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Smart Sand, Inc. (SND)

Income Statement Business | Customer

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14
   10-K10-K10-K10-K10-K10-K10-K10-K
Total revenues   [+]126.6122.3233.1212.5137.259.247.768.2
            Revenue growth  3.5%-47.5%9.7%54.8%131.7%24.2%-30.0% 
Cost of goods sold  140.4104.2152.0143.1100.326.621.030.1
Gross profit  -13.718.181.169.436.932.726.738.1
            Gross margin  -10.8%14.8%34.8%32.6%26.9%55.1%56.0%55.9%
Selling, general and administrative   [+]26.025.522.923.917.711.99.77.2
Other operating expenses  19.6      4.9
EBITDA   [+]-36.012.882.260.826.626.921.929.4
            EBITDA margin  -28.4%10.5%35.3%28.6%19.4%45.4%45.9%43.1%
Depreciation  24.521.325.016.27.96.55.33.6
EBITA  -60.5-8.557.144.718.720.416.625.8
            EBITA margin  -47.8%-7.0%24.5%21.0%13.6%34.4%34.8%37.8%
Amortization of intangibles  0.80.81.41.0    
EBIT   [+]-61.3-9.355.843.718.720.416.625.8
            EBIT margin  -48.4%-7.6%23.9%20.5%13.6%34.4%34.8%37.8%
Non-recurring items   [+]2.23.712.316.0    
Interest expense   0.3 2.30.52.92.72.2
Other income (expense), net   [+]3.838.3-4.10.20.52.2-4.7-6.5
Pre-tax income  -59.725.039.425.618.719.89.117.1
Income taxes  -9.0-13.07.85.5-2.89.44.19.5
            Tax rate  15.1% 19.8%21.5% 47.5%45.3%55.7%
Net income  -50.738.031.620.121.510.45.07.6
            Net margin  -40.0%31.0%13.6%9.5%15.7%17.5%10.5%11.1%
   
Basic EPS   [+]($1.21)$0.94$0.79$0.50$0.54$0.43$0.23$0.34
Diluted EPS   [+]($1.21)$0.94$0.78$0.50$0.53$0.42$0.19$0.29
   
Shares outstanding (basic)   [+]41.840.340.140.440.224.322.122.0
Shares outstanding (diluted)   [+]41.840.340.340.440.324.626.426.2
   
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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