OFLX Q1 2024 Earnings — Omega Flex, Inc. Revenue & Financial Results | Market Cap Arena

OFLXOmega Flex, Inc.

$295M

Q1 2024 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$25M-15.9% YoY

Gross Profit

$15M59.9% margin

Operating Income

$5M20.1% margin

Net Income

$4M16.7% margin

EPS (Diluted)

$0.42

QoQ Revenue Growth

-10.4%

Cash Flow

Operating Cash Flow

$3M

Free Cash Flow

$2M

Stock-Based Comp.

$61,000

Balance Sheet

Total Assets

$99M

Total Liabilities

$20M

Stockholders' Equity

$80M

Cash & Equivalents

$45M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$25M	$30M	-15.9%
Gross Profit	$15M	$19M	-18.9%
Operating Income	$5M	$7M	-30.8%
Net Income	$4M	$6M	-26.5%