Quintana Energy Services Inc. (QES) [Rocket]

In millions, except per share items	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15
	10-K	10-K	10-K	10-K	10-K
Revenues:
Directional Drilling	227.9	192.5	145.2
Pressure Control	106.6	122.6	89.9
Pressure Pumping	90.2	214.2	153.1
Wireline	59.6	75.1	49.8
Total revenues	484.3	604.4	438.0	206.5	189.3
Revenue growth [+]	-19.9%	38.0%	112.2%	9.1%
Directional Drilling	18.4%	32.5%
Pressure Control	-13.1%	36.4%
Pressure Pumping	-57.9%	39.9%
Wireline	-20.7%	50.9%
Cost of goods sold	411.7	503.0	361.5	182.9	153.1
Gross profit	72.6	101.3	76.6	23.5	36.2
Gross margin	15.0%	16.8%	17.5%	11.4%	19.1%
Selling, general and administrative [+]	55.1	62.8	44.0	73.6	51.8
General and administrative	55.1	62.8	44.0	73.6	51.8
Other operating expenses	-28.6	-2.4	-2.6		-40.0
EBITDA [+]	46.0	40.9	35.2	-50.1	24.4
EBITDA growth	12.4%	16.3%	-170.3%	-305.4%
EBITDA margin	9.5%	6.8%	8.0%	-24.3%	12.9%
Depreciation	48.1	44.9	43.3	76.3	39.7
EBITA	-2.1	-3.9	-8.1	-126.3	-15.3
EBITA margin	-0.4%	-0.7%	-1.8%	-61.2%	-8.1%
Amortization of intangibles	1.4	1.8	2.4	2.4
EBIT [+]	-3.5	-5.7	-10.5	-128.7	-15.3
EBIT growth	-38.7%	-45.3%	-91.9%	741.3%
EBIT margin	-0.7%	-0.9%	-2.4%	-62.4%	-8.1%
Non-recurring items [+]	68.2			17.8	40.6
Asset impairment	26.7			17.8	40.3
Loss (gain) on disposal of assets					0.3
Interest expense	3.2	11.8	11.3	7.6	3.1
Interest expense	3.2	11.8	11.3	7.6	3.1
Other income (expense), net [+]	0.0		0.7	-0.4
Other	0.0		0.7
Pre-tax income	-75.0	-17.6	-21.1	-154.6	-58.9
Income taxes	0.4	0.6	0.1	0.2	0.1
Net income	-75.4	-18.2	-21.2	-154.7	-59.0
Net margin	-15.6%	-3.0%	-4.8%	-75.0%	-31.2%

Basic EPS [+]	($2.24)	($0.54)			($0.25)
Growth	314.4%
Diluted EPS [+]	($2.24)	($0.54)			($0.25)
Growth	314.4%

Shares outstanding (basic) [+]	33.6	33.6			232.3
Growth	0.1%
Shares outstanding (diluted) [+]	33.6	33.6			232.3
Growth	0.1%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.