SDPI
Income statement / Annual
Last year (2023), Superior Drilling Products, Inc.'s total revenue was $20.97 M,
an increase of 9.82% from the previous year.
In 2023, Superior Drilling Products, Inc.'s net income was $7.44 M.
See Superior Drilling Products, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$20.97 M |
$19.10 M |
$13.34 M |
$10.47 M |
$19.00 M |
$18.25 M |
$15.60 M |
$7.15 M |
$12.71 M |
$20.04 M |
| Cost of Revenue |
$9.55 M
|
$9.83 M
|
$7.72 M
|
$7.92 M
|
$11.61 M
|
$10.84 M
|
$9.64 M
|
$8.76 M
|
$11.44 M
|
$10.26 M
|
| Gross Profit |
$11.42 M
|
$9.26 M
|
$5.61 M
|
$2.55 M
|
$7.39 M
|
$7.41 M
|
$5.96 M
|
-$1.61 M
|
$1.27 M
|
$9.78 M
|
| Gross Profit Ratio |
0.55
|
0.49
|
0.42
|
0.24
|
0.39
|
0.41
|
0.38
|
-0.23
|
0.1
|
0.49
|
| Research and Development Expenses |
$765,000.00
|
$436,000.00
|
$672,000.00
|
$790,000.00
|
$1.43 M
|
$1.27 M
|
$746,000.00
|
$1.20 M
|
$1.50 M
|
$600,000.00
|
| General & Administrative Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$7.11 M
|
$5.73 M
|
$5.78 M
|
$7.01 M
|
$8.10 M
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$8.88 M
|
$7.33 M
|
$6.20 M
|
$6.37 M
|
$8.29 M
|
$7.11 M
|
$5.73 M
|
$5.78 M
|
$7.01 M
|
$8.10 M
|
| Other Expenses |
$350,260.00
|
$1.50 M
|
-$707,112.00
|
$0.00
|
$678,148.00
|
$377,750.00
|
$43,669.00
|
$237,203.00
|
$240,286.00
|
$334,889.00
|
| Operating Expenses |
$9.29 M
|
$7.33 M
|
$5.49 M
|
$6.37 M
|
$8.29 M
|
$7.11 M
|
$5.73 M
|
$5.78 M
|
$7.01 M
|
$8.10 M
|
| Cost And Expenses |
$18.85 M
|
$17.16 M
|
$13.22 M
|
$14.29 M
|
$19.90 M
|
$17.95 M
|
$15.37 M
|
$14.54 M
|
$18.45 M
|
$18.36 M
|
| Interest Income |
$60,950.00
|
$26,675.00
|
$228.00
|
$5,803.00
|
$60,996.00
|
$432,753.00
|
$346,926.00
|
$313,547.00
|
$293,932.00
|
$173,315.00
|
| Interest Expense |
$689,449.00
|
$572,624.00
|
$539,390.00
|
$575,306.00
|
$764,754.00
|
$773,680.00
|
$905,990.00
|
$1.61 M
|
$1.82 M
|
$2.28 M
|
| Depreciation & Amortization |
$1.57 M
|
$1.64 M
|
$2.10 M
|
$2.82 M
|
$3.43 M
|
$3.76 M
|
$3.68 M
|
$4.29 M
|
$4.82 M
|
$3.24 M
|
| EBITDA |
$3.70 M |
$3.60 M |
$2.22 M |
-$1.00 M |
$3.27 M |
$4.49 M |
$4.29 M |
-$2.55 M |
-$391,393.00 |
$5.43 M |
| EBITDA Ratio |
0.18
|
0.19
|
0.17
|
-0.1
|
0.17
|
0.25
|
0.28
|
-0.36
|
-0.03
|
0.27
|
| Operating Income Ratio |
0.1
|
0.1
|
0.01
|
-0.37
|
-0.01
|
0.02
|
0.01
|
-1.15
|
-1.07
|
0.08
|
| Total Other Income/Expenses Net |
-$391,901.00
|
-$676,324.00
|
-$539,411.00
|
$507,734.00
|
-$16,106.00
|
-$354,940.00
|
-$503,523.00
|
-$866,621.00
|
-$9.38 M
|
-$1.82 M
|
| Income Before Tax |
$1.39 M
|
$1.26 M
|
-$419,050.00
|
-$3.31 M
|
-$917,873.00
|
-$54,735.00
|
-$278,705.00
|
-$9.11 M
|
-$14.93 M
|
-$147,118.00
|
| Income Before Tax Ratio |
0.07
|
0.07
|
-0.03
|
-0.32
|
-0.05
|
-0
|
-0.02
|
-1.27
|
-1.17
|
-0.01
|
| Income Tax Expense |
-$6.05 M
|
$194,969.00
|
$110,751.00
|
$114,996.00
|
$18,550.00
|
$3,640.00
|
$949,659.00
|
-$2,000.00
|
-$472,279.00
|
$474,279.00
|
| Net Income |
$7.44 M
|
$1.07 M
|
-$529,801.00
|
-$3.43 M
|
-$936,423.00
|
-$58,375.00
|
-$278,705.00
|
-$9.11 M
|
-$14.46 M
|
-$621,397.00
|
| Net Income Ratio |
0.35
|
0.06
|
-0.04
|
-0.33
|
-0.05
|
-0
|
-0.02
|
-1.27
|
-1.14
|
-0.03
|
| EPS |
0.25 |
0.0372 |
-0.0201 |
-0.13 |
-0.0373 |
-0.0024 |
-0.0115 |
-0.48 |
-0.83 |
-0.0449 |
| EPS Diluted |
0.25 |
0.0372 |
-0.0201 |
-0.13 |
-0.0373 |
-0.0024 |
-0.0115 |
-0.48 |
-0.83 |
-0.0449 |
| Weighted Average Shares Out |
$29.70 M
|
$28.64 M
|
$26.39 M
|
$25.52 M
|
$25.09 M
|
$24.61 M
|
$24.27 M
|
$19.02 M
|
$17.35 M
|
$13.83 M
|
| Weighted Average Shares Out Diluted |
$29.77 M
|
$28.68 M
|
$26.39 M
|
$25.52 M
|
$25.09 M
|
$24.61 M
|
$24.27 M
|
$19.16 M
|
$17.35 M
|
$13.83 M
|
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