ORGN Q1 2024 Earnings — Origin Materials, Inc. Revenue & Financial Results | Market Cap Arena

ORGNOrigin Materials, Inc.

$23M

Q1 2024 Earnings

Basic Materials Chemicals

Income Statement

Revenue

$7M+300.5% YoY

Gross Profit

-$2M-31.8% margin

Operating Income

-$18M-263.7% margin

Net Income

-$14M-203.9% margin

EPS (Diluted)

$-0.10

QoQ Revenue Growth

-47.8%

Cash Flow

Operating Cash Flow

-$17M

Free Cash Flow

-$19M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$449M

Total Liabilities

$40M

Stockholders' Equity

$408M

Cash & Equivalents

$76M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$7M	$2M	+300.5%
Gross Profit	-$2M	$744,000	-392.1%
Operating Income	-$18M	-$12M	-46.6%
Net Income	-$14M	$10M	-242.4%

Revenue Segments

Product

$7M100%

Service

$3,0000%