ALTO Q2 2023 Earnings — Alto Ingredients, Inc. Revenue & Financial Results | Market Cap Arena

ALTOAlto Ingredients, Inc.

$356M

Q2 2023 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$317M-12.4% YoY

Gross Profit

$17M5.4% margin

Operating Income

$9M2.9% margin

Net Income

$8M2.4% margin

EPS (Diluted)

$0.10

QoQ Revenue Growth

+1.1%

Cash Flow

Operating Cash Flow

$10M

Free Cash Flow

$2M

Stock-Based Comp.

$959,000

Balance Sheet

Total Assets

$471M

Total Liabilities

$171M

Stockholders' Equity

$301M

Cash & Equivalents

$23M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$317M	$362M	-12.4%
Gross Profit	$17M	$9M	+94.3%
Operating Income	$9M	-$152,000	+6198.7%
Net Income	$8M	$22M	-65.7%

Revenue Segments

Corporate and Other

$4M100%