MODV Q2 2022 Earnings — ModivCare Inc. Revenue & Financial Results | Market Cap Arena

MODVModivCare Inc.

$6M

Q2 2022 Earnings

Healthcare Medical - Care Facilities

Income Statement

Revenue

$628M+32.4% YoY

Gross Profit

$124M19.7% margin

Operating Income

$23M3.7% margin

Net Income

$5M0.9% margin

EPS (Diluted)

$0.38

QoQ Revenue Growth

+9.4%

Cash Flow

Operating Cash Flow

-$18M

Free Cash Flow

-$25M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$1.7B

Stockholders' Equity

$382M

Cash & Equivalents

$88M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$628M	$474M	+32.4%
Gross Profit	$124M	$95M	+30.7%
Operating Income	$23M	$28M	-16.0%
Net Income	$5M	$14M	-60.6%

Revenue Segments

Medicare And Medicaid Agency Contracts

$75M82%

Private Pay and Other Contracts

$10M11%

Grant

$6M7%