ALTG Q3 2024 Earnings — Alta Equipment Group Inc. Revenue & Financial Results | Market Cap Arena

ALTGAlta Equipment Group Inc.

$215M

Q3 2024 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$449M-3.7% YoY

Gross Profit

$125M27.8% margin

Operating Income

$7M1.5% margin

Net Income

-$28M-6.2% margin

EPS (Diluted)

$-0.86

QoQ Revenue Growth

-8.1%

Cash Flow

Operating Cash Flow

$43M

Free Cash Flow

$24M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$1.5B

Stockholders' Equity

$96M

Cash & Equivalents

$15M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$449M	$466M	-3.7%
Gross Profit	$125M	$126M	-1.2%
Operating Income	$7M	$14M	-51.1%
Net Income	-$28M	$7M	-474.3%

Revenue Segments

Parts Sales

$76M39%

Service

$65M33%

Rental Revenue

$54M28%