See more : Tingyi (Cayman Islands) Holding Corp. (TYCMY) Income Statement Analysis – Financial Results
Complete financial analysis of Energy Recovery, Inc. (ERII) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Energy Recovery, Inc., a leading company in the Industrial – Pollution & Treatment Controls industry within the Industrials sector.
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Energy Recovery, Inc. (ERII)
Industry: Industrial - Pollution & Treatment Controls
Sector: Industrials
Website: https://www.energyrecovery.com
About Energy Recovery, Inc.
Energy Recovery, Inc., together with its subsidiaries, designs, manufactures, and sells various solutions for the seawater reverse osmosis desalination and industrial wastewater treatment industries worldwide. The company operates through Water and Emerging Technologies segments. It offers a suite of products, including energy recovery devices, and high-pressure feed and recirculation pumps; hydraulic turbochargers and boosters; and spare parts, as well as repair, field, and commissioning services. The company also offers a solution to reduce energy consumption in natural gas processing and in refrigeration systems that use carbon dioxide. It provides its products under the ERI, Ultra PX, PX, Pressure Exchanger, PX Pressure Exchanger, PX PowerTrain, VorTeq, IsoBoost, AT, and AquaBold names to large engineering, procurement, and construction firms; end-users and industry consultants; original equipment manufacturers; and aftermarket customers. The company was incorporated in 1992 and is headquartered in San Leandro, California.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 128.35M | 125.59M | 103.90M | 118.99M | 86.94M | 74.52M | 63.16M | 54.72M | 44.71M | 30.43M | 43.05M | 42.63M | 28.05M | 45.85M | 47.01M | 52.12M | 35.41M | 20.06M | 10.69M | 4.05M | 4.05M |
| Cost of Revenue | 41.27M | 38.24M | 32.67M | 28.25M | 20.34M | 17.87M | 19.06M | 17.85M | 19.11M | 13.71M | 17.32M | 22.42M | 20.25M | 23.78M | 17.60M | 18.93M | 14.85M | 8.13M | 0.00 | 2.02M | 2.01M |
| Gross Profit | 87.08M | 87.36M | 71.23M | 90.74M | 66.61M | 56.64M | 44.10M | 36.87M | 25.60M | 16.71M | 25.72M | 20.21M | 7.80M | 22.07M | 29.42M | 33.19M | 20.56M | 11.93M | 10.69M | 2.03M | 2.03M |
| Gross Profit Ratio | 67.85% | 69.56% | 68.56% | 76.26% | 76.61% | 76.01% | 69.82% | 67.38% | 57.26% | 54.93% | 59.76% | 47.41% | 27.81% | 48.14% | 62.57% | 63.67% | 58.06% | 59.46% | 100.00% | 50.21% | 50.26% |
| Research & Development | 17.00M | 17.91M | 20.07M | 23.45M | 23.40M | 17.01M | 13.44M | 10.14M | 7.66M | 9.69M | 4.36M | 4.77M | 3.53M | 3.94M | 3.04M | 2.42M | 1.71M | 1.27M | 0.00 | 340.00K | 25.00K |
| General & Administrative | 28.86M | 28.34M | 25.16M | 25.52M | 22.83M | 21.48M | 17.35M | 16.63M | 19.77M | 14.14M | 15.19M | 15.15M | 16.75M | 17.04M | 13.76M | 2.46M | 0.00 | 0.00 | 0.00 | 1.06M | 892.00K |
| Selling & Marketing | 22.16M | 16.28M | 12.16M | 8.13M | 9.43M | 7.55M | 9.39M | 9.12M | 9.33M | 10.53M | 7.95M | 7.29M | 8.00M | 8.21M | 6.47M | 1.78M | 0.00 | 0.00 | 0.00 | 1.04M | 915.00K |
| SG&A | 51.03M | 44.62M | 37.32M | 33.65M | 32.27M | 29.02M | 26.75M | 25.74M | 29.10M | 24.66M | 23.14M | 22.44M | 24.74M | 25.24M | 20.23M | 17.87M | 9.53M | 7.02M | 0.00 | 2.09M | 1.81M |
