Independence Contract Drilling, Inc.

ICD · NYSE
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12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenue$210$187$88$83
% Growth12.5%112.3%5.4%
Cost of Goods Sold$174$164$115$109
Gross Profit$36$23-$27-$26
% Margin17.3%12.2%-30.4%-31%
R&D Expenses$0$0$0$0
G&A Expenses$0$0$0$0
SG&A Expenses$24$25$16$13
Sales & Mktg Exp.$0$0$0$0
Other Operating Expenses$1$0$0$0
Operating Expenses$25$25$16$13
Operating Income$11-$2-$43-$39
% Margin5.3%-1%-48.4%-47.2%
Other Income/Exp. Net-$51-$70-$6-$57
Pre-Tax Income-$40-$72-$48-$97
Tax Expense-$2-$6$19-$0
Net Income-$38-$65-$67-$97
% Margin-17.9%-35%-75.8%-115.8%
EPS-2.69-5.01-8.89-19.69
% Growth46.3%43.6%54.9%
EPS Diluted-2.69-5.01-8.89-19.69
Weighted Avg Shares Out141385
Weighted Avg Shares Out Dil141385
Supplemental Information
Interest Income$0$0$0$0
Interest Expense$36$30$15$15
Depreciation & Amortization$44$40$39$44
EBITDA$55$39-$4$5
% Margin26.1%20.6%-4.1%5.5%