OPAL Fuels
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. OPAL Fuels's past years’ income statements indicate that its last revenue has increased compared to the previous period by 9% to $256,108,000. The net income raised on $29,947,000 and profit margin reached 12%. Total operating expenses were $65,168,000.
Profit Margin
| 2019 | 119.70M | -11.18M | -9.34% |
|---|---|---|---|
| 2020 | 117.70M | -29.91M | -25.42% |
| 2021 | 166.12M | 31.91M | 19.21% |
| 2022 | 235.53M | 3.39M | 1.44% |
| 2023 | 256.10M | 29.94M | 11.69% |
OPALW Income Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Revenue | |||||
Revenue | 256.10M | 235.53M | 166.12M | 117.70M | 119.70M |
Cost of revenue | 183.9M | 172.04M | 115.06M | 90.16M | 90.97M |
Gross profit | 72.20M | 63.48M | 51.05M | 27.53M | 28.73M |
Operating exp. | |||||
Research and development | 4.86M | 6.43M | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 528K | 281K |
Total operating expenses | 65.16M | 61.70M | 40.03M | 28.81M | 25.82M |
Operating income | 7.04M | 9.50M | 11.02M | -3.36M | 814K |
Other income (expenses), net | 119.98M | 23.07M | 29.24M | -7.53M | -6.06M |
Income before tax | 127.02M | 32.57M | 40.26M | -25.37M | -5.24M |
Income tax expense | 0 | 29.18M | 8.35M | 4.54M | 5.93M |
Net income | 29.94M | 3.39M | 31.91M | -29.91M | -11.18M |
Earnings per share | |||||
Basic EPS | 0.7 | 0.13 | 0.22 | -1.19 | -0.44 |
Diluted EPS | 0.69 | 0.13 | 0.22 | -1.19 | -0.44 |
| Data source | Data source | Data source |