REPX (REPX) financial statements
REPX reported revenue of $392M in fiscal 2025, up 63.5% a year over 9 years.
Net income was $161M and the operating margin 34.0%, against -17.0% in 2017.
The diluted share count rose 110% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from REPX's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5M | $6M | $5M | $77M | $3M | $151M | $322M | $375M | $410M | $392M |
| Cost of revenue | — | — | — | $503,000 | — | $477,000 | $450,000 | — | — | — |
| Gross profit | — | — | — | $76M | — | $151M | $321M | — | — | — |
| Selling, general and admin | $1M | $1M | $1M | — | $2M | — | — | — | — | — |
| Operating income | -$794,000 | $240,000 | -$505,000 | $7M | -$4M | $60M | $204M | $172M | $154M | $133M |
| Interest expense | $53,000 | $5,000 | $10,000 | $5M | $8,000 | $5M | $1M | $32M | $34M | $31M |
| Pre-tax income | -$845,000 | $425,000 | -$464,000 | $36M | -$4M | -$34M | $151M | $146M | $117M | $209M |
| Income tax | -$242,000 | -$17,000 | -$28,000 | $718,000 | — | $13M | $33M | $34M | $28M | $48M |
| Net income | -$574,000 | $2M | -$436,000 | $35M | -$4M | -$66M | $118M | $112M | $89M | $161M |
| EPS (diluted) | -$0.06 | — | -$0.49 | $2.13 | -$4.10 | -$4.19 | $5.99 | $5.58 | $4.26 | $7.59 |
| Diluted shares | 10M | 11M | 1M | 17M | 1M | 16M | 20M | 20M | 21M | 21M |
| Gross margin | — | — | — | 99.3% | — | 99.7% | 99.9% | — | — | — |
| Operating margin | -17.0% | 4.1% | -10.3% | 9.5% | -125.6% | 39.6% | 63.3% | 45.8% | 37.5% | 34.0% |
| Net margin | -12.3% | 26.7% | -8.9% | 45.7% | -120.1% | -43.5% | 36.7% | 29.8% | 21.7% | 41.0% |
Balance sheet
Fiscal years, from REPX's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $185,000 | $3M | $3M | $2M | $2M | $17M | $13M | $15M | $13M | $18M |
| Receivables | $517,000 | $533,000 | $557,000 | $10M | $294,000 | $17M | $26M | $35M | $44M | $41M |
| Inventory | $541,000 | $464,000 | $415,000 | $302,000 | $361,000 | — | $9M | $6M | $6M | $8M |
| Total current assets | $1M | $4M | $4M | $32M | $2M | $37M | $51M | $63M | $68M | $94M |
| Property, plant and equipment | $135,000 | $190,000 | $149,000 | $2M | $102,000 | $3M | $20M | $21M | $30M | $22M |
| Total assets | $8M | $9M | $9M | $351M | $5M | $388M | $515M | $946M | $994M | $1.2B |
| Total current liabilities | $611,000 | $548,000 | $610,000 | $19M | $601,000 | $84M | $76M | $94M | $123M | $157M |
| Long-term debt | $49,000 | $73,000 | — | $65,000 | — | — | $56M | $336M | $249M | $228M |
| Total liabilities | $3M | $3M | $3M | $124M | $3M | $167M | $182M | $524M | $483M | $535M |
| Shareholders' equity | $5M | $7M | $6M | $0 | $0 | $222M | $333M | $422M | $511M | $634M |
| Net debt | -$95,000 | -$3M | -$3M | -$1M | -$2M | -$17M | $43M | $341M | $256M | $230M |
Cash flow
Fiscal years, from REPX's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $154,000 | $1M | $226,000 | $63M | -$2M | $86M | $170M | $207M | $246M | $213M |
| Stock-based compensation | $14,000 | $23,000 | $17,000 | $0 | $14,000 | $6M | $4M | $7M | $8M | $9M |
| Dividends paid | — | — | — | $15M | — | $18M | $25M | $28M | $31M | $33M |
| Net borrowing | -$3M | -$142,000 | -$53,000 | — | -$41,000 | — | — | — | — | — |
| Dividends per share | — | — | — | $0.93 | — | $1.14 | $1.27 | $1.39 | $1.48 | $1.57 |
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What was REPX's revenue in 2025?
$392M in fiscal 2025, from its 10-K filing.
From REPX's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.