NGS FY 2009 Earnings Report — Natural Gas Services Group, Inc. Revenue & Financial Results | Market Cap Arena

Natural Gas Services Group, Inc.NGS

FY 2009 Earnings

Reported March 4, 2010

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2009	Prior Q	FY 2008	QoQ Change	YoY Change
Revenue	$68M	—	$85M	—	-20.6%
Op. Income	$18M	—	$25M	—	-27.7%
Gross Margin	52.6%	—	47.3%	—	5.3pp
Net Margin	16.2%	—	18.3%	—	-2.0pp
EPS (Diluted)	$0.91	—	$1.28	—	-28.9%
Free Cash Flow	$23M	—	-$18M	—	225.6%

Revenue Flow

Item	Amount
REVENUE	$68M
Cost of Revenue	$32M
GROSS PROFIT	$36M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$6M
Other Expenses	$12M
Operating Expenses	$18M
Cost & Expenses	$50M
OPERATING INCOME	$18M
Interest Income	$0
Interest Expense	$606.0K
Other Income/Expenses	-$536.0K
INCOME BEFORE TAX	$17M
Income Tax Expense	$6M
Net Income from Continuing Ops	$11M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$11M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$11M
D&A	$12M
EBIT	$18M
EBITDA	$30M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$68M
Cost of Revenue	$32M
GROSS PROFIT	$36M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$6M
Other Expenses	$12M
Operating Expenses	$18M
Cost & Expenses	$50M
OPERATING INCOME	$18M
Interest Income	$0
Interest Expense	$606.0K
Other Income/Expenses	-$536.0K
INCOME BEFORE TAX	$17M
Income Tax Expense	$6M
Net Income from Continuing Ops	$11M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$11M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$11M
D&A	$12M
EBIT	$18M
EBITDA	$30M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$11M
Depreciation & Amortization	$12M
Stock-Based Compensation	$584.0K
Deferred Income Tax	$4M
Other Non-Cash Items	-$51.0K
Change in Working Capital	$4M
OPERATING CASH FLOW	$32M
Capital Expenditure	-$10M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$2M
Other Investing Activities	$143.0K
NET CASH FROM INVESTING	-$7M
Net Debt Issuance	-$3M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$49.0K
NET CASH FROM FINANCING	-$3M
FREE CASH FLOW	$23M
Net Change in Cash	$22M

Balance Sheet

Item	Amount
Cash & Equivalents	$23M
Short-Term Investments	$0
Net Receivables	$7M
Inventory	$24M
Other Current Assets	$2M
TOTAL CURRENT ASSETS	$56M
PP&E (Net)	$118M
Goodwill	$10M
Intangible Assets	$3M
Long-Term Investments	-$25M
Tax Assets	$25M
Other Non-Current Assets	$19.0K
TOTAL NON-CURRENT ASSETS	$131M
TOTAL ASSETS	$187M
Account Payables	$2M
Short-Term Debt	$10M
Deferred Revenue	$90.0K
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$16M
Long-Term Debt	$3M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$25M
Other Non-Current Liabilities	$558.0K
TOTAL NON-CURRENT LIABILITIES	$29M
TOTAL LIABILITIES	$45M
Common Stock	$121.0K
Additional Paid-In Capital	$85M
Retained Earnings	$57M
Treasury Stock	$0
Accum. Other Comp. Income	-$7M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$142M
Minority Interest	$0
TOTAL EQUITY	$142M
TOTAL LIABILITIES & EQUITY	$187M
Total Debt	$13M
Net Debt	-$10M