ACNT Q4 2023 Earnings — Ascent Industries Co. Revenue & Financial Results | Market Cap Arena

ACNTAscent Industries Co.

$125M

Q4 2023 Earnings

Basic Materials Steel

Income Statement

Revenue

$41M-49.5% YoY

Gross Profit

-$2M-5.2% margin

Operating Income

-$9M-21.9% margin

Net Income

$11M27.0% margin

EPS (Diluted)

$-0.75

QoQ Revenue Growth

-11.8%

Cash Flow

Operating Cash Flow

$2M

Free Cash Flow

$1M

Stock-Based Comp.

$305,000

Balance Sheet

Total Assets

$163M

Total Liabilities

$56M

Stockholders' Equity

$107M

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$41M	$82M	-49.5%
Gross Profit	-$2M	$2M	-234.6%
Operating Income	-$9M	-$7M	-36.7%
Net Income	$11M	$7M	+68.6%