$PHX
PHX MINERALS INC.

2017 Q4 Form 10-Q Financial Statement

#000156459018001699 Filed on February 08, 2018

View on sec.gov

Income Statement

Concept 2017 Q4 2016 Q4 2016 Q3
Revenue $12.49M $7.037M $10.16M
YoY Change 77.51% -38.52% -24.5%
Cost Of Revenue $4.120M $3.420M $3.640M
YoY Change 20.47% -12.08% -20.18%
Gross Profit $8.870M $6.330M $5.760M
YoY Change 40.13% -16.82% -8.13%
Gross Profit Margin 71.01% 89.96% 56.7%
Selling, General & Admin $1.890M $1.840M $2.010M
YoY Change 2.72% -4.66% 2.03%
% of Gross Profit 21.31% 29.07% 34.9%
Research & Development $0.00
YoY Change -100.0%
% of Gross Profit 0.0%
Depreciation & Amortization $5.276M $4.834M $5.530M
YoY Change 9.13% -30.52% -9.93%
% of Gross Profit 59.48% 76.37% 96.01%
Operating Expenses $7.160M $6.670M $7.680M
YoY Change 7.35% -47.27% -19.83%
Operating Profit $1.710M -$340.0K -$1.920M
YoY Change -602.94% -93.25% -41.99%
Interest Expense $431.6K $292.4K $450.0K
YoY Change 47.61% -18.91% -75.14%
% of Operating Profit 25.24%
Other Income/Expense, Net
YoY Change
Pretax Income $1.075M -$3.345M $913.2K
YoY Change -132.13% -35.26% -207.6%
Income Tax -$12.71M -$1.107M $180.0K
% Of Pretax Income -1182.39% 19.71%
Net Earnings $13.78M -$2.238M $737.2K
YoY Change -715.84% -20.03% -183.05%
Net Earnings / Revenue 110.36% -31.81% 7.26%
Basic Earnings Per Share
Diluted Earnings Per Share $813.0K -$134.9K $41.95K
COMMON SHARES
Basic Shares Outstanding 16.60M
Diluted Shares Outstanding

Balance Sheet

Concept 2017 Q4 2016 Q4 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $600.0K $500.0K $500.0K
YoY Change 20.0% -66.67% -16.67%
Cash & Equivalents $568.4K $485.0K $471.2K
Short-Term Investments
Other Short-Term Assets $300.0K $273.4K $419.0K
YoY Change 9.73% -81.77% 66.27%
Inventory
Prepaid Expenses
Receivables $7.400M $5.527M $5.287M
Other Receivables $400.0K $400.0K $100.0K
Total Short-Term Assets $8.700M $6.383M $6.261M
YoY Change 36.29% -29.85% -54.58%
LONG-TERM ASSETS
Property, Plant & Equipment $195.4M $190.0M $191.4M
YoY Change 2.84% -11.87% -14.09%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $200.0K $200.0K $200.0K
YoY Change 0.0% 0.0% -90.91%
Other Assets
YoY Change
Total Long-Term Assets $195.6M $190.1M $191.6M
YoY Change 2.87% -11.89% -14.88%
TOTAL ASSETS
Total Short-Term Assets $8.700M $6.383M $6.261M
Total Long-Term Assets $195.6M $190.1M $191.6M
Total Assets $204.3M $196.5M $197.8M
YoY Change 3.96% -12.62% -17.17%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.100M $3.457M $2.352M
YoY Change -68.18% 44.05% 15.92%
Accrued Expenses $1.800M $2.000M $1.700M
YoY Change -10.0% 33.33% 30.77%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.200M $8.360M $4.474M
YoY Change -61.72% 44.14% 33.16%
LONG-TERM LIABILITIES
Long-Term Debt $50.40M $44.10M $44.50M
YoY Change 14.29% -22.63% -31.54%
Other Long-Term Liabilities $3.200M $3.000M $3.000M
YoY Change 6.67% 3.45% 7.14%
Total Long-Term Liabilities $53.60M $44.10M $44.50M
YoY Change 21.54% -26.38% -31.54%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.200M $8.360M $4.474M
Total Long-Term Liabilities $53.60M $44.10M $44.50M
Total Liabilities $75.10M $52.46M $48.97M
YoY Change 43.16% -48.42% -28.36%
SHAREHOLDERS EQUITY
Retained Earnings $108.9M $112.5M
YoY Change -10.33%
Common Stock $2.757M $3.472M
YoY Change 6.05%
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.677M $4.166M
YoY Change -13.22%
Treasury Stock Shares $223.7K $262.7K
Shareholders Equity $129.2M $111.5M $115.2M
YoY Change
Total Liabilities & Shareholders Equity $204.3M $196.5M $197.8M
YoY Change 3.96% -12.62% -17.17%

Cashflow Statement

Concept 2017 Q4 2016 Q4 2016 Q3
OPERATING ACTIVITIES
Net Income $13.78M -$2.238M $737.2K
YoY Change -715.84% -20.03% -183.05%
Depreciation, Depletion And Amortization $5.276M $4.834M $5.530M
YoY Change 9.13% -30.52% -9.93%
Cash From Operating Activities $7.199M $3.680M $2.090M
YoY Change 95.61% -51.9% -79.65%
INVESTING ACTIVITIES
Capital Expenditures -$4.980M -$2.170M -$630.0K
YoY Change 129.49% 68.22% -91.24%
Acquisitions
YoY Change
Other Investing Activities $560.0K -$20.00K $3.870M
YoY Change -2900.0% -100.59% -272.77%
Cash From Investing Activities -$4.422M -$2.190M $3.250M
YoY Change 101.91% -205.29% -134.5%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $272.1K $407.7K
YoY Change -33.26% 247.95%
Debt Paid & Issued, Net $10.09M $4.836M
YoY Change 108.73% -55.87%
Cash From Financing Activities -2.766M -1.480M -5.370M
YoY Change 86.91% -83.24% 358.97%
NET CHANGE
Cash From Operating Activities 7.199M 3.680M 2.090M
Cash From Investing Activities -4.422M -2.190M 3.250M
Cash From Financing Activities -2.766M -1.480M -5.370M
Net Change In Cash 10.64K 10.00K -30.00K
YoY Change 6.36% -98.89% -90.62%
FREE CASH FLOW
Cash From Operating Activities $7.199M $3.680M $2.090M
Capital Expenditures -$4.980M -$2.170M -$630.0K
Free Cash Flow $12.18M $5.850M $2.720M
YoY Change 108.18% -34.56% -84.42%

Facts In Submission

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DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateralNonCurrent
9439
CY2017Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
-269870
CY2017Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Purchases Sales Issues Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPurchasesSalesIssuesSettlements
95149
CY2017Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
-23168

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