Financials in USD. Standardized financial statements.
A compact view of how Lake Area Corn Processors, LLC turns revenue into operating income and net income.
| Metric | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $280.44M | $282.56M | $258.99M | $130.52M | $115.99M | $74.70M | $84.82M | $88.81M | $89.00M | $124.47M |
| Revenue Growth? | -0.8% | +9.1% | +98.4% | +12.5% | +55.3% | -11.9% | -4.5% | -0.2% | -28.5% | 0.0% |
| Cost of Revenue? | $237.87M | $250.72M | $223.63M | $122.87M | $113.78M | $68.62M | $76.25M | $76.10M | $81.45M | $89.07M |
| Gross Profit? | $42.57M | $31.84M | $35.35M | $7.66M | $2.21M | $6.08M | $8.57M | $12.71M | $7.55M | $35.40M |
| Gross Margin? | +15.2% | +11.3% | +13.7% | +5.9% | +1.9% | +8.1% | +10.1% | +14.3% | +8.5% | +28.4% |
| Operating Expenses? | $5.83M | $4.95M | $5.43M | $4.42M | $4.06M | $3.84M | $3.72M | $3.64M | $1.83M | $3.55M |
| Operating Income? | $36.74M | $26.89M | $29.92M | $3.24M | -$1.85M | $2.25M | $4.85M | $9.07M | $5.72M | $31.85M |
| EBITDA? | $48.45M | $32.45M | $57.82M | $8.17M | $2.33M | $5.89M | $9.36M | $14.78M | $12.03M | $42.94M |
| Income Before Tax | $42.38M | $27.30M | $57.09M | $1.06M | -$3.82M | $2.72M | $6.39M | $11.41M | $8.65M | $39.81M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income? | $42.38M | $27.30M | $57.09M | $1.06M | -$3.82M | $2.72M | $6.39M | $11.41M | $8.65M | $39.81M |
| EPS? | $1.43 | $0.92 | $1.93 | $0.04 | $-0.13 | $0.09 | $0.22 | $0.39 | $0.29 | $1.34 |
| Diluted EPS? | $1.43 | $0.92 | $1.93 | $0.04 | $-0.13 | $0.09 | $0.22 | $0.39 | $0.29 | $1.34 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality