CASS Q1 2023 Earnings — Cass Information Systems, Inc. Revenue & Financial Results | Market Cap Arena

CASSCass Information Systems, Inc.

$584M

Q1 2023 Earnings

Industrials Specialty Business Services

Income Statement

Revenue

$52M+22.8% YoY

Gross Profit

$47M89.6% margin

Operating Income

$9M17.3% margin

Net Income

$7M13.6% margin

EPS (Diluted)

$0.51

QoQ Revenue Growth

+1.3%

Cash Flow

Operating Cash Flow

$9M

Free Cash Flow

$7M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$2.2B

Stockholders' Equity

$218M

Cash & Equivalents

$210M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$52M	$43M	+22.8%
Gross Profit	$47M	$37M	+28.2%
Operating Income	$9M	$10M	-12.0%
Net Income	$7M	$8M	-13.8%

Revenue Segments

Information Services

$31M50%

Processing Fees

$20M32%

Financial Fees

$11M18%

Bank Service Fees

$264,0000%