OFLX Q1 2020 Earnings — Omega Flex, Inc. Revenue & Financial Results | Market Cap Arena

OFLXOmega Flex, Inc.

$285M

Q1 2020 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$25M-5.7% YoY

Gross Profit

$16M62.4% margin

Operating Income

$6M23.1% margin

Net Income

$4M17.2% margin

EPS (Diluted)

$0.43

QoQ Revenue Growth

-15.0%

Cash Flow

Operating Cash Flow

$751,000

Free Cash Flow

$606,000

Stock-Based Comp.

-$467,000

Balance Sheet

Total Assets

$57M

Total Liabilities

$18M

Stockholders' Equity

$39M

Cash & Equivalents

$14M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$25M	$27M	-5.7%
Gross Profit	$16M	$17M	-6.9%
Operating Income	$6M	$6M	+4.5%
Net Income	$4M	$4M	-0.9%