Epsilon Energy Ltd
NASDAQ:EPSN
Income Statement
Earnings Waterfall
Epsilon Energy Ltd
Revenue
|
30.7m
USD
|
Cost of Revenue
|
-8.9m
USD
|
Gross Profit
|
21.9m
USD
|
Operating Expenses
|
-15m
USD
|
Operating Income
|
6.9m
USD
|
Other Expenses
|
77k
USD
|
Net Income
|
6.9m
USD
|
Income Statement
Epsilon Energy Ltd
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
47
N/A
|
50
+8%
|
56
+11%
|
56
+1%
|
53
-6%
|
42
-21%
|
34
-19%
|
28
-17%
|
24
-16%
|
23
-4%
|
22
-4%
|
22
+2%
|
25
+13%
|
28
+10%
|
30
+6%
|
29
-3%
|
26
-10%
|
25
-1%
|
24
-7%
|
26
+10%
|
30
+14%
|
30
+1%
|
30
+2%
|
28
-7%
|
27
-6%
|
25
-6%
|
25
-2%
|
25
+2%
|
24
-3%
|
26
+8%
|
27
+3%
|
35
+27%
|
42
+23%
|
48
+12%
|
60
+27%
|
69
+13%
|
70
+2%
|
66
-6%
|
52
-20%
|
37
-29%
|
31
-18%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(11)
|
(11)
|
(12)
|
(12)
|
(11)
|
(10)
|
(11)
|
(10)
|
(10)
|
(10)
|
(9)
|
(9)
|
(9)
|
(9)
|
(8)
|
(8)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(9)
|
(8)
|
(8)
|
(8)
|
(8)
|
(9)
|
(9)
|
(10)
|
(10)
|
(9)
|
(10)
|
(9)
|
(8)
|
(9)
|
|
Gross Profit |
35
N/A
|
39
+11%
|
44
+13%
|
44
+1%
|
42
-6%
|
32
-24%
|
24
-26%
|
19
-21%
|
14
-26%
|
13
-8%
|
13
-2%
|
13
+5%
|
16
+24%
|
19
+16%
|
21
+13%
|
21
-4%
|
19
-7%
|
19
-3%
|
17
-11%
|
19
+14%
|
22
+16%
|
22
+2%
|
23
+3%
|
21
-10%
|
19
-9%
|
17
-9%
|
16
-5%
|
17
+3%
|
16
-5%
|
18
+15%
|
19
+5%
|
26
+37%
|
34
+28%
|
39
+15%
|
51
+31%
|
59
+16%
|
61
+3%
|
56
-7%
|
44
-22%
|
29
-33%
|
22
-25%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(24)
|
(27)
|
(27)
|
(27)
|
(24)
|
(21)
|
(20)
|
(17)
|
(15)
|
(49)
|
(48)
|
(14)
|
(14)
|
(14)
|
(14)
|
(13)
|
(15)
|
(15)
|
(14)
|
(14)
|
(12)
|
(13)
|
(13)
|
(12)
|
(12)
|
(11)
|
(14)
|
(15)
|
(15)
|
(15)
|
(14)
|
(13)
|
(14)
|
(13)
|
(12)
|
(13)
|
(14)
|
(15)
|
(15)
|
(14)
|
(15)
|
|
Selling, General & Administrative |
(7)
|
(7)
|
(4)
|
(2)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(6)
|
(6)
|
(5)
|
(5)
|
(4)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(6)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(7)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
|
Depreciation & Amortization |
(17)
|
(20)
|
(23)
|
(25)
|
(23)
|
(20)
|
(18)
|
(15)
|
(13)
|
(13)
|
(12)
|
(12)
|
(12)
|
(11)
|
(11)
|
(10)
|
(11)
|
(10)
|
(10)
|
(10)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(9)
|
(10)
|
(10)
|
(9)
|
(8)
|
(7)
|
(7)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(6)
|
(8)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
(35)
|
(35)
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
11
N/A
|
12
+8%
|
17
+39%
|
17
+5%
|
17
-1%
|
10
-40%
|
4
-62%
|
2
-45%
|
(1)
N/A
|
(37)
-2 680%
|
(36)
+2%
|
(1)
+99%
