← Arq, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $50.6m $35.7m $23.9m $70.1m $61.6m $100.3m $103.0m $99.2m $109.0m $120.3m
Revenue from Contract with Customer, Including Assessed Tax $50.6m $35.7m $23.9m $70.1m $61.6m $100.3m $103.0m $99.2m $109.0m $120.3m
Cost of Revenue $34.4m $24.3m $16.3m $47.6m $41.9m $68.2m $70.0m $78.4m $69.5m $86.8m
Operating Costs and Expenses — — — — — — — $67.3m — —
Operating Expenses $66.7m $49.5m $30.3m $85.0m $102.6m $95.4m $115.1m $112.5m $41.4m $86.5m
Operating Income (Loss) ($16.1m) ($13.8m) ($6.4m) ($14.9m) ($41.0m) $4.9m ($12.1m) ($13.3m) ($2.0m) ($53.0m)
Additional Financial Items
Amortization of Intangible Assets $100k $100k $200k $1.0m $1.0m $900k $500k $800k $400k $400k
Gain (Loss) Related to Litigation Settlement — $3.5m $0 — $1.1m $0 — — — —
Income (Loss) from Continuing Operations before Income Taxes, Domestic — — — — $13.8m $76.1m $8.7m ($9.1m) ($3.4m) ($44.8m)
Income (Loss) from Equity Method Investments $45.6m $53.8m $54.2m $69.2m $31.0m $68.7m $3.5m $1.6m $127k $2.0m
Interest Income, Other — — — $261k $127k $326k $239k $1.8m $1.1m —
Investment Income, Interest $268k $54k $239k — — — — — — —
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic $1.1m $171k $112k $44k ($5k) — — — — —
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest — — — — $13.8m $76.1m ($8.7m) ($12.1m) ($5.3m) ($52.6m)
Net Income (Loss) Attributable to Parent $97.7m $27.9m $35.5m $35.5m ($20.3m) $60.4m ($8.9m) ($12.2m) ($5.1m) ($52.6m)
Net Income (Loss) Available to Common Stockholders, Basic $96.6m $27.7m $35.3m $35.5m ($20.3m) — — — — —
Earnings Per Share, Basic $4.40 $1.30 $1.78 $1.96 ($1.12) $3.31 ($0.48) ($0.42) ($0.14) ($1.27)
Earnings Per Share, Diluted $4.34 $1.29 $1.76 $1.93 ($1.12) $3.27 ($0.48) ($0.42) ($0.14) ($1.27)
Common Stock, Dividends, Per Share, Declared $4.40 $0.75 $1.00 $1.00 $0.25 $3.31 ($0.48) ($0.42) ($0.14) ($1.27)
Weighted Average Number of Shares Outstanding, Basic 21.9m 21.4m 19.9m 18.2m 18.0m 18.3m 18.5m 29.1m 36.1m 41.5m
Weighted Average Number of Shares Outstanding, Diluted 22.2m 21.4m 20.0m 18.4m 18.0m 18.5m 18.5m 29.1m 36.1m 41.5m
Selling, General and Administrative Expense — — — — — — — $34.1m $28.7m $22.6m
Other Nonoperating Income (Expense) $2.5m $2.0m ($19k) $427k $132k $640k $155k $2.6m $1.2m $858k
Interest Expense (non-operating) — — — — — — — — $3.3m $2.4m
General and Administrative Expense $3.7m $3.9m $3.4m $8.1m $8.2m $7.1m $8.1m $12.6m — —
Interest Expense $5.1m $3.0m $2.2m $7.2m $3.9m $1.5m $336k $3.0m $3.3m $2.4m
Interest Expense, Debt $1.9m $0 $460k $4.1m $1.7m $206k $0 — — —
Labor and Related Expense $12.4m $7.7m $10.6m $10.1m $10.6m $11.3m $10.5m $15.2m — —
Nonoperating Income (Expense) $52.8m $65.8m $52.3m $62.4m $27.2m $71.2m $3.4m $1.2m ($3.3m) $360k
Operating Lease, Expense — — — $4.4m $4.4m $4.0m $4.4m $5.9m $5.3m $5.7m
Research and Development Expense ($648k) $157k — — $1.0m $400k $400k $3.3m $4.0m $7.3m
Restructuring Costs $1.6m — $3.1m — — — — — — —
Share-based Payment Arrangement, Expensed and Capitalized, Amount $400k $0 $800k $0 $600k — — — — —
Income Tax Expense (Benefit) ($60.9m) $24.2m $10.4m $12.0m $6.5m $15.7m $209k $153k ($164k) $12k

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.