MODV Q4 2021 Earnings — ModivCare Inc. Revenue & Financial Results | Market Cap Arena

MODVModivCare Inc.

$6M

Q4 2021 Earnings

Healthcare Medical - Care Facilities

Income Statement

Revenue

$576M+44.5% YoY

Gross Profit

$131M22.7% margin

Operating Income

$20M3.5% margin

Net Income

-$32M-5.5% margin

EPS (Diluted)

$-2.25

QoQ Revenue Growth

+16.8%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

$5M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.0B

Total Liabilities

$1.7B

Stockholders' Equity

$373M

Cash & Equivalents

$133M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$576M	$399M	+44.5%
Gross Profit	$131M	$84M	+55.5%
Operating Income	$20M	$21M	-3.2%
Net Income	-$32M	-$3M	-928.7%

Revenue Segments

Managed Care Organization Contracts

$294M51%

State Medicaid Agency Contracts

$220M38%

Medicare And Medicaid Agency Contracts

$46M8%

Private Pay and Other Contracts

$16M3%