ACNT Q2 2021 Earnings — Ascent Industries Co. Revenue & Financial Results | Market Cap Arena

ACNTAscent Industries Co.

$125M

Q2 2021 Earnings

Basic Materials Steel

Income Statement

Revenue

$83M+25.6% YoY

Gross Profit

$14M17.0% margin

Operating Income

$4M4.9% margin

Net Income

$3M3.5% margin

EPS (Diluted)

$0.31

QoQ Revenue Growth

+19.1%

Cash Flow

Operating Cash Flow

$6M

Free Cash Flow

$5M

Stock-Based Comp.

$269,000

Balance Sheet

Total Assets

$217M

Total Liabilities

$132M

Stockholders' Equity

$85M

Cash & Equivalents

$761,000

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$83M	$66M	+25.6%
Gross Profit	$14M	$4M	+223.0%
Operating Income	$4M	-$11M	+138.0%
Net Income	$3M	-$7M	+141.5%

Revenue Segments

Stainless Steel Pipe

$46M56%

Specialty Chemicals

$15M18%

Seamless Carbon Steel Pipe And Tube

$11M13%

Galvanized Pipe

$10M12%

Fiberglass And Steel Liquid Storage Tanks And Separation Equipment

$550,0001%