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DLH Holdings Corp. (DLHC)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsSep-30-22Sep-30-21Sep-30-20Sep-30-19Sep-30-18Sep-05-18Sep-30-17Sep-30-16
   10-K10-K10-K10-K10-K8-K10-K10-K
Total revenues   [+]395.2246.1209.2160.4133.2133.2115.785.6
            Revenue growth  60.6%17.6%30.4%20.4%15.2% 35.1%31.0%
Cost of goods sold  322.9194.6163.6124.6105.4124.589.867.8
Gross profit  72.351.545.635.827.98.825.917.8
            Gross margin  18.3%20.9%21.8%22.3%20.9%6.6%22.3%20.8%
Selling, general and administrative   [+]30.725.124.220.516.816.817.512.5
Other operating expenses       -19.1  
EBITDA   [+]41.626.421.415.311.011.08.45.3
            EBITDA margin  10.5%10.7%10.2%9.5%8.3%8.3%7.2%6.2%
Depreciation  1.18.12.21.30.42.20.31.2
EBITA  40.518.319.214.110.68.88.04.1
            EBITA margin  10.2%7.4%9.2%8.8%7.9%6.6%6.9%4.7%
Amortization of intangibles  6.6 4.82.71.8 1.4 
EBIT   [+]33.918.314.411.48.88.86.64.1
            EBIT margin  8.6%7.4%6.9%7.1%6.6%6.6%5.7%4.7%
Non-recurring items  0.61.10.91.4    
Interest expense       1.1  
Other income (expense), net   [+]-0.7-0.8-0.6-1.0-0.3 -0.3-1.2
Pre-tax income  31.113.410.07.57.77.75.42.4
Income taxes  7.83.32.92.25.85.82.1-0.9
            Tax rate  25.0%24.5%29.0%29.0%76.1%76.1%39.1% 
Net income  23.310.17.15.31.81.83.33.4
            Net margin  5.9%4.1%3.4%3.3%1.4%1.4%2.8%4.0%
   
Basic EPS   [+]$1.82$0.81$0.58$0.44$0.15$0.15$0.29$0.34
Diluted EPS   [+]$1.64$0.75$0.54$0.41$0.14$0.14$0.27$0.30
   
Shares outstanding (basic)   [+]12.812.512.312.011.911.911.310.0
Shares outstanding (diluted)   [+]14.213.613.113.012.912.912.411.2
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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