Target hospitality corp. (TH)
Income statement / Quarterly
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17
Revenue:
Revenue

76,113

81,643

81,358

81,982

96,152

60,326

45,476

38,646

0

0

Costs:
Depreciation of specialty rental assets

-

11,200

10,000

9,901

-

9,800

6,800

6,603

-

-

Gross profit

31,531

38,556

39,172

37,754

26,035

26,354

21,742

16,103

-

-

Selling, general and administrative

9,646

11,141

10,925

44,752

6,196

16,964

7,998

10,182

-

-

Other depreciation and amortization

3,881

4,021

3,816

3,763

3,660

1,456

1,112

1,290

-

-

Restructuring costs

-32

0

0

200

693

400

1,200

6,300

-

-

Currency (gains) losses, net

-

77

-

-

-

-4

-68

-

-

-

Other expense (income), net

-6,593

-440

123

38

6,890

420

515

450

-

-

General and administrative expenses

-

-

-

-

-

-

-

-

3

5

Operating income

11,457

23,031

24,554

-10,891

22,228

7,935

11,921

-1,175

-3

-5

Loss on extinguishment of debt

0

0

0

-907

-

-

-

-

-

-

Interest expense, net

-49,395

10,172

9,853

-4,031

-31,331

5,408

5,670

-3,945

-

-

Income before income tax

2,112

12,859

14,701

-15,829

13,053

2,527

6,251

-5,120

-

-

Income tax expense

2,067

3,290

4,100

-1,850

9,226

1,700

1,800

-926

-

-

Other income - interest on Trust Account

-

-

-

-

-

-

-

-

0

0

Net income

66

9,569

10,580

-13,979

3,877

849

4,424

-4,194

-3

-5

Other comprehensive income
Foreign currency translation

-

80

-144

-

-550

0

616

-907

-

-

Comprehensive income

35

9,649

10,436

-13,979

3,327

849

5,040

-5,101

-

-

Two Class Method:
Weighted average number shares outstanding - basic and diluted

98,097

100,102

100,217

79,589

74,786

38,495

25,686

25,686

-

-

Net income per share - basic and diluted

0.04

0.10

0.11

-0.18

0.05

0.02

0.17

-0.16

-

-

Services
Revenue

-

64,189

59,832

61,073

-

47,210

28,259

24,916

-

-

Costs

29,497

29,470

29,736

32,009

43,791

21,419

14,344

13,510

-

-

Specialty rental
Revenue

16,723

14,230

15,143

13,730

12,405

10,383

17,217

13,730

-

-

Costs

2,747

2,395

2,490

2,318

2,576

2,768

2,598

2,430

-

-

Construction fee
Revenue

-

3,224

6,400

7,200

-

2,700

0

-

-

-