OFLX Q1 2022 Earnings — Omega Flex, Inc. Revenue & Financial Results | Market Cap Arena

OFLXOmega Flex, Inc.

$295M

Q1 2022 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$31M+1.4% YoY

Gross Profit

$19M61.1% margin

Operating Income

$7M23.5% margin

Net Income

$5M17.4% margin

EPS (Diluted)

$0.54

QoQ Revenue Growth

-11.7%

Cash Flow

Operating Cash Flow

-$4M

Free Cash Flow

-$4M

Stock-Based Comp.

$280,000

Balance Sheet

Total Assets

$84M

Total Liabilities

$22M

Stockholders' Equity

$63M

Cash & Equivalents

$29M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$31M	$31M	+1.4%
Gross Profit	$19M	$20M	-2.3%
Operating Income	$7M	$8M	-11.5%
Net Income	$5M	$6M	-13.0%