Drilling Tools International Corp.

DTI

DTIDrilling Tools International Corp. US flag

NASDAQ Capital Market

2.78

USD

-0.05

- -

97.69MMarket Cap

Income Statement (USD)

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	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Sales/Revenue/Turnover	77	130	152	154	160
+ Sales & Services Revenue	77	130	152	154	160
- Cost of Revenue	45	53	56	62	69
+ Cost of Goods & Services	45	53	56	62	69
Gross Profit	32	77	96	92	91
+ Other Operating Income	- -	- -	- -	- -	- -
- Operating Expenses	38	52	71	79	82
+ Selling, General & Admin	38	52	71	79	82
+ Research & Development	- -	- -	- -	- -	- -
+ Other Operating Expense	- -	- -	- -	- -	- -
Operating Income (Loss)	-6	25	26	13	9
- Non-Operating (Income) Loss	-8	- -	6	10	12
+ Interest Expense, Net	1	- -	1	3	5
+ Interest Expense	1	- -	1	3	5
- Interest Income	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-9	- -	5	7	7
Pretax Income	2	25	20	3	-3
- Income Tax Expense (Benefit)	- -	4	5	- -	1
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	2	21	15	3	-4
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	2	21	15	3	-4
- Minority Interest	- -	- -	- -	- -	- -
Net Income, GAAP	2	21	15	3	-4
- Preferred Dividends	- -	1	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	2	20	14	3	-4
EBIT	-6	25	26	13	9
EBITDA	15	45	46	37	36
EBITDA Margin (%)	19.96	34.72	30.2	24.12	22.62
EBITA	-6	25	26	13	9
Gross Margin (%)	41.4	59.31	63.25	59.65	57.04
Operating Margin (%)	-8.11	19.51	16.81	8.69	5.52
Profit Margin (%)	2.72	16.27	9.7	1.95	-2.36
Sales per Employee	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -
Depreciation Expense	22	20	20	24	27
Basic Weighted Avg Shares	12	12	21	32	36
Basic EPS, GAAP	0.18	1.66	0.67	0.09	-0.11
Basic EPS from Cont Ops	0.18	1.76	0.69	0.09	-0.11
Diluted Weighted Avg Shares	20	20	25	32	36
Diluted EPS, GAAP	0.11	1.01	0.57	0.09	-0.11
Diluted EPS from Cont Ops	0.11	1.07	0.59	0.09	-0.11

Balance Sheet (USD)

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	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Current Assets	24	40	46	68	65
+ Cash, Cash Equivalents & STI	1	3	7	6	4
+ Cash & Cash Equivalents	- -	2	6	6	4
+ ST Investments	1	1	1	- -	- -
+ Accounts & Notes Receiv	20	31	30	41	40
+ Accounts Receivable, Net	20	29	30	40	38
+ Notes Receivable, Net	- -	- -	- -	1	2
+ Loans Receivable, Net	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	2	- -	- -	1
+ Inventories	2	3	5	18	18
+ Raw Materials	2	3	5	13	14
+ Work In Process	- -	- -	- -	2	1
+ Finished Goods	- -	- -	- -	3	3
+ Inventory Adjustments	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -
+ Other ST Assets	1	2	5	4	3
+ Misc ST Assets	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -
Total Noncurrent Assets	45	65	86	154	157
+ Property, Plant & Equip, Net	44	64	85	98	98
+ Property, Plant & Equip	162	190	218	240	254
- Accumulated Depreciation	118	126	133	142	156
+ LT Investments & Receivables	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -
+ Other LT Assets	1	1	2	56	60
+ Total Intangible Assets	- -	- -	- -	49	54
+ Goodwill	- -	- -	- -	12	15
+ Other Intangible Assets	- -	- -	- -	37	40
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -
+ Misc LT Assets	- -	1	1	7	5
Total Assets	70	105	132	222	222
+ Payables & Accruals	10	11	12	15	14
+ Accounts Payable	8	7	8	12	10
+ Accrued Taxes	1	2	2	1	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	1	3	2	4
+ ST Debt	27	22	4	11	10
+ ST Borrowings	27	18	- -	7	6
+ ST Finance Leases	- -	3	4	4	4
+ Other ST Liabilities	2	4	6	5	7
+ Deferred Revenue	- -	- -	1	1	1
+ Derivatives & Hedging	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -
+ Misc ST Liabilities	2	4	5	5	6
Total Current Liabilities	40	36	22	31	31
+ LT Debt	- -	17	15	66	61
+ LT Borrowings	- -	- -	- -	47	40
+ LT Finance Leases	- -	17	15	19	21
+ Other LT Liabilities	19	3	7	6	7
+ Accrued Liabilities	2	3	7	6	7
+ Pension Liabilities	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -
+ Misc LT Liabilities	17	- -	- -	- -	- -
Total Noncurrent Liabilities	19	20	22	72	68
Total Liabilities	58	56	44	102	99
+ Preferred Equity and Hybrid Capital	- -	18	- -	- -	- -
+ Share Capital & APIC	55	52	95	125	131
+ Common Stock	1	- -	- -	- -	- -
+ Additional Paid in Capital	54	52	95	125	131
- Treasury Stock	1	- -	- -	- -	1
+ Retained Earnings	-42	-21	-6	-4	-7
+ Other Equity	- -	- -	- -	-2	1
Equity Before Minority Interest	11	49	89	120	123
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -
Total Equity	11	49	89	120	123
Total Liabilities & Equity	70	105	132	222	222
Shares Outstanding	30	30	30	35	35
Number of Employees	- -	- -	- -	- -	- -
Capital Leases - Total	- -	20	19	23	26
Net Debt	27	16	-6	48	42
Net Debt to Equity	244.76	32.58	-6.77	39.7	34.32
Tangible Common Equity Ratio	15.57	29.5	66.88	40.79	40.85
Current Ratio	0.61	1.11	2.08	2.2	2.11
Cash Conversion Cycle	- -	35.67	50.29	100	125.86

