ACNT Q3 2024 Earnings — Ascent Industries Co. Revenue & Financial Results | Market Cap Arena

ACNTAscent Industries Co.

$125M

Q3 2024 Earnings

Basic Materials Steel

Income Statement

Revenue

$43M-8.2% YoY

Gross Profit

$6M15.1% margin

Operating Income

$496,0001.2% margin

Net Income

-$6M-14.3% margin

EPS (Diluted)

$-0.61

QoQ Revenue Growth

+99.8%

Cash Flow

Operating Cash Flow

$3M

Free Cash Flow

$3M

Stock-Based Comp.

$241,000

Balance Sheet

Total Assets

$149M

Total Liabilities

$54M

Stockholders' Equity

$95M

Cash & Equivalents

$9M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$43M	$47M	-8.2%
Gross Profit	$6M	$3M	+116.5%
Operating Income	$496,000	-$15M	+103.3%
Net Income	-$6M	-$18M	+65.7%

Revenue Segments

Stainless Steel Pipe

$22M51%

Specialty Chemicals

$21M49%