OSG Q1 2021 Earnings — Octave Specialty Group, Inc. Revenue & Financial Results | Market Cap Arena

OSGOctave Specialty Group, Inc.

$237M

Q1 2021 Earnings

Financial Services Insurance - Specialty

Income Statement

Revenue

$95M+235.7% YoY

Gross Profit

$87M91.6% margin

Operating Income

$18M18.9% margin

Net Income

$17M17.9% margin

EPS (Diluted)

$0.36

QoQ Revenue Growth

+9.2%

Cash Flow

Operating Cash Flow

-$40M

Free Cash Flow

-$40M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$12.8B

Total Liabilities

$11.7B

Stockholders' Equity

$1.1B

Cash & Equivalents

$23M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$95M	-$70M	+235.7%
Gross Profit	$87M	-$187M	+146.5%
Operating Income	$18M	-$286M	+106.3%
Net Income	$17M	-$280M	+106.1%