Cash Flow Statement (USD)

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	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
+ Net Income	2	21	15	3	-4
+ Depreciation & Amortization	22	20	20	24	27
+ Non-Cash Items	-19	-12	-4	-3	- -
+ Stock-Based Compensation	- -	- -	4	2	2
+ Deferred Income Taxes	-1	1	3	-1	-1
+ Asset Impairment Charge	- -	- -	- -	- -	3
+ Other Non-Cash Adj	-18	-14	-11	-5	-5
+ Chg in Non-Cash Work Cap	-5	-14	-8	-18	-4
+ (Inc) Dec in Accts Receiv	-9	-9	-1	-4	4
+ (Inc) Dec in Inventories	1	-1	-2	-4	1
+ (Inc) Dec in Prepaid Assets	- -	-3	- -	1	2
+ Inc (Dec) in Accts Payable	4	3	-1	-5	-6
+ Inc (Dec) in Other	- -	-4	-4	-5	-5
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -
Cash from Operating Activities	- -	14	23	6	20
+ Change in Fixed & Intang	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	15	22	20	15	14
+ Disp of Fixed Prod Assets	15	22	20	15	14
+ Disp of Intangible Assets	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-11	-25	-44	-23	-22
+ Acq of Fixed Prod Assets	-11	-25	-44	-23	-20
+ Acq of Intangible Assets	- -	- -	- -	- -	-2
+ Cash (Repurchase) of Equity	- -	- -	- -	- -	-1
+ Increase in Capital Stock	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	-1
+ Net Change in LT Investment	- -	- -	- -	1	- -
+ Dec in LT Investment	- -	- -	- -	1	- -
+ Inc in LT Investment	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	- -	- -	- -	-47	-6
+ Cash from Divestitures	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	-47	-6
+ Cash for JVs	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -
Cash from Investing Activities	3	-3	-24	-54	-13
+ Dividends Paid	- -	- -	- -	- -	- -
+ Net Cash From Debt	-4	-17	-14	49	-8
+ Cash From Debt	2	217	169	64	53
+ Repayments of Debt	-6	-234	-183	-15	-61
+ Other Financing Activities	1	8	18	-1	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -
Cash from Financing Activities	-3	-9	4	48	-9
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -
Net Changes in Cash	- -	2	4	- -	-3
EBITDA	15	45	46	37	36
EBITDA Margin (%)	19.96	34.72	30.2	24.12	22.62
Free Cash Flow	-12	-11	-20	-17	-2
Net Cash Paid for Acquisitions	- -	- -	- -	47	6
Free Cash Flow to Firm	- -	-10	-20	- -	- -
Free Cash Flow to Equity	- -	11	-32	47	6
Free Cash Flow per Basic Share	-0.99	-0.89	-0.95	-0.53	-0.05
Price/Free Cash Flow	17.79	5.21	1.2	3.65	2.08
Cash Flow to Net Income	-0.24	0.66	1.58	2.01	-5.3
Capital Expenditures	-11	-25	-44	-23	-22