OFLX Q4 2023 Earnings — Omega Flex, Inc. Revenue & Financial Results | Market Cap Arena

OFLXOmega Flex, Inc.

$295M

Q4 2023 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$28M-8.7% YoY

Gross Profit

$17M60.4% margin

Operating Income

$6M21.7% margin

Net Income

$5M17.4% margin

EPS (Diluted)

$0.48

QoQ Revenue Growth

+2.4%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

$12M

Stock-Based Comp.

$7,000

Balance Sheet

Total Assets

$100M

Total Liabilities

$21M

Stockholders' Equity

$79M

Cash & Equivalents

$46M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$28M	$31M	-8.7%
Gross Profit	$17M	$19M	-8.9%
Operating Income	$6M	$8M	-20.3%
Net Income	$5M	$6M	-20.9%