other material
confidence high
sentiment positive
materiality 0.65
Pre-Merger Innovex audited financials show 2023 rev $555.5M, net income $73.9M, accounting acquirer
Innovex International, Inc.
- Revenue grew to $555.5M in 2023 (18.9% YoY) from $467.2M in 2022 and $294.8M in 2021.
- Net income $73.9M ($4.60 diluted EPS) in 2023 vs $63.3M ($4.05) in 2022 and $9.9M ($0.68) in 2021.
- Income from operations increased to $97.4M in 2023 from $76.6M in 2022.
- Total assets $475.3M, equity $328.9M as of Dec 31, 2023.
- Unaudited pro forma combined financials as of June 30, 2024 included.