ACNT Q1 2020 Earnings — Ascent Industries Co. Revenue & Financial Results | Market Cap Arena

ACNTAscent Industries Co.

$120M

Q1 2020 Earnings

Basic Materials Steel

Income Statement

Revenue

$75M-11.9% YoY

Gross Profit

$7M9.6% margin

Operating Income

-$927,000-1.2% margin

Net Income

-$1M-1.6% margin

EPS (Diluted)

$-0.13

QoQ Revenue Growth

+9.9%

Cash Flow

Operating Cash Flow

-$642,000

Free Cash Flow

-$1M

Stock-Based Comp.

$336,000

Balance Sheet

Total Assets

$263M

Total Liabilities

$158M

Stockholders' Equity

$105M

Cash & Equivalents

$22,000

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$75M	$85M	-11.9%
Gross Profit	$7M	$9M	-17.7%
Operating Income	-$927,000	-$556,000	-66.7%
Net Income	-$1M	-$927,000	-27.1%