AMAL Q2 2023 Earnings — Amalgamated Financial Corp. Revenue & Financial Results | Market Cap Arena

AMALAmalgamated Financial Corp.

$1B

Q2 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$93M+40.2% YoY

Gross Profit

$66M71.2% margin

Operating Income

$29M31.6% margin

Net Income

$22M23.2% margin

EPS (Diluted)

$0.70

QoQ Revenue Growth

+3.7%

Cash Flow

Operating Cash Flow

$27M

Free Cash Flow

$27M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$7.8B

Total Liabilities

$7.3B

Stockholders' Equity

$528M

Cash & Equivalents

$66M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$93M	$67M	+40.2%
Gross Profit	$66M	$61M	+8.1%
Operating Income	$29M	$26M	+11.2%
Net Income	$22M	$20M	+10.3%