OFLX Q1 2023 Earnings — Omega Flex, Inc. Revenue & Financial Results | Market Cap Arena

OFLXOmega Flex, Inc.

$295M

Q1 2023 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$30M-4.2% YoY

Gross Profit

$19M62.1% margin

Operating Income

$7M24.4% margin

Net Income

$6M19.1% margin

EPS (Diluted)

$0.57

QoQ Revenue Growth

-2.7%

Cash Flow

Operating Cash Flow

$1M

Free Cash Flow

$1M

Stock-Based Comp.

$409,000

Balance Sheet

Total Assets

$94M

Total Liabilities

$21M

Stockholders' Equity

$74M

Cash & Equivalents

$35M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$30M	$31M	-4.2%
Gross Profit	$19M	$19M	-2.5%
Operating Income	$7M	$7M	-0.8%
Net Income	$6M	$5M	+5.3%