HLLY Q2 2023 Earnings — Holley Inc. Revenue & Financial Results | Market Cap Arena

HLLYHolley Inc.

$396M

Q2 2023 Earnings

Consumer Cyclical Auto - Parts

Income Statement

Revenue

$175M-2.3% YoY

Gross Profit

$70M39.8% margin

Operating Income

$30M17.1% margin

Net Income

$13M7.4% margin

EPS (Diluted)

$0.11

QoQ Revenue Growth

+1.8%

Cash Flow

Operating Cash Flow

$31M

Free Cash Flow

$29M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$815M

Stockholders' Equity

$435M

Cash & Equivalents

$43M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$175M	$179M	-2.3%
Gross Profit	$70M	$75M	-7.4%
Operating Income	$30M	$25M	+19.1%
Net Income	$13M	$41M	-68.0%