FTAI Infrastructure (FIP) Financial Statements
Price: $3.84
Market Cap: $437.54M
Avg Volume: 1.25M
Market Cap: $437.54M
Avg Volume: 1.25M
Country: US
Industry: Conglomerates
Sector: Industrials
Industry: Conglomerates
Sector: Industrials
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of FTAI Infrastructure.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 |
|---|---|---|---|---|---|---|
| Revenue | $331.50M | $320.47M | $261.97M | $120.22M | $68.56M | $229.45M |
| Cost of Revenue | $- | $347.13M | $16.84M | $168.19M | $113.58M | $9.13M |
| Gross Profit | $331.50M | $-26.66M | $245.12M | $-47.98M | $-45.02M | $220.32M |
| Gross Profit Ratio | 100.00% | -8.32% | 93.57% | -39.91% | -65.66% | 96.02% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $14.80M | $12.83M | $23.86M | $24.38M | $21.59M | $24.01M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $14.80M | $12.83M | $23.86M | $24.38M | $21.59M | $24.01M |
| Other Expenses | $232.88M | $- | $278.91M | $152.56M | $100.50M | $294.04M |
| Operating Expenses | $247.67M | $12.83M | $302.76M | $176.93M | $122.10M | $318.05M |
| Cost and Expenses | $247.67M | $359.96M | $302.76M | $176.93M | $122.10M | $318.05M |
| Interest Income | $- | $- | $53.24M | $16.02M | $10.76M | $17.91M |
| Interest Expense | $122.11M | $99.60M | $53.24M | $16.02M | $10.76M | $17.91M |
| Depreciation and Amortization | $79.41M | $80.99M | $70.75M | $54.02M | $31.11M | $33.13M |
| EBITDA | $-61.23M | $23.32M | $-59.06M | $-39.94M | $-31.83M | $54.28M |
| EBITDA Ratio | -18.47% | 7.28% | -22.55% | -33.22% | -46.42% | 23.66% |
| Operating Income | $-21.70M | $-39.49M | $-111.36M | $-79.14M | $-56.55M | $-86.28M |
| Operating Income Ratio | -6.55% | -12.32% | -42.51% | -65.83% | -82.48% | -37.60% |
| Total Other Income Expenses Net | $-241.05M | $-117.79M | $-141.02M | $-53.26M | $-20.17M | $91.84M |
| Income Before Tax | $-262.75M | $-157.28M | $-183.05M | $-109.97M | $-73.71M | $3.25M |
| Income Before Tax Ratio | -79.26% | -49.08% | -69.88% | -91.48% | -107.50% | 1.41% |
| Income Tax Expense | $3.31M | $2.47M | $4.47M | $-3.63M | $-1.98M | $14.38M |
| Net Income | $-223.65M | $-121.34M | $-187.52M | $-106.34M | $-71.72M | $-11.14M |
| Net Income Ratio | -67.47% | -37.86% | -71.58% | -88.46% | -104.61% | -4.85% |
| EPS | $-2.07 | $-1.78 | $-1.89 | $-1.07 | $-0.72 | $-0.11 |
| EPS Diluted | $-2.07 | $-1.78 | $-1.89 | $-1.07 | $-0.72 | $-0.11 |
| Weighted Average Shares Outstanding | 108.22M | 102.96M | 99.45M | 99.19M | 99.19M | 99.19M |
| Weighted Average Shares Outstanding Diluted | 108.22M | 102.96M | 99.45M | 99.19M | 99.19M | 99.19M |
| SEC Filing | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $1.51M | $29.37M | $36.49M | $49.87M | $15.71M | $6.52M |
| Short Term Investments | $- | $- | $22.80M | $17.20M | $- | $- |
| Cash and Short Term Investments | $1.51M | $29.37M | $36.49M | $49.87M | $15.71M | $6.52M |
| Net Receivables | $6.89M | $55.99M | $60.81M | $50.30M | $4.95M | $14.95M |
| Inventory | $311.00K | $300.00K | $113.16M | $251.98M | $39.72M | $5.60M |
| Other Current Assets | $26.20M | $99.85M | $-45.80M | $54.03M | $63.76M | $13.96M |
| Total Current Assets | $34.91M | $185.50M | $277.80M | $412.98M | $84.52M | $41.03M |
| Property Plant Equipment Net | $805.72M | $1.74B | $1.78B | $1.63B | $1.04B | $800.69M |
| Goodwill | $86.46M | $275.37M | $260.25M | $257.14M | $122.73M | $122.64M |
| Intangible Assets | $3.80M | $52.62M | $60.20M | $67.74M | $13.03M | $16.58M |
| Goodwill and Intangible Assets | $90.26M | $327.99M | $320.45M | $324.87M | $135.76M | $139.22M |
| Long Term Investments | $12.53M | $72.70M | $73.59M | $54.41M | $123.79M | $155.90M |
| Tax Assets | $-12.53M | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $-7.24M | $57.25M | $26.83M | $24.88M | $17.00M | $17.47M |
| Total Non-Current Assets | $901.27M | $2.19B | $2.20B | $2.03B | $1.31B | $1.11B |
| Other Assets | $1.44B | $- | $- | $- | $- | $- |
| Total Assets | $2.37B | $2.38B | $2.48B | $2.44B | $1.40B | $1.15B |
| Account Payables | $176.43M | $130.80M | $136.05M | $115.63M | $52.28M | $76.09M |
| Short Term Debt | $55.77M | $7.22M | $7.04M | $2.90M | $25.89M | $146.01M |
| Tax Payables | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $- | $- | $- | $- |
