IPI Q2 2024 Earnings — Intrepid Potash, Inc. Revenue & Financial Results | Market Cap Arena

IPIIntrepid Potash, Inc.

$543M

Q2 2024 Earnings

Basic Materials Agricultural Inputs

Income Statement

Revenue

$62M-23.4% YoY

Gross Profit

$8M12.3% margin

Operating Income

-$2M-2.6% margin

Net Income

-$833,000-1.3% margin

EPS (Diluted)

$-0.06

QoQ Revenue Growth

-21.7%

Cash Flow

Operating Cash Flow

$28M

Free Cash Flow

$16M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$797M

Total Liabilities

$115M

Stockholders' Equity

$682M

Cash & Equivalents

$52M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$62M	$81M	-23.4%
Gross Profit	$8M	$15M	-50.4%
Operating Income	-$2M	$7M	-122.4%
Net Income	-$833,000	$4M	-119.3%

Revenue Segments

Mineral

$62M64%

Potash

$24M25%

Salt

$3M4%

Brines

$3M3%

Water Product

$3M3%

Product and Service, Other

$2M2%

Magnesium Chloride

$932,0001%