CLMB Q1 2023 Earnings — Climb Global Solutions, Inc. Revenue & Financial Results | Market Cap Arena

CLMBClimb Global Solutions, Inc.

$399M

Q1 2023 Earnings

Technology Technology Distributors

Income Statement

Revenue

$85M+19.2% YoY

Gross Profit

$15M17.9% margin

Operating Income

$4M5.0% margin

Net Income

$3M3.9% margin

EPS (Diluted)

$0.74

QoQ Revenue Growth

-4.3%

Cash Flow

Operating Cash Flow

$44M

Free Cash Flow

$42M

Stock-Based Comp.

$529,000

Balance Sheet

Total Assets

$247M

Total Liabilities

$182M

Stockholders' Equity

$64M

Cash & Equivalents

$62M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$85M	$71M	+19.2%
Gross Profit	$15M	$12M	+30.8%
Operating Income	$4M	$3M	+25.4%
Net Income	$3M	$3M	+25.8%

Revenue Segments

Distribution

$79M92%

Solutions

$6M8%

Geographic Segments

Foreign operations

$25M100%