PHX Energy Services Corp
TSX:PHX
Income Statement
Earnings Waterfall
PHX Energy Services Corp
Revenue
|
656.3m
CAD
|
Cost of Revenue
|
-506.2m
CAD
|
Gross Profit
|
150.1m
CAD
|
Operating Expenses
|
-74.2m
CAD
|
Operating Income
|
75.9m
CAD
|
Other Expenses
|
22.7m
CAD
|
Net Income
|
98.6m
CAD
|
Income Statement
PHX Energy Services Corp
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 |
381
N/A
|
417
+10%
|
452
+8%
|
484
+7%
|
522
+8%
|
496
-5%
|
454
-8%
|
384
-16%
|
287
-25%
|
223
-22%
|
191
-14%
|
158
-17%
|
148
-6%
|
169
+14%
|
197
+16%
|
227
+15%
|
241
+6%
|
251
+4%
|
266
+6%
|
286
+7%
|
317
+11%
|
338
+7%
|
352
+4%
|
361
+2%
|
350
-3%
|
357
+2%
|
320
-10%
|
267
-17%
|
234
-12%
|
199
-15%
|
228
+15%
|
282
+23%
|
340
+21%
|
381
+12%
|
431
+13%
|
480
+11%
|
536
+12%
|
592
+11%
|
622
+5%
|
649
+4%
|
656
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(308)
|
(337)
|
(362)
|
(388)
|
(415)
|
(411)
|
(383)
|
(342)
|
(276)
|
(225)
|
(202)
|
(176)
|
(173)
|
(187)
|
(208)
|
(227)
|
(236)
|
(241)
|
(246)
|
(256)
|
(276)
|
(289)
|
(299)
|
(307)
|
(297)
|
(298)
|
(271)
|
(229)
|
(202)
|
(173)
|
(189)
|
(227)
|
(277)
|
(314)
|
(354)
|
(391)
|
(426)
|
(466)
|
(485)
|
(499)
|
(506)
|
|
Gross Profit |
73
N/A
|
80
+9%
|
91
+14%
|
96
+6%
|
107
+11%
|
85
-20%
|
71
-17%
|
42
-41%
|
11
-73%
|
(2)
N/A
|
(11)
-647%
|
(19)
-65%
|
(24)
-30%
|
(18)
+24%
|
(11)
+38%
|
(0)
+97%
|
5
N/A
|
10
+83%
|
19
+99%
|
30
+53%
|
41
+39%
|
49
+21%
|
54
+8%
|
54
+1%
|
53
-2%
|
59
+11%
|
50
-15%
|
38
-24%
|
32
-16%
|
26
-18%
|
40
+50%
|
54
+37%
|
63
+16%
|
67
+7%
|
78
+16%
|
89
+15%
|
110
+23%
|
126
+15%
|
136
+8%
|
150
+10%
|
150
+0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(31)
|
(36)
|
(42)
|
(46)
|
(60)
|
(58)
|
(51)
|
(45)
|
(40)
|
(34)
|
(32)
|
(32)
|
(34)
|
(35)
|
(36)
|
(36)
|
(35)
|
(37)
|
(38)
|
(44)
|
(45)
|
(49)
|
(52)
|
(50)
|
(48)
|
(41)
|
(36)
|
(31)
|
(29)
|
(30)
|
(34)
|
(41)
|
(50)
|
(62)
|
(63)
|
(66)
|
(72)
|
(66)
|
(72)
|
(75)
|
(74)
|
|
Selling, General & Administrative |
(44)
|
(48)
|
(55)
|
(58)
|
(58)
|
(56)
|
(49)
|
(44)
|
(38)
|
(32)
|
(30)
|
(30)
|
(32)
|
(33)
|
(34)
|
(33)
|
(33)
|
(34)
|
(36)
|
(41)
|
(42)
|
(46)
|
(49)
|
(46)
|
(44)
|
(37)
|
(33)
|
(28)
|
(27)
|
(29)
|
(33)
|
(39)
|
(47)
|
(59)
|
(60)
|
(63)
|
(69)
|
(62)
|
(67)
|
(70)
|
(69)
|
|
Research & Development |
(2)
|
(2)
|
(3)
|
(3)
|
(2)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(2)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
|
Other Operating Expenses |
15
|
15
|
15
|
15
|
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
|
0
|
|
Operating Income |
42
N/A
|
44
+4%
|
48
+10%
|
50
+4%
|
47
-6%
|
28
-41%
|
20
-26%
|
(3)
N/A
|
(29)
-770%
|
(35)
-21%
|
(43)
-24%
|
(50)
-16%
|
(58)
-16%
|
(53)
+9%
|
(48)
+10%
|
(36)
+25%
|
(30)
