GOLF Q4 2022 Earnings — Acushnet Holdings Corp. Revenue & Financial Results | Market Cap Arena

GOLFAcushnet Holdings Corp.

$6B

Q4 2022 Earnings

Consumer Cyclical Leisure

Income Statement

Revenue

$447M+6.4% YoY

Gross Profit

$224M50.0% margin

Operating Income

$12M2.6% margin

Net Income

-$58,000-0.0% margin

EPS (Diluted)

$0.02

QoQ Revenue Growth

-19.9%

Cash Flow

Operating Cash Flow

-$9M

Free Cash Flow

-$36M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$2.2B

Total Liabilities

$1.2B

Stockholders' Equity

$939M

Cash & Equivalents

$59M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$447M	$421M	+6.4%
Gross Profit	$224M	$204M	+9.4%
Operating Income	$12M	-$22M	+152.9%
Net Income	-$58,000	-$26M	+99.8%

Revenue Segments

Titleist Golf Balls

$132M30%

Titleist Golf Clubs

$131M29%

Footjoy Golf Wear

$111M25%

Other Segments

$41M9%

Titleist Golf Gear

$32M7%

Geographic Segments

UNITED STATES

$254M57%

KOREA, REPUBLIC OF

$59M13%

EMEA

$47M10%

Rest Of World

$46M10%

JAPAN

$42M9%