Approach Resources Revenue, Profits - AREX Quarterly Income Statement

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$1.96 $0.08 (3.92%) AREX stock closing price Sep 17, 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 5.42%. 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 2018 Q2 is $-9.07M and the 2018 Q2 revenue is $30.33M.

View and download details of revenue and profits for Approach Resources for latest & last 40 quarters.
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q1
Approach Resources Revenues or Net Sales
30.33M28.77M28.42M25.61M24.97M26.36M26.51M23.75M22.43M17.62M
Cost Of Goods Sold (COGS)5.04M5.26M5.49M4.51M6.34M5.21M4.46M4.94M6.85M6.92M
Approach Resources Gross Profit
25.29M23.5M22.94M21.09M18.62M21.14M22.06M18.8M15.57M10.69M
Research & Development Expense----------
Selling General & Admin Expense8.66M9.06M7.71M8.18M8.8M8.28M9.73M7.83M7.68M7.71M
Income Before Depreciation Depletion Amortization16.64M14.43M15.24M12.9M9.82M12.85M12.34M10.97M7.89M2.97M
Depreciation Depletion Amortization16.85M15.68M16.18M16.84M19.54M17.96M19.41M19.42M19.99M20.22M
Non Operating Income-4.9M-1.92M-1.38M-3.53M1.23M8.5M-2.89M1.53M-5.81M2.64M
Interest Expense6.18M5.88M5.38M5.3M4.91M5.46M7.1M7.06M6.8M6.29M
Approach Resources Pretax Income
-11.29M-9.05M-7.7M-12.77M-13.4M-2.06M-17.06M-13.98M-24.72M-20.9M
Provision for Income Taxes-2.22M-1.61M-53.53M-4.25M-4.5M138.7M-3.58M-4.91M-8.68M-7.24M
MinorityInterest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations-9.07M-7.45M45.82M-8.51M-8.9M-140.77M-13.48M-9.07M-16.04M-13.66M
Extraordinary Items & Discontinued Operations----------
Approach Resources Profit/ Loss (Net Income)
-9.07M-7.45M45.82M-8.51M-8.9M-140.77M-13.48M-9.07M-16.04M-13.66M
Average Shares used to compute Diluted EPS94.47M94.52M90.12M86.5M86.34M70.41M41.71M41.61M41.57M41.07M
Average Shares used to compute Basic EPS94.47M94.52M90.12M86.5M86.34M70.41M41.71M41.61M41.57M41.07M
Income Before Nonrecurring Items-6.78M-7.06M-6.07M-6.54M-9.69M-7.83M-11.3M-9.57M-10.42M-13.04M
Income from Nonrecurring Items-2.29M-0.38M51.88M-1.97M--132.94M-2.17M--5.62M-0.62M
Approach Resources Earnings Per Share Basic Net
-0.10-0.080.51-0.10-0.10-2.00-0.32-0.22-0.39-0.33
Approach Resources Earnings Per Share Diluted Net
-0.10-0.080.51-0.10-0.10-2.00-0.32-0.22-0.39-0.33
EPS Diluted Before Nonrecurring Items-0.07-0.07-0.07-0.08-0.11-0.11-0.27-0.23-0.25-0.32
Preferred Dividends Acc Pd----------
Dividends Common0.000.000.00-------
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.
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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

PE Ratio (price earnings ratio)
8.52
PS Ratio (price sales ratio)
1.64
Dividend Yield
0%