WLMS · Williams Industrial Services Group Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $83.34M | $103.47M | - | $56.69M | $56.06M | $69.56M | - | $73.35M | $91.57M | $60.85M |
| Cost of Revenue | $87.29M | $95.78M | - | $55.94M | $53.78M | $63.85M | - | $66.59M | $82.22M | $54.75M |
| Gross Profit | ($3.95M) | $7.69M | - | $749.0K | $2.28M | $5.71M | - | $6.76M | $9.35M | $6.10M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $5.98M | $5.93M | - | $6.66M | $6.29M | $6.07M | - | $4.25M | $6.37M | $6.31M |
| Total Operating Expenses | $6.20M | $6.12M | - | $7.04M | $6.74M | $6.47M | - | $4.57M | $6.65M | $6.56M |
| D&A | $43.0K | $55.0K | - | $61.0K | $46.0K | $66.0K | - | $50.0K | $46.0K | $41.0K |
| Operating Income | ($10.15M) | $1.57M | - | ($6.29M) | ($4.46M) | ($758.0K) | - | $2.20M | $2.70M | ($465.0K) |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | ($3.16M) | ($14.6K) | - | ($272.0K) | ($171.0K) | $229.0K | - | ($6.0K) | $77.0K | $185.0K |
| Net Income | ($56.10M) | ($193.0K) | - | $3.57M | ($4.72M) | ($2.04M) | - | $738.0K | $2.87M | ($1.68M) |
| EPS - Basic | ($2.10) | ($0.01) | - | $0.14 | ($0.18) | ($0.08) | - | $0.03 | $0.11 | ($0.07) |
| EPS - Diluted | ($2.10) | ($0.01) | - | $0.13 | ($0.18) | ($0.08) | - | $0.03 | $0.11 | ($0.07) |
Balance Sheet
| Line item | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $46.0K | $48.0K | $495.0K | $1.01M | $656.0K | $4.26M | $2.48M | $2.56M | $7.71M | $5.44M |
| Accounts Receivable | $20.73M | $33.09M | $31.03M | $37.34M | $33.27M | $33.57M | $35.20M | $39.49M | $30.75M | $29.26M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $11.48M | $7.29M | $12.04M | $11.73M | $10.94M | $16.42M | $12.17M | $8.44M | $7.92M | $5.37M |
| Current Assets | $33.11M | $57.55M | $51.07M | $59.57M | $58.69M | $62.22M | $61.89M | $66.85M | $59.31M | $54.16M |
| Total Assets | $40.83M | $114.46M | $108.50M | $116.22M | $115.20M | $117.70M | $116.15M | $121.15M | $113.62M | $108.22M |
| Current Liabilities | $35.33M | $52.23M | $50.07M | $49.80M | $44.01M | $42.87M | $41.03M | $47.41M | $41.06M | $38.49M |
| Long-term Debt | $30.88M | $27.16M | $23.36M | $21.81M | $30.13M | $30.23M | $30.33M | $30.43M | $30.53M | $30.63M |
| Total Liabilities | $72.16M | $89.83M | $84.10M | $81.82M | $84.55M | $83.29M | $79.69M | $86.00M | $79.95M | $77.91M |
| Stockholders' Equity | ($31.33M) | $24.63M | $24.40M | $34.40M | $30.65M | $34.41M | $36.46M | $35.14M | $33.67M | $30.30M |
| Retained Earnings | ($125.90M) | ($69.80M) | ($69.61M) | ($59.12M) | ($62.69M) | ($57.97M) | ($55.93M) | ($56.74M) | ($57.48M) | ($60.35M) |
Cash Flow
| Line item | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | ($2.80M) | - | - | - | $2.52M | - | - | - | ($3.12M) |
| Investing Cash Flow | - | $168.0K | - | - | - | - | - | - | - | ($56.0K) |
| Financing Cash Flow | - | $2.19M | - | - | - | ($939.0K) | - | - | - | ($5.0K) |
| CapEx | - | - | - | - | - | - | - | - | - | $56.0K |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | ($3.18M) |
Ratios
| Metric | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | -4.7% | 7.4% | - | 1.3% | 4.1% | 8.2% | - | 9.2% | 10.2% | 10.0% |
