ACNT Q4 2022 Earnings — Ascent Industries Co. Revenue & Financial Results | Market Cap Arena

ACNTAscent Industries Co.

$125M

Q4 2022 Earnings

Basic Materials Steel

Income Statement

Revenue

$82M-14.7% YoY

Gross Profit

$2M2.0% margin

Operating Income

-$7M-8.1% margin

Net Income

$7M8.1% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

+4.3%

Cash Flow

Operating Cash Flow

$5M

Free Cash Flow

$3M

Stock-Based Comp.

$446,000

Balance Sheet

Total Assets

$269M

Total Liabilities

$135M

Stockholders' Equity

$134M

Cash & Equivalents

$1M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$82M	$96M	-14.7%
Gross Profit	$2M	$20M	-92.0%
Operating Income	-$7M	$10M	-162.8%
Net Income	$7M	$8M	-18.1%

Revenue Segments

Stainless Steel Pipe

$42M73%

Seamless Carbon Steel Pipe And Tube

$11M20%

Galvanized Pipe

$4M8%