ACNT Q3 2022 Earnings — Ascent Industries Co. Revenue & Financial Results | Market Cap Arena

ACNTAscent Industries Co.

$125M

Q3 2022 Earnings

Basic Materials Steel

Income Statement

Revenue

$78M-9.2% YoY

Gross Profit

$14M18.0% margin

Operating Income

$5M6.0% margin

Net Income

$624,0000.8% margin

EPS (Diluted)

$0.06

QoQ Revenue Growth

-7.5%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$3M

Stock-Based Comp.

$505,000

Balance Sheet

Total Assets

$299M

Total Liabilities

$165M

Stockholders' Equity

$135M

Cash & Equivalents

$532,000

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$78M	$86M	-9.2%
Gross Profit	$14M	$18M	-21.7%
Operating Income	$5M	$11M	-56.2%
Net Income	$624,000	$8M	-92.4%

Revenue Segments

Stainless Steel Pipe

$52M52%

Specialty Chemicals

$27M27%

Seamless Carbon Steel Pipe And Tube

$12M12%

Galvanized Pipe

$8M8%

Fiberglass And Steel Liquid Storage Tanks And Separation Equipment

$287,0000%