MODV Q3 2022 Earnings — ModivCare Inc. Revenue & Financial Results | Market Cap Arena

MODVModivCare Inc.

$6M

Q3 2022 Earnings

Healthcare Medical - Care Facilities

Income Statement

Revenue

$648M+31.4% YoY

Gross Profit

$113M17.5% margin

Operating Income

$12M1.9% margin

Net Income

-$2M-0.3% margin

EPS (Diluted)

$-0.15

QoQ Revenue Growth

+3.1%

Cash Flow

Operating Cash Flow

-$6M

Free Cash Flow

-$15M

Stock-Based Comp.

$656,000

Balance Sheet

Total Assets

$2.0B

Total Liabilities

$1.6B

Stockholders' Equity

$354M

Cash & Equivalents

$73M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$648M	$493M	+31.4%
Gross Profit	$113M	$94M	+20.7%
Operating Income	$12M	$13M	-5.2%
Net Income	-$2M	-$8M	+72.8%

Revenue Segments

State Medicaid Agency Contracts

$547M85%

Medicare And Medicaid Agency Contracts

$92M14%

Private Pay and Other Contracts

$8M1%