ARQ Q3 2023 Earnings — Arq, Inc. Revenue & Financial Results | Market Cap Arena

ARQArq, Inc.

$69M

Q3 2023 Earnings

Industrials Industrial - Pollution & Treatment Controls

Income Statement

Revenue

$30M+4.9% YoY

Gross Profit

$6M21.5% margin

Operating Income

-$3M-8.5% margin

Net Income

-$2M-7.3% margin

EPS (Diluted)

$-0.07

QoQ Revenue Growth

+45.9%

Cash Flow

Operating Cash Flow

$14,000

Free Cash Flow

-$7M

Stock-Based Comp.

$702,000

Balance Sheet

Total Assets

$231M

Total Liabilities

$56M

Stockholders' Equity

$174M

Cash & Equivalents

$53M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$30M	$28M	+4.9%
Gross Profit	$6M	$5M	+23.5%
Operating Income	-$3M	-$3M	+3.7%
Net Income	-$2M	-$2M	+9.0%