ACNT Q3 2021 Earnings — Ascent Industries Co. Revenue & Financial Results | Market Cap Arena

ACNTAscent Industries Co.

$120M

Q3 2021 Earnings

Basic Materials Steel

Income Statement

Revenue

$86M+45.4% YoY

Gross Profit

$18M20.9% margin

Operating Income

$11M12.4% margin

Net Income

$8M9.5% margin

EPS (Diluted)

$0.87

QoQ Revenue Growth

+3.7%

Cash Flow

Operating Cash Flow

$11M

Free Cash Flow

$11M

Stock-Based Comp.

$239,000

Balance Sheet

Total Assets

$224M

Total Liabilities

$131M

Stockholders' Equity

$93M

Cash & Equivalents

$1M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$86M	$59M	+45.4%
Gross Profit	$18M	$5M	+260.5%
Operating Income	$11M	-$13M	+185.1%
Net Income	$8M	-$11M	+177.8%

Revenue Segments

Stainless Steel Pipe

$48M56%

Specialty Chemicals

$16M19%

Galvanized Pipe

$11M13%

Seamless Carbon Steel Pipe And Tube

$10M12%

Fiberglass And Steel Liquid Storage Tanks And Separation Equipment

$189,0000%