FIP Q1 2024 Earnings — FTAI Infrastructure Inc. Revenue & Financial Results | Market Cap Arena

FIPFTAI Infrastructure Inc.

$650M

Q1 2024 Earnings

Industrials Conglomerates

Income Statement

Revenue

$83M+7.9% YoY

Gross Profit

-$6M-6.7% margin

Operating Income

-$10M-12.6% margin

Net Income

-$40M-48.0% margin

EPS (Diluted)

$-0.54

QoQ Revenue Growth

+1.3%

Cash Flow

Operating Cash Flow

-$4M

Free Cash Flow

-$17M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.3B

Total Liabilities

$1.7B

Stockholders' Equity

$745M

Cash & Equivalents

$23M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$83M	$76M	+7.9%
Gross Profit	-$6M	$76M	-107.3%
Operating Income	-$10M	-$15M	+30.4%
Net Income	-$40M	-$26M	-52.2%

Revenue Segments

Service, Other

$22M95%

License and Service

$1M5%

Product and Service, Other

$1,0000%