Financhill
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23

BWEFF Quote, Financials, Valuation and Earnings

Last price:
$3.59
Seasonality move :
13.76%
Day range:
$3.59 - $3.59
52-week range:
$2.00 - $5.25
Dividend yield:
0%
P/E ratio:
3.82x
P/S ratio:
0.93x
P/B ratio:
0.94x
Volume:
--
Avg. volume:
413
1-year change:
79.25%
Market cap:
$925.2M
Revenue:
$783.9M
EPS (TTM):
$0.94
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $126.1M $228.4M $252.1M $443.2M $783.9M
Revenue Growth (YoY) -55.35% 81.13% 10.38% 75.8% 76.87%
 
Cost of Revenues $144.2M $186.4M $185M $357.4M $502.1M
Gross Profit -$18.1M $42M $67.1M $85.8M $281.8M
Gross Profit Margin -14.35% 18.39% 26.62% 19.36% 35.95%
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- $27.6M
Other Inc / (Exp) -- -- -- -- --
Operating Expenses -- -- -- $500K $27.6M
Operating Income -$18.1M $42M $67.1M $85.3M $254.2M
 
Net Interest Expenses $12.6M $12.5M $17M $24.9M $52M
EBT. Incl. Unusual Items -$12.2M $88.8M $83.8M $122.5M $230.1M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $28.9M $36.8M $38.8M $41.5M $64.2M
Net Income to Company -$12.2M $88.8M $83.8M $122.5M $230.1M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$41.1M $52M $45M $81M $165.9M
 
Basic EPS (Cont. Ops) -$0.18 $0.20 $0.17 $0.31 $0.64
Diluted EPS (Cont. Ops) -$0.18 $0.20 $0.17 $0.31 $0.63
Weighted Average Basic Share $228M $256.6M $258M $258M $258M
Weighted Average Diluted Share $228M $257.3M $258M $258M $263.7M
 
EBITDA $53.3M $104.8M $128.7M $190M $446.1M
EBIT -$18.1M $42M $67.1M $85.3M $254.2M
 
Revenue (Reported) $126.1M $228.4M $252.1M $443.2M $783.9M
Operating Income (Reported) -$18.1M $42M $67.1M $85.3M $254.2M
Operating Income (Adjusted) -$18.1M $42M $67.1M $85.3M $254.2M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue -- $83.5M $97.1M $206.8M $199.6M
Revenue Growth (YoY) -- 54.34% 16.29% 112.98% -3.48%
 
Cost of Revenues -- $50M $61.8M $137M $155.3M
Gross Profit -- $33.5M $35.3M $69.8M $44.3M
Gross Profit Margin -- 40.12% 36.35% 33.75% 22.19%
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) -- -- -- -- --
Operating Expenses -- -- -- -- --
Operating Income -- $33.5M $35.3M $69.8M $44.3M
 
Net Interest Expenses -- $3.7M $9.8M $10.8M $3.8M
EBT. Incl. Unusual Items -- $43.3M $17.5M $65.3M $35.5M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- $9.5M $17M $17.3M $15.4M
Net Income to Company -- -- $17.3M -- $37M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -- $33.8M $500K $48M $20.1M
 
Basic EPS (Cont. Ops) -- $0.13 $0.00 $0.19 $0.08
Diluted EPS (Cont. Ops) -- $0.13 $0.00 $0.19 $0.08
Weighted Average Basic Share -- $258M $258M $258M $258.1M
Weighted Average Diluted Share -- $258M $258M $258M $258.1M
 
EBITDA -- $49.6M $59.7M $121.4M $96M
EBIT -- $33.5M $35.3M $69.8M $44.3M
 
Revenue (Reported) -- $83.5M $97.1M $206.8M $199.6M
Operating Income (Reported) -- $33.5M $35.3M $69.8M $44.3M
Operating Income (Adjusted) -- $33.5M $35.3M $69.8M $44.3M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue -- $410M $331M $797.9M $997.8M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- $241.2M $258.2M $531.4M $631.9M
Gross Profit -- $168.8M $72.8M $266.5M $365.9M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) -- -- -- -- --
Operating Expenses -- -- -- -- --
Operating Income -- $168.8M $72.8M $266.5M $365.9M
 
