ALTG Q2 2022 Earnings — Alta Equipment Group Inc. Revenue & Financial Results | Market Cap Arena

ALTGAlta Equipment Group Inc.

$215M

Q2 2022 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$407M+38.9% YoY

Gross Profit

$106M26.0% margin

Operating Income

$13M3.2% margin

Net Income

$6M1.5% margin

EPS (Diluted)

$0.17

QoQ Revenue Growth

+22.6%

Cash Flow

Operating Cash Flow

$10M

Free Cash Flow

-$8M

Stock-Based Comp.

$800,000

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$932M

Stockholders' Equity

$139M

Cash & Equivalents

$500,000

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$407M	$293M	+38.9%
Gross Profit	$106M	$77M	+37.6%
Operating Income	$13M	$3M	+306.3%
Net Income	$6M	-$15M	+141.5%

Revenue Segments

Construction Equipment Segment

$29M67%

Material Handling Segment

$14M33%