NGVTIngevity Corporation

$2B

Q4 2023 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$372M-3.1% YoY

Gross Profit

$60M16.0% margin

Operating Income

$9M2.4% margin

Net Income

-$117M-31.4% margin

EPS (Diluted)

$-3.23

QoQ Revenue Growth

-16.7%

Cash Flow

Operating Cash Flow

$45M

Free Cash Flow

$15M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$2.0B

Stockholders' Equity

$631M

Cash & Equivalents

$96M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$372M	$384M	-3.1%
Gross Profit	$60M	$106M	-44.0%
Operating Income	$9M	$35M	-74.3%
Net Income	-$117M	$16M	-848.7%

Revenue Segments

Performance Chemicals

$177M54%

Performance Materials

$153M46%

Geographic Segments

North America

$215M58%

Asia Pacific

$100M27%

Europe, Middle East, and Africa

$48M13%

South America

$9M2%

NGVT Q4 2023 Earnings — Ingevity Corporation Revenue & Financial Results | Market Cap Arena