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DORCHESTER MINERALS, L.P. (DMLP)

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   [+]170.893.446.978.873.357.337.632.0
            Revenue growth  82.8%99.1%-40.4%7.5%27.9%52.5%17.2%-51.0%
Cost of goods sold   [+]12.97.65.76.65.52.21.41.3
Gross profit  157.985.841.272.267.855.136.230.7
            Gross margin  92.5%91.9%87.9%91.6%92.5%96.2%96.4%95.8%
Selling, general and administrative   [+]8.25.27.56.14.94.95.05.0
Other operating expenses       2.51.72.2
EBITDA   [+]149.780.633.866.162.947.729.523.5
            EBITDA margin  87.6%86.3%72.0%83.8%85.8%83.3%78.5%73.3%
Depreciation and amortization  19.110.511.913.38.99.38.510.1
EBIT   [+]130.670.221.952.853.938.421.013.4
            EBIT margin  76.5%75.1%46.6%67.0%73.6%67.1%55.8%41.9%
Other income (expense), net         -0.2
Pre-tax income  130.670.221.952.853.938.421.013.3
Income taxes  0.00.00.00.00.00.00.00.0
            Tax rate  0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Net income  126.167.821.251.051.937.120.212.7
            Net margin  73.8%72.6%45.1%64.8%70.9%64.7%53.9%39.8%
   
Basic EPS   [+]$3.35$1.94$0.61$1.50$1.61$1.18$0.66$0.42
Diluted EPS   [+]$3.35$1.94$0.61$1.50$1.61$1.18$0.66$0.42
   
Dividends per share   [+]$3.63$1.59$1.43$2.08$1.80$1.20$0.89$1.19
   
Shares outstanding (basic)   [+]37.635.134.734.132.331.530.730.7
Shares outstanding (diluted)   [+]37.635.134.734.132.331.530.730.7
   
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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