ORGN Q2 2024 Earnings — Origin Materials, Inc. Revenue & Financial Results | Market Cap Arena

ORGNOrigin Materials, Inc.

$23M

Q2 2024 Earnings

Basic Materials Chemicals

Income Statement

Revenue

$7M+2.0% YoY

Gross Profit

$207,0002.9% margin

Operating Income

-$18M-259.6% margin

Net Income

-$19M-277.3% margin

EPS (Diluted)

$-0.14

QoQ Revenue Growth

+3.0%

Cash Flow

Operating Cash Flow

-$15M

Free Cash Flow

-$16M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$431M

Total Liabilities

$40M

Stockholders' Equity

$391M

Cash & Equivalents

$56M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$7M	$7M	+2.0%
Gross Profit	$207,000	$84,000	+146.4%
Operating Income	-$18M	-$14M	-27.9%
Net Income	-$19M	-$6M	-201.7%

Revenue Segments

Product

$7M100%