| Other Current Liabilities | $18.60M | $12.62M | $16.49M | $10.93M | $4.19M | $3.75M |
| Total Current Liabilities | $250.79M | $150.64M | $159.58M | $129.47M | $82.36M | $225.85M |
| Long Term Debt | $1.60B | $1.40B | $1.29B | $786.13M | $313.48M | $147.28M |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $67.10M | $87.53M | $236.13M | $64.66M | $7.77M | $15.21M |
| Total Non-Current Liabilities | $1.67B | $1.49B | $1.53B | $850.79M | $321.26M | $162.49M |
| Other Liabilities | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $1.92B | $1.64B | $1.69B | $980.25M | $403.61M | $388.34M |
| Preferred Stock | $- | $325.23M | $264.59M | $- | $- | $- |
| Common Stock | $1.14M | $1.01M | $994.00K | $1.62B | $999.29M | $729.06M |
| Retained Earnings | $- | $-182.17M | $-60.84M | $- | $- | $- |
| Accumulated Other Comprehensive Income Loss | $-157.05M | $-178.51M | $-300.13M | $-155.46M | $-26.24M | $372.00K |
| Other Total Stockholders Equity | $739.78M | $843.97M | $911.60M | $- | $- | $1 |
| Total Stockholders Equity | $583.87M | $809.52M | $816.21M | $1.46B | $973.05M | $729.43M |
| Total Equity | $583.87M | $738.09M | $789.38M | $1.46B | $995.40M | $765.97M |
| Total Liabilities and Stockholders Equity | $2.37B | $2.38B | $2.48B | $2.44B | $1.40B | $1.15B |
| Minority Interest | $- | $-71.43M | $-26.83M | $-91.00K | $22.34M | $36.54M |
| Total Liabilities and Total Equity | $2.37B | $2.38B | $2.48B | $2.44B | $1.40B | $1.15B |
| Total Investments | $12.53M | $72.70M | $73.59M | $54.41M | $123.79M | $155.90M |
| Total Debt | $1.66B | $1.41B | $1.30B | $789.03M | $339.38M | $293.29M |
| Net Debt | $1.63B | $1.38B | $1.26B | $739.16M | $323.67M | $286.77M |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 |
|---|---|---|---|---|---|---|
| Net Income | $-266.06M | $-159.75M | $-187.52M | $-106.34M | $-71.72M | $-11.14M |
| Depreciation and Amortization | $79.41M | $80.99M | $70.75M | $54.02M | $31.11M | $33.13M |
| Deferred Income Tax | $5.60M | $2.02M | $3.98M | $-3.87M | $-2.28M | $14.10M |
| Stock Based Compensation | $8.64M | $9.20M | $4.15M | $4.04M | $2.33M | $1.51M |
| Change in Working Capital | $14.13M | $37.70M | $-8.80M | $-23.50M | $-15.86M | $17.07M |
| Accounts Receivables | $2.13M | $2.84M | $-3.30M | $-26.80M | $10.00M | $4.12M |
| Inventory | $- | $- | $- | $- | $- | $- |
| Accounts Payables | $20.97M | $8.55M | $7.01M | $15.49M | $-14.22M | $21.34M |
| Other Working Capital | $-8.98M | $26.31M | $-12.51M | $-12.19M | $-11.63M | $-8.39M |
| Other Non Cash Items | $143.01M | $35.35M | $74.75M | $13.94M | $9.56M | $-107.34M |
| Net Cash Provided by Operating Activities | $-15.28M | $5.51M | $-42.69M | $-61.72M | $-46.86M | $-52.67M |
| Investments in Property Plant and Equipment | $- | $-100.75M | $-217.14M | $-140.90M | $-247.52M | $-323.04M |
| Acquisitions Net | $-3.83M | $-11.53M | $-9.81M | $-682.31M | $-4.69M | $62.90M |
| Purchases of Investments | $- | $-7.08M | $-47.45M | $-10.00M | $-4.69M | $-28.83M |
| Sales Maturities of Investments | $- | $- | $47.45M | $10.00M | $9.38M | $28.83M |
| Other Investing Activities | $-114.31M | $-27.77M | $-40.31M | $-5.51M | $-4.69M | $1.55M |
| Net Cash Used for Investing Activities | $-118.14M | $-147.12M | $-267.27M | $-828.72M | $-252.22M | $-258.58M |
| Debt Repayment | $250.83M | $106.22M | $519.02M | $451.10M | $24.00M | $196.96M |
| Common Stock Issued | $- | $- | $274.57M | $698.18M | $325.44M | $122.17M |
| Common Stock Repurchased | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $-27.79M | $-14.13M | $-4.84M | $- | $- | $- |
| Other Financing Activities | $-29.81M | $-12.64M | $-356.36M | $685.77M | $313.63M | $96.69M |
| Net Cash Used Provided by Financing Activities | $193.23M | $79.45M | $157.74M | $1.14B | $337.63M | $293.65M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $59.82M | $-62.16M | $-152.21M | $246.43M | $38.55M | $-17.60M |
| Cash at End of Period | $147.30M | $87.48M | $149.64M | $301.86M | $55.42M | $16.87M |
| Cash at Beginning of Period | $87.48M | $149.64M | $301.86M | $55.42M | $16.87M | $34.47M |
| Operating Cash Flow | $-15.28M | $5.51M | $-42.69M | $-61.72M | $-46.86M | $-52.67M |
| Capital Expenditure | $- | $-100.75M | $-217.14M | $-140.90M | $-247.52M | $-323.04M |
| Free Cash Flow | $-15.28M | $-95.23M | $-259.83M | $-202.61M | $-294.38M | $-375.71M |