FIP Q2 2024 Earnings — FTAI Infrastructure Inc. Revenue & Financial Results | Market Cap Arena

FIPFTAI Infrastructure Inc.

$650M

Q2 2024 Earnings

Industrials Conglomerates

Income Statement

Revenue

$85M+3.7% YoY

Gross Profit

$723,0000.9% margin

Operating Income

-$2M-2.5% margin

Net Income

-$37M-43.3% margin

EPS (Diluted)

$-0.52

QoQ Revenue Growth

+2.8%

Cash Flow

Operating Cash Flow

-$18M

Free Cash Flow

-$33M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.5B

Total Liabilities

$1.8B

Stockholders' Equity

$755M

Cash & Equivalents

$33M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$85M	$82M	+3.7%
Gross Profit	$723,000	-$4M	+116.7%
Operating Income	-$2M	-$8M	+73.6%
Net Income	-$37M	-$24M	-55.7%

Revenue Segments

Service, Other

$24M95%

License and Service

$1M5%