Superior Drilling Products Inc (SDPI) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Mar 19, 2020
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Superior Drilling Products Inc (SDPI, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. Superior Drilling Products Inc is a drilling and completion tool technology company. The Company is a manufacturer of both remanufactured and new diamond drill bits and drill string components for the oil, natural gas and mining drilling industries. Superior Drilling Products Inc has a market cap of $8.019 million; its shares were traded at around $0.32 with and P/S ratio of 0.42. GuruFocus has detected 1 severe warning sign with Superior Drilling Products Inc. .

For the last quarter Superior Drilling Products Inc reported a revenue of $4.34 million, compared with the revenue of $3.48 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $19.0 million, an increase of 4.1% from last year. For the complete 30-year financial data, please go here.. For the last five years Superior Drilling Products Inc had an average revenue growth rate of 4.7% a year.

The reported loss per diluted share was 4 cents for the year, compared with the loss per share of $0.48 in the previous year. The Superior Drilling Products Inc had an operating margin of -4.75%, compared with the operating margin of 1.64% a year before. The 10-year historical median operating margin of Superior Drilling Products Inc is -1.56%. The profitability rank of the company is 3 (out of 10).

At the end of the fiscal year, Superior Drilling Products Inc has the cash and cash equivalents of $1.22 million, compared with $4.27 million in the previous year. The long term debt was $3.85 million, compared with $6.30 million in the previous year. Superior Drilling Products Inc has a financial strength rank of 3 (out of 10).

For the complete 20-year historical financial data of SDPI, click here.