ALTG Q1 2024 Earnings — Alta Equipment Group Inc. Revenue & Financial Results | Market Cap Arena

ALTGAlta Equipment Group Inc.

$215M

Q1 2024 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$442M+5.0% YoY

Gross Profit

$121M27.3% margin

Operating Income

-$900,000-0.2% margin

Net Income

-$12M-2.7% margin

EPS (Diluted)

$-0.38

QoQ Revenue Growth

-15.3%

Cash Flow

Operating Cash Flow

-$14M

Free Cash Flow

-$31M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$1.4B

Stockholders' Equity

$137M

Cash & Equivalents

$6M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$442M	$421M	+5.0%
Gross Profit	$121M	$121M	-0.6%
Operating Income	-$900,000	$12M	-107.4%
Net Income	-$12M	$1M	-1290.0%

Revenue Segments

Parts Sales

$73M39%

Service

$64M35%

Rental Revenue

$49M26%