Archrock completes TOPS acquisition; provides TOPS FY2023 revenue $108.7M, net income $9.6M

Archrock, Inc.

TOPS 2023 revenue $108.7M, up 83% YoY from $59.5M; net income $9.6M vs $7.0M in 2022.
TOPS total assets $636.8M as of Dec 31, 2023; property & equipment $547.4M net.
TOPS operating income $39.5M in 2023; interest expense $29.9M; long-term debt $422M.
Acquisition closed July 22, 2024; audited FY2023 and unaudited H1 2024 financials furnished.

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