OFLX Q2 2024 Earnings — Omega Flex, Inc. Revenue & Financial Results | Market Cap Arena

OFLXOmega Flex, Inc.

$295M

Q2 2024 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$25M-4.7% YoY

Gross Profit

$15M61.8% margin

Operating Income

$5M21.5% margin

Net Income

$4M18.3% margin

EPS (Diluted)

$0.45

QoQ Revenue Growth

-2.4%

Cash Flow

Operating Cash Flow

$4M

Free Cash Flow

$4M

Stock-Based Comp.

-$49,000

Balance Sheet

Total Assets

$100M

Total Liabilities

$19M

Stockholders' Equity

$81M

Cash & Equivalents

$46M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$25M	$26M	-4.7%
Gross Profit	$15M	$16M	-3.7%
Operating Income	$5M	$6M	-4.3%
Net Income	$4M	$5M	-1.3%