MODV Q4 2022 Earnings — ModivCare Inc. Revenue & Financial Results | Market Cap Arena

MODVModivCare Inc.

$6M

Q4 2022 Earnings

Healthcare Medical - Care Facilities

Income Statement

Revenue

$654M+13.6% YoY

Gross Profit

$120M18.3% margin

Operating Income

$7M1.0% margin

Net Income

-$5M-0.8% margin

EPS (Diluted)

$-0.35

QoQ Revenue Growth

+0.9%

Cash Flow

Operating Cash Flow

-$56M

Free Cash Flow

-$63M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$1.6B

Stockholders' Equity

$355M

Cash & Equivalents

$14M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$654M	$576M	+13.6%
Gross Profit	$120M	$131M	-8.2%
Operating Income	$7M	$20M	-67.3%
Net Income	-$5M	-$32M	+84.1%

Revenue Segments

Grant

$6M100%