ALTG Q1 2023 Earnings — Alta Equipment Group Inc. Revenue & Financial Results | Market Cap Arena

ALTGAlta Equipment Group Inc.

$215M

Q1 2023 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$421M+26.8% YoY

Gross Profit

$121M28.8% margin

Operating Income

$12M2.9% margin

Net Income

$1M0.2% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

-1.8%

Cash Flow

Operating Cash Flow

-$20M

Free Cash Flow

-$38M

Stock-Based Comp.

$800,000

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$1.2B

Stockholders' Equity

$138M

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$421M	$332M	+26.8%
Gross Profit	$121M	$91M	+32.7%
Operating Income	$12M	$5M	+163.0%
Net Income	$1M	-$1M	+183.3%

Revenue Segments

Construction Equipment Segment

$25M58%

Material Handling Segment

$18M42%