USD Partners LP
NYSE:USDP
Income Statement
Earnings Waterfall
USD Partners LP
Revenue
|
72.3m
USD
|
Cost of Revenue
|
-31.4m
USD
|
Gross Profit
|
41m
USD
|
Operating Expenses
|
-32.8m
USD
|
Operating Income
|
8.2m
USD
|
Other Expenses
|
-7.6m
USD
|
Net Income
|
594k
USD
|
Income Statement
USD Partners LP
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||||||||||||||
Revenue |
26
N/A
|
24
-10%
|
24
+1%
|
32
+33%
|
36
+14%
|
44
+22%
|
59
+34%
|
68
+15%
|
82
+20%
|
95
+16%
|
102
+8%
|
109
+6%
|
113
+4%
|
115
+1%
|
114
-1%
|
113
-1%
|
109
-3%
|
111
+2%
|
113
+2%
|
116
+2%
|
119
+3%
|
117
-2%
|
114
-2%
|
114
+0%
|
114
-1%
|
117
+2%
|
117
+1%
|
119
+1%
|
120
+1%
|
120
+0%
|
185
+53%
|
189
+2%
|
204
+8%
|
197
-4%
|
139
-29%
|
125
-10%
|
112
-11%
|
97
-13%
|
83
-15%
|
72
-13%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(22)
|
(17)
|
(18)
|
(22)
|
(22)
|
(26)
|
(32)
|
(35)
|
(39)
|
(39)
|
(38)
|
(38)
|
(37)
|
(38)
|
(37)
|
(38)
|
(39)
|
(41)
|
(43)
|
(44)
|
(44)
|
(42)
|
(40)
|
(39)
|
(38)
|
(39)
|
(38)
|
(37)
|
(36)
|
(35)
|
(58)
|
(63)
|
(73)
|
(70)
|
(51)
|
(46)
|
(42)
|
(39)
|
(35)
|
(31)
|
|
Gross Profit |
4
N/A
|
6
+51%
|
6
-12%
|
10
+76%
|
14
+43%
|
18
+26%
|
27
+53%
|
33
+20%
|
43
+31%
|
55
+29%
|
64
+15%
|
71
+11%
|
76
+7%
|
77
+1%
|
77
0%
|
74
-3%
|
70
-6%
|
70
0%
|
70
+1%
|
72
+3%
|
75
+4%
|
75
+0%
|
74
-2%
|
75
+2%
|
76
+1%
|
78
+2%
|
79
+2%
|
82
+3%
|
84
+3%
|
86
+2%
|
127
+47%
|
126
-1%
|
132
+5%
|
127
-4%
|
88
-30%
|
79
-11%
|
69
-12%
|
58
-16%
|
48
-18%
|
41
-15%
|
|
Operating Income | |||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(3)
|
(5)
|
(7)
|
(9)
|
(14)
|
(16)
|
(18)
|
(19)
|
(21)
|
(26)
|
(31)
|
(36)
|
(42)
|
(41)
|
(41)
|
(41)
|
(40)
|
(42)
|
(44)
|
(45)
|
(45)
|
(47)
|
(49)
|
(53)
|
(55)
|
(58)
|
(60)
|
(59)
|
(59)
|
(58)
|
(94)
|
(97)
|
(106)
|
(102)
|
(68)
|
(65)
|
(58)
|
(50)
|
(40)
|
(33)
|
|
Selling, General & Administrative |
(2)
|
(5)
|
(6)
|
(8)
|
(11)
|
(13)
|
(14)
|
(14)
|
(14)
|
(16)
|
(17)
|
(18)
|
(18)
|
(18)
|
(18)
|
(17)
|
(18)
|
(20)
|
(21)
|
(22)
|
(24)
|
(27)
|
(29)
|
(32)
|
(35)
|
(37)
|
(39)
|
(38)
|
(37)
|
(36)
|
(72)
|
(74)
|
(83)
|
(79)
|
(44)
|
(41)
|
(38)
|
(34)
|
(28)
|
(26)
|
|
Depreciation & Amortization |
(1)
|
(1)
|
(1)
|
(1)
|
(3)
|
(4)
|
(5)
|
(5)
|
(6)
|
(10)
|
(14)
|
(18)
|
(23)
|
(23)
|
(23)
|
(24)
|
(22)
|
(22)
|
(23)
|
(23)
|
(21)
|
(21)
|
(21)
|
(21)
|
(21)
|
(21)
|
(21)
|
(21)
|
(22)
|
(22)
|
(22)
|
(23)
|
(23)
|
(23)
|
(23)
|
(23)
|
(20)
|
(16)
|
(12)
|
(7)
|
|
Other Operating Expenses |
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
|
|
Operating Income |
2
N/A
|
1
-35%
|
(1)
N/A
|
1
N/A
|
1
-23%
|
1
+135%
|
9
+538%
|
14
+56%
