Financial Statements

U.S. Well Services, Inc. (USWS)


-0.02 (-2.94%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) -347-111-171-
Net Income -80-236-94-661
Stock Dividends 34-048-0
Dividend Paid ----0-
Retained Earnings -393-347-111-171

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 235442331--
Annual Depreciation -15-150319479-
Capital Expenditure -58-56-209-148-
Net PPE 163235442331-

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) --555
New Purchases -----
Intangible and Goodwill -5555

U.S. Well Services, 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 U.S. Well Services, 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.