BKV Q1 2023 Earnings — BKV Corporation Revenue & Financial Results | Market Cap Arena

BKVBKV Corporation

$3B

Q1 2023 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$219M-21.6% YoY

Gross Profit

$182M83.2% margin

Operating Income

$125M57.1% margin

Net Income

$96M44.0% margin

EPS (Diluted)

$1.14

QoQ Revenue Growth

-48.0%

Cash Flow

Operating Cash Flow

$13M

Free Cash Flow

-$76M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$1.3B

Stockholders' Equity

$1.2B

Cash & Equivalents

$41M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$219M	$279M	-21.6%
Gross Profit	$182M	$258M	-29.4%
Operating Income	$125M	-$220M	+156.9%
Net Income	$96M	-$192M	+150.0%