OSG Q2 2021 Earnings — Octave Specialty Group, Inc. Revenue & Financial Results | Market Cap Arena

OSGOctave Specialty Group, Inc.

$237M

Q2 2021 Earnings

Financial Services Insurance - Specialty

Income Statement

Revenue

$50M-33.3% YoY

Gross Profit

$76M152.0% margin

Operating Income

-$16M-32.0% margin

Net Income

-$28M-56.0% margin

EPS (Diluted)

$-0.62

QoQ Revenue Growth

-47.4%

Cash Flow

Operating Cash Flow

-$43M

Free Cash Flow

-$43M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$12.9