OFLX Q4 2022 Earnings — Omega Flex, Inc. Revenue & Financial Results | Market Cap Arena

OFLXOmega Flex, Inc.

$295M

Q4 2022 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$31M-13.1% YoY

Gross Profit

$19M60.5% margin

Operating Income

$8M24.9% margin

Net Income

$6M20.1% margin

EPS (Diluted)

$0.61

QoQ Revenue Growth

-2.6%

Cash Flow

Operating Cash Flow

$11M

Free Cash Flow

$11M

Stock-Based Comp.

$105,000

Balance Sheet

Total Assets

$98M

Total Liabilities

$27M

Stockholders' Equity

$71M

Cash & Equivalents

$38M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$31M	$35M	-13.1%
Gross Profit	$19M	$22M	-16.2%
Operating Income	$8M	$10M	-23.3%
Net Income	$6M	$8M	-18.6%