DRVN Q3 2024 Earnings — Driven Brands Holdings Inc. Revenue & Financial Results | Market Cap Arena

DRVNDriven Brands Holdings Inc.

$2B

Q3 2024 Earnings

Consumer Cyclical Auto - Dealerships

Income Statement

Revenue

$592M+1.8% YoY

Gross Profit

$284M48.1% margin

Operating Income

$40M6.7% margin

Net Income

-$15M-2.5% margin

EPS (Diluted)

$-0.09

QoQ Revenue Growth

+14.0%

Cash Flow

Operating Cash Flow

$101M

Free Cash Flow

$38M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$5.8B

Total Liabilities

$4.8B

Stockholders' Equity

$963M

Cash & Equivalents

$204M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$592M	$581M	+1.8%
Gross Profit	$284M	$293M	-2.9%
Operating Income	$40M	-$907M	+104.4%
Net Income	-$15M	-$799M	+98.1%

Revenue Segments

Company-Operated Store Sales

$388M66%

Supply And Other

$77M13%

Independently-Operated Store Sales

$50M8%

Franchise And Royalty

$49M8%

Advertising

$27M5%