ACNT FY 2023 Earnings — Ascent Industries Co. Revenue & Financial Results | Market Cap Arena

ACNTAscent Industries Co.

$125M

FY 2023 Earnings

Basic Materials Steel

Income Statement

Revenue

$193M-26.3% YoY

Gross Profit

$2M0.8% margin

Operating Income

-$37M-19.4% margin

Net Income

-$27M-13.8% margin

EPS (Diluted)

$2.63

Cash Flow

Operating Cash Flow

$23M

Free Cash Flow

$20M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$163M

Total Liabilities

$56M

Stockholders' Equity

$107M

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$193M	$262M	-26.3%
Gross Profit	$2M	$43M	-96.5%
Operating Income	-$37M	$15M	-357.4%
Net Income	-$27M	$22M	-220.7%