	3.94	3.91	4.62
Research & Development	0.09	0.08	0.06	0.06	0.08	0.23
Operating Expenses	3.39	3.54	3.88	4	3.99	4.85
Operating Income	-2.06	-1.63	-1.08	-1.86	-2.84	-2.02
Interest Income	0	0	0	0	0	0
Interest Expense	0.01	0.02	0.07	0.05	0.09	0.1
Other Expense / Income	-0.06	-0.12	0.11	-1.04	-0.65	-0.03
Pretax Income	-2.01	-1.53	-1.26	-1.31	-2.19	-2.09
Income Tax	-0	-0	-0	-0	0	0.11
Net Income	-2.01	-1.53	-1.25	-0.87	-2.28	-2.2
Shares Outstanding (Basic)	4	4	4	4	4	4
Shares Outstanding (Diluted)	4	4	4	4	4	4
EPS (Basic)	-0.57	-0.43	-0.35	-0.25	-0.64	-0.62
EPS (Diluted)	-0.57	-0.43	-0.35	-0.25	-0.64	-0.62
Free Cash Flow	0.01	1.16	0.36	-2.79	-1.19	-0.38
Free Cash Flow Per Share	0.00	0.33	0.10	-0.79	-0.34	-0.11
Gross Margin	5.03%	7.04%	9.34%	7.32%	5.11%	8.01%
Operating Margin	-7.85%	-6.03%	-3.61%	-6.39%	-12.65%	-5.73%
Profit Margin	-7.65%	-5.65%	-4.19%	-2.98%	-10.13%	-6.23%
Free Cash Flow Margin	0.04%	4.27%	1.21%	-9.56%	-5.31%	-1.08%
EBITDA	-0.47	-0.06	0.41	-0.22	-0.7	0.64
EBITDA Margin	-1.80%	-0.22%	1.36%	-0.77%	-3.11%	1.81%
Depreciation & Amortization	1.59	1.57	1.49	1.64	2.14	2.66
EBIT	-2.06	-1.63	-1.08	-1.86	-2.84	-2.02
EBIT Margin	-7.85%	-6.03%	-3.61%	-6.39%	-12.65%	-5.73%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.