Trecora Resources
NYSE:TREC
Income Statement
Earnings Waterfall
Trecora Resources
Revenue
|
301.3m
USD
|
Cost of Revenue
|
-267.2m
USD
|
Gross Profit
|
34.1m
USD
|
Operating Expenses
|
-25.7m
USD
|
Operating Income
|
8.4m
USD
|
Other Expenses
|
600k
USD
|
Net Income
|
9m
USD
|
Income Statement
Trecora Resources
Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||||||||||||||
Revenue |
242
N/A
|
234
-3%
|
223
-5%
|
219
-2%
|
213
-3%
|
220
+3%
|
236
+8%
|
248
+5%
|
266
+8%
|
282
+6%
|
290
+3%
|
281
-3%
|
265
-5%
|
256
-4%
|
242
-5%
|
239
-1%
|
229
-4%
|
219
-4%
|
212
-3%
|
216
+2%
|
229
+6%
|
233
+2%
|
245
+5%
|
261
+7%
|
267
+2%
|
279
+4%
|
288
+3%
|
281
-2%
|
283
+0%
|
272
-4%
|
259
-5%
|
256
-1%
|
227
-11%
|
212
-7%
|
209
-2%
|
201
-4%
|
229
+14%
|
256
+12%
|
273
+6%
|
301
+10%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(207)
|
(200)
|
(192)
|
(188)
|
(182)
|
(187)
|
(201)
|
(210)
|
(226)
|
(239)
|
(244)
|
(229)
|
(210)
|
(197)
|
(185)
|
(185)
|
(178)
|
(175)
|
(173)
|
(177)
|
(191)
|
(194)
|
(204)
|
(220)
|
(229)
|
(244)
|
(260)
|
(254)
|
(252)
|
(239)
|
(220)
|
(219)
|
(195)
|
(181)
|
(180)
|
(178)
|
(202)
|
(228)
|
(244)
|
(267)
|
|
Gross Profit |
34
N/A
|
34
-1%
|
31
-10%
|
31
0%
|
31
+1%
|
32
+4%
|
35
+9%
|
37
+6%
|
40
+8%
|
43
+7%
|
46
+6%
|
52
+14%
|
55
+6%
|
58
+5%
|
57
-2%
|
54
-6%
|
51
-6%
|
44
-14%
|
40
-8%
|
39
-3%
|
38
-1%
|
39
+3%
|
42
+6%
|
41
-1%
|
38
-7%
|
35
-8%
|
28
-21%
|
28
0%
|
30
+9%
|
33
+9%
|
39
+17%
|
37
-5%
|
32
-12%
|
31
-3%
|
29
-8%
|
23
-20%
|
28
+21%
|
28
+2%
|
29
+1%
|
34
+19%
|
|
Operating Income | |||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(13)
|
(13)
|
(13)
|
(14)
|
(15)
|
(15)
|
(15)
|
(16)
|
(17)
|
(17)
|
(20)
|
(21)
|
(22)
|
(23)
|
(21)
|
(21)
|
(22)
|
(22)
|
(21)
|
(10)
|
(22)
|
(23)
|
(23)
|
(24)
|
(22)
|
(23)
|
(23)
|
(26)
|
(27)
|
(25)
|
(25)
|
(50)
|
(50)
|
(50)
|
(26)
|
(26)
|
(28)
|
(31)
|
(27)
|
(26)
|
|
Selling, General & Administrative |
(12)
|
(12)
|
(13)
|
(13)
|
(14)
|
(14)
|
(15)
|
(15)
|
(16)
|
(17)
|
(20)
|
(21)
|
(21)
|
(22)
|
(20)
|
(21)
|
(21)
|
(21)
|
(20)
|
(21)
|
(21)
|
(23)
|
(23)
|
(23)
|
(22)
|
(22)
|
(23)
|
(22)
|
(24)
|
(24)
|
(24)
|
(25)
|
(25)
|
(25)
|
(25)
|
(26)
|
(27)
|
(30)
|
(26)
|
(26)
|
|
Depreciation & Amortization |
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
12
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(3)
|
0
|
0
|
(24)
|
(24)
|
(24)
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
22
N/A
|
21
-2%
|
17
-17%
|
17
-3%
|
16
-4%
|
17
+6%
|
20
+15%
|
21
+7%
|
24
+11%
|
26
+10%
|
25
-2%
|
31
+21%
|
33
+7%
|
35
+7%
|
36
+3%
|
32
-10%
|
29
-11%
|
22
-24%
|
19
-15%
|
28
+51%
|
16
-43%
|
16
-1%
|
18
+14%
|
18
-3%
|
16
-10%
|
12
-23%
|
5
-62%
|
2
-54%
