ARQ Q1 2023 Earnings — Arq, Inc. Revenue & Financial Results | Market Cap Arena

ARQArq, Inc.

$69M

Q1 2023 Earnings

Industrials Industrial - Pollution & Treatment Controls

Income Statement

Revenue

$21M-21.2% YoY

Gross Profit

$4M17.4% margin

Operating Income

-$8M-37.6% margin

Net Income

-$8M-36.1% margin

EPS (Diluted)

$-0.32

QoQ Revenue Growth

-11.1%

Cash Flow

Operating Cash Flow

-$17M

Free Cash Flow

-$21M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$234M

Total Liabilities

$73M

Stockholders' Equity

$161M

Cash & Equivalents

$68M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$21M	$26M	-21.2%
Gross Profit	$4M	$3M	+7.1%
Operating Income	-$8M	-$3M	-134.7%
Net Income	-$8M	-$3M	-147.5%