Summit Midstream Corporation
Income Statement
| Line Item | Jun 2024 | Mar 2024 | Sep 2023 |
|---|---|---|---|
| Revenue | $101.3M | $118.9M | $121.2M |
| Cost of Revenue | $29.6M | $30.2M | $27.1M |
| Gross Profit | $71.7M | $88.7M | $94.1M |
| Gross Margin | 70.8% | 74.6% | 77.6% |
| Operating Expenses | |||
| Research & Development | — | — | — |
| SG&A Expense | $14.2M | $14.8M | $11.1M |
| Operating Income | $7.0M | $171.0M | $38.5M |
| Operating Margin | 6.9% | 143.8% | 31.8% |
| Interest Expense | $31.5M | $37.8M | $34.6M |
| Pretax Income | $-24.4M | $133.1M | $3.9M |
| Income Tax Expense | $-654.0K | $210.0K | $72.0K |
| Net Income | $-31.0M | $129.2M | $251.0K |
| Net Margin | -30.6% | 108.7% | 0.2% |
| EPS (Basic) | $-2.91 | $12.05 | $-0.27 |
| EPS (Diluted) | $-2.91 | $11.47 | $-0.27 |
| Shares Outstanding (Basic) | 10.6M | 10.4M | 10.4M |
| Shares Outstanding (Diluted) | 10.6M | 11.0M | 10.4M |
| Dividends Per Share | — | — | — |