ALTG Q2 2024 Earnings — Alta Equipment Group Inc. Revenue & Financial Results | Market Cap Arena

ALTGAlta Equipment Group Inc.

$215M

Q2 2024 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$488M+4.2% YoY

Gross Profit

$132M27.0% margin

Operating Income

$10M2.1% margin

Net Income

-$12M-2.4% margin

EPS (Diluted)

$-0.38

QoQ Revenue Growth

+10.5%

Cash Flow

Operating Cash Flow

-$11M

Free Cash Flow

-$31M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$1.5B

Stockholders' Equity

$125M

Cash & Equivalents

$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$488M	$468M	+4.2%
Gross Profit	$132M	$127M	+4.1%
Operating Income	$10M	-$16M	+163.6%
Net Income	-$12M	$2M	-595.8%

Revenue Segments

Parts Sales

$78M39%

Service

$66M33%

Rental Revenue

$54M27%