| Operating margin | -12.2% | 1.5% | - | -11.1% | -8.0% | -1.1% | - | 3.0% | 3.0% | -0.8% |
| EBITDA margin | -12.1% | 1.6% | - | -11.0% | -7.9% | -1.0% | - | 3.1% | 3.0% | -0.7% |
| Net margin | -67.3% | -0.2% | - | 6.3% | -8.4% | -2.9% | - | 1.0% | 3.1% | -2.8% |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | -5.2% |
| FCF / Net income | - | - | - | - | - | - | - | - | - | 1.89 |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 7.2% | 5.7% | - | 11.7% | 11.2% | 8.7% | - | 5.8% | 7.0% | 10.4% |
| Effective tax rate | - | - | - | -8.3% | - | - | - | -0.8% | 2.6% | - |
| Return on assets | -137.4% | -0.2% | - | 3.1% | -4.1% | -1.7% | - | 0.6% | 2.5% | -1.6% |
| Return on equity | 179.0% | -0.8% | - | 10.4% | -15.4% | -5.9% | - | 2.1% | 8.5% | -5.5% |
| Return on invested capital | - | 2.4% | - | -11.2% | -5.8% | -0.9% | - | 3.3% | 4.1% | -0.6% |
| Liquidity | ||||||||||
| Current ratio | 0.94 | 1.10 | 1.02 | 1.20 | 1.33 | 1.45 | 1.51 | 1.41 | 1.44 | 1.41 |
| Quick ratio | 0.94 | 1.10 | 1.02 | 1.20 | 1.33 | 1.45 | 1.51 | 1.41 | 1.44 | 1.41 |
| Cash ratio | 0.00 | 0.00 | 0.01 | 0.02 | 0.01 | 0.10 | 0.06 | 0.05 | 0.19 | 0.14 |
| Leverage | ||||||||||
| Debt / Equity | -0.99 | 1.10 | 0.96 | 0.63 | 0.98 | 0.88 | 0.83 | 0.87 | 0.91 | 1.01 |
| Debt / Assets | 0.76 | 0.24 | 0.22 | 0.19 | 0.26 | 0.26 | 0.26 | 0.25 | 0.27 | 0.28 |
| Debt / EBITDA | - | 16.70 | - | - | - | - | - | 13.55 | 11.10 | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | -1.30 | 4.65 | 4.45 | 3.38 | 3.76 | 3.42 | 3.19 | 3.45 | 3.37 | 3.57 |
| Liabilities / Assets | 1.77 | 0.78 | 0.78 | 0.70 | 0.73 | 0.71 | 0.69 | 0.71 | 0.70 | 0.72 |
| Efficiency | ||||||||||
| Asset turnover | 2.04 | 0.90 | - | 0.49 | 0.49 | 0.59 | - | 0.61 | 0.81 | 0.56 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 91d | 117d | - | 240d | 217d | 176d | - | 197d | 123d | 175d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 48d | 28d | - | 77d | 74d | 94d | - | 46d | 35d | 36d |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 48.7% | 48.8% | - | -22.7% | -38.8% | 14.3% | - | 10.7% | 26.2% | -8.0% |
| Revenue CAGR (3y) | 4.7% | 16.1% | - | -0.1% | -7.8% | 11.2% | - | 11.1% | 24.0% | 10.1% |
| Revenue CAGR (5y) | 11.7% | 17.8% | - | 2.3% | -8.3% | -0.5% | - | - | - | - |
| Gross profit growth (YoY) | - | 34.7% | - | -88.9% | -75.6% | -6.4% | - | -21.9% | -0.0% | -11.7% |
| Operating income growth (YoY) | -127.5% | - | - | - | - | -63.0% | - | -17.5% | -28.3% | - |
| Net income growth (YoY) | -1089.0% | 90.6% | - | 383.5% | - | -21.6% | - | -28.1% | 14.6% | -67.9% |
| EPS growth (YoY) | -1066.7% | 87.5% | - | 333.3% | - | -14.3% | - | -25.0% | 10.0% | -40.0% |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | -3.1% |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | -28.4% | -33.1% | -2.1% | -9.0% | 13.5% | 14.3% | 9.5% | 9.6% | 9.2% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-12-31.
Geographic
$304.95M totalUS$268.73M · 88.1%
CA$36.22M · 11.9%
Peer comparison
Same SIC group: Heavy Construction Other Than Bldg Const - Contractors
Comparing Williams Industrial Services Group Inc. against the 5 most active filers in the same SIC group.