|
3
+44%
|
8
+176%
|
13
+60%
|
(13)
N/A
|
(18)
-35%
|
(19)
-3%
|
3
N/A
|
(3)
N/A
|
(0)
+100%
|
(3)
-26 500%
|
2
N/A
|
8
+434%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
6
|
6
|
(2)
|
1
|
6
|
8
|
8
|
5
|
0
|
(2)
|
(2)
|
(3)
|
(3)
|
(6)
|
(8)
|
(2)
|
(3)
|
0
|
(0)
|
(7)
|
(9)
|
(11)
|
(7)
|
(6)
|
(3)
|
(3)
|
(4)
|
(5)
|
(5)
|
(6)
|
(5)
|
(5)
|
(4)
|
(3)
|
(3)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
12
|
12
|
12
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(3)
|
0
|
0
|
(2)
|
(24)
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
1
|
0
|
|
Gain/Loss on Disposition of Assets |
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
|
(1)
|
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)
|
1
|
1
|
1
|
1
|
0
|
0
|
|
Pre-Tax Income |
28
N/A
|
27
-4%
|
15
-43%
|
18
+18%
|
22
+24%
|
25
+13%
|
28
+10%
|
26
-7%
|
24
-8%
|
24
+3%
|
23
-7%
|
28
+24%
|
29
+4%
|
29
+0%
|
28
-3%
|
30
+6%
|
37
+25%
|
34
-10%
|
30
-11%
|
22
-28%
|
7
-68%
|
5
-33%
|
11
+138%
|
11
+4%
|
12
+11%
|
9
-26%
|
(2)
N/A
|
(3)
-27%
|
(2)
+28%
|
1
N/A
|
(16)
N/A
|
(18)
-13%
|
(23)
-23%
|
(23)
+1%
|
1
N/A
|
(5)
N/A
|
(1)
+86%
|
(1)
-44%
|
3
N/A
|
8
+206%
|
|
Net Income | |||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(9)
|
(9)
|
(6)
|
(6)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(7)
|
(9)
|
(9)
|
(10)
|
(10)
|
(10)
|
(14)
|
(12)
|
(11)
|
(8)
|
(3)
|
(1)
|
(3)
|
(3)
|
(3)
|
(2)
|
1
|
1
|
1
|
0
|
4
|
10
|
10
|
9
|
4
|
(1)
|
(1)
|
1
|
2
|
1
|
|
Income from Continuing Operations |
19
|
18
|
9
|
12
|
15
|
17
|
20
|
17
|
16
|
17
|
16
|
19
|
20
|
20
|
19
|
20
|
24
|
21
|
19
|
14
|
4
|
3
|
8
|
9
|
10
|
7
|
(2)
|
(2)
|
(2)
|
1
|
(13)
|
(9)
|
(13)
|
(14)
|
5
|
(5)
|
(1)
|
(0)
|
5
|
9
|
|
Income to Minority Interest |
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
|
|
Net Income (Common) |
19
N/A
|
18
-5%
|
9
-48%
|
12
+30%
|
15
+24%
|
17
+15%
|
20
+14%
|
17
-11%
|
16
-8%
|
17
+3%
|
16
-6%
|
19
+20%
|
20
+7%
|
20
-2%
|
19
-5%
|
20
+8%
|
24
+19%
|
21
-11%
|
19
-9%
|
14
-30%
|
4
-69%
|
3
-25%
|
18
+465%
|
19
+5%
|
20
+7%
|
17
-16%
|
(2)
N/A
|
(3)
-26%
|
(3)
+6%
|
(1)
+80%
|
(15)
-2 575%
|
(6)
+60%
|
(10)
-71%
|
12
N/A
|
31
+169%
|
16
-49%
|
20
+26%
|
(0)
N/A
|
5
N/A
|
9
+81%
|
|
EPS (Diluted) |
0.76
N/A
|
0.73
-4%
|
0.38
-48%
|
0.49
+29%
|
0.6
+22%
|
0.69
+15%
|
0.78
+13%
|
0.69
-12%
|
0.64
-7%
|
0.67
+5%
|
0.62
-7%
|
0.75
+21%
|
0.8
+7%
|
0.78
-3%
|
0.74
-5%
|
0.8
+8%
|
0.96
+20%
|
0.86
-10%
|
0.78
-9%
|
0.55
-29%
|
0.17
-69%
|
0.13
-24%
|
0.71
+446%
|
0.75
+6%
|
0.82
+9%
|
0.69
-16%
|
-0.09
N/A
|
-0.12
-33%
|
-0.11
+8%
|
-0.02
+82%
|
-0.61
-2 950%
|
-0.24
+61%
|
-0.41
-71%
|
0.46
N/A
|
1.26
+174%
|
0.65
-48%
|
0.8
+23%
|
-0.02
N/A
|
0.19
N/A
|
0.38
+100%
|