Opal Fuels Inc
NASDAQ:OPAL
Income Statement
Earnings Waterfall
Opal Fuels Inc
Revenue
|
256.1m
USD
|
Cost of Revenue
|
-182.8m
USD
|
Gross Profit
|
73.3m
USD
|
Operating Expenses
|
-77.3m
USD
|
Operating Income
|
-4m
USD
|
Other Expenses
|
22.9m
USD
|
Net Income
|
18.9m
USD
|
Income Statement
Opal Fuels Inc
Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue |
166
N/A
|
191
+15%
|
211
+10%
|
230
+9%
|
236
+2%
|
229
-3%
|
231
+1%
|
236
+2%
|
256
+9%
|
|
Gross Profit | ||||||||||
Cost of Revenue |
(115)
|
(132)
|
(147)
|
(162)
|
(171)
|
(171)
|
(176)
|
(178)
|
(183)
|
|
Gross Profit |
51
N/A
|
59
+15%
|
64
+9%
|
68
+6%
|
65
-5%
|
58
-10%
|
55
-5%
|
57
+4%
|
73
+28%
|
|
Operating Income | ||||||||||
Operating Expenses |
(40)
|
(33)
|
(36)
|
(60)
|
(63)
|
(62)
|
(73)
|
(71)
|
(77)
|
|
Selling, General & Administrative |
(29)
|
(36)
|
(38)
|
(46)
|
(50)
|
(53)
|
(59)
|
(57)
|
(52)
|
|
Depreciation & Amortization |
(11)
|
(12)
|
(13)
|
(14)
|
(13)
|
(14)
|
(14)
|
(14)
|
(14)
|
|
Other Operating Expenses |
0
|
15
|
15
|
0
|
(0)
|
4
|
(0)
|
(0)
|
(11)
|
|
Operating Income |
11
N/A
|
26
+135%
|
28
+8%
|
8
-72%
|
2
-77%
|
(4)
N/A
|
(17)
-317%
|
(13)
+22%
|
(4)
+70%
|
|
Pre-Tax Income | ||||||||||
Interest Income Expense |
15
|
10
|
(11)
|
(5)
|
(1)
|
3
|
4
|
(0)
|
2
|
|
Non-Reccuring Items |
15
|
0
|
0
|
19
|
0
|
0
|
127
|
122
|
(2)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
32
|
31
|
30
|
31
|
131
|
|
Pre-Tax Income |
41
N/A
|
37
-10%
|
18
-52%
|
22
+26%
|
33
+46%
|
30
-9%
|
144
+385%
|
139
-4%
|
127
-9%
|
|
Net Income | ||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Income from Continuing Operations |
41
|
37
|
18
|
22
|
33
|
30
|
144
|
139
|
127
|
|
Income to Minority Interest |
1
|
6
|
8
|
4
|
(21)
|
(18)
|
(113)
|
(107)
|
(97)
|
|
Net Income (Common) |
41
N/A
|
42
+1%
|
23
-45%
|
21
-9%
|
3
-84%
|
2
-47%
|
20
+990%
|
20
+4%
|
19
-7%
|
|
EPS (Diluted) |
1.61
N/A
|
1.63
+1%
|
0.9
-45%
|
0.82
-9%
|
0.13
-84%
|
0.07
-46%
|
0.73
+943%
|
0.76
+4%
|
0.69
-9%
|