FIP Q2 2023 Earnings — FTAI Infrastructure Inc. Revenue & Financial Results | Market Cap Arena

FIPFTAI Infrastructure Inc.

$650M

Q2 2023 Earnings

Industrials Conglomerates

Income Statement

Revenue

$82M+24.2% YoY

Gross Profit

-$4M-5.3% margin

Operating Income

-$8M-9.8% margin

Net Income

-$24M-28.8% margin

EPS (Diluted)

$-0.38

QoQ Revenue Growth

+7.0%

Cash Flow

Operating Cash Flow

-$5M

Free Cash Flow

-$31M

Stock-Based Comp.

$642,000

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$1.6B

Stockholders' Equity

$875M

Cash & Equivalents

$43M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$82M	$66M	+24.2%
Gross Profit	-$4M	-$4M	-15.3%
Operating Income	-$8M	-$6M	-28.5%
Net Income	-$24M	-$29M	+20.0%

Revenue Segments

Service, Other

$21M97%

License and Service

$719,0003%

Product and Service, Other

-$136,000-1%