Financial Statements

Imperial Petroleum Inc. (IMPP)

$0.318

+0.01 (+4.88%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2011 2010
Retained Earnings (Previous Year) ----28-
Net Income -4-0-06-18
Stock Dividends 2900-0-10
Dividend Paid -26----
Retained Earnings -0---22-28

PPE Schedule

Year 2021 2020 2019 2011 2010
Gross PPE 129136-12-
Annual Depreciation -9-7136312
Capital Expenditure -0-1--1-0
Net PPE 1201291361412

Intangible and Goodwill Schedule

Year 2021 2020 2019 2011 2010
Intangible and Goodwill (Previous Year) -----
New Purchases -----
Intangible and Goodwill -----

Imperial Petroleum Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Imperial Petroleum Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.