OFLX Q2 2020 Earnings — Omega Flex, Inc. Revenue & Financial Results | Market Cap Arena

OFLXOmega Flex, Inc.

$285M

Q2 2020 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$22M-18.6% YoY

Gross Profit

$13M60.8% margin

Operating Income

$5M22.4% margin

Net Income

$4M16.4% margin

EPS (Diluted)

$0.35

QoQ Revenue Growth

-13.6%

Cash Flow

Operating Cash Flow

$9M

Free Cash Flow

$9M

Stock-Based Comp.

$609,000

Balance Sheet

Total Assets

$60M

Total Liabilities

$20M

Stockholders' Equity

$39M

Cash & Equivalents

$19M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$22M	$27M	-18.6%
Gross Profit	$13M	$17M	-20.8%
Operating Income	$5M	$5M	-5.0%
Net Income	$4M	$4M	-10.3%