GIFI Financial Statements

Balance sheet, income statement, cash flow, and dividends for Gulf Island Fabrication Inc (GIFI).


$111.36M Market Cap.

As of 03/05/2025 5:00 PM ET (MRY) • Disclaimer

GIFI Market Cap. (MRY)


GIFI Shares Outstanding (MRY)


GIFI Assets (MRY)


Total Assets

$133.22M

Total Liabilities

$40.11M

Total Investments

$38.78M

GIFI Income (MRY)


Revenue

$159.20M

Net Income

$14.74M

Operating Expense

$13.52M

GIFI Cash Flow (MRY)


CF Operations

$18.25M

CF Investing

-$25.96M

CF Financing

-$3.46M

GIFI Dividends (MRY)


Period

Dividends

Yield %

Growth %

Payout Ratio

Coverage Ratio

2024

$0

0%

0%

0%

-

2023

$0

0%

0%

0%

-

2022

$0

0%

0%

0%

-

2021

$0

0%

0%

0%

-

2020

$0

0%

-

0%

-

GIFI Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$133,216,000 (3.73%)

$128,428,000 (-4.77%)

$134,866,000 (-0.30%)

$135,273,000 (-42.86%)

Assets Current

$105,409,000 (3.72%)

$101,627,000 (16.72%)

$87,069,000 (4.05%)

$83,678,000 (-45.22%)

Assets Non-Current

$27,807,000 (3.75%)

$26,801,000 (-43.93%)

$47,797,000 (-7.36%)

$51,595,000 (-38.56%)

Goodwill & Intangible Assets

$2,774,000 (-4.90%)

$2,917,000 (-4.64%)

$3,059,000 (-4.44%)

$3,201,000 (0%)

Shareholders Equity

$93,102,000 (17.89%)

$78,971,000 (-23.05%)

$102,624,000 (-1.24%)

$103,908,000 (-16.52%)

Property Plant & Equipment Net

$24,051,000 (3.91%)

$23,145,000 (-25.71%)

$31,154,000 (-10.13%)

$34,666,000 (11.19%)

Cash & Equivalents

$28,481,000 (-28.17%)

$39,651,000 (13.86%)

$34,824,000 (-35.73%)

$54,183,000 (25.54%)

Accumulated Other Comprehensive Income

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Deferred Revenue

$1,278,000 (-76.64%)

$5,470,000 (-33.26%)

$8,196,000 (23.29%)

$6,648,000 (-35.22%)

Total Investments

$38,784,000 (371.08%)

$8,233,000 (-16.88%)

$9,905,000 (0%)

$0 (0%)

Investments Current

$38,784,000 (371.08%)

$8,233,000 (-16.88%)

$9,905,000 (0%)

$0 (0%)

Investments Non-Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Inventory

$1,907,000 (-7.96%)

$2,072,000 (29.58%)

$1,599,000 (-10.12%)

$1,779,000 (-17.52%)

Trade & Non-Trade Receivables

$22,487,000 (-38.05%)

$36,298,000 (23.35%)

$29,427,000 (84.08%)

$15,986,000 (13.46%)

Trade & Non-Trade Payables

$5,801,000 (-31.48%)

$8,466,000 (1.88%)

$8,310,000 (-10.45%)

$9,280,000 (-24.93%)

Accumulated Retained Earnings (Deficit)

-$26,632,000 (35.63%)

-$41,373,000 (-153.22%)

-$16,339,000 (-25.81%)

-$12,987,000 (-241.46%)

Tax Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Tax Liabilities

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Debt

$19,005,000 (-4.98%)

$20,000,000 (0%)

$0 (0%)

$0 (0%)

Debt Current

$1,117,000 (3.91%)

$1,075,000 (0%)

$0 (0%)

$0 (0%)

Debt Non-Current

$17,888,000 (-5.48%)

$18,925,000 (0%)

$0 (0%)

$0 (0%)

Total Liabilities

$40,114,000 (-18.89%)

$49,457,000 (53.39%)

$32,242,000 (2.80%)

$31,365,000 (-72.06%)

Liabilities Current

$21,376,000 (-28.38%)

$29,847,000 (-3.06%)

$30,789,000 (2.79%)

$29,954,000 (-71.66%)

Liabilities Non-Current

$18,738,000 (-4.45%)

$19,610,000 (1249.62%)

$1,453,000 (2.98%)

$1,411,000 (-78.52%)

GIFI Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$159,199,000 (5.38%)

$151,067,000 (6.15%)

$142,320,000 (52.29%)

$93,452,000 (-20.62%)

Cost of Revenue

$136,946,000 (-15.97%)

$162,968,000 (21.23%)

$134,425,000 (46.45%)

