CTOS Q1 2022 Earnings — Custom Truck One Source, Inc. Revenue & Financial Results | Market Cap Arena

CTOSCustom Truck One Source, Inc.

$1B

Q1 2022 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$366M+368.0% YoY

Gross Profit

$68M18.6% margin

Operating Income

$14M3.9% margin

Net Income

-$3M-0.9% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

+2.8%

Cash Flow

Operating Cash Flow

-$17M

Free Cash Flow

-$63M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$2.7B

Total Liabilities

$1.9B

Stockholders' Equity

$859M

Cash & Equivalents

$24M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$366M	$78M	+368.0%
Gross Profit	$68M	$20M	+236.9%
Operating Income	$14M	$9M	+62.8%
Net Income	-$3M	-$28M	+88.3%

Revenue Segments

Sales And Services

$257M70%

Rental Revenue, Excluding Shipping And Handling

$105M29%

Rental Revenue, Shipping And Handling

$4M1%

Geographic Segments

UNITED STATES

$357M97%

CANADA

$10M3%