INOD Q1 2024 Earnings — Innodata Inc. Revenue & Financial Results | Market Cap Arena

INODInnodata Inc.

$1B

Q1 2024 Earnings

Technology Information Technology Services

Income Statement

Revenue

$27M+40.7% YoY

Gross Profit

$10M36.1% margin

Operating Income

$1M4.7% margin

Net Income

$989,0003.7% margin

EPS (Diluted)

$0.03

QoQ Revenue Growth

+1.5%

Cash Flow

Operating Cash Flow

$7M

Free Cash Flow

$5M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$64M

Total Liabilities

$37M

Stockholders' Equity

$28M

Cash & Equivalents

$19M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$27M	$19M	+40.7%
Gross Profit	$10M	$6M	+56.8%
Operating Income	$1M	-$2M	+173.4%
Net Income	$989,000	-$2M	+146.7%

Revenue Segments

DDS

$20M74%

Agility

$5M19%

Synodex

$2M7%

Geographic Segments

UNITED STATES

$18M67%

UNITED KINGDOM

$2M8%

CANADA

$2M8%

Other - Principally Europe

$2M8%

NETHERLANDS

$2M8%