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Income Statement
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HUDSON TECHNOLOGIES INC (HDSN)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues  325.2192.7147.6162.1166.5140.4105.579.7
            Revenue growth  68.7%30.6%-8.9%-2.7%18.6%33.1%32.3%42.8%
Cost of goods sold  162.3121.1112.2144.9173.9102.474.461.2
Gross profit  162.971.735.417.2-7.438.031.118.5
            Gross margin  50.1%37.2%24.0%10.6%-4.4%27.1%29.5%23.2%
Selling, general and administrative  28.626.626.630.032.321.711.79.8
Other operating expenses  2.82.81.92.93.01.10.50.5
EBITDA   [+]137.548.513.0-8.7-35.518.521.210.3
            EBITDA margin  42.3%25.2%8.8%-5.3%-21.3%13.2%20.1%12.9%
Depreciation  3.23.43.24.24.22.31.71.6
EBITA  134.345.19.8-12.9-39.616.219.48.7
            EBITA margin  41.3%23.4%6.6%-7.9%-23.8%11.6%18.4%10.9%
Amortization of intangibles  2.82.82.92.93.01.10.50.5
EBIT   [+]131.542.36.9-15.8-42.615.118.98.2
            EBIT margin  40.4%21.9%4.7%-9.7%-25.6%10.8%18.0%10.3%
Non-recurring items    1.0     
Interest expense  14.311.412.318.914.83.21.10.8
Other income (expense), net   [+] 2.51.09.4 0.0-0.60.3
Pre-tax income  117.233.4-5.4-25.3-57.412.017.37.7
Income taxes  13.41.1-0.20.7-1.70.86.62.9
            Tax rate  11.4%3.4%3.4% 3.0%7.1%38.4%38.2%
Net income  103.832.3-5.2-25.9-55.711.210.64.8
            Net margin  31.9%16.7%-3.5%-16.0%-33.4%7.9%10.1%6.0%
   
Basic EPS   [+]$2.31$0.74($0.12)($0.61)($1.31)$0.27$0.31$0.15
Diluted EPS   [+]$2.20$0.69($0.12)($0.61)($1.31)$0.26$0.30$0.14
   
Shares outstanding (basic)   [+]45.043.842.742.642.541.834.132.5
Shares outstanding (diluted)   [+]47.146.642.742.642.542.835.433.9
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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