Net Interest Expenses -- $13M $26.6M $22.9M $37.8M
EBT. Incl. Unusual Items -- $162.2M $33.7M $246.3M $326.4M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- $38.5M $40.8M $56.3M $84.2M
Net Income to Company -- -- -- -- --
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -- $123.8M -$7.2M $190.1M $242.1M
 
Basic EPS (Cont. Ops) -- $0.48 -$0.03 $0.73 $0.94
Diluted EPS (Cont. Ops) -- $0.48 -$0.03 $0.73 $0.94
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA -- $243M $145.9M $439.5M $602.7M
EBIT -- $168.8M $72.8M $266.5M $365.9M
 
Revenue (Reported) -- $410M $331M $797.9M $997.8M
Operating Income (Reported) -- $168.8M $72.8M $266.5M $365.9M
Operating Income (Adjusted) -- $168.8M $72.8M $266.5M $365.9M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $143.9M $216.6M $260.1M $557.7M $764.3M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $97.3M $114.7M $205.5M $372.1M $482.9M
Gross Profit $46.6M $101.9M $54.6M $185.6M $281.4M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) -- -- -- -- --
Operating Expenses -- -- -- -- --
Operating Income $46.6M $101.9M $54.6M $185.6M $281.4M
 
Net Interest Expenses $6.4M $6.8M $21.7M $22.8M $21.4M
EBT. Incl. Unusual Items $42.1M $89.2M $33.6M $157.3M $253.6M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $19M $19.7M $32.7M $47.5M $67.4M
Net Income to Company -- -- $17.3M -- $37M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $23.3M $69.4M $800K $109.9M $186.1M
 
Basic EPS (Cont. Ops) $0.09 $0.27 $0.00 $0.43 $0.72
Diluted EPS (Cont. Ops) $0.09 $0.27 $0.00 $0.43 $0.72
Weighted Average Basic Share $516M $516M $774M $774M $516.1M
Weighted Average Diluted Share $516M $516M $774M $774M $516.1M
 
EBITDA $81.2M $137.2M $110.8M $311.8M $461.1M
EBIT $46.6M $101.9M $54.6M $185.6M $281.4M
 
Revenue (Reported) $143.9M $216.6M $260.1M $557.7M $764.3M
Operating Income (Reported) $46.6M $101.9M $54.6M $185.6M $281.4M
Operating Income (Adjusted) $46.6M $101.9M $54.6M $185.6M $281.4M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $120.6M $150.9M $210.8M $194.2M $221.8M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net $34.3M $44.8M $6.4M $10.4M $11.8M
Inventory $8.4M $7.4M $11.5M $33.5M $56.7M
Prepaid Expenses $2.2M $1.7M $2.4M $9.6M $6.6M
Other Current Assets -- -- -- -- --
Total Current Assets $183.6M $230.1M $240.4M $280M $350M
 
Property Plant And Equipment $466M $548.5M $753M $1.2B $1.2B
Long-Term Investments -- $2.1M $9.2M $100K $35.2M
Goodwill -- -- -- -- --
Other Intangibles $6.1M $69.7M $63.1M $86.3M $82.9M
Other Long-Term Assets $3.3M $1.5M $600K $34.2M $30.2M
Total Assets $763.1M $957.5M $1.2B $1.7B $2B
 
Accounts Payable $11.6M $13.2M $18.4M $42M $76.9M
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations $19.1M $19.6M $68.8M $37.9M $58.3M
Other Current Liabilities -- $100K -- -$100K --
Total Current Liabilities $68.5M $103.3M $180.2M $338.1M $335.7M
 
Long-Term Debt $233.1M $213.6M $352.1M $401.2M $555M
Capital Leases -- -- -- -- --
Total Liabilities $319.9M $388.3M $600.4M $1B $1.1B
 
Common Stock $2.3M $2.6M $2.6M $2.6M $2.6M
Other Common Equity Adj -- -- -- -- --
Common Equity $443.2M $569.2M $615.3M $697.6M $861.6M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $443.2M $569.2M $615.3M $697.6M $861.6M
 
