BORR Q1 2022 Earnings — Borr Drilling Limited Revenue & Financial Results | Market Cap Arena

BORRBorr Drilling Limited

$1B

Q1 2022 Earnings

Energy Oil & Gas Drilling

Income Statement

Revenue

$82M+69.4% YoY

Gross Profit

$53M64.0% margin

Operating Income

-$12M-15.0% margin

Net Income

-$51M-62.6% margin

EPS (Diluted)

$-0.35

QoQ Revenue Growth

+18.7%

Cash Flow

Operating Cash Flow

-$15M

Free Cash Flow

-$22M

Stock-Based Comp.

$300,000

Balance Sheet

Total Assets

$3.1B

Total Liabilities

$2.2B

Stockholders' Equity

$873M

Cash & Equivalents

$50M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$82M	$48M	+69.4%
Gross Profit	$53M	$20M	+162.5%
Operating Income	-$12M	-$41M	+69.7%
Net Income	-$51M	-$54M	+5.7%