TH FY 2016 Earnings Report — Target Hospitality Corp. Revenue & Financial Results | Market Cap Arena

Target Hospitality Corp.TH

FY 2016 Earnings

Reported December 30, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$149M	—	—	—	—
Op. Income	$40M	—	—	—	—
Gross Margin	65.2%	—	—	—	—
Net Margin	18.0%	—	—	—	—
EPS (Diluted)	$0.66	—	—	—	—
Free Cash Flow	$40M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$149M
Cost of Revenue	$52M
GROSS PROFIT	$97M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$16M
Other Expenses	$0
Operating Expenses	$57M
Cost & Expenses	$109M
OPERATING INCOME	$40M
Interest Income	$4M
Interest Expense	$0
Other Income/Expenses	$4M
INCOME BEFORE TAX	$44M
Income Tax Expense	$17M
Net Income from Continuing Ops	$27M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$27M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$27M
D&A	$41M
EBIT	$40M
EBITDA	$82M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$149M
Cost of Revenue	$52M
GROSS PROFIT	$97M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$16M
Other Expenses	$0
Operating Expenses	$57M
Cost & Expenses	$109M
OPERATING INCOME	$40M
Interest Income	$4M
Interest Expense	$0
Other Income/Expenses	$4M
INCOME BEFORE TAX	$44M
Income Tax Expense	$17M
Net Income from Continuing Ops	$27M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$27M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$27M
D&A	$41M
EBIT	$40M
EBITDA	$82M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$27M
Depreciation & Amortization	$41M
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	-$21M
Change in Working Capital	-$3M
OPERATING CASH FLOW	$45M
Capital Expenditure	-$5M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	-$5M
Net Debt Issuance	-$51M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$11M
NET CASH FROM FINANCING	-$40M
FREE CASH FLOW	$40M
Net Change in Cash	-$351.0K

Balance Sheet

Item	Amount
Cash & Equivalents	$4M
Short-Term Investments	$0
Net Receivables	$10M
Inventory	$0
Other Current Assets	$117M
TOTAL CURRENT ASSETS	$132M
PP&E (Net)	$194M
Goodwill	$0
Intangible Assets	$29M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$69M
TOTAL NON-CURRENT ASSETS	$292M
TOTAL ASSETS	$424M
Account Payables	$3M
Short-Term Debt	$12M
Deferred Revenue	$0
Other Current Liabilities	$22M
TOTAL CURRENT LIABILITIES	$40M
Long-Term Debt	$18M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$56M
TOTAL NON-CURRENT LIABILITIES	$73M
TOTAL LIABILITIES	$114M
Common Stock	$275M
Additional Paid-In Capital	$0
Retained Earnings	$38M
Treasury Stock	$0
Accum. Other Comp. Income	-$2M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$311M
Minority Interest	$0
TOTAL EQUITY	$311M
TOTAL LIABILITIES & EQUITY	$424M
Total Debt	$30M
Net Debt	$26M