ACNT Q1 2021 Earnings — Ascent Industries Co. Revenue & Financial Results | Market Cap Arena

ACNTAscent Industries Co.

$125M

Q1 2021 Earnings

Basic Materials Steel

Income Statement

Revenue

$70M-6.6% YoY

Gross Profit

$9M12.5% margin

Operating Income

$2M3.0% margin

Net Income

$1M1.6% margin

EPS (Diluted)

$0.12

QoQ Revenue Growth

+24.8%

Cash Flow

Operating Cash Flow

-$768,000

Free Cash Flow

-$1M

Stock-Based Comp.

$187,000

Balance Sheet

Total Assets

$215M

Total Liabilities

$134M

Stockholders' Equity

$82M

Cash & Equivalents

$398,000

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$70M	$75M	-6.6%
Gross Profit	$9M	$7M	+22.2%
Operating Income	$2M	-$927,000	+327.1%
Net Income	$1M	-$1M	+192.9%

Revenue Segments

Stainless Steel Pipe

$40M57%

Specialty Chemicals

$15M21%

Seamless Carbon Steel Pipe And Tube

$8M11%

Galvanized Pipe

$7M11%

Fiberglass And Steel Liquid Storage Tanks And Separation Equipment

$141,0000%