Revenue: As of FY2025 Q1, the actual value is USD 240.42 M.EPS: As of FY2025 Q1, the actual value is USD 0.21.EBIT: As of FY2025 Q1, the actual value is USD 37.01 M.<h3>Segment Revenue</h3><ul><li>Total Revenues: $240.4 million for the three months ended March 31, 2025, compared to $128.0 million for the same period in 2024, representing an 88% increase.</li><li>NAM Market Revenue: $120.5 million for the three months ended March 31, 2025, up from $80.9 million for the same period in 2024.</li><li>International and Offshore Market Revenue: $119.9 million for the three months ended March 31, 2025, up from $47.1 million for the same period in 2024.</li></ul><h3>Operational Metrics</h3><ul><li>Net Income: $14.8 million for the three months ended March 31, 2025, down from $16.4 million for the same period in 2024, a decrease of 10%.</li><li>Income from Operations: $21.9 million for the three months ended March 31, 2025, compared to $22.3 million for the same period in 2024.</li><li>Adjusted EBITDA: $45.9 million for the three months ended March 31, 2025, up from $32.5 million for the same period in 2024, a 41% increase.</li></ul><h3>Cash Flow</h3><ul><li>Net Cash Provided by Operating Activities: $31.1 million for the three months ended March 31, 2025, compared to $12.6 million for the same period in 2024, a 147% increase.</li><li>Free Cash Flow: $24.0 million for the three months ended March 31, 2025, compared to $10.2 million for the same period in 2024, a 136% increase.</li></ul><h3>Unique Metrics</h3><ul><li>Return on Capital Employed (ROCE): 12% for the twelve months ended March 31, 2025, down from 20% for the same period in 2024.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: Innovex aims to significantly increase revenue from International and Offshore markets, focusing on long-cycle investment horizons and less cyclicality compared to the NAM market.</li><li>Non-Core Business: The company has a disciplined acquisition strategy, with recent acquisitions including SCF Machining Corporation and Downhole Well Solutions, LLC, to enhance supply chain flexibility and expand product offerings.</li><li>Priority: Innovex prioritizes maintaining a conservative balance sheet to preserve operational and financial flexibility through the industry cycle.</li></ul>

Innovex | 10-Q: FY2025 Q1 Revenue: USD 240.42 M