MODV Q1 2022 Earnings — ModivCare Inc. Revenue & Financial Results | Market Cap Arena

MODVModivCare Inc.

$6M

Q1 2022 Earnings

Healthcare Medical - Care Facilities

Income Statement

Revenue

$574M+26.6% YoY

Gross Profit

$115M20.0% margin

Operating Income

$15M2.6% margin

Net Income

-$165,000-0.0% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

-0.2%

Cash Flow

Operating Cash Flow

$69M

Free Cash Flow

$60M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$1.7B

Stockholders' Equity

$376M

Cash & Equivalents

$194M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$574M	$454M	+26.6%
Gross Profit	$115M	$93M	+23.5%
Operating Income	$15M	$29M	-48.4%
Net Income	-$165,000	$19M	-100.9%

Revenue Segments

Medicare And Medicaid Agency Contracts

$57M81%

Private Pay and Other Contracts

$14M19%