INOD Q2 2023 Earnings — Innodata Inc. Revenue & Financial Results | Market Cap Arena

INODInnodata Inc.

$1B

Q2 2023 Earnings

Technology Information Technology Services

Income Statement

Revenue

$20M-1.7% YoY

Gross Profit

$7M34.9% margin

Operating Income

-$722,000-3.7% margin

Net Income

-$815,000-4.1% margin

EPS (Diluted)

$-0.03

QoQ Revenue Growth

+4.3%

Cash Flow

Operating Cash Flow

$2M

Free Cash Flow

$1M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$52M

Total Liabilities

$32M

Stockholders' Equity

$21M

Cash & Equivalents

$14M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$20M	$20M	-1.7%
Gross Profit	$7M	$8M	-9.1%
Operating Income	-$722,000	-$3M	+73.6%
Net Income	-$815,000	-$4M	+78.7%

Revenue Segments

DDS

$13M67%

Agility

$4M22%

Synodex

$2M11%

Geographic Segments

UNITED STATES

$11M56%

UNITED KINGDOM

$3M15%

CANADA

$2M11%

Other - Principally Europe

$2M9%

NETHERLANDS

$2M9%