|
23
+60%
|
29
+30%
|
33
+12%
|
35
+7%
|
35
-2%
|
36
+4%
|
36
-1%
|
33
-6%
|
30
-12%
|
27
-7%
|
27
-3%
|
27
+2%
|
29
+8%
|
28
-5%
|
25
-11%
|
23
-8%
|
21
-9%
|
19
-6%
|
19
-1%
|
22
+17%
|
26
+16%
|
28
+8%
|
32
+15%
|
29
-10%
|
26
-10%
|
25
-5%
|
21
-16%
|
14
-31%
|
12
-16%
|
9
-27%
|
8
-9%
|
8
+3%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(3)
|
(3)
|
(4)
|
(7)
|
(8)
|
(5)
|
(5)
|
0
|
1
|
(4)
|
(5)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(10)
|
(9)
|
(8)
|
(8)
|
(11)
|
(14)
|
(15)
|
(16)
|
(14)
|
(15)
|
(15)
|
(15)
|
(13)
|
(6)
|
(4)
|
(3)
|
(2)
|
(1)
|
(0)
|
5
|
(0)
|
(10)
|
(8)
|
(13)
|
|
Non-Reccuring Items |
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
|
(34)
|
(34)
|
(34)
|
(34)
|
0
|
0
|
0
|
0
|
0
|
0
|
(72)
|
(72)
|
(65)
|
(65)
|
6
|
|
Total Other Income |
0
|
(0)
|
(1)
|
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
(2)
N/A
|
(3)
-46%
|
(6)
-138%
|
(7)
-6%
|
(8)
-14%
|
(4)
+42%
|
4
N/A
|
14
+216%
|
23
+67%
|
25
+8%
|
28
+10%
|
27
-4%
|
25
-5%
|
28
+9%
|
27
-3%
|
24
-10%
|
19
-20%
|
19
-3%
|
18
-3%
|
19
+5%
|
19
-4%
|
14
-23%
|
9
-33%
|
6
-32%
|
7
+11%
|
(29)
N/A
|
(28)
+1%
|
(25)
+12%
|
(20)
+20%
|
22
N/A
|
28
+27%
|
26
-6%
|
24
-9%
|
24
+1%
|
21
-14%
|
(53)
N/A
|
(60)
-14%
|
(66)
-10%
|
(65)
+1%
|
1
N/A
|
|
Net Income | |||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(2)
|
(4)
|
(6)
|
(8)
|
(7)
|
0
|
0
|
1
|
5
|
0
|
2
|
4
|
3
|
2
|
3
|
2
|
1
|
(0)
|
(1)
|
(0)
|
(0)
|
1
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Income from Continuing Operations |
(2)
|
(3)
|
(6)
|
(7)
|
(8)
|
(5)
|
2
|
10
|
18
|
18
|
20
|
27
|
26
|
28
|
32
|
24
|
21
|
23
|
21
|
22
|
21
|
16
|
10
|
6
|
7
|
(29)
|
(28)
|
(24)
|
(20)
|
21
|
26
|
24
|
23
|
23
|
20
|
(54)
|
(61)
|
(67)
|
(66)
|
1
|
|
Net Income (Common) |
6
N/A
|
2
-72%
|
(5)
N/A
|
(7)
-34%
|
(8)
-17%
|
(5)
+38%
|
2
N/A
|
10
+342%
|
18
+78%
|
18
+1%
|
20
+15%
|
27
+32%
|
26
-5%
|
28
+11%
|
32
+12%
|
24
-24%
|
21
-12%
|
23
+7%
|
21
-8%
|
22
+3%
|
21
-2%
|
16
-25%
|
10
-36%
|
6
-38%
|
7
+4%
|
(29)
N/A
|
(28)
+1%
|
(24)
+15%
|
(20)
+18%
|
21
N/A
|
27
+27%
|
25
-8%
|
23
-8%
|
23
0%
|
20
-14%
|
(54)
N/A
|
(61)
-14%
|
(67)
-9%
|
(66)
+1%
|
1
N/A
|
|
EPS (Diluted) |
0.3
N/A
|
0.08
-73%
|
-0.23
N/A
|
-0.32
-39%
|
-0.57
-78%
|
-0.25
+56%
|
0.1
N/A
|
0.48
+380%
|
0.85
+77%
|
0.79
-7%
|
0.89
+13%
|
1.21
+36%
|
1.13
-7%
|
1.26
+12%
|
1.34
+6%
|
0.94
-30%
|
0.87
-7%
|
0.88
+1%
|
0.8
-9%
|
0.83
+4%
|
0.81
-2%
|
0.61
-25%
|
0.39
-36%
|
0.24
-38%
|
0.25
+4%
|
-1.07
N/A
|
-1.07
N/A
|
-0.92
+14%
|
-0.73
+21%
|
0.78
N/A
|
0.97
+24%
|
0.89
-8%
|
0.84
-6%
|
0.71
-15%
|
0.59
-17%
|
-1.61
N/A
|
-1.92
-19%
|
-2
-4%
|
-1.95
+3%
|
0.02
N/A
|