BORR Q2 2023 Earnings — Borr Drilling Limited Revenue & Financial Results | Market Cap Arena

BORRBorr Drilling Limited

$1B

Q2 2023 Earnings

Energy Oil & Gas Drilling

Income Statement

Revenue

$188M+78.1% YoY

Gross Profit

$160M85.1% margin

Operating Income

$60M31.9% margin

Net Income

$800,0000.4% margin

EPS (Diluted)

$0.00

QoQ Revenue Growth

+9.0%

Cash Flow

Operating Cash Flow

$2M

Free Cash Flow

-$23M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$3.0B

Total Liabilities

$2.1B

Stockholders' Equity

$906M

Cash & Equivalents

$84M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$188M	$105M	+78.1%
Gross Profit	$160M	$76M	+110.4%
Operating Income	$60M	-$123M	+148.7%
Net Income	$800,000	-$165M	+100.5%