REX FY 2023 Earnings Report — REX American Resources Corporation Revenue & Financial Results | Market Cap Arena

REX American Resources CorporationREX

FY 2023 Earnings

Reported March 29, 2024

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2023	Prior Q	FY 2022	QoQ Change	YoY Change
Revenue	$833M	—	—	—	—
Op. Income	$69M	—	—	—	—
Gross Margin	11.8%	—	—	—	—
Net Margin	7.3%	—	—	—	—
EPS (Diluted)	$1.74	—	—	—	—
Free Cash Flow	$90M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$833M
Cost of Revenue	$735M
GROSS PROFIT	$98M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$29M
Other Expenses	$0
Operating Expenses	$29M
Cost & Expenses	$765M
OPERATING INCOME	$69M
Interest Income	$16M
Interest Expense	$0
Other Income/Expenses	$30M
INCOME BEFORE TAX	$98M
Income Tax Expense	$23M
Net Income from Continuing Ops	$76M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$61M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$61M
D&A	$23M
EBIT	$69M
EBITDA	$92M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$833M
Cost of Revenue	$735M
GROSS PROFIT	$98M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$29M
Other Expenses	$0
Operating Expenses	$29M
Cost & Expenses	$765M
OPERATING INCOME	$69M
Interest Income	$16M
Interest Expense	$0
Other Income/Expenses	$30M
INCOME BEFORE TAX	$98M
Income Tax Expense	$23M
Net Income from Continuing Ops	$76M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$61M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$61M
D&A	$23M
EBIT	$69M
EBITDA	$92M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$61M
Depreciation & Amortization	$23M
Stock-Based Compensation	$6M
Deferred Income Tax	$15M
Other Non-Cash Items	$3M
Change in Working Capital	$20M
OPERATING CASH FLOW	$128M
Capital Expenditure	-$38M
Acquisitions (Net)	$0
Purchases of Investments	-$449M
Sales/Maturities of Investments	$515M
Other Investing Activities	-$14.0K
NET CASH FROM INVESTING	$28M
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	-$4M
NET CASH FROM FINANCING	-$4M
FREE CASH FLOW	$90M
Net Change in Cash	$152M

Balance Sheet

Item	Amount
Cash & Equivalents	$223M
Short-Term Investments	$155M
Net Receivables	$29M
Inventory	$27M
Other Current Assets	$18M
TOTAL CURRENT ASSETS	$452M
PP&E (Net)	$169M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$35M
Tax Assets	$8M
Other Non-Current Assets	$1M
TOTAL NON-CURRENT ASSETS	$213M
TOTAL ASSETS	$665M
Account Payables	$42M
Short-Term Debt	$4M
Deferred Revenue	$0
Other Current Liabilities	$10M
TOTAL CURRENT LIABILITIES	$66M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$2M
Other Non-Current Liabilities	$970.0K
TOTAL NON-CURRENT LIABILITIES	$11M
TOTAL LIABILITIES	$77M
Common Stock	$299.0K
Additional Paid-In Capital	$4M
Retained Earnings	$702M
Treasury Stock	-$192M
Accum. Other Comp. Income	$0
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$514M
Minority Interest	$74M
TOTAL EQUITY	$588M
TOTAL LIABILITIES & EQUITY	$665M
Total Debt	$13M
Net Debt	-$211M