OFLX Q2 2022 Earnings — Omega Flex, Inc. Revenue & Financial Results | Market Cap Arena

OFLXOmega Flex, Inc.

$295M

Q2 2022 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$32M-0.7% YoY

Gross Profit

$21M65.5% margin

Operating Income

$7M23.1% margin

Net Income

$5M17.2% margin

EPS (Diluted)

$0.54

QoQ Revenue Growth

+1.5%

Cash Flow

Operating Cash Flow

$5M

Free Cash Flow

$4M

Stock-Based Comp.

-$148,000

Balance Sheet

Total Assets

$89M

Total Liabilities

$24M

Stockholders' Equity

$65M

Cash & Equivalents

$30M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$32M	$32M	-0.7%
Gross Profit	$21M	$20M	+5.6%
Operating Income	$7M	$8M	-12.8%
Net Income	$5M	$6M	-11.9%