DRVN Q4 2023 Earnings — Driven Brands Holdings Inc. Revenue & Financial Results | Market Cap Arena

DRVNDriven Brands Holdings Inc.

$2B

Q4 2023 Earnings

Consumer Cyclical Auto - Dealerships

Income Statement

Revenue

$554M+2.6% YoY

Gross Profit

$290M52.4% margin

Operating Income

$46M8.2% margin

Net Income

-$13M-2.4% margin

EPS (Diluted)

$-0.08

QoQ Revenue Growth

-4.7%

Cash Flow

Operating Cash Flow

$23M

Free Cash Flow

-$91M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$5.9B

Total Liabilities

$5.0B

Stockholders' Equity

$906M

Cash & Equivalents

$177M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$554M	$540M	+2.6%
Gross Profit	$290M	$285M	+1.7%
Operating Income	$46M	$66M	-30.8%
Net Income	-$13M	$27M	-148.0%

Revenue Segments

Company-Operated Store Sales

$367M66%

Supply And Other

$73M13%

Franchise And Royalty

$50M9%

Independently-Operated Store Sales

$39M7%

Advertising

$25M5%