AMAL Q1 2023 Earnings — Amalgamated Financial Corp. Revenue & Financial Results | Market Cap Arena

AMALAmalgamated Financial Corp.

$1B

Q1 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$90M+56.6% YoY

Gross Profit

$67M74.9% margin

Operating Income

$29M32.1% margin

Net Income

$21M23.7% margin

EPS (Diluted)

$0.69

QoQ Revenue Growth

+6.9%

Cash Flow

Operating Cash Flow

$35M

Free Cash Flow

$35M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$7.8B

Total Liabilities

$7.3B

Stockholders' Equity

$519M

Cash & Equivalents

$131M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$90M	$57M	+56.6%
Gross Profit	$67M	$53M	+27.0%
Operating Income	$29M	$19M	+51.3%
Net Income	$21M	$14M	+50.6%