DTI Q1 2023 Earnings — Drilling Tools International Corp. Revenue & Financial Results | Market Cap Arena

DTIDrilling Tools International Corp.

$131M

Q1 2023 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$41M+57.1% YoY

Gross Profit

$26M64.6% margin

Operating Income

$8M19.4% margin

Net Income

$6M14.0% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

+11.3%

Cash Flow

Operating Cash Flow

$7M

Free Cash Flow

$22,000

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$111M

Total Liabilities

$74M

Stockholders' Equity

$37M

Cash & Equivalents

$820,000

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$41M	$26M	+57.1%
Gross Profit	$26M	$19M	+42.3%
Operating Income	$8M	$1M	+560.1%
Net Income	$6M	$1M	+327.7%