ARQ Q2 2023 Earnings — Arq, Inc. Revenue & Financial Results | Market Cap Arena

ARQArq, Inc.

$69M

Q2 2023 Earnings

Industrials Industrial - Pollution & Treatment Controls

Income Statement

Revenue

$20M-17.4% YoY

Gross Profit

$5M25.0% margin

Operating Income

-$6M-29.8% margin

Net Income

-$6M-28.6% margin

EPS (Diluted)

$-0.21

QoQ Revenue Growth

-1.7%

Cash Flow

Operating Cash Flow

-$3M

Free Cash Flow

-$10M

Stock-Based Comp.

$545,000

Balance Sheet

Total Assets

$234M

Total Liabilities

$59M

Stockholders' Equity

$175M

Cash & Equivalents

$59M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$20M	$25M	-17.4%
Gross Profit	$5M	$5M	+5.8%
Operating Income	-$6M	-$3M	-122.5%
Net Income	-$6M	-$326,000	-1696.3%