AESI Q1 2024 Earnings — Atlas Energy Solutions Inc. Revenue & Financial Results | Market Cap Arena

AESIAtlas Energy Solutions Inc.

$1B

Q1 2024 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$193M+25.6% YoY

Gross Profit

$69M35.7% margin

Operating Income

$40M20.6% margin

Net Income

$27M13.9% margin

EPS (Diluted)

$0.24

QoQ Revenue Growth

+36.5%

Cash Flow

Operating Cash Flow

$40M

Free Cash Flow

-$56M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$875M

Stockholders' Equity

$1.1B

Cash & Equivalents

$187M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$193M	$153M	+25.6%
Gross Profit	$69M	$82M	-16.5%
Operating Income	$40M	$74M	-46.3%
Net Income	$27M	$56M	-52.4%

Revenue Segments

Product

$113M59%

Service

$79M41%