earnings
confidence high
sentiment neutral
materiality 0.70
Mammoth Energy Q4 2021 net loss $13.3M; rev $57.2M; adj EBITDA $17.2M; credit facility amended
MAMMOTH ENERGY SERVICES, INC.
- Q4 revenue $57.2M (-33% YoY); net loss $13.3M ($0.28 loss/share) vs $11.9M loss in Q4 2020.
- Full-year revenue $229.0M (-27% YoY); net loss $101.4M ($2.18 loss/share).
- Q4 adjusted EBITDA $17.2M vs $7.5M in Q4 2020; full-year adjusted EBITDA -$11.6M.
- Infrastructure revenue fell to $19.7M from $56.6M in Q4 2020 due to lower storm activity.
- On Feb 28, 2022, amended revolving credit facility relaxing covenants; as of Mar 2, availability $10.6M.