| Other Expenses | 0.00 | 1.24M | 12.00K | 16.00K | 575.00K | -80.00K | -188.00K | 290.00K | -139.00K | 69.00K | 109.00K | 143.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 68.03M | 62.53M | 57.40M | 57.11M | 56.24M | 46.66M | 40.82M | 36.51M | 37.39M | 35.20M | 28.43M | 28.25M | 29.80M | 27.04M | 23.27M | 20.29M | 11.23M | 8.29M | 0.00 | 2.43M | 1.83M |
| Cost & Expenses | 109.30M | 100.76M | 90.07M | 85.36M | 76.58M | 64.54M | 59.88M | 54.36M | 56.50M | 48.91M | 45.75M | 50.67M | 50.05M | 50.82M | 40.86M | 39.22M | 26.09M | 16.42M | 0.00 | 4.45M | 3.84M |
| Interest Income | 3.76M | 908.00K | 204.00K | 913.00K | 2.01M | 1.54M | 870.00K | 309.00K | 53.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 54.00K | 873.00K | 517.00K | 58.00K | 0.00 | 1.00K | 0.00 |
| Interest Expense | 0.00 | 908.00K | 0.00 | 0.00 | 0.00 | 1.00K | 2.00K | 3.00K | 42.00K | 0.00 | 0.00 | 6.00K | 34.00K | 73.00K | 46.00K | 79.00K | 105.00K | 77.00K | 0.00 | 54.00K | 38.00K |
| Depreciation & Amortization | 5.75M | 6.30M | 5.94M | 5.30M | 4.40M | 3.86M | 3.67M | 3.68M | 3.84M | 4.03M | 3.80M | 1.04M | 1.36M | 5.20M | 1.18M | 522.00K | 323.00K | 231.00K | 0.00 | 1.00K | 0.00 |
| EBITDA | 24.80M | 31.13M | 19.77M | 38.93M | 16.65M | 15.30M | 12.92M | 7.11M | -8.09M | -14.39M | 1.09M | -4.71M | -20.32M | 43.00K | 7.39M | 14.30M | 9.65M | 3.87M | 10.69M | -399.00K | 201.00K |
| EBITDA Ratio | 19.32% | 19.77% | 19.03% | 34.67% | 19.15% | 20.55% | 12.07% | 7.91% | -18.10% | -47.51% | 2.79% | -16.08% | -73.59% | -10.83% | 13.20% | 25.75% | 27.25% | 19.30% | 100.00% | -9.86% | 4.97% |
| Operating Income | 19.05M | 18.53M | 13.83M | 31.29M | 10.36M | 9.98M | 3.28M | 357.00K | -11.79M | -18.48M | -2.89M | -8.65M | -25.29M | -4.97M | 6.15M | 12.90M | 9.33M | 3.64M | 10.69M | -400.00K | 201.00K |
| Operating Income Ratio | 14.84% | 14.75% | 13.31% | 26.30% | 11.92% | 13.39% | 5.19% | 0.65% | -26.37% | -60.75% | -6.71% | -20.30% | -90.18% | -10.83% | 13.08% | 24.75% | 26.34% | 18.15% | 100.00% | -9.88% | 4.97% |
| Total Other Income/Expenses | 3.66M | 1.24M | 173.00K | 839.00K | 1.89M | 1.46M | 680.00K | 287.00K | -181.00K | 69.00K | 109.00K | 137.00K | 150.00K | -267.00K | 8.00K | 794.00K | 412.00K | -19.00K | -181.00K | -53.00K | -38.00K |
| Income Before Tax | 22.71M | 26.07M | 14.00M | 32.13M | 12.26M | 11.44M | 3.96M | 644.00K | -11.97M | -18.41M | -2.78M | -8.52M | -25.14M | -5.23M | 6.16M | 13.70M | 9.74M | 3.62M | 0.00 | -453.00K | 163.00K |
| Income Before Tax Ratio | 17.69% | 20.76% | 13.48% | 27.01% | 14.10% | 15.35% | 6.26% | 1.18% | -26.78% | -60.52% | -6.46% | -19.98% | -89.65% | -11.41% | 13.10% | 26.28% | 27.50% | 18.05% | 0.00% | -11.19% | 4.03% |
| Income Tax Expense | 1.20M | 2.02M | -265.00K | 5.75M | 1.34M | -10.65M | -8.39M | -390.00K | -334.00K | 291.00K | 327.00K | -262.00K | 1.30M | -1.63M | 2.47M | 5.03M | 3.95M | 1.24M | -894.00K | 53.00K | -11.00K |
| Net Income | 21.50M | 24.05M | 14.27M | 26.39M | 10.91M | 22.09M | 12.35M | 1.03M | -11.64M | -18.71M | -3.11M | -8.25M | -26.44M | -3.61M | 3.69M | 8.66M | 5.79M | 2.38M | 894.00K | -506.00K | 174.00K |
| Net Income Ratio | 16.75% | 19.15% | 13.73% | 22.18% | 12.55% | 29.65% | 19.55% | 1.89% | -26.03% | -61.48% | -7.22% | -19.36% | -94.28% | -7.87% | 7.84% | 16.62% | 16.36% | 11.88% | 8.36% | -12.50% | 4.30% |
| EPS | 0.38 | 0.43 | 0.25 | 0.47 | 0.20 | 0.41 | 0.34 | 0.07 | -0.22 | -0.36 | -0.06 | -0.16 | -0.50 | -0.07 | 0.07 | 0.19 | 0.15 | 0.06 | 0.02 | -0.02 | 0.01 |
| EPS Diluted | 0.37 | 0.42 | 0.24 | 0.47 | 0.19 | 0.40 | 0.33 | 0.07 | -0.22 | -0.36 | -0.06 | -0.16 | -0.50 | -0.07 | 0.07 | 0.18 | 0.14 | 0.06 | 0.02 | -0.02 | 0.01 |
| Weighted Avg Shares Out | 56.44M | 56.22M | 56.99M | 55.71M | 54.74M | 53.76M | 53.70M | 52.34M | 52.15M | 51.68M | 51.07M | 51.45M | 52.61M | 52.07M | 50.17M | 44.85M | 39.06M | 38.02M | 36.79M | 32.16M | 30.28M |
| Weighted Avg Shares Out (Dil) | 57.74M | 57.64M | 58.72M | 56.64M | 56.07M | 55.34M | 55.61M | 55.45M | 52.15M | 51.68M | 51.07M | 51.45M | 52.61M | 52.07M | 52.64M | 47.39M | 41.43M | 40.24M | 38.45M | 32.16M | 32.94M |
Energy Recovery Establishes Corporate Emissions Reduction Target; Surpasses $5.9 Billion in Energy Savings for Customers According to Latest Sustainability Report
SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (NASDAQ: ERII), a trusted global leader in energy efficiency technology, today released its fourth annual Sustainability Report, underscoring the strong connection between the company's business goals and its sustainability efforts. Energy Recovery has set...
Energy Recovery, Inc. (ERII) Q2 2023 Earnings Call Transcript
Energy Recovery, Inc. (NASDAQ:ERII ) Q2 2023 Earnings Conference Call August 2, 2023 5:00 PM ET Company Participants James Siccardi – Vice President of Investor Relations Bob Mao – Chairman, President and Chief Executive Officer Joshua Ballard – Chief Financial...
Energy Recovery (ERII) Reports Break-Even Earnings for Q2
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Energy Recovery Affirms FY 2023 Guidance, Continues Investments in Wastewater and CO2 Business Growth
SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (Nasdaq:ERII) (“Energy Recovery” or the “Company”) today announced its financial results for the second quarter and six months ended June 30, 2023. Second Quarter Highlights Revenue of $20.7 million, within the lower end of...
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Energy Recovery to Release Second Quarter 2023 Financial Results
SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (NASDAQ: ERII) today announced it will release its financial results for the quarterly period ending June 30, 2023, and will host a conference call to discuss quarterly results and related matters on August 2,...
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Energy Recovery Generates Soaring Profits On Environmental Expertise; Growth Stock Acts Well
The company specializes in the production of water desalination devices, wastewater treatment systems and CO2 reduction systems used in refrigeration. The post Energy Recovery Generates Soaring Profits On Environmental Expertise; Growth Stock Acts Well appeared first on Investor's Business Daily.
New Strong Buy Stocks for February 23rd (Revised)
TT, HSIC, SONY, LYV and ERII have been added to the Zacks Rank #1 (Strong Buy) List on February 23, 2023
New Strong Buy Stocks for February 23rd
TT, HSIC, SONY, LYV and ERII have been added to the Zacks Rank #1 (Strong Buy) List on February 23, 2023.
Source: https://incomestatements.info
Category: Stock Reports