South Dakota Soybean Processors, LLC
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $503.8M | $554.4M | $703.1M | $721.5M | $590.2M | $415.0M | $371.3M | $391.8M |
| Cost of Revenue | $479.1M | $525.0M | $624.7M | $648.1M | $556.7M | $395.8M | $356.5M | $362.6M |
| Gross Profit | $24.7M | $29.4M | $78.4M | $73.4M | $33.5M | $19.3M | $14.8M | $29.2M |
| Gross Margin | 4.9% | 5.3% | 11.2% | 10.2% | 5.7% | 4.6% | 4.0% | 7.4% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $7.2M | $6.1M | $6.5M | $5.7M | $4.6M | $3.8M | $3.6M | $3.8M |
| Operating Income | $17.5M | $23.3M | $71.9M | $67.7M | $28.9M | $15.4M | $11.2M | $25.3M |
| Operating Margin | 3.5% | 4.2% | 10.2% | 9.4% | 4.9% | 3.7% | 3.0% | 6.5% |
| Interest Expense | — | $6.4M | $2.8M | $2.2M | $1.6M | $1.1M | $919.2K | $897.9K |
| Pretax Income | — | — | — | — | $28.0M | $15.6M | $11.0M | $25.9M |
| Income Tax Expense | — | — | — | — | $0 | $0 | $600 | $2.0K |
| Net Income | $17.7M | $20.3M | $70.4M | $67.5M | $28.0M | $15.6M | $11.0M | $25.9M |
| Net Margin | 3.5% | 3.7% | 10.0% | 9.4% | 4.7% | 3.8% | 3.0% | 6.6% |
| EPS (Basic) | $0.58 | $0.67 | $2.32 | $2.22 | $0.92 | $0.51 | $0.36 | $0.85 |
| EPS (Diluted) | $0.58 | $0.67 | $2.32 | $2.22 | $0.92 | $0.51 | $0.36 | $0.85 |
| Shares Outstanding (Basic) | 30.4M | 30.4M | 30.4M | 30.4M | 30.4M | 30.4M | 30.4M | 30.4M |
| Shares Outstanding (Diluted) | 30.4M | 30.4M | 30.4M | 30.4M | 30.4M | 30.4M | 30.4M | 30.4M |
| Dividends Per Share | — | — | — | — | — | — | — | — |