OPAL FUELS INC
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $349.0M | $300.0M | $256.1M | $235.5M | $166.1M |
| Cost of Revenue | — | — | — | — | — |
| Gross Profit | — | — | — | — | — |
| Gross Margin | — | — | — | — | — |
| Operating Expenses | |||||
| Research & Development | $14.9M | $19.1M | $4.9M | $6.4M | — |
| SG&A Expense | $64.0M | $53.1M | $51.3M | $51.4M | $29.4M |
| Operating Income | $7.4M | $21.2M | $7.0M | $7.6M | $11.0M |
| Operating Margin | 2.1% | 7.1% | 2.7% | 3.2% | 6.6% |
| Interest Expense | — | — | — | — | — |
| Pretax Income | $-16.3M | $5.4M | $127.0M | $32.6M | $40.8M |
| Income Tax Expense | $-52.7M | $-8.9M | $0 | $0 | $0 |
| Net Income | $36.4M | $14.3M | $127.0M | $32.6M | $-16.2M |
| Net Margin | 10.4% | 4.8% | 49.6% | 13.8% | -9.7% |
| EPS (Basic) | $0.15 | $0.02 | $0.70 | $0.13 | $0.00 |
| EPS (Diluted) | $0.15 | $0.02 | $0.69 | $0.12 | $0.00 |
| Shares Outstanding (Basic) | 28.1M | 27.6M | 27.1M | 25.8M | 0 |
| Shares Outstanding (Diluted) | 29.3M | 27.7M | 27.5M | 26.1M | 0 |
| Dividends Per Share | — | — | — | — | — |