NINE Q1 2022 Earnings — Nine Energy Service, Inc. Revenue & Financial Results | Market Cap Arena

NINENine Energy Service, Inc.

$537247

Q1 2022 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$117M+75.5% YoY

Gross Profit

$12M10.4% margin

Operating Income

$1M0.9% margin

Net Income

-$7M-5.9% margin

EPS (Diluted)

$-0.23

QoQ Revenue Growth

+11.3%

Cash Flow

Operating Cash Flow

-$6M

Free Cash Flow

-$7M

Stock-Based Comp.

$927,000

Balance Sheet

Total Assets

$391M

Total Liabilities

$436M

Stockholders' Equity

-$45M

Cash & Equivalents

$20M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$117M	$67M	+75.5%
Gross Profit	$12M	-$8M	+262.0%
Operating Income	$1M	-$17M	+106.3%
Net Income	-$7M	-$8M	+16.3%

Revenue Segments

Cement

$45M39%

Tools

$29M25%

Coiled Tubing

$22M18%

Wireline

$21M18%