Total Liabilities and Equity $763.1M $957.5M $1.2B $1.7B $2B
Cash and Short Terms $120.6M $150.9M $210.8M $194.2M $221.8M
Total Debt $252.2M $233.2M $420.9M $439.1M $598.3M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Cash and Equivalents -- $186.5M $197.7M $209.8M $259.3M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net -- -- -- -- --
Inventory -- $35.5M $40.8M $55.4M $77.2M
Prepaid Expenses -- -- -- -- --
Other Current Assets -- -- -- -- --
Total Current Assets -- $252.1M $311.9M $343.5M $533.1M
 
Property Plant And Equipment -- $681.7M $950.3M $1.2B $1.4B
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets -- -- -- -- --
Total Assets -- $1.1B $1.6B $1.9B $2.4B
 
Accounts Payable -- $90.4M $170.1M $200.1M $195.4M
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- -- -- -- --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities -- $160.1M $339.8M $232.1M $386.9M
 
Long-Term Debt -- $285.5M $386.7M $698.3M $761.4M
Capital Leases -- -- -- -- --
Total Liabilities -- $519.2M $965.2M $1.1B $1.4B
 
Common Stock -- -- -- -- --
Other Common Equity Adj -- -- -- -- --
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity -- $623M $617.1M $805.4M $987.8M
 
Total Liabilities and Equity -- $1.1B $1.6B $1.9B $2.4B
Cash and Short Terms -- $186.5M $197.7M $209.8M $259.3M
Total Debt -- $350.7M $469.7M $698.3M $898.4M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -$12.2M $88.8M $83.8M $122.5M $230.1M
Depreciation & Amoritzation $71.4M $62.8M $61.6M $104.7M $191.9M
Stock-Based Compensation -- $400K $1.1M $1.3M $1.5M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations $50.4M $109.6M $166.7M $160.3M $299.2M
 
Capital Expenditures $74.5M $121.2M $239.9M $335M $341.3M
Cash Acquisitions -- -- -- -- --
Cash From Investing -$74.5M -$121.2M -$239.9M -$335M -$393.7M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- $171M $209M $360M
Long-Term Debt Repaid -$27.5M -- -- -- -$167.5M
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing $63.7M $41.9M $133.1M $158.1M $122.1M
 
Beginning Cash (CF) $120.6M $150.9M $210.8M $194.2M $221.8M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $39.6M $30.3M $59.9M -$16.6M $27.6M
Ending Cash (CF) $160.2M $181.2M $270.7M $177.6M $249.4M
 
Levered Free Cash Flow -$24.1M -$11.6M -$73.2M -$174.7M -$42.1M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders -- -- $17.3M -- $37M
Depreciation & Amoritzation -- -- $24.2M -- $56.9M
Stock-Based Compensation -- -- $394.4K -- $1.1M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -- -- $1.7M -- $82.1M
 
Capital Expenditures -- -- $103.1M -- $128.5M
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -$103.1M -- -$128.2M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing -- -- $65.6M -- $115M
 
Beginning Cash (CF) -- $186.5M $197.7M $209.8M $259.3M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- -- -$35.7M -- $68.9M
Ending Cash (CF) -- -- $162M -- $328.2M
 
Levered Free Cash Flow -- -- -$101.3M -- -$46.4M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders -- -- -- -- --
Depreciation & Amoritzation -- -- -- -- --
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -- -- -- -- --
 
Capital Expenditures -- -- $103.1M $19.4M $128.5M
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -- -- --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing -- -- -- -- --
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- -- -- -- --
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -- -- -- -- --
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders -- -- $17.3M -- $37M
Depreciation & Amoritzation -- -- $24.2M -- $56.9M
Stock-Based Compensation -- -- $394.4K -- $1.1M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -- -- $1.7M -- $82.1M
 
Capital Expenditures -- -- $103.1M -- $128.5M
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -$103.1M -- -$128.2M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -- -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing -- -- $65.6M -- $115M
 
Beginning Cash (CF) $401.3M $297.3M $597.6M $604.1M $452.2M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- -- -$35.7M -- $68.9M
Ending Cash (CF) -- -- $162M -- $328.2M
 
Levered Free Cash Flow -- -- -$101.3M -- -$46.4M

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