BKV Q1 2024 Earnings — BKV Corporation Revenue & Financial Results | Market Cap Arena

BKVBKV Corporation

$3B

Q1 2024 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$155M-29.2% YoY

Gross Profit

$103M66.3% margin

Operating Income

-$35M-22.6% margin

Net Income

-$39M-24.9% margin

EPS (Diluted)

$-0.46

QoQ Revenue Growth

-17.5%

Cash Flow

Operating Cash Flow

$19M

Free Cash Flow

-$610,000

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$1.2B

Stockholders' Equity

$1.4B

Cash & Equivalents

$22M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$155M	$219M	-29.2%
Gross Profit	$103M	$182M	-43.6%
Operating Income	-$35M	$125M	-128.1%
Net Income	-$39M	$96M	-140.1%