NGS FY 2011 Earnings Report — Natural Gas Services Group, Inc. Revenue & Financial Results | Market Cap Arena

Natural Gas Services Group, Inc.NGS

FY 2011 Earnings

Reported March 14, 2012

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2011	Prior Q	FY 2010	QoQ Change	YoY Change
Revenue	$65M	—	$54M	—	20.9%
Op. Income	$15M	—	$11M	—	30.8%
Gross Margin	53.4%	—	54.1%	—	-0.7pp
Net Margin	15.0%	—	13.0%	—	1.9pp
EPS (Diluted)	$0.80	—	$0.58	—	37.9%
Free Cash Flow	-$3M	—	$7M	—	-142.1%

Revenue Flow

Item	Amount
REVENUE	$65M
Cost of Revenue	$30M
GROSS PROFIT	$35M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$6M
Other Expenses	$14M
Operating Expenses	$20M
Cost & Expenses	$50M
OPERATING INCOME	$15M
Interest Income	$0
Interest Expense	$55.0K
Other Income/Expenses	$769.0K
INCOME BEFORE TAX	$16M
Income Tax Expense	$6M
Net Income from Continuing Ops	$10M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$10M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$10M
D&A	$14M
EBIT	$16M
EBITDA	$30M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$65M
Cost of Revenue	$30M
GROSS PROFIT	$35M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$6M
Other Expenses	$14M
Operating Expenses	$20M
Cost & Expenses	$50M
OPERATING INCOME	$15M
Interest Income	$0
Interest Expense	$55.0K
Other Income/Expenses	$769.0K
INCOME BEFORE TAX	$16M
Income Tax Expense	$6M
Net Income from Continuing Ops	$10M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$10M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$10M
D&A	$14M
EBIT	$16M
EBITDA	$30M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$10M
Depreciation & Amortization	$14M
Stock-Based Compensation	$1M
Deferred Income Tax	$6M
Other Non-Cash Items	$437.0K
Change in Working Capital	$2M
OPERATING CASH FLOW	$34M
Capital Expenditure	-$37M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$1M
NET CASH FROM INVESTING	-$36M
Net Debt Issuance	-$983.0K
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$119.0K
NET CASH FROM FINANCING	-$864.0K
FREE CASH FLOW	-$3M
Net Change in Cash	-$3M

Balance Sheet

Item	Amount
Cash & Equivalents	$16M
Short-Term Investments	$0
Net Receivables	$6M
Inventory	$27M
Other Current Assets	$360.0K
TOTAL CURRENT ASSETS	$50M
PP&E (Net)	$150M
Goodwill	$10M
Intangible Assets	$2M
Long-Term Investments	-$37M
Tax Assets	$37M
Other Non-Current Assets	$28.0K
TOTAL NON-CURRENT ASSETS	$163M
TOTAL ASSETS	$212M
Account Payables	$4M
Short-Term Debt	$0
Deferred Revenue	$5M
Other Current Liabilities	$75.0K
TOTAL CURRENT LIABILITIES	$12M
Long-Term Debt	$1M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$37M
Other Non-Current Liabilities	$524.0K
TOTAL NON-CURRENT LIABILITIES	$38M
TOTAL LIABILITIES	$51M
Common Stock	$122.0K
Additional Paid-In Capital	$87M
Retained Earnings	$74M
Treasury Stock	$0
Accum. Other Comp. Income	-$8M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$162M
Minority Interest	$0
TOTAL EQUITY	$162M
TOTAL LIABILITIES & EQUITY	$212M
Total Debt	$1M
Net Debt	-$15M