Independence Contract Drilling, Inc.
ICD · NYSE
12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | |
|---|---|---|---|---|
| Revenue | $210,106 | $186,710 | $87,955 | $83,418 |
| % Growth | 12.5% | 112.3% | 5.4% | – |
| Cost of Goods Sold | $173,796 | $163,842 | $114,666 | $109,286 |
| Gross Profit | $36,310 | $22,868 | -$26,711 | -$25,868 |
| % Margin | 17.3% | 12.2% | -30.4% | -31% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $0 | $0 | $0 | $0 |
| SG&A Expenses | $24,499 | $24,809 | $15,699 | $13,484 |
| Sales & Mktg Exp. | $0 | $0 | $0 | $0 |
| Other Operating Expenses | $585 | $0 | $150 | $0 |
| Operating Expenses | $25,084 | $24,809 | $15,849 | $13,484 |
| Operating Income | $11,226 | -$1,941 | -$42,560 | -$39,352 |
| % Margin | 5.3% | -1% | -48.4% | -47.2% |
| Other Income/Exp. Net | -$50,898 | -$69,576 | -$5,620 | -$57,433 |
| Pre-Tax Income | -$39,672 | -$71,517 | -$48,180 | -$96,785 |
| Tax Expense | -$1,975 | -$6,196 | $18,532 | -$147 |
| Net Income | -$37,697 | -$65,321 | -$66,712 | -$96,638 |
| % Margin | -17.9% | -35% | -75.8% | -115.8% |
| EPS | -2.69 | -5.01 | -8.89 | -19.69 |
| % Growth | 46.3% | 43.6% | 54.9% | – |
| EPS Diluted | -2.69 | -5.01 | -8.89 | -19.69 |
| Weighted Avg Shares Out | 14,012 | 13,026 | 7,507 | 4,907 |
| Weighted Avg Shares Out Dil | 14,012 | 13,026 | 7,507 | 4,907 |
| Supplemental Information | – | – | – | – |
| Interest Income | $0 | $0 | $0 | $0 |
| Interest Expense | $35,955 | $29,575 | $15,193 | $14,627 |
| Depreciation & Amortization | $43,543 | $40,443 | $38,915 | $43,919 |
| EBITDA | $54,769 | $38,502 | -$3,645 | $4,567 |
| % Margin | 26.1% | 20.6% | -4.1% | 5.5% |