LandBridge Company LLC

LBLandBridge Company LLC US flag

New York Stock Exchange

73.19

USD

+2.83

- -

5.64BMarket Cap

Income Statement (USD)

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	2022 Y	2023 Y	2024 Y	2025 Y
Sales/Revenue/Turnover	52	73	110	199
+ Sales & Services Revenue	52	73	110	199
- Cost of Revenue	11	12	11	13
+ Cost of Goods & Services	11	12	11	13
Gross Profit	41	61	99	186
+ Other Operating Income	- -	- -	- -	- -
- Operating Expenses	44	-9	115	67
+ Selling, General & Admin	42	-12	112	62
+ Research & Development	- -	- -	- -	- -
+ Other Operating Expense	3	3	3	5
Operating Income (Loss)	-3	70	-17	118
- Non-Operating (Income) Loss	3	6	23	37
+ Interest Expense, Net	3	7	23	33
+ Interest Expense	3	7	23	33
- Interest Income	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	- -	-1	- -	4
Pretax Income	-6	64	-40	81
- Income Tax Expense (Benefit)	- -	- -	2	9
- (Income) Loss from Affiliates	- -	- -	- -	- -
Income (Loss) from Cont Ops	-6	63	-41	72
- Net Extraordinary Losses (Gains)	- -	46	-46	85
+ Discontinued Operations	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	46	-46	85
Income (Loss) Incl. MI	-6	17	5	-12
- Minority Interest	- -	-46	- -	-42
Net Income, GAAP	-6	63	5	30
- Preferred Dividends	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-6	63	5	30
EBIT	-3	70	-17	118
EBITDA	3	79	-8	130
EBITDA Margin (%)	6.74	108.11	-6.94	65.28
EBITA	-3	70	-17	118
Gross Margin (%)	79.6	83.25	90.01	93.22
Operating Margin (%)	-6.24	96.08	-15.02	59.52
Profit Margin (%)	-12.29	86.7	4.65	15.13
Sales per Employee	- -	- -	- -	- -
Dividend per Share	0.08	7.25	7.66	2.29
Depreciation Expense	7	9	9	11
Basic Weighted Avg Shares	14	14	23	28
Basic EPS, GAAP	-0.44	4.36	0.22	1.08
Basic EPS from Cont Ops	-0.44	4.36	-1.78	2.6
Diluted Weighted Avg Shares	14	14	23	28
Diluted EPS, GAAP	-0.44	4.36	0.22	1.08
Diluted EPS from Cont Ops	-0.44	4.36	-1.78	2.6

Balance Sheet (USD)

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	2022 Y	2023 Y	2024 Y	2025 Y
Total Current Assets	37	52	53	60
+ Cash, Cash Equivalents & STI	16	38	37	31
+ Cash & Cash Equivalents	16	38	37	31
+ ST Investments	- -	- -	- -	- -
+ Accounts & Notes Receiv	11	13	15	24
+ Accounts Receivable, Net	11	12	13	19
+ Notes Receivable, Net	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -
+ Other Receivable, Net	- -	1	2	5
+ Inventories	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -
+ Other ST Assets	10	1	2	5
+ Misc ST Assets	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -
Total Noncurrent Assets	239	237	979	1,306
+ Property, Plant & Equip, Net	207	203	903	1,084
+ Property, Plant & Equip	212	215	920	1,108
- Accumulated Depreciation	5	12	18	24
+ LT Investments & Receivables	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -
+ Other LT Assets	31	34	76	222
+ Total Intangible Assets	31	29	45	137
+ Goodwill	- -	- -	- -	- -
+ Other Intangible Assets	31	29	45	137
+ LT Deferred Tax Assets	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -
+ Misc LT Assets	1	5	31	85
Total Assets	276	289	1,032	1,366
+ Payables & Accruals	4	6	11	10
+ Accounts Payable	- -	- -	- -	1
+ Accrued Taxes	- -	1	3	2
+ Interest & Dividends Payable	- -	- -	- -	- -
+ Other Payables & Accruals	3	5	7	8
+ ST Debt	12	20	- -	1
+ ST Borrowings	12	20	- -	1
+ ST Finance Leases	- -	- -	- -	- -
+ Other ST Liabilities	2	1	3	1
+ Deferred Revenue	1	- -	1	1
+ Derivatives & Hedging	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -
+ Misc ST Liabilities	- -	- -	2	- -
Total Current Liabilities	17	27	14	12
+ LT Debt	46	108	381	560
+ LT Borrowings	46	108	381	560
+ LT Finance Leases	- -	- -	- -	- -
+ Other LT Liabilities	3	3	- -	- -
+ Accrued Liabilities	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -
+ Misc LT Liabilities	3	3	- -	- -
Total Noncurrent Liabilities	49	111	381	560
Total Liabilities	66	138	395	572
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -
+ Share Capital & APIC	- -	- -	- -	- -
+ Common Stock	- -	- -	- -	- -
+ Additional Paid in Capital	- -	- -	- -	- -
- Treasury Stock	- -	- -	- -	- -
+ Retained Earnings	- -	- -	3	23
+ Other Equity	- -	- -	- -	- -
Equity Before Minority Interest	210	151	212	340
+ Minority/Non Controlling Interest	- -	- -	425	454
Total Equity	210	151	637	794
Total Liabilities & Equity	276	289	1,032	1,366
Shares Outstanding	14	14	23	28
Number of Employees	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -
Net Debt	41	91	344	530
Net Debt to Equity	19.75	60.27	54.03	66.69
Tangible Common Equity Ratio	73.05	46.91	59.95	53.46
Current Ratio	2.17	1.93	3.7	4.87
Cash Conversion Cycle	- -	54.76	29.93	15.04

Cash Flow Statement (USD)

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	2022 Y	2023 Y	2024 Y	2025 Y
+ Net Income	-6	63	-41	72
+ Depreciation & Amortization	7	9	9	11
+ Non-Cash Items	36	-17	97	56
+ Stock-Based Compensation	36	-17	95	45
+ Deferred Income Taxes	- -	- -	- -	4
+ Asset Impairment Charge	- -	- -	- -	- -
+ Other Non-Cash Adj	- -	- -	2	7
+ Chg in Non-Cash Work Cap	-16	-2	4	-14
+ (Inc) Dec in Accts Receiv	-6	-2	1	-10
+ (Inc) Dec in Inventories	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	1
+ Inc (Dec) in Accts Payable	-11	- -	3	-5
+ Inc (Dec) in Other	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -
Cash from Operating Activities	20	53	68	126
+ Change in Fixed & Intang	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	- -	- -	- -
+ Acq of Fixed Prod Assets	- -	- -	- -	- -
+ Acq of Intangible Assets	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	618	- -
+ Increase in Capital Stock	- -	- -	618	- -
+ Decrease in Capital Stock	- -	- -	- -	- -
+ Net Change in LT Investment	- -	- -	- -	- -
+ Dec in LT Investment	- -	- -	- -	- -
+ Inc in LT Investment	- -	- -	- -	- -
+ Net Cash From Acq & Div	-8	- -	-723	-229
+ Cash from Divestitures	- -	- -	- -	- -
+ Cash for Acq of Subs	-8	- -	-723	-229
+ Cash for JVs	- -	- -	- -	- -
+ Other Investing Activities	-3	-3	-1	-4
+ Net Cash From Disc Ops	- -	- -	- -	- -
Cash from Investing Activities	-12	-3	-724	-233
+ Dividends Paid	-1	-105	-178	-64
+ Net Cash From Debt	-6	72	255	184
+ Cash From Debt	- -	150	418	784
+ Repayments of Debt	-6	-78	-163	-599
+ Other Financing Activities	11	-5	-38	-20
+ Net Cash From Disc Ops	- -	- -	- -	- -
Cash from Financing Activities	3	-38	656	101
Effect of Foreign Exchange Rates	- -	- -	- -	- -
Net Changes in Cash	12	12	-1	-6
EBITDA	3	79	-8	130
EBITDA Margin (%)	6.74	108.11	-6.94	65.28
Free Cash Flow	20	53	68	126
Net Cash Paid for Acquisitions	8	- -	723	229
Free Cash Flow to Firm	- -	60	- -	155
Free Cash Flow to Equity	- -	125	322	311
Free Cash Flow per Basic Share	1.41	3.66	2.91	4.54
Price/Free Cash Flow	- -	- -	22.21	10.8
Cash Flow to Net Income	-3.22	0.84	13.24	4.19
Capital Expenditures	- -	- -	- -	- -