|
2
N/A
|
5
+124%
|
8
+48%
|
8
-1%
|
4
-52%
|
4
+5%
|
3
-28%
|
4
+60%
|
10
+118%
|
9
-4%
|
10
+11%
|
9
-15%
|
7
-21%
|
6
-15%
|
2
-59%
|
1
-42%
|
1
-44%
|
4
+353%
|
5
+52%
|
13
+146%
|
20
+54%
|
26
+29%
|
39
+48%
|
46
+18%
|
47
+2%
|
41
-12%
|
29
-31%
|
15
-48%
|
7
-54%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(6)
|
(9)
|
(11)
|
(9)
|
(7)
|
(2)
|
(2)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(2)
|
(0)
|
2
|
4
|
1
|
(0)
|
(2)
|
(3)
|
1
|
2
|
4
|
6
|
4
|
3
|
2
|
1
|
(1)
|
(6)
|
(5)
|
(6)
|
(3)
|
1
|
1
|
3
|
3
|
5
|
5
|
|
Non-Reccuring Items |
(13)
|
(13)
|
(13)
|
(13)
|
0
|
0
|
0
|
(10)
|
(35)
|
0
|
0
|
(25)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
1
|
(1)
|
(1)
|
(2)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
|
Pre-Tax Income |
(9)
N/A
|
(11)
-24%
|
(7)
+36%
|
(4)
+49%
|
12
N/A
|
10
-18%
|
3
-73%
|
(11)
N/A
|
(40)
-248%
|
(41)
-2%
|
(40)
+2%
|
(29)
+27%
|
(2)
+93%
|
0
N/A
|
6
+1 293%
|
7
+34%
|
5
-28%
|
7
+37%
|
4
-48%
|
4
+8%
|
7
+80%
|
6
-14%
|
11
+73%
|
11
+3%
|
12
+10%
|
11
-12%
|
5
-57%
|
2
-49%
|
1
-40%
|
5
+224%
|
5
+2%
|
7
+49%
|
16
+124%
|
20
+26%
|
35
+76%
|
47
+32%
|
48
+1%
|
44
-7%
|
30
-31%
|
18
-41%
|
10
-44%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(5)
|
(5)
|
(5)
|
(8)
|
(6)
|
(4)
|
(1)
|
5
|
14
|
15
|
14
|
11
|
(1)
|
(2)
|
(4)
|
(4)
|
(3)
|
(3)
|
(1)
|
0
|
(1)
|
(1)
|
(2)
|
(3)
|
(4)
|
(3)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(4)
|
(5)
|
(10)
|
(13)
|
(12)
|
(11)
|
(8)
|
(4)
|
(3)
|
|
Income from Continuing Operations |
(14)
|
(15)
|
(12)
|
(12)
|
7
|
6
|
2
|
(6)
|
(26)
|
(26)
|
(25)
|
(18)
|
(3)
|
(2)
|
2
|
3
|
3
|
5
|
3
|
4
|
7
|
6
|
9
|
8
|
9
|
8
|
3
|
1
|
1
|
3
|
3
|
5
|
12
|
15
|
26
|
34
|
35
|
33
|
23
|
14
|
7
|
|
Net Income (Common) |
(14)
N/A
|
(15)
-14%
|
(12)
+19%
|
(12)
+3%
|
7
N/A
|
6
-8%
|
2
-70%
|
(6)
N/A
|
(26)
-306%
|
(26)
-2%
|
(25)
+3%
|
(18)
+27%
|
(3)
+83%
|
(2)
+50%
|
2
N/A
|
3
+75%
|
7
+123%
|
9
+25%
|
7
-21%
|
9
+24%
|
7
-27%
|
6
-12%
|
9
+56%
|
8
-12%
|
9
+8%
|
8
-12%
|
3
-58%
|
1
-54%
|
1
-41%
|
3
+275%
|
3
+2%
|
5
+50%
|
12
+129%
|
15
+26%
|
26
+75%
|
34
+32%
|
35
+4%
|
33
-6%
|
23
-31%
|
14
-40%
|
7
-49%
|
|
EPS (Diluted) |
-0.54
N/A
|
-0.62
-15%
|
-0.5
+19%
|
-0.48
+4%
|
0.27
N/A
|
0.25
-7%
|
0.07
-72%
|
-0.27
N/A
|
-1.08
-300%
|
-1.12
-4%
|
-1.09
+3%
|
-0.8
+27%
|
-0.13
+84%
|
-0.07
+46%
|
0.07
N/A
|
0.13
+86%
|
0.28
+115%
|
0.33
+18%
|
0.26
-21%
|
0.33
+27%
|
0.24
-27%
|
0.21
-13%
|
0.33
+57%
|
0.29
-12%
|
0.32
+10%
|
0.28
-13%
|
0.12
-57%
|
0.06
-50%
|
0.03
-50%
|
0.14
+367%
|
0.14
N/A
|
0.21
+50%
|
0.49
+133%
|
0.63
+29%
|
1.11
+76%
|
1.46
+32%
|
1.51
+3%
|
1.43
-5%
|
0.99
-31%
|
0.6
-39%
|
0.31
-48%
|