MODV Q3 2021 Earnings — ModivCare Inc. Revenue & Financial Results | Market Cap Arena

MODVModivCare Inc.

$6M

Q3 2021 Earnings

Healthcare Medical - Care Facilities

Income Statement

Revenue

$493M+53.8% YoY

Gross Profit

$94M19.0% margin

Operating Income

$13M2.7% margin

Net Income

-$8M-1.5% margin

EPS (Diluted)

$-0.54

QoQ Revenue Growth

+3.9%

Cash Flow

Operating Cash Flow

$6M

Free Cash Flow

-$139,000

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$1.7B

Stockholders' Equity

$404M

Cash & Equivalents

$127M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$493M	$321M	+53.8%
Gross Profit	$94M	$85M	+10.2%
Operating Income	$13M	$43M	-69.7%
Net Income	-$8M	$35M	-121.4%

Revenue Segments

Managed Care Organization Contracts

$237M39%

State Medicaid Agency Contracts

$204M33%

Personal Care FFS Contract

$119M19%

Medicare And Medicaid Agency Contracts

$44M7%

Private Pay and Other Contracts

$7M1%

RPM PMPM Contracts

$2M0%