Innovex International, 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 $538.7m $455.5m $337.5m $375.3m $334.4m $287.9m $320.0m $424.1m $660.8m $978.3m
Cost of Goods and Services Sold $328.4m $305.4m $271.5m $295.0m $269.7m $242.4m $265.9m $308.5m $428.2m $675.0m
Gross Profit (Calculated) $210.3m $150.1m $66.0m $80.3m $64.7m $45.5m $54.1m $115.6m $232.6m $303.3m
Operating Income (Loss) $112.9m ($69.1m) ($122.7m) $2.8m ($63.6m) ($124.8m) $2.5m $5.3m $49.1m $132.6m
Additional Financial Items
Amortization of Intangible Assets $200k $2.4m $2.4m $2.9m $3.0m $3.0m $2.8m $3.6m $8.5m $15.9m
Foreign Currency Transaction Gain (Loss), before Tax ($2.3m) ($836k) $3.8m $2.5m
Goodwill, Impairment Loss $0 $849k $38.6m $0 $7.7m $0 $0 $0
Income (Loss) from Continuing Operations before Income Taxes, Domestic $33.5m ($84.3m) ($120.8m) ($51.0m) ($76.1m) ($135.4m) ($33.1m) ($15.5m) ($563.9m) $118.1m
Income (Loss) from Equity Method Investments $2.6m $0
Investment Income, Interest $3.0m $3.6m $8.0m $7.9m $2.1m $575k $4.5m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $115.9m ($65.6m) ($115.0m) $10.4m ($62.0m) ($125.0m) $6.8m $13.5m $142.8m $128.5m
Net Income (Loss) Attributable to Parent $93.2m ($100.6m) ($95.7m) $1.7m ($30.8m) ($128.0m) $443k $604k $140.3m $83.3m
Earnings Per Share, Basic $2.48 ($2.69) ($2.58) $0.05 ($0.87) ($3.62) $0.01 $0.02 $2.82 $1.21
Earnings Per Share, Diluted $2.47 ($2.69) ($2.58) $0.05 ($0.87) ($3.62) $0.01 $0.02 $2.77 $1.20
Weighted Average Number of Shares Outstanding, Basic 37.5m 37.5m 37.1m 35.8m 35.3m 35.3m 34.2m 34.2m 49.7m 69.0m
Weighted Average Number of Shares Outstanding, Diluted 37.7m 37.5m 37.1m 36.2m 35.3m 35.3m 34.5m 34.5m 50.6m 69.4m
Selling, General and Administrative Expense $53.1m $116.1m $104.0m $96.8m $95.1m $115.0m $94.2m $101.5m $116.2m $128.8m
Other Nonoperating Income (Expense) ($298k) $1.8m
Business Combination, Acquisition Related Costs $6.5m $32.2m
Costs and Expenses $425.9m $524.6m $507.4m $412.0m $428.5m $447.8m $359.5m $418.8m
Current Income Tax Expense (Benefit) $23.7m $17.8m ($15.2m) $7.9m ($36.3m) $11.4m $3k $15.5m $7.1m $10.9m
Interest Expense $28k $72k $291k $314k $621k $787k $216k $2.4m $2.6m
Operating Lease, Expense $2.1m $2.2m $1.3m $600k $1.7m
Research and Development Expense $3.7m $6.7m
Restructuring and Related Cost, Incurred Cost $8.5m $5.6m $5.8m $0
Restructuring Costs $5.7m $4.4m $1.4m
Income Tax Expense (Benefit) $22.6m $35.0m ($19.3m) $8.7m ($31.3m) $2.9m $6.3m $12.9m $2.5m $45.2m
Interest Income (Expense), Net $8.2m