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Independence Contract Drilling, Inc.

Delisted

CIK 1537028fmd_04ATZE1H8DWTF1XFPM3TX4JEH4Mining · Drilling Oil & Gas WellsTemplate: Standard

Coverage: Jan 01, 2012 to Sep 30, 2024, 48 periods

Latest annual · FY2023

Millions
Total revenues
210
Operating income
(4)
Net income
(38)
Free cash flow
20

Latest quarter · Q3 FY2024

Millions
Total revenues
38
Operating income
(9)
Net income
(18)
Free cash flow
5
Open Financials

Key stats

Open Analysis

Compound annual growth

Revenue, 3 yearsFY2020 to FY2023
+36.1%
Revenue, 5 yearsFY2018 to FY2023
+8.1%
Net income, 5 yearsFY2018 to FY2023
n/m

Independence Contract Drilling, Inc. financials: quick answers

Annual figures as filed with the SEC. Each number links to the filing it came from and to its proof.

MetricFY2023FY2022ChangeSource
Revenue$210.1 million$186.7 million+12.5%10-K 2024-02-28 · proof
Operating income-$3.7 million-$2.1 million10-K 2024-02-28 · proof
Net income-$37.7 million-$65.3 million10-K 2024-02-28 · proof
Cash from operating activities$61 million$28.6 million+113.5%10-K 2024-02-28 · proof
Free cash flow$20.4 million-$14.5 million10-K 2024-02-28 · proof
Total assets$394.7 million$429.7 million-8.2%10-K 2024-02-28 · proof
Total liabilities$213.1 million$215 million-0.9%10-K 2024-02-28 · proof
Cash and cash equivalents$5.6 million$5.3 million+4.5%10-K 2024-02-28 · proof
Total debt$155.8 million$145.7 million+6.9%10-K 2024-02-28 · proof
What was Independence Contract Drilling, Inc.'s revenue in fiscal 2023?
Independence Contract Drilling, Inc. reported revenue of $210.1 million for fiscal 2023 (the year ended Dec 31, 2023), against $186.7 million the year before (+12.5%). Source: the 10-K filed with the SEC on Feb 28, 2024. SEC
What was Independence Contract Drilling, Inc.'s operating income in fiscal 2023?
Independence Contract Drilling, Inc. reported operating income of -$3.7 million for fiscal 2023 (the year ended Dec 31, 2023), against -$2.1 million the year before. Source: the 10-K filed with the SEC on Feb 28, 2024. SEC
What was Independence Contract Drilling, Inc.'s net income in fiscal 2023?
Independence Contract Drilling, Inc. reported net income of -$37.7 million for fiscal 2023 (the year ended Dec 31, 2023), against -$65.3 million the year before. Source: the 10-K filed with the SEC on Feb 28, 2024. SEC
What was Independence Contract Drilling, Inc.'s cash from operating activities in fiscal 2023?
Independence Contract Drilling, Inc. reported cash from operating activities of $61 million for fiscal 2023 (the year ended Dec 31, 2023), against $28.6 million the year before (+113.5%). Source: the 10-K filed with the SEC on Feb 28, 2024. SEC
What was Independence Contract Drilling, Inc.'s free cash flow in fiscal 2023?
Independence Contract Drilling, Inc. reported free cash flow of $20.4 million for fiscal 2023 (the year ended Dec 31, 2023), against -$14.5 million the year before. Source: the 10-K filed with the SEC on Feb 28, 2024. SEC
What are Independence Contract Drilling, Inc.'s total assets?
As of Dec 31, 2023, Independence Contract Drilling, Inc. reported total assets of $394.7 million, against $429.7 million a year earlier (-8.2%). Source: the 10-K filed with the SEC on Feb 28, 2024. SEC
What are Independence Contract Drilling, Inc.'s total liabilities?
As of Dec 31, 2023, Independence Contract Drilling, Inc. reported total liabilities of $213.1 million, against $215 million a year earlier (-0.9%). Source: the 10-K filed with the SEC on Feb 28, 2024. SEC
What are Independence Contract Drilling, Inc.'s cash and cash equivalents?
As of Dec 31, 2023, Independence Contract Drilling, Inc. reported cash and cash equivalents of $5.6 million, against $5.3 million a year earlier (+4.5%). Source: the 10-K filed with the SEC on Feb 28, 2024. SEC
What is Independence Contract Drilling, Inc.'s total debt?
As of Dec 31, 2023, Independence Contract Drilling, Inc. reported total debt of $155.8 million, against $145.7 million a year earlier (+6.9%). Source: the 10-K filed with the SEC on Feb 28, 2024. SEC

Read from the FinancialMD API on Nov 13, 2026. Values change only when a new filing is made; see the Financials tab for every period and as-of replay.

The same numbers for an agent, with proof on every value:

curl "https://api.financial.md/v1/company/financials/income_statement/standardized?company=cik:1537028&period_type=annual&limit=5"

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