ALTGAlta Equipment Group Inc.

$215M

Q2 2023 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$468M+15.2% YoY

Gross Profit

$127M27.1% margin

Operating Income

-$16M-3.5% margin

Net Income

$2M0.5% margin

EPS (Diluted)

$0.05

QoQ Revenue Growth

+11.3%

Cash Flow

Operating Cash Flow

-$14M

Free Cash Flow

-$34M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$1.3B

Stockholders' Equity

$141M

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$468M	$407M	+15.2%
Gross Profit	$127M	$106M	+19.8%
Operating Income	-$16M	$13M	-224.6%
Net Income	$2M	$6M	-60.7%

Revenue Segments

Construction Equipment Segment

$31M62%

Material Handling Segment

$19M38%

ALTG Q2 2023 Earnings — Alta Equipment Group Inc. Revenue & Financial Results | Market Cap Arena