Approach Resources Revenue, Profits - AREX Quarterly Income Statement

Add to My Stocks
$2.69 $0.09 (3.24%) AREX stock closing price Apr 20, 2018 (Closing)

AREX stock valuation based on fundamental analysis involves checking and analyzing financial statements and not just the Approach Resources stock price. The key financial statements of a company are the income statement, the balance sheet and the cash flow statement. The income statement is always for an accounting period, typically for a year or quarter, and affects the stock. In this case, the AREX stock is bound to reflect the impact of the QOQ growth of 10.97%. Along with Approach Resources assets and Approach Resources free cash flow, Approach Resources profits as shown in profit and loss statement give key insights about the business. The net profit for 2017 Q4 is $45.82M and the 2017 Q4 revenue is $28.42M.

View and download details of revenue and profits for Approach Resources for latest & last 40 quarters.
show more
Quarterly
Annual
View Previous Quarters
View Next Quarters
Fiscal year is Jan - Dec2017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q42015 Q3
Approach Resources Revenues or Net Sales
28.42M25.61M24.97M26.36M26.51M23.75M22.43M17.62M25.49M33.94M
Cost Of Goods Sold (COGS)5.49M4.51M6.34M5.21M4.46M4.94M6.85M6.92M7.47M9.63M
Approach Resources Gross Profit
22.94M21.09M18.62M21.14M22.06M18.8M15.57M10.69M18.04M24.3M
Research & Development Expense----------
Selling General & Admin Expense7.71M8.18M8.8M8.28M9.73M7.83M7.68M7.71M8.04M231.6M
Income Before Depreciation Depletion Amortization15.24M12.9M9.82M12.85M12.34M10.97M7.89M2.97M10M-207.29M
Depreciation Depletion Amortization16.18M16.84M19.54M17.96M19.41M19.42M19.99M20.22M23.17M31.22M
Non Operating Income-1.38M-3.53M1.23M8.5M-2.89M1.53M-5.81M2.64M13.58M14.44M
Interest Expense5.38M5.3M4.91M5.46M7.1M7.06M6.8M6.29M6.44M6.46M
Approach Resources Pretax Income
-7.7M-12.77M-13.4M-2.06M-17.06M-13.98M-24.72M-20.9M-6.05M-230.54M
Provision for Income Taxes-53.53M-4.25M-4.5M138.7M-3.58M-4.91M-8.68M-7.24M-0.3M-81.75M
MinorityInterest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations45.82M-8.51M-8.9M-140.77M-13.48M-9.07M-16.04M-13.66M-5.76M-148.79M
Extraordinary Items & Discontinued Operations----------
Approach Resources Profit/ Loss (Net Income)
45.82M-8.51M-8.9M-140.77M-13.48M-9.07M-16.04M-13.66M-5.76M-148.79M
Average Shares used to compute Diluted EPS90.12M86.5M86.34M70.41M41.71M41.61M41.57M41.07M40.6M40.54M
Average Shares used to compute Basic EPS90.12M86.5M86.34M70.41M41.71M41.61M41.57M41.07M40.6M40.54M
Income Before Nonrecurring Items-6.07M-6.54M-9.69M-7.83M-11.3M-9.57M-10.42M-13.04M-4.98M-5.86M
Income from Nonrecurring Items51.88M-1.97M--132.94M-2.17M--5.62M-0.62M-0.78M-142.93M
Approach Resources Earnings Per Share Basic Net
0.51-0.10-0.10-2.00-0.32-0.22-0.39-0.33-0.14-3.67
Approach Resources Earnings Per Share Diluted Net
--0.1M-0.1M-2M-0.32M-0.22M-0.39M-0.33M-0.14M-3.67M
EPS Diluted Before Nonrecurring Items-0.07-0.08-0.11-0.11-0.27-0.23-0.25-0.32-0.12-0.14
Preferred Dividends Acc Pd----------
Dividends Common0.000.00--------
Dividend Per Share Common0.000.000.000.000.000.000.000.000.000.00
All figures in USD. M: Millions of USD, B: Billions of USD.
View Previous Quarters
View Next Quarters

Approach Resources stock analysis involves checking at least a few of the important things like:

  • Revenue: The money received by selling of goods or services comes under this line item. A QoQ growth - See: Approach Resources revenue chart, implies that the company is growing. It has been the case with Approach Resources. One must look at stocks with increasing revenues, and stay away from stocks whose revenues or sales are declining.
  • Bottom line: Most businesses like Approach Resources try to grow their profits by growing their topline and by increasing their operating efficiency. A healthy bottom line growth implies a good investment.

The income statement is also called the profit and loss statement. Apart from the AREX income statement, one can check the Approach Resources historical stock prices to check how the price has moved with time.

Approach Resources Income Statement - Key Financial Ratios

PS Ratio (price sales ratio)
2.3
Net Profit Margin
161.2
Dividend Yield
0%