BORR Q3 2022 Earnings — Borr Drilling Limited Revenue & Financial Results | Market Cap Arena

BORRBorr Drilling Limited

$1B

Q3 2022 Earnings

Energy Oil & Gas Drilling

Income Statement

Revenue

$108M+47.8% YoY

Gross Profit

$79M72.9% margin

Operating Income

$4M3.6% margin

Net Income

-$55M-50.9% margin

EPS (Diluted)

$-0.30

QoQ Revenue Growth

+2.5%

Cash Flow

Operating Cash Flow

$8M

Free Cash Flow

-$12M

Stock-Based Comp.

$500,000

Balance Sheet

Total Assets

$3.3B

Total Liabilities

$2.4B

Stockholders' Equity

$918M

Cash & Equivalents

$30M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$108M	$73M	+47.8%
Gross Profit	$79M	$45M	+76.5%
Operating Income	$4M	-$9M	+144.8%
Net Income	-$55M	-$33M	-68.4%