HLLY Q1 2023 Earnings — Holley Inc. Revenue & Financial Results | Market Cap Arena

HLLYHolley Inc.

$396M

Q1 2023 Earnings

Consumer Cyclical Auto - Parts

Income Statement

Revenue

$172M-13.9% YoY

Gross Profit

$68M39.3% margin

Operating Income

$26M15.1% margin

Net Income

$4M2.5% margin

EPS (Diluted)

$0.04

QoQ Revenue Growth

+11.7%

Cash Flow

Operating Cash Flow

$4M

Free Cash Flow

$3M

Stock-Based Comp.

$394,000

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$822M

Stockholders' Equity

$420M

Cash & Equivalents

$21M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$172M	$200M	-13.9%
Gross Profit	$68M	$83M	-18.1%
Operating Income	$26M	$36M	-27.9%
Net Income	$4M	$17M	-74.8%