BORR Q2 2022 Earnings — Borr Drilling Limited Revenue & Financial Results | Market Cap Arena

BORRBorr Drilling Limited

$1B

Q2 2022 Earnings

Energy Oil & Gas Drilling

Income Statement

Revenue

$105M+92.2% YoY

Gross Profit

$76M72.0% margin

Operating Income

-$123M-116.8% margin

Net Income

-$165M-157.0% margin

EPS (Diluted)

$-1.09

QoQ Revenue Growth

+28.4%

Cash Flow

Operating Cash Flow

-$9M

Free Cash Flow

-$25M

Stock-Based Comp.

$200,000

Balance Sheet

Total Assets

$3.0B

Total Liabilities

$2.3B

Stockholders' Equity

$712M

Cash & Equivalents

$31M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$105M	$55M	+92.2%
Gross Profit	$76M	$28M	+166.9%
Operating Income	-$123M	-$26M	-373.1%
Net Income	-$165M	-$60M	-176.0%

Geographic Segments

South East Asia

$39M37%

West Africa

$25M23%

Europe

$19M18%

MEXICO

$18M17%

Middle East

$5M5%