BORR Q4 2021 Earnings — Borr Drilling Limited Revenue & Financial Results | Market Cap Arena

BORRBorr Drilling Limited

$1B

Q4 2021 Earnings

Energy Oil & Gas Drilling

Income Statement

Revenue

$69M+14.8% YoY

Gross Profit

$33M47.3% margin

Operating Income

-$13M-18.8% margin

Net Income

-$46M-66.7% margin

EPS (Diluted)

$-0.34

QoQ Revenue Growth

-5.3%

Cash Flow

Operating Cash Flow

-$24M

Free Cash Flow

-$30M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.1B

Total Liabilities

$2.2B

Stockholders' Equity

$890M

Cash & Equivalents

$35M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$69M	$60M	+14.8%
Gross Profit	$33M	$31M	+5.1%
Operating Income	-$13M	-$25M	+48.8%
Net Income	-$46M	-$59M	+22.0%

Revenue Segments

Dayrate Segment

$318M100%

Geographic Segments

South East Asia

$78M41%

Europe

$58M30%

MEXICO

$36M19%

West Africa

$18M10%