East Resources Acquisition Company (ERES) Financials

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$10.85

north_east NA Past Year
Day's range
$10.42
Day's range
$11.27

ERES Income statement / Annual

Last year (2023), East Resources Acquisition Company's total revenue was $66.40 M, an increase of 48.50% from the previous year. In 2023, East Resources Acquisition Company's net income was $9.52 M. See East Resources Acquisition Company,s key income statements, including revenue, expenses, profit, and income.

Period FY-2023 FY-2022 FY-2021 FY-2020
Period Ended 12/31/2023 12/31/2022 12/31/2021 12/31/2020
Operating Revenue $66.40 M $44.71 M $22.59 M $27.37 M
Cost of Revenue $6.49 M $5.88 M $14.21 M $514,669.00
Gross Profit $59.91 M $38.83 M $8.39 M $26.86 M
Gross Profit Ratio 0.9 0.87 0.37 0.98
Research and Development Expenses $0.00 $0.00 $0.00 $0.00
General & Administrative Expenses $26.48 M $1.43 M $7.44 M $6.45 M
Selling & Marketing Expenses $4.91 M $2.60 M $0.00 $1,180.00
Selling, General & Administrative Expenses $31.39 M $4.02 M $7.44 M $6.45 M
Other Expenses $4.40 M -$437,732.00 $50,000.00 -$52.51 M
Operating Expenses $35.79 M $4.03 M $7.45 M -$46.07 M
Cost And Expenses $42.28 M $9.91 M $21.66 M $25.93 M
Interest Income $594,764.00 $1,474.00 $11,500.00 $18,426.00
Interest Expense $9.87 M $42,798.00 $0.00 $0.00
Depreciation & Amortization $3.41 M $11.72 M $1.38 M $476,742.00
EBITDA $23.33 M $34.81 M $1.03 M $0.00
EBITDA Ratio 0.35 0.77 0.05 -0.68
Operating Income Ratio 0.36 0.75 0.04 -0.68
Total Other Income/Expenses Net -$13.62 M -$388,337.00 $61,500.00 $1.92 M
Income Before Tax $10.50 M $33.28 M $998,615.00 $1.44 M
Income Before Tax Ratio 0.16 0.74 0.04 0.05
Income Tax Expense $1.47 M $889,943.00 $1,200.00 $1,563.00
Net Income $9.52 M $31.68 M $997,415.00 $1.44 M
Net Income Ratio 0.14 0.71 0.04 0.05
EPS 0.17 0.63 0.0198 0.0286
EPS Diluted 0.16 0.63 0.0198 0.0286
Weighted Average Shares Out $56.95 M $50.37 M $50.37 M $50.37 M
Weighted Average Shares Out Diluted $57.77 M $50.37 M $50.37 M $50.37 M
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