+15%
|
(27)
+10%
|
(19)
+30%
|
(15)
+23%
|
(4)
+72%
|
(0)
+98%
|
1
N/A
|
4
+179%
|
5
+33%
|
17
+235%
|
14
-22%
|
7
-47%
|
3
-55%
|
(4)
N/A
|
5
N/A
|
13
+149%
|
13
-2%
|
5
-64%
|
15
+219%
|
23
+56%
|
38
+61%
|
60
+60%
|
64
+7%
|
74
+16%
|
76
+2%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(7)
|
(7)
|
(6)
|
(4)
|
(4)
|
(3)
|
(4)
|
(4)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(3)
|
(2)
|
(3)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(3)
|
(4)
|
(4)
|
(3)
|
(3)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
|
Non-Reccuring Items |
8
|
8
|
9
|
7
|
(10)
|
(12)
|
(14)
|
(38)
|
(25)
|
(24)
|
(24)
|
(1)
|
0
|
(1)
|
(1)
|
3
|
6
|
7
|
10
|
9
|
4
|
5
|
3
|
1
|
3
|
(10)
|
(12)
|
(11)
|
(9)
|
7
|
10
|
8
|
16
|
16
|
15
|
19
|
19
|
26
|
28
|
33
|
31
|
|
Pre-Tax Income |
44
N/A
|
45
+3%
|
51
+14%
|
54
+4%
|
32
-40%
|
12
-62%
|
3
-79%
|
(45)
N/A
|
(56)
-24%
|
(61)
-8%
|
(68)
-13%
|
(52)
+24%
|
(60)
-15%
|
(56)
+6%
|
(50)
+11%
|
(35)
+30%
|
(26)
+25%
|
(22)
+16%
|
(11)
+52%
|
(7)
+35%
|
(2)
+78%
|
2
N/A
|
1
-58%
|
1
-25%
|
5
+650%
|
5
+2%
|
(0)
N/A
|
(5)
-5 100%
|
(8)
-62%
|
0
N/A
|
13
+6 167%
|
19
+54%
|
27
+39%
|
18
-34%
|
27
+54%
|
39
+43%
|
53
+36%
|
82
+53%
|
89
+9%
|
103
+16%
|
104
+1%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(7)
|
(8)
|
(10)
|
(10)
|
(10)
|
(5)
|
(3)
|
8
|
14
|
17
|
19
|
17
|
13
|
10
|
7
|
2
|
3
|
2
|
0
|
1
|
(18)
|
(18)
|
(18)
|
(19)
|
(4)
|
(5)
|
(3)
|
(2)
|
2
|
2
|
(1)
|
(3)
|
(4)
|
(2)
|
(3)
|
(6)
|
(9)
|
(13)
|
(15)
|
(17)
|
(5)
|
|
Income from Continuing Operations |
37
|
37
|
41
|
43
|
22
|
7
|
0
|
(38)
|
(43)
|
(44)
|
(49)
|
(35)
|
(47)
|
(46)
|
(43)
|
(33)
|
(24)
|
(21)
|
(10)
|
(6)
|
(19)
|
(16)
|
(18)
|
(19)
|
1
|
(0)
|
(3)
|
(7)
|
(7)
|
2
|
11
|
17
|
23
|
16
|
24
|
33
|
44
|
69
|
74
|
86
|
99
|
|
Net Income (Common) |
37
N/A
|
37
+1%
|
41
+10%
|
43
+6%
|
22
-49%
|
7
-67%
|
0
N/A
|
(38)
N/A
|
(43)
-13%
|
(44)
-4%
|
(49)
-12%
|
(35)
+28%
|
(47)
-32%
|
(46)
+0%
|
(43)
+6%
|
(33)
+23%
|
(24)
+30%
|
(21)
+12%
|
(10)
+50%
|
(6)
+44%
|
(19)
-226%
|
(16)
+16%
|
(18)
-12%
|
(19)
-6%
|
(2)
+88%
|
(4)
-100%
|
(7)
-66%
|
(11)
-56%
|
(8)
+32%
|
1
N/A
|
10
+1 856%
|
16
+65%
|
23
+41%
|
14
-40%
|
9
-31%
|
18
+92%
|
30
+65%
|
56
+90%
|
74
+32%
|
86
+15%
|
99
+15%
|
|
EPS (Diluted) |
1.14
N/A
|
1.05
-8%
|
1.14
+9%
|
1.22
+7%
|
0.63
-48%
|
0.2
-68%
|
0
N/A
|
-0.92
N/A
|
-1.1
-20%
|
-1.07
+3%
|
-1.18
-10%
|
-0.69
+42%
|
-1.01
-46%
|
-0.84
+17%
|
-0.74
+12%
|
-0.39
+47%
|
-0.41
-5%
|
-0.35
+15%
|
-0.17
+51%
|
-0.1
+41%
|
-0.33
-230%
|
-0.29
+12%
|
-0.35
-21%
|
-0.36
-3%
|
-0.03
+92%
|
-0.07
-133%
|
-0.13
-86%
|
-0.21
-62%
|
-0.13
+38%
|
0.01
N/A
|
0.19
+1 800%
|
0.3
+58%
|
0.45
+50%
|
0.26
-42%
|
0.18
-31%
|
0.36
+100%
|
0.58
+61%
|
1.05
+81%
|
1.44
+37%
|
1.72
+19%
|
1.87
+9%
|