Select Water Solutions, 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 $302.4m $692.5m $1.5b $1.3b $605.1m $764.6m $1.4b $1.6b $1.5b $1.4b
Cost of Goods and Services Sold $264.2m $634.7m $1.3b $1.1b $528.6m $667.9m $1.2b $1.4b $1.2b $1.2b
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization $1.1b $1.0b
Gross Profit ($44.1m) $57.8m $198.5m $148.7m ($29.3m) $20.9m $160.8m $231.7m $219.5m $202.4m
Operating Expenses $254.8m $87.8m $136.8m $125.7m $365.5m $86.4m $121.6m $170.5m $165.0m $173.6m
Operating Income (Loss) ($299.0m) ($30.0m) $61.7m $23.1m ($394.8m) ($65.5m) $39.2m $61.2m $54.5m $28.8m
Additional Financial Items
Amortization of Intangible Assets $8.7m $10.7m $13.1m $11.9m $11.7m $10.6m $11.3m $17.9m $17.1m $17.5m
Foreign Currency Transaction Gain (Loss), before Tax $281k ($1.3m) $273k $39k $2k ($8k)
Goodwill, Impairment Loss $138.5m $17.9m $4.4m $266.9m
Income (Loss) from Continuing Operations before Income Taxes, Domestic $20.2m
Income (Loss) from Equity Method Investments ($279k) ($913k) ($1.8m) ($352k) ($4.9m)
Lease Income $478k $350k $335k $317k $251k $151k $377k
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest ($314.5m) ($36.0m) $56.0m $6.1m ($403.2m) ($49.7m) $19.9m
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest ($313.9m) ($35.1m)
Net Income (Loss) Attributable to Parent ($1.0m) ($16.8m) $36.5m $2.8m ($338.7m) ($42.2m) $48.3m $74.4m $30.6m $21.2m
Net Income (Loss) Attributable to Noncontrolling Interest ($6.4m) ($18.3m) $17.8m $1.4m ($63.0m) ($7.9m) $6.6m $4.8m $4.8m $244k
Selling, General and Administrative Expense $34.6m $82.4m $103.2m $111.6m $74.4m $83.1m $118.9m $155.5m $160.0m $161.3m
Other Nonoperating Income (Expense) $629k $369k $932k ($2.9m) ($3.5m) $673k $4.7m $2.4m ($573k) ($1.1m)
Interest Expense (non-operating) $7.0m $23.2m
Accretion Expense, Including Asset Retirement Obligations $2.3m $10.1m
Cost, Depreciation and Amortization $116.8m $98.8m $90.0m $113.5m $138.8m
Current Income Tax Expense (Benefit) $275k ($415k) $2.1m $1.7m ($1.4m) ($136k) $1.1m $1.8m $1.1m ($392k)
Interest Expense $16.1m $6.6m $5.3m $2.7m $2.1m $1.7m $2.7m $4.4m
Real Estate Tax Expense $800k $800k $800k $800k $1.1m $1.3m $1.1m
Income Tax Expense (Benefit) ($524k) ($851k) $1.7m $1.9m ($1.5m) $147k $957k ($60.2m) $13.6m ($1.6m)
Other Operating Income (Expense), Net $1.6m $353k ($1.3m) ($240k) $407k $1.8m $2.0m $450k ($1.1m) ($2.4m)

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.