MODV Q4 2023 Earnings — ModivCare Inc. Revenue & Financial Results | Market Cap Arena

MODVModivCare Inc.

$6M

Q4 2023 Earnings

Healthcare Medical - Care Facilities

Income Statement

Revenue

$703M+7.5% YoY

Gross Profit

$117M16.7% margin

Operating Income

$16M2.2% margin

Net Income

-$5M-0.7% margin

EPS (Diluted)

$-0.37

QoQ Revenue Growth

+2.3%

Cash Flow

Operating Cash Flow

-$26M

Free Cash Flow

-$37M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$1.6B

Stockholders' Equity

$156M

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$703M	$654M	+7.5%
Gross Profit	$117M	$120M	-2.2%
Operating Income	$16M	$7M	+136.9%
Net Income	-$5M	-$5M	-5.0%

Revenue Segments

Grant

$14M100%