$91,788,000 (-26.92%)

Selling General & Administrative Expense

$13,521,000 (-16.94%)

$16,278,000 (-10.63%)

$18,214,000 (53.73%)

$11,848,000 (-6.89%)

Research & Development Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Operating Expenses

$13,521,000 (-16.94%)

$16,278,000 (-10.63%)

$18,214,000 (53.73%)

$11,848,000 (-22.13%)

Interest Expense

-$2,411,000 (-67.43%)

-$1,440,000 (-1574.42%)

-$86,000 (-121.66%)

$397,000 (48.13%)

Income Tax Expense

-$51,000 (-24.39%)

-$41,000 (-278.26%)

$23,000 (195.83%)

-$24,000 (53.85%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$17,372,000 (30.55%)

Consolidated Income

$14,741,000 (160.41%)

-$24,402,000 (-627.98%)

-$3,352,000 (84.88%)

-$22,168,000 (19.17%)

Net Income to Non-Controlling Interests

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income

$14,741,000 (160.41%)

-$24,402,000 (-627.98%)

-$3,352,000 (84.88%)

-$22,168,000 (19.17%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

$14,741,000 (160.41%)

-$24,402,000 (-627.98%)

-$3,352,000 (84.88%)

-$22,168,000 (19.17%)

Weighted Average Shares

$16,353,048 (0.40%)

$16,287,469 (2.29%)

$15,923,199 (2.39%)

$15,551,891 (1.48%)

Weighted Average Shares Diluted

-

-

-

-

Earning Before Interest & Taxes (EBIT)

$12,279,000 (147.44%)

-$25,883,000 (-657.92%)

-$3,415,000 (84.33%)

-$21,795,000 (19.90%)

Gross Profit

$22,253,000 (286.98%)

-$11,901,000 (-250.74%)

$7,895,000 (374.46%)

$1,664,000 (121.15%)

Operating Income

$8,732,000 (130.99%)

-$28,179,000 (-173.08%)

-$10,319,000 (-1.33%)

-$10,184,000 (55.88%)

GIFI Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

-$25,956,000 (-5060.24%)

-$503,000 (94.33%)

-$8,870,000 (-123.72%)

$37,402,000 (1333.58%)

Net Cash Flow from Financing

-$3,462,000 (-85.43%)

-$1,867,000 (5.32%)

-$1,972,000 (-70.29%)

-$1,158,000 (-111.75%)

Net Cash Flow from Operations

$18,248,000 (153.55%)

$7,197,000 (180.66%)

-$8,923,000 (64.04%)

-$24,814,000 (-30.55%)

Net Cash Flow / Change in Cash & Cash Equivalents

-$11,170,000 (-331.41%)

$4,827,000 (124.42%)

-$19,765,000 (-272.92%)

$11,430,000 (274.66%)

Net Cash Flow - Business Acquisitions and Disposals

$0 (0%)

$0 (0%)

$886,000 (-96.51%)

$25,419,000 (0%)

Net Cash Flow - Investment Acquisitions and Disposals

-$30,552,000 (-1927.27%)

$1,672,000 (116.88%)

-$9,905,000 (-223.81%)

$8,000,000 (-32.21%)

Capital Expenditure

$4,270,000 (276.45%)

-$2,420,000 (-130.26%)

-$1,051,000 (-135.23%)

$2,983,000 (132.45%)

Issuance (Repayment) of Debt Securities

-$1,075,000 (14.48%)

-$1,257,000 (27.68%)

-$1,738,000 (-65.52%)

-$1,050,000 (-110.50%)

Issuance (Purchase) of Equity Shares

-$1,204,000 (-840.63%)

-$128,000 (0%)

$0 (0%)

$0 (0%)

Payment of Dividends & Other Cash Distributions

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Effect of Exchange Rate Changes on Cash

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Share Based Compensation

$1,777,000 (-10.75%)

$1,991,000 (-13.51%)

$2,302,000 (34.78%)

$1,708,000 (51.69%)

Depreciation Amortization & Accretion

$4,865,000 (-11.00%)

$5,466,000 (7.22%)

$5,098,000 (-5.35%)

$5,386,000 (-37.50%)

GIFI Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

14.00% (277.22%)

-7.90% (-243.64%)

5.50% (205.56%)

1.80% (126.87%)

Profit Margin

9.30% (157.41%)

-16.20% (-575.00%)

-2.40% (89.87%)

-23.70% (-1.72%)

EBITDA Margin

10.80% (180.00%)

-13.50% (-1225.00%)

1.20% (106.82%)

-17.60% (-11.39%)

Return on Average Equity (ROAE)

16.70% (161.17%)

-27.30% (-727.27%)

-3.30% (84.06%)

-20.70% (-8.95%)

Return on Average Assets (ROAA)

11.20% (161.20%)

-18.30% (-632.00%)

-2.50% (82.27%)

-14.10% (-30.56%)

Return on Sales (ROS)

7.70% (145.03%)

-17.10% (-612.50%)

-2.40% (89.70%)

-23.30% (-0.87%)

Return on Invested Capital (ROIC)

12.20% (133.89%)

-36.00% (-554.55%)

-5.50% (86.18%)

-39.80% (-64.46%)

Dividend Yield

0% (0%)

0% (0%)

0% (0%)

0% (0%)

Price to Earnings Ratio (P/E)

7.57 (363.84%)

-2.87 (88.26%)

-24.43 (-771.22%)

-2.8 (-64.07%)

Price to Sales Ratio (P/S)

0.7 (49.89%)

0.47 (-18.64%)

0.57 (-13.94%)

0.67 (67.59%)

Price to Book Ratio (P/B)

1.2 (33.93%)

0.89 (12.19%)

0.8 (32.67%)

0.6 (59.15%)

Debt to Equity Ratio (D/E)

0.43 (-31.15%)

0.63 (99.36%)

0.31 (3.97%)

0.3 (-66.52%)

Earnings Per Share (EPS)

0.9 (159.60%)

-1.51 (-619.05%)

-0.21 (85.31%)

-1.43 (20.11%)

Sales Per Share (SPS)

9.73 (4.96%)

9.28 (3.77%)

8.94 (48.74%)

6.01 (-21.78%)

Free Cash Flow Per Share (FCFPS)

1.38 (369.97%)

0.29 (146.81%)

-0.63 (55.41%)

-1.4 (23.70%)

Book Value Per Share (BVPS)

5.69 (17.41%)

4.85 (-24.76%)

6.45 (-3.53%)

6.68 (-17.74%)

Tangible Assets Book Value Per Share (TABVPS)

7.98 (3.52%)

7.71 (-6.91%)

8.28 (-2.52%)

8.49 (-45.03%)

Enterprise Value Over EBIT (EV/EBIT)

9 (550.00%)

-2 (87.50%)

-16 (-1700.00%)

1 (0%)

Enterprise Value Over EBITDA (EV/EBITDA)

6.33 (392.47%)

-2.17 (-106.78%)

31.92 (4643.39%)

0.67 (195.46%)

Asset Turnover

1.21 (7.35%)

1.13 (5.81%)

1.07 (79.50%)

0.59 (27.96%)

Current Ratio

4.93 (44.82%)

3.4 (20.40%)

2.83 (1.22%)

2.79 (93.36%)

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Free Cash Flow (FCF)

$22,518,000 (371.38%)

$4,777,000 (147.89%)

-$9,974,000 (54.31%)

-$21,831,000 (22.59%)

Enterprise Value (EV)

$108,561,257 (145.60%)

$44,202,741 (-17.73%)

$53,726,011 (586.65%)

-$11,039,917 (-184.16%)

Earnings Before Tax (EBT)

$14,690,000 (160.10%)

-$24,443,000 (-634.24%)

-$3,329,000 (85.00%)

-$22,192,000 (19.24%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

$17,144,000 (183.97%)

-$20,417,000 (-1313.13%)

$1,683,000 (110.26%)

-$16,409,000 (11.75%)

Invested Capital

$99,590,000 (31.02%)

$76,013,000 (14.83%)

$66,194,000 (38.09%)

$47,935,000 (-51.03%)

Working Capital

$84,033,000 (17.07%)

$71,780,000 (27.54%)

$56,280,000 (4.76%)

$53,724,000 (14.15%)

Tangible Asset Value

$130,442,000 (3.93%)

$125,511,000 (-4.78%)

$131,807,000 (-0.20%)

$132,072,000 (-44.21%)

Market Capitalization

$111,364,257 (57.91%)

$70,524,741 (-13.66%)

$81,686,011 (30.98%)

$62,363,083 (32.98%)

Average Equity

$88,506,750 (-1.01%)

$89,405,500 (-11.42%)

$100,928,750 (-5.75%)

$107,083,750 (-25.88%)

Average Assets

$131,251,250 (-1.79%)

$133,643,250 (0.33%)

$133,202,500 (-15.19%)

$157,063,500 (-37.96%)

Invested Capital Average

$100,731,000 (40.04%)

$71,931,250 (15.05%)

$62,521,750 (14.25%)

$54,723,000 (-51.39%)

Shares

16,353,048 (0.40%)

16,287,469 (2.29%)

15,923,199 (2.39%)

15,551,891 (1.48%)