ICD
Income statement / Annual
Last year (2023), Independence Contract Drilling, Inc.'s total revenue was $210.11 M,
an increase of 12.53% from the previous year.
In 2023, Independence Contract Drilling, Inc.'s net income was -$37.70 M.
See Independence Contract Drilling, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$210.11 M
|
$186.71 M
|
$87.96 M
|
$83.42 M
|
$203.60 M
|
$142.61 M
|
$90.01 M
|
$70.06 M
|
$88.42 M
|
$70.35 M
|
| Cost of Revenue |
$173.80 M |
$163.84 M |
$114.67 M |
$109.29 M |
$190.28 M |
$126.11 M |
$93.58 M |
$67.09 M |
$73.24 M |
$58.84 M |
| Gross Profit |
$36.31 M |
$22.87 M |
-$26.71 M |
-$25.87 M |
$13.32 M |
$16.50 M |
-$3.57 M |
$2.98 M |
$15.18 M |
$11.51 M |
| Gross Profit Ratio |
0.17 |
0.12 |
-0.3 |
-0.31 |
0.07 |
0.12 |
-0.04 |
0.04 |
0.17 |
0.16 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$16.05 M
|
$15.91 M
|
$13.21 M
|
$16.14 M
|
$14.48 M
|
$12.22 M
|
| Selling & Marketing
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$24.50 M
|
$24.81 M
|
$15.70 M
|
$13.48 M
|
$16.05 M
|
$15.91 M
|
$13.21 M
|
$16.14 M
|
$14.48 M
|
$12.22 M
|
| Other Expenses |
-$585,000.00 |
$40.60 M |
$150,000.00 |
$86.73 M |
$377,000.00 |
$43.82 M |
$30.09 M |
$29.57 M |
$26.80 M |
$48.54 M |
| Operating Expenses |
$25.08 M |
$24.81 M |
$15.85 M |
$13.48 M |
$16.43 M |
$15.91 M |
$13.21 M |
$16.14 M |
$14.48 M |
$12.22 M |
| Cost And Expenses |
$198.88 M |
$188.65 M |
$130.52 M |
$122.77 M |
$206.71 M |
$142.02 M |
$106.79 M |
$83.23 M |
$87.72 M |
$71.06 M |
| Interest Income |
$0.00 |
$29.58 M |
$15.19 M |
$14.63 M |
$14.42 M |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Interest Expense |
$35.96 M |
$29.58 M |
$15.19 M |
$14.63 M |
$14.42 M |
$7.56 M |
$2.98 M |
$3.05 M |
$3.25 M |
$1.65 M |
| Depreciation &
Amortization |
$43.54 M
|
$40.44 M
|
$38.92 M
|
$43.92 M
|
$45.37 M
|
$30.89 M
|
$25.84 M
|
$23.81 M
|
$21.15 M
|
$16.18 M
|
| EBITDA |
$54.77 M
|
$38.50 M
|
-$3.65 M
|
$4.57 M
|
-$1.13 M
|
$31.48 M
|
$9.06 M
|
$4.88 M
|
$21.85 M
|
-$15.16 M
|
| EBITDA Ratio |
0.26 |
0.21 |
-0.04 |
0.05 |
0.21 |
0.22 |
0.1 |
0.15 |
0.25 |
0.22 |
| Operating Income Ratio
|
0.05
|
-0.01
|
-0.49
|
-0.47
|
-0.02
|
-0.09
|
-0.23
|
-0.27
|
-0.06
|
-0.47
|
| Total Other
Income/Expenses Net |
-$50.90 M
|
-$69.58 M
|
-$5.07 M
|
-$57.43 M
|
-$14.42 M
|
-$7.56 M
|
-$2.98 M
|
-$3.05 M
|
-$3.25 M
|
$1.54 M
|
| Income Before Tax |
-$39.67 M |
-$71.52 M |
-$48.18 M |
-$96.79 M |
-$60.91 M |
-$19.90 M |
-$24.01 M |
-$21.98 M |
-$8.21 M |
-$31.53 M |
| Income Before Tax Ratio
|
-0.19
|
-0.38
|
-0.55
|
-1.16
|
-0.3
|
-0.14
|
-0.27
|
-0.31
|
-0.09
|
-0.45
|
| Income Tax Expense |
-$1.98 M |
-$6.20 M |
$18.53 M |
-$147,000.00 |
-$122,000.00 |
$91,000.00 |
$287,000.00 |
$202,000.00 |
-$325,000.00 |
-$3.36 M |
| Net Income |
-$37.70 M |
-$65.32 M |
-$66.71 M |
-$96.64 M |
-$60.79 M |
-$19.99 M |
-$24.30 M |
-$22.18 M |
-$7.88 M |
-$28.17 M |
| Net Income Ratio |
-0.18 |
-0.35 |
-0.76 |
-1.16 |
-0.3 |
-0.14 |
-0.27 |
-0.32 |
-0.09 |
-0.4 |
| EPS |
-2.69 |
-5.01 |
-8.89 |
-19.69 |
-16.11 |
-8.4 |
-12.87 |
-13.4 |
-6.6 |
-33 |
| EPS Diluted |
-2.69 |
-5.01 |
-8.89 |
-19.69 |
-16.11 |
-8.4 |
-12.87 |
-13.39 |
-6.59 |
-32.99 |
| Weighted Average Shares
Out |
$14.01 M
|
$13.03 M
|
$7.51 M
|
$4.91 M
|
$3.77 M
|
$2.38 M
|
$1.89 M
|
$1.66 M
|
$1.19 M
|
$853,575.00
|
| Weighted Average Shares
Out Diluted |
$14.01 M
|
$13.03 M
|
$7.51 M
|
$4.91 M
|
$3.77 M
|
$2.38 M
|
$1.89 M
|
$1.66 M
|
$1.20 M
|
$853,900.00
|
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