GPGI, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $59.8M | $420.6M | $390.6M | $378.5M | $267.9M | $260.6M | $243.3M |
| Cost of Revenue | $31.1M | $201.3M | $181.5M | $158.8M | $123.1M | $128.0M | $115.4M |
| Gross Profit | $28.7M | $219.2M | $209.1M | $219.6M | $144.8M | $132.6M | $127.9M |
| Gross Margin | 48.1% | 52.1% | 53.5% | 58.0% | 54.1% | 50.9% | 52.6% |
| Operating Expenses | |||||||
| Research & Development | $1.3M | $7.4M | $6.8M | $6.7M | $2.7M | — | — |
| SG&A Expense | $42.5M | $111.6M | $90.0M | $104.7M | $63.4M | $48.7M | $40.6M |
| Operating Income | $-13.7M | $107.6M | $119.1M | $114.9M | $81.4M | $84.0M | $86.9M |
| Operating Margin | -23.0% | 25.6% | 30.5% | 30.4% | 30.4% | 32.2% | 35.7% |
| Interest Expense | $1.8M | $16.5M | $19.5M | $14.2M | $11.9M | $6.1M | $5.5M |
| Pretax Income | $-225.8M | $-81.0M | $117.1M | $136.2M | $82.6M | $77.8M | $81.5M |
| Income Tax Expense | $39.0M | $2.2M | $4.6M | $4.4M | $-857.0K | $0 | $0 |
| Net Income | $-136.0M | $-53.7M | $19.2M | $18.7M | $3.2M | $77.8M | $81.5M |
| Net Margin | -227.3% | -12.8% | 4.9% | 4.9% | 1.2% | 29.9% | 33.5% |
| EPS (Basic) | $-1.23 | $-0.41 | $0.34 | $0.40 | $0.07 | — | — |
| EPS (Diluted) | $-1.23 | $-0.41 | $0.32 | $0.38 | $0.04 | — | — |
| Shares Outstanding (Basic) | 110.5M | 132.0M | 56.0M | 46.1M | 44.8M | — | — |
| Shares Outstanding (Diluted) | 110.5M | 132.0M | 105.9M | 97.7M | 283.7M | — | — |
| Dividends Per Share | — | — | — | — | — | — | — |