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Lonestar Resources US Inc. (LONE)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14
   10-K10-K10-K10-K/A10-KS-1/A
Revenues:  
    Natural gas sales      6.87.6
    Other      70.7108.0
Revenues  195.2201.294.158.077.6115.6
            Revenue growth   [+]-3.0%113.9%62.3%-25.3%-32.9% 
Cost of goods sold  11.211.05.53.317.280.8
Gross profit  184.0190.188.554.760.434.8
            Gross margin  94.3%94.5%94.1%94.3%77.8%30.1%
Selling, general and administrative   [+]16.516.012.611.8106.7 
Other operating expenses  158.7111.477.919.9-23.4 
EBITDA   [+]97.4146.354.923.135.9 
            EBITDA margin  49.9%72.7%58.4%39.8%46.3%30.1%
Depreciation and amortization  88.683.657.052.058.8 
EBIT   [+]8.862.7-2.0-28.9-22.934.8
            EBIT margin  4.5%31.2%-2.2%-49.9%-29.6%30.1%
Non-recurring items   [+]50.312.233.435.6  
Interest expense  43.938.926.122.821.519.9
Other income (expense), net   [+]-30.214.5-11.013.62.044.0
Pre-tax income  -115.526.1-72.5-73.7-42.558.9
Income taxes  -12.56.8-29.025.0-15.122.4
            Tax rate  10.8%26.0%40.0% 35.6%38.1%
Net income  -111.611.5-47.5-98.70.036.5
            Net margin  -57.2%5.7%-50.4%-170.3%0.0%31.5%
   
Basic EPS   [+]($4.48)$0.47($2.13)($12.17)$0.00 
Diluted EPS   [+]($4.48)$0.46($2.13)($12.17)$0.00 
   
Shares outstanding (basic)   [+]24.924.622.38.17.5 
Shares outstanding (diluted)   [+]24.924.822.38.17.5 
   
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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