Detail akcie Smart Sand Rg online

Business Summary: Smart Sand, Inc. is a fully integrated frac and industrial sand supply and services company. The Company offers complete mine to wellsite proppant supply and logistics solutions to its frac sand customers. The Company produces Northern White sand, which is a sand used as proppant used to enhance hydrocarbon recovery rates in the hydraulic fracturing of oil and natural gas wells and for a variety of industrial applications. It also offers proppant logistics solutions to its customers through its in-basin transloading terminals and its SmartSystems well-site proppant storage capabilities. Through its SmartSystems wellsite proppant storage solutions, it offers the SmartDepot and SmartDepotXL silo systems, SmartPath transloader, and its rapid deployment trailers. Its SmartDepot silos include passive and active dust suppression technology, along with the capability of a gravity-fed operation. The Company’s SmartPath transloader is a mobile sand transloading system.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Smart Sand Inc revenues increased 16% to $296M. Net income totaled $4.6M vs. loss of $703K. Revenues reflect Sand sales revenue segment increase of 16% to $283.2M, Logistics revenue segment increase of 12% to $8.5M. Net Income reflects Interest expense, net - Balancing value decrease of 30% to $907K (expense), Bad debt expense decrease from $1K (expense) to $0K.