DRVN Q3 2023 Earnings — Driven Brands Holdings Inc. Revenue & Financial Results | Market Cap Arena

DRVNDriven Brands Holdings Inc.

$2B

Q3 2023 Earnings

Consumer Cyclical Auto - Dealerships

Income Statement

Revenue

$581M+12.5% YoY

Gross Profit

$293M50.4% margin

Operating Income

-$907M-156.1% margin

Net Income

-$799M-137.6% margin

EPS (Diluted)

$-4.83

QoQ Revenue Growth

-4.3%

Cash Flow

Operating Cash Flow

$97M

Free Cash Flow

-$65M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$5.9B

Total Liabilities

$5.0B

Stockholders' Equity

$880M

Cash & Equivalents

$211M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$581M	$517M	+12.5%
Gross Profit	$293M	$284M	+3.2%
Operating Income	-$907M	$96M	-1046.9%
Net Income	-$799M	$38M	-2182.0%

Revenue Segments

Company-Operated Store Sales

$389M67%

Supply And Other

$74M13%

Franchise And Royalty

$47M8%

Independently-Operated Store Sales

$44M8%

Advertising

$27M5%