See more : Shanghai Hugong Electric Group Co.,Ltd. (603131.SS) Income Statement Analysis – Financial Results
Complete financial analysis of Norris Industries, Inc. (NRIS) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Norris Industries, Inc., a leading company in the Oil & Gas Exploration & Production industry within the Energy sector.
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Norris Industries, Inc. (NRIS)
About Norris Industries, Inc.
Norris Industries, Inc. engages in the acquisition, exploration, and development of crude oil and natural gas properties in Texas. The company's principal properties are located in the Ellenberger formation in Coleman County, as well as the Jack and Palo-Pinto Counties. As of March 1, 2022, it had total proved reserves of approximately 29 thousands of barrels of oil and 150 millions of cubic feet of natural gas. The company was formerly known as International Western Petroleum, Inc. and changed its name to Norris Industries, Inc. in February 2018. Norris Industries, Inc. was incorporated in 2014 and is headquartered in Weatherford, Texas.
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 329.61K | 526.45K | 452.29K | 280.16K | 573.02K | 499.07K | 131.94K | 149.35K | 172.89K | 0.00 | 0.00 |
| Cost of Revenue | 645.20K | 722.76K | 640.56K | 787.71K | 1.50M | 490.44K | 155.77K | 158.15K | 293.88K | 0.00 | 0.00 |
| Gross Profit | -315.59K | -196.31K | -188.27K | -507.55K | -930.58K | 8.63K | -23.83K | -8.80K | -120.99K | 0.00 | 0.00 |
| Gross Profit Ratio | -95.75% | -37.29% | -41.63% | -181.17% | -162.40% | 1.73% | -18.06% | -5.89% | -69.98% | 0.00% | 0.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 189.39K | 192.29K | 203.69K | 313.52K | 577.07K | 878.05K | 1.27M | 1.71M | 142.19M | 80.52K | 60.00K |
| Selling & Marketing | 11.40K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -142.04M | 0.00 | 0.00 |
| SG&A | 200.79K | 192.29K | 203.69K | 313.52K | 577.07K | 878.05K | 1.27M | 1.71M | 142.19K | 80.52K | 60.00K |
| Other Expenses | 0.00 | 462.74M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 23.37K | 36.99K | 0.00 | 0.00 |
| Operating Expenses | 200.79K | 192.29K | 203.69K | 313.52K | 577.07K | 878.05K | 1.27M | 1.73M | 179.17K | 80.52K | 60.00K |
| Cost & Expenses | 845.98K | 915.05K | 844.26K | 1.10M | 2.08M | 1.37M | 1.43M | 1.89M | 473.05K | 80.52K | 60.00K |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 126.96K | 116.38K | 106.99K | 92.53K | 73.30K | 52.27K | 23.65K | 1.00K | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 114.83K | 67.73K | 41.11K | 235.00K | 771.84K | 210.63K | 24.15K | 28.31K | 36.99K | 80.52K | 0.00 |
| EBITDA | -401.55K | -320.88K | -350.86K | -782.27K | -2.05M | -658.79K | -2.50M | -1.72M | -263.17K | 0.00 | -60.00K |
| EBITDA Ratio | -121.82% | -60.95% | -77.57% | -209.19% | -128.41% | -132.00% | -964.68% | -1,145.24% | -152.22% | 0.00% | 0.00% |
| Operating Income | -516.37K | -388.60K | -391.96K | -1.02M | -2.83M | -869.42K | -1.30M | -1.74M | -300.16K | -80.52K | -60.00K |
| Operating Income Ratio | -156.66% | -73.82% | -86.66% | -363.10% | -493.37% | -174.21% | -982.98% | -1,164.20% | -173.61% | 0.00% | 0.00% |
| Total Other Income/Expenses | -126.96K | -116.38K | -106.99K | -92.53K | -71.04K | -52.27K | -1.25M | 19.32K | 0.00 | 0.00 | 0.00 |
| Income Before Tax | -643.34K | -504.98K | -498.96K | -1.11M | -2.90M | -921.69K | -2.55M | -1.75M | -300.16K | -80.52K | -60.00K |
| Income Before Tax Ratio | -195.18% | -95.92% | -110.32% | -396.13% | -505.77% | -184.68% | -1,931.85% | -1,171.35% | -173.61% | 0.00% | 0.00% |
| Income Tax Expense | 0.00 | 116.38K | -10.00 | 92.53K | 73.30K | 38.77K | 23.65K | 1.00K | -81.55M | -80.52K | 0.00 |
| Net Income | -643.34K | -621.36K | -498.95K | -1.20M | -2.97M | -921.69K | -2.55M | -1.75M | -300.16K | -80.52K | -60.00K |
| Net Income Ratio | -195.18% | -118.03% | -110.32% | -429.15% | -518.56% | -184.68% | -1,931.85% | -1,171.35% | -173.61% | 0.00% | 0.00% |
| EPS | -0.01 | -0.01 | -0.01 | -0.01 | -0.03 | -0.01 | -0.03 | -0.04 | -0.01 | 0.00 | 0.00 |
| EPS Diluted | -0.01 | -0.01 | -0.01 | -0.01 | -0.03 | -0.01 | -0.03 | -0.04 | -0.01 | 0.00 | 0.00 |
| Weighted Avg Shares Out | 90.88M | 90.88M | 90.88M | 90.88M | 89.74M | 89.44M | 89.21M | 46.42M | 44.13M | 43.45M | 43.48M |
| Weighted Avg Shares Out (Dil) | 90.88M | 90.88M | 90.88M | 90.88M | 89.74M | 89.44M | 89.21M | 46.42M | 44.13M | 43.45M | 43.48M |
Source: https://incomestatements.info
Category: Stock Reports