← Drilling Tools International Corp
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | $2.6m |
$3.7m
+43.20%
|
$129.6m
+3400.83%
|
$152.0m
+17.35%
|
$154.4m
+1.59%
|
$159.6m
+3.35%
|
$153.4m
-3.93%
|
|
| Oil and gas revenue, net | — | $3.7m | $9.4m | $16.8m | $7.0m | $2.9m | — | |
| Cost of revenue, exclusive of depreciation and amortization | — | — | $33.0m |
$35.5m
+7.62%
|
$38.5m
+8.37%
|
$41.3m
+7.25%
|
$69.7m
+68.96%
|
|
| Gross Profit | — | — | $96.6m |
$116.5m
+20.68%
|
$116.0m
-0.48%
|
$118.3m
+2.06%
|
$83.6m
-29.35%
|
|
| Selling, general, and administrative expense | — | — | $51.6m | $68.3m | $78.7m | $82.2m | $79.7m | |
| Selling, General and Administrative Expense | $1.9m | $3.2m | $6.4m | $7.3m | $6.2m | $5.2m | $79.7m | |
| Total Operating Expenses | $2.4m | $2.6m | — | — | — | — | $149.5m | |
| Interest expense, net | — | — | ($477k) | ($1.1m) | ($3.4m) | $5.1m | $4.5m | |
| Interest expense | ($85k) | ($126k) | — | — | — | — | $4.5m | |
| Interest income | $13k | $46k | $87k | $19k | $53k | $226k | $428k | |
| Gain (loss) on sale of oil and gas properties and equipment | — | — | — | $20k | ($466k) | $74k | — | |
| Gain (loss) on extinguishment accounts payable | — | ($159k) | $97k | ($8k) | — | — | — | |
| Gain on sale of equipment | — | $40k | — | $20k | — | — | — | |
| Other income (expense) | ||||||||
| Other operating and non-operating expense, net | — | — | — | — | $7.5m | $4.7m | — | |
| Loss before other income (expenses) | ($3.2m) | ($3.0m) | ($8.3m) | ($3.5m) | ($8.1m) | ($5.2m) | — | |
| Non-Operating Income (Expense) | $3k | $3k | — | — | — | — | — | |
| Total other income (expense) | ($322k) | ($1.9m) | $2.2m | $5.3m | $1.4m | ($47.5m) | — | |
| Income Before Tax | — | $26k | $1.3m | ($9.9m) | ($3.8m) | ($3.2m) | ($3.3m) | |
| Income (loss) before income tax expense | — | — | $1.6m | $19.8m | $3.0m | ($2.9m) | — | |
| Income tax benefit (expense) | — | — | ($546k) | ($5.0m) | $30k | ($905k) | — | |
| Net income (loss) | ($3.5m) |
($2.1m)
+41.96%
|
$21.1m
+1128.02%
|
$14.7m
-30.04%
|
$3.0m
-79.56%
|
($3.8m)
-224.78%
|
($3.0m)
+19.84%
|
|
| Net loss | ($3.5m) | ($4.9m) | ($6.1m) | ($44k) | ($9.1m) | ($49.2m) | — | |
| Basic earnings (loss) per share | ($0.04) | ($0.01) | $0.04 | $0.67 | $0.09 | ($0.11) | ($0.09) | |
| Diluted earnings (loss) per share | — | ($0.15) | $0.04 | $0.59 | $0.09 | ($0.11) | ($0.09) | |
| Earnings Per Share (Basic) | ($0.04) | ($0.15) | ($0.10) | $-0.00 | ($0.32) | ($1.30) | ($0.09) | |
| Basic weighted-average common shares outstanding | 96.8m | 158.2m | 26.9m | 21.4m | 31.9m | 35.5m | — | |
| Diluted weighted-average common shares outstanding | — | — | 26.9m | 25.1m | 32.3m | 35.5m | — | |
| Gain on debt modification and settlement for shares | — | — | — | — | — | $578k | — | |
| Loss on issuance of shares | — | — | — | ($17k) | ($5k) | — | — | |
| Weighted Average Shares Outstanding | — | 31.6m | 62.5m | 16.2m | 28.5m | 37.8m | — | |
| Depreciation and amortization expense | — | — | $19.7m | $20.4m | $23.8m | $27.3m | — | |
| Loss (gain) on asset disposal | — | — | $0 | ($489k) | $0 | $65k | — | |
| Loss (gain) on remeasurement of previously held equity interest | — | — | — | ($255k) | $368k | — | — | |
| Goodwill impairment | — | — | — | — | $0 | $1.9m | $0 | |
| Foreign currency translation adjustment, net of tax | — | — | $173k | ($114k) | ($1.7m) | $2.5m | — | |
| Net comprehensive income (loss) | ($3.7m) | ($2.4m) | $21.3m | $14.6m | $1.4m | ($1.2m) | — | |
| Production | — | $2.6m | $3.6m | $4.4m | $4.8m | $2.4m | — | |
| Depletion | — | $416k | $1.5m | $5.1m | $1.3m | $140k | — | |
| Depreciation Expense | $239k | $32k | $145k | $176k | $87k | $65k | — | |
| Accretion of asset retirement obligation | — | $92k | $264k | $220k | $269k | $269k | — | |
| Stock-Based Compensation Expense | $411k | $336k | $2.1m | $2.4m | $1.1m | $19k | — | |
| Geological and geophysical expenses | — | — | $636k | $706k | $1.4m | $44k | — | |
| Finance cost | — | ($302k) | ($80k) | ($2.2m) | ($2.6m) | ($3.1m) | — | |
| Loss on extinguishment accounts payable and loan payable | — | — | $97k | ($8k) | ($264k) | — | — | |
| Loss on write-off of notes and other receivables | — | — | ($46k) | — | ($15k) | ($101k) | — | |
| Loss on impairment and sale of assets held for sale | — | — | — | ($1.6m) | ($133k) | ($329k) | — | |
| Impairment of oil and gas properties | — | — | — | — | ($9.9m) | ($54.5m) | — | |
| Gain on net monetary position | — | — | $1.8m | $19.0m | $18.4m | $12.8m | — | |
| Gain on modification and termination of lease | — | — | — | $32k | $47k | $33k | — | |
| Income (loss) before taxes | — | ($4.9m) | ($6.1m) | $1.8m | ($6.7m) | ($52.7m) | — | |
| Deferred tax recovery (expense) | — | — | — | ($1.9m) | ($2.4m) | $3.5m | — | |
| Foreign Currency Translation Adjustments | ($179k) | ($357k) | ($3.6m) | ($10.0m) | ($3.3m) | ($5.2m) | — | |
| Impairment of exploration and evaluation assets | — | — | $3.1m | — | — | — | — | |
| Loss on settlement agreement | — | — | ($285k) | — | — | — | — | |
| Gain on modification of lease | — | — | — | — | $47k | — | — | |
| Gain on termination of lease | — | — | — | $32k | — | — | — | |
| Loss on impairment of assets held for sale | — | — | — | ($1.6m) | $133k | $329k | — | |
| Other Operating Expense | $377k | $416k | — | — | — | — | — | |
| Investor relations | $458k | $915k | — | — | — | — | — | |
| Provision for loan receivable | ($54k) | — | — | — | — | — | — | |
| Accretion of convertible debt discount | ($35k) | — | — | — | — | — | — | |
| Foreign Currency Gain/Loss | $58k | $26k | — | — | — | — | — | |
| Gain on disposal of equipment | — | $40k | — | — | — | — | — | |
| Total costs and other deductions | — | — | $104.3m | $124.1m | $141.0m | $162.5m | — | |
| Total expenses | $5.8m | $6.7m | $17.7m | $20.3m | $15.1m | $8.1m | $79.7m | |
| Total comprehensive loss | — | ($5.3m) | ($9.8m) | ($10.1m) | ($12.5m) | ($54.4m) | — |