ARQ Q1 2024 Earnings — Arq, Inc. Revenue & Financial Results | Market Cap Arena

ARQArq, Inc.

$69M

Q1 2024 Earnings

Industrials Industrial - Pollution & Treatment Controls

Income Statement

Revenue

$22M+4.5% YoY

Gross Profit

$6M29.0% margin

Operating Income

-$3M-13.7% margin

Net Income

-$3M-15.7% margin

EPS (Diluted)

$-0.09

QoQ Revenue Growth

-22.6%

Cash Flow

Operating Cash Flow

$526,000

Free Cash Flow

-$9M

Stock-Based Comp.

$782,000

Balance Sheet

Total Assets

$230M

Total Liabilities

$55M

Stockholders' Equity

$175M

Cash & Equivalents

$35M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$22M	$21M	+4.5%
Gross Profit	$6M	$4M	+73.9%
Operating Income	-$3M	-$8M	+61.9%
Net Income	-$3M	-$8M	+54.5%