Smart Sand, Inc. - Understand $snd stock

$SND Market Cap: $101.3 Million

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Financial Snapshot

Revenue

$282.0M

TTM

Gross Margin

11.69%

TTM

Net Earnings

-$5.530M

TTM

Current Assets

$64.75M

Q3 2024

Current Liabilities

$37.80M

Q3 2024

Current Ratio

171.29%

Q3 2024

Total Assets

$335.8M

Q3 2024

Total Liabilities

$92.26M

Q3 2024

Book Value

$243.6M

Q3 2024

Cash

$7.215M

Q3 2024

P/E

-18.32

Nov 29, 2024 EST

Free Cash Flow

$2.130M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	$296.0M	$255.7M	$126.6M	$122.3M	$233.1M	$212.5M	$137.2M	$59.23M	$47.70M	$3.972M
YoY Change	15.73%	101.93%	3.52%	-47.51%	9.7%	54.85%	131.66%	24.18%	1100.86%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	$296.0M	$255.7M	$126.6M	$122.3M	$233.1M	$212.5M	$137.2M	$59.23M	$47.70M	$3.972M
Cost Of Revenue	$254.4M	$226.1M	$140.4M	$104.2M	$152.0M	$143.1M	$100.3M	$26.57M	$21.00M	$29.90M
Gross Profit	$41.56M	$29.59M	-$15.91M	$18.12M	$81.05M	$69.37M	$36.91M	$32.66M	$26.70M	$38.20M
Gross Profit Margin	14.04%	11.57%	-12.56%	14.81%	34.78%	32.65%	26.9%	55.14%	55.97%	961.73%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Selling, General & Admin	$38.72M	$15.53M	$14.75M	$15.53M	$11.33M	$12.83M	$9.459M	$4.502M	$9.700M	$7.222M
YoY Change	149.3%	5.31%	-5.01%	37.07%	-11.67%	35.59%	110.11%	-53.59%	34.31%
% of Gross Profit	93.18%	52.49%		85.69%	13.98%	18.49%	25.63%	13.78%	36.34%	18.91%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$27.36M	$25.69M	$24.67M	$21.73M	$25.69M	$17.12M	$7.267M	$6.481M	$5.318M	$3.642M
YoY Change	6.49%	4.16%	13.54%	-15.43%	50.08%	135.54%	12.13%	21.87%	46.02%
% of Gross Profit	65.84%	86.83%		119.9%	31.69%	24.68%	19.69%	19.84%	19.92%	9.53%
Operating Expenses	$41.26M	$32.72M	$47.58M	$31.14M	$37.57M	$41.69M	$18.20M	$12.27M	$10.11M	$7.222M
YoY Change	26.09%	-31.23%	52.81%	-17.12%	-9.88%	129.02%	48.34%	21.35%	40.02%
Operating Profit	$298.0K	-$3.128M	-$63.49M	-$13.02M	$43.48M	$27.68M	$18.71M	$20.39M	$16.58M	$30.98M
YoY Change	-109.53%	-95.07%	387.71%	-129.94%	57.1%	47.98%	-8.27%	22.96%	-46.47%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Interest Expense	-$1.272M	-$1.608M	-$1.979M	-$2.091M	-$3.621M	-$2.266M	-$450.0K	-$2.862M	-$2.748M	-$7.800M
YoY Change	-20.9%	-18.75%	-5.36%	-42.25%	59.8%	403.56%	-84.28%	4.15%	-64.77%
% of Operating Profit	-426.85%				-8.33%	-8.19%	-2.41%	-14.04%	-16.57%	-25.18%
Other Income/Expense, Net	$524.0K	-$780.0K	$3.794M	$37.99M	-$4.051M	-$2.069M	$12.00K	$433.0K	-$7.464M	$400.0K
YoY Change	-167.18%	-120.56%	-90.01%	-1037.82%	95.8%	-17341.67%	-97.23%	-105.8%	-1966.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Pretax Income	-$2.252M	-$3.908M	-$59.69M	$24.97M	$39.43M	$25.61M	$18.72M	$19.77M	$9.119M	$17.10M
YoY Change	-42.37%	-93.45%	-339.01%	-36.67%	53.97%	36.83%	-5.34%	116.83%	-46.67%
Income Tax	-$6.901M	-$3.205M	-$9.017M	-$12.98M	$7.809M	$5.509M	-$2.809M	$9.394M	$4.129M	$9.500M
% Of Pretax Income				-51.97%	19.8%	21.51%	-15.01%	47.51%	45.28%	55.56%
Net Earnings	$4.649M	-$703.0K	-$50.67M	$37.95M	$31.62M	$20.10M	$21.53M	$10.38M	$4.990M	$7.556M
YoY Change	-761.31%	-98.61%	-233.51%	20.02%	57.32%	-6.62%	107.4%	108.0%	-33.96%
Net Earnings / Revenue	1.57%	-0.27%	-40.01%	31.02%	13.57%	9.46%	15.69%	17.52%	10.46%	190.23%
Basic Earnings Per Share	$0.12	-$0.02	-$1.21	$0.94	$0.79	$0.50	$0.54	$0.43	$0.23	$0.34
Diluted Earnings Per Share	$1.00	-$0.02	-$1.21	$0.94	$0.78	$0.50	$0.53	$0.42	$0.19	$0.29

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Cash & Short-Term Investments	$6.072M	$5.510M	$25.59M	$11.70M	$2.600M	$1.500M	$34.70M	$46.60M	$3.900M	$800.0K
YoY Change	10.2%	-78.47%	118.7%	350.0%	73.33%	-95.68%	-25.54%	1094.87%	387.5%
Cash & Equivalents	$6.072M	$5.510M	$25.59M	$11.70M	$2.600M	$1.500M	$34.70M	$46.60M	$3.900M	$800.0K
Short-Term Investments
Other Short-Term Assets	$2.404M	$4.117M	$9.067M	$11.40M	$4.400M	$3.200M	$4.300M	$2.400M	$1.500M	$3.900M
YoY Change	-41.61%	-54.59%	-20.46%	159.09%	37.5%	-25.58%	79.17%	60.0%	-61.54%
Inventory	$26.82M	$20.19M	$15.02M	$19.10M	$21.40M	$18.60M	$9.500M	$10.30M	$5.000M	$8.600M
Prepaid Expenses
Receivables	$25.79M	$35.83M	$19.37M	$69.80M	$63.70M	$26.80M	$24.60M	$5.700M	$6.000M	$8.600M
Other Receivables	$813.0K	$2.476M	$4.819M	$0.00	$0.00	$0.00	$0.00	$100.0K	$0.00	$200.0K
Total Short-Term Assets	$61.90M	$68.11M	$73.86M	$112.1M	$92.20M	$50.10M	$73.20M	$65.00M	$16.50M	$22.20M
YoY Change	-9.12%	-7.78%	-34.11%	21.58%	84.03%	-31.56%	12.62%	293.94%	-25.68%
Property, Plant & Equipment	$278.4M	$284.9M	$292.3M	$306.8M	$258.6M	$248.4M	$171.8M	$104.1M	$108.9M	$85.80M
YoY Change	-2.3%	-2.52%	-4.73%	18.64%	4.11%	44.59%	65.03%	-4.41%	26.92%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$163.0K	$303.0K	$402.0K	$600.0K	$3.500M	$3.700M	$1.900M	$4.300M	$7.200M	$1.700M
YoY Change	-46.2%	-24.63%	-33.0%	-82.86%	-5.41%	94.74%	-55.81%	-40.28%	323.53%
Total Long-Term Assets	$284.4M	$291.9M	$300.2M	$315.6M	$271.2M	$270.2M	$173.6M	$108.5M	$116.1M	$87.40M
YoY Change	-2.57%	-2.75%	-4.89%	16.37%	0.37%	55.65%	60.0%	-6.55%	32.84%
Total Assets	$346.3M	$360.0M	$374.0M	$427.7M	$363.4M	$320.3M	$246.8M	$173.5M	$132.6M	$109.6M
YoY Change
Accounts Payable	$16.04M	$14.44M	$8.479M	$3.300M	$4.000M	$11.30M	$26.10M	$1.700M	$1.200M	$2.000M
YoY Change	11.13%	70.24%	156.94%	-17.5%	-64.6%	-56.7%	1435.29%	41.67%	-40.0%
Accrued Expenses	$20.70M	$24.34M	$23.10M	$20.20M	$21.70M	$8.400M	$7.600M	$2.400M	$3.300M	$6.400M
YoY Change	-14.98%	5.36%	14.37%	-6.91%	158.33%	10.53%	216.67%	-27.27%	-48.44%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$15.71M	$6.183M	$7.127M	$6.900M	$6.200M	$800.0K	$900.0K	$1.000M	$1.800M	$500.0K
YoY Change	154.1%	-13.25%	3.29%	11.29%	675.0%	-11.11%	-10.0%	-44.44%	260.0%
Total Short-Term Liabilities	$54.47M	$51.92M	$48.55M	$37.30M	$40.00M	$24.70M	$34.60M	$13.70M	$48.60M	$8.900M
YoY Change	4.91%	6.94%	30.16%	-6.75%	61.94%	-28.61%	152.55%	-71.81%	446.07%
Long-Term Debt	$3.449M	$9.807M	$15.35M	$22.40M	$28.20M	$47.90M	$0.00	$900.0K	$64.60M	$90.30M
YoY Change	-64.83%	-36.12%	-31.46%	-20.57%	-41.13%		-100.0%	-98.61%	-28.46%
Other Long-Term Liabilities	$34.02M	$36.57M	$46.52M	$46.20M	$25.20M	$20.50M	$9.000M	$1.400M	$1.200M	$1.800M
YoY Change	-6.98%	-21.39%	0.7%	83.33%	22.93%	127.78%	542.86%	16.67%	-33.33%
Total Long-Term Liabilities	$37.47M	$46.38M	$61.88M	$68.60M	$53.40M	$68.40M	$9.000M	$2.300M	$65.80M	$92.10M
YoY Change	-19.21%	-25.05%	-9.8%	28.46%	-21.93%	660.0%	291.3%	-96.5%	-28.56%
Total Liabilities	$104.0M	$116.5M	$132.9M	$138.9M	$117.8M	$110.9M	$56.80M	$31.00M	$128.8M	$112.0M
YoY Change	-10.73%	-12.29%	-4.35%	17.91%	6.22%	95.25%	83.23%	-75.93%	15.0%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Basic Shares Outstanding	38.95M shares	42.41M shares	41.78M shares	40.26M shares	40.14M shares	40.43M shares	40.21M shares	24.32M shares	22.11M	22.04M
Diluted Shares Outstanding	39.05M shares	42.41M shares	41.78M shares	40.26M shares	40.34M shares	40.45M shares	40.30M shares	24.58M shares	26.40M	26.24M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $101.29 Million

About Smart Sand, Inc.

Smart Sand, Inc. engages in supplying frac sand and related services. The company is headquartered in Yardley, Pennsylvania and currently employs 378 full-time employees. The company went IPO on 2016-11-04. The firm offers complete mine to wellsite proppant supply and logistics solutions to its frac sand customers. The firm produces Northern White sand, which is a sand used as proppant used to enhance hydrocarbon recovery rates in the hydraulic fracturing of oil and natural gas wells and for a variety of industrial applications. The company also offers proppant logistics solutions to its customers through its in-basin transloading terminals and its SmartSystems well-site proppant storage capabilities. Through its SmartSystems wellsite proppant storage solutions, it offers the SmartDepot and SmartDepotXL silo systems, SmartPath transloader, and its rapid deployment trailers. Its SmartDepot silos include passive and active dust suppression technology, along with the capability of a gravity-fed operation. The Company’s SmartPath transloader is a mobile sand transloading system.

Industry: Mining & Quarrying of Nonmetallic Minerals (No Fuels) Peers: Energy Services of America CORP Exterran Corp FORUM ENERGY TECHNOLOGIES, INC. GEOSPACE TECHNOLOGIES CORP GULF ISLAND FABRICATION INC KLX Energy Services Holdings, Inc. NATURAL GAS SERVICES GROUP INC Nine Energy Service, Inc. NCS Multistage Holdings, Inc. SCHLUMBERGER LIMITED/NV