earnings
confidence high
sentiment positive
materiality 0.85
Intrepid Potash Q1 net income $31.4M ($2.31/sh); adjusted EBITDA $50.2M, sales up 46% YoY
Intrepid Potash, Inc.
2022-Q1 EPS reported
$2.31
- Net income $31.4M ($2.31 EPS) vs $2.5M ($0.18) in Q1 2021; adjusted EBITDA $50.2M.
- Sales $104.4M, up 46% from $71.5M; gross margin $47.2M vs $9.1M.
- Potash avg realized price $703/ton (+149% YoY) despite 41% volume decline to 69k tons.
- Trio avg realized price $469/ton (+101% YoY); Trio gross margin $16.1M vs ($70k).
- Liquidity ~$154M ($80M cash, $74M revolver); no debt outstanding.