BORR Q1 2021 Earnings — Borr Drilling Limited Revenue & Financial Results | Market Cap Arena

BORRBorr Drilling Limited

$1B

Q1 2021 Earnings

Energy Oil & Gas Drilling

Income Statement

Revenue

$48M-53.5% YoY

Gross Profit

$20M41.3% margin

Operating Income

-$41M-83.9% margin

Net Income

-$54M-112.4% margin

EPS (Diluted)

$-0.42

QoQ Revenue Growth

-19.6%

Cash Flow

Operating Cash Flow

-$17M

Free Cash Flow

-$20M

Stock-Based Comp.

$700,000

Balance Sheet

Total Assets

$3.2B

Total Liabilities

$2.1B

Stockholders' Equity

$1.0B

Cash & Equivalents

$49M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$48M	$104M	-53.5%
Gross Profit	$20M	$72M	-72.1%
Operating Income	-$41M	-$27M	-51.5%
Net Income	-$54M	-$87M	+37.5%