Income Statement (TTM)
Tidewater Renewables Ltd. Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.
All numbers are times 1,000,000 except per share units.
|
2021 12-31 |
2022 09-30 |
2022 12-31 |
2023 03-31 |
2023 06-30 |
2023 09-30 |
2023 12-31 |
2024 03-31 |
2024 06-30 |
2024 09-30 |
2024 12-31 |
2025 03-31 |
2025 06-30 |
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 35 | 85 | 76 | 79 | 72 | 77 | 98 | 189 | 323 | 390 | 427 | 373 | 299 |
| Change (%) | 146.16 | -10.61 | 3.48 | -8.34 | 6.30 | 27.31 | 93.51 | 70.93 | 20.85 | 9.24 | -12.56 | -19.74 | |
| % of Revenue | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |
| Cost Of Sales | 11 | 32 | 30 | 33 | 31 | 35 | 54 | 125 | 221 | 273 | 308 | 279 | 234 |
| Change (%) | 189.02 | -6.25 | 8.78 | -3.58 | 11.15 | 53.50 | 132.40 | 77.70 | 23.30 | 12.94 | -9.68 | -15.84 | |
| % of Revenue | 31.98 | 37.55 | 39.38 | 41.40 | 43.55 | 45.54 | 54.90 | 65.94 | 68.55 | 69.93 | 72.30 | 74.68 | 78.30 |
| Gross Operating Profit | 24 | 53 | 46 | 46 | 41 | 42 | 44 | 64 | 102 | 117 | 118 | 94 | 65 |
| Change (%) | 126.01 | -13.23 | 0.03 | -11.70 | 2.56 | 5.42 | 46.17 | 57.83 | 15.53 | 0.63 | -20.06 | -31.24 | |
| % of Revenue | 68.02 | 62.45 | 60.62 | 58.60 | 56.45 | 54.46 | 45.10 | 34.06 | 31.45 | 30.07 | 27.70 | 25.32 | 21.70 |
| SG&A | 2 | 9 | 9 | 11 | 12 | 12 | 13 | 11 | 11 | 10 | 6 | 6 | 5 |
| Change (%) | 272.23 | 5.74 | 21.19 | 7.27 | 1.03 | 7.50 | -14.83 | 1.77 | -8.08 | -37.71 | -4.49 | -24.73 | |
| % of Revenue | 6.65 | 10.05 | 11.89 | 13.93 | 16.30 | 15.49 | 13.08 | 5.76 | 3.43 | 2.61 | 1.49 | 1.62 | 1.52 |
| R&D | |||||||||||||
| Change (%) | |||||||||||||
| % of Revenue | |||||||||||||
| OpEx | 24 | 61 | 30 | 89 | 84 | 82 | 149 | 191 | 315 | 355 | 371 | 326 | 253 |
| Change (%) | 153.89 | -50.95 | 196.90 | -5.65 | -2.12 | 80.74 | 28.16 | 65.17 | 12.81 | 4.33 | -11.94 | -22.35 | |
| % of Revenue | 69.71 | 71.90 | 39.45 | 113.18 | 116.50 | 107.27 | 152.29 | 100.86 | 97.46 | 90.97 | 86.89 | 87.50 | 84.66 |
| Operating Income | 10 | 24 | 46 | -10 | -12 | -6 | -51 | -2 | 8 | 35 | 56 | 47 | 46 |
| Change (%) | 128.38 | 92.60 | -122.53 | 14.74 | -53.15 | 815.23 | -96.81 | -603.87 | 329.77 | 58.64 | -16.65 | -1.48 | |
| % of Revenue | 30.29 | 28.10 | 60.55 | -13.18 | -16.50 | -7.27 | -52.29 | -0.86 | 2.54 | 9.03 | 13.11 | 12.50 | 15.34 |
| Interest Expense | -2 | -5 | -7 | -11 | -15 | -19 | -22 | -28 | -32 | -35 | -37 | -32 | -27 |
| Change (%) | 163.85 | 31.21 | 52.26 | 43.20 | 26.54 | 11.69 | 27.99 | 15.05 | 10.71 | 4.24 | -14.64 | -12.93 | |
| % of Revenue | -5.89 | -6.32 | -9.27 | -13.65 | -21.32 | -25.38 | -22.26 | -14.73 | -9.91 | -9.08 | -8.66 | -8.46 | -9.18 |
| Net Income | 4 | 13 | 26 | -13 | -15 | -14 | -41 | -12 | -10 | -367 | -358 | -360 | -352 |
| Change (%) | 220.22 | 95.47 | -150.30 | 13.10 | -4.19 | 190.09 | -71.18 | -19.29 | 3,748.74 | -2.55 | 0.69 | -2.25 | |
| % of Revenue | 11.98 | 15.59 | 34.09 | -16.57 | -20.45 | -18.43 | -41.99 | -6.25 | -2.95 | -94.04 | -83.89 | -96.61 | -117.66 |
Source: Capital IQ
