HLX Q4 2022 Earnings — Helix Energy Solutions Group, Inc. Revenue & Financial Results | Market Cap Arena

HLXHelix Energy Solutions Group, Inc.

$1B

Q4 2022 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$288M+70.7% YoY

Gross Profit

$31M10.9% margin

Operating Income

-$5M-1.8% margin

Net Income

$3M0.9% margin

EPS (Diluted)

$0.02

QoQ Revenue Growth

+5.6%

Cash Flow

Operating Cash Flow

$50M

Free Cash Flow

$21M

Stock-Based Comp.

$800,000

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$873M

Stockholders' Equity

$1.5B

Cash & Equivalents

$187M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$288M	$169M	+70.7%
Gross Profit	$31M	-$5M	+685.0%
Operating Income	-$5M	-$27M	+80.9%
Net Income	$3M	-$26M	+110.5%

Revenue Segments

Well Intervention

$168M69%

Robotics

$49M20%

Production Facilities

$28M11%