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HOUSTON AMERICAN ENERGY CORP (HUSA)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    North America  1.61.30.61.02.2   
    Other      0.1   
Total revenues   [+]1.61.30.61.02.40.60.20.4
            Revenue growth   [+]23.2%140.8%-44.7%-57.7%273.8%280.0%-61.4%18.2%
Cost of goods sold  0.00.00.00.00.00.00.10.1
Gross profit  1.61.30.61.02.40.60.10.3
            Gross margin  100.0%100.0%100.0%100.0%100.0%100.0%41.4%65.5%
Selling, general and administrative   [+]1.61.51.41.41.42.11.71.5
Other operating expenses  0.60.60.40.80.90.20.11.7
EBITDA   [+]-0.6-0.8-1.3-1.10.0-1.7-1.8-3.0
            EBITDA margin  -34.9%-59.3%-235.2%-115.2%0.8%-272.0%-1062.0%-693.5%
Depreciation and amortization  0.20.20.40.40.40.20.30.8
EBIT   [+]-0.8-1.0-1.7-1.6-0.3-1.9-2.1-3.7
            EBIT margin  -47.5%-77.7%-301.2%-159.1%-14.3%-297.6%-1244.5%-869.7%
Non-recurring items   [+]  2.50.7  0.6 
Interest expense, net   [+]0.00.00.00.20.00.20.00.0
Other income (expense), net   [+]  0.2 0.10.0 -0.1
Pre-tax income  -0.7-1.0-4.0-2.5-0.3-2.0-2.6-3.8
Income taxes  0.00.00.00.00.00.00.00.0
            Tax rate  0.0%0.0%0.0%0.0%0.0%0.0%0.0% 
Net income  -0.7-1.1-4.3-2.7-0.5-2.2-2.6-3.8
            Net margin  -45.4%-79.6%-772.9%-275.2%-20.8%-345.5%-1592.2%-891.9%
   
Basic EPS   [+]($0.07)($0.11)($0.62)($0.52)($0.01)($0.04)($0.05)($0.07)
Diluted EPS   [+]($0.07)($0.11)($0.62)($0.52)($0.01)($0.04)($0.05)($0.07)
   
Dividends per share   [+] $0.00$0.03$0.04$0.00$0.00  
   
Shares outstanding (basic)   [+]10.09.76.95.360.653.951.552.2
Shares outstanding (diluted)   [+]10.09.76.95.360.653.951.552.2
   
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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