NEGG Q1 2022 Earnings — Newegg Commerce, Inc. Revenue & Financial Results | Market Cap Arena

NEGGNewegg Commerce, Inc.

$921M

Q1 2022 Earnings

Consumer Cyclical Specialty Retail

Income Statement

Revenue

$445M-26.2% YoY

Gross Profit

$55M12.4% margin

Operating Income

-$14M-3.2% margin

Net Income

-$9M-2.1% margin

EPS (Diluted)

$-0.51

QoQ Revenue Growth

-29.1%

Cash Flow

Operating Cash Flow

-$25M

Free Cash Flow

-$28M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$515M

Total Liabilities

$336M

Stockholders' Equity

$179M

Cash & Equivalents

$70M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$445M	$603M	-26.2%
Gross Profit	$55M	$83M	-33.6%
Operating Income	-$14M	$11M	-225.7%
Net Income	-$9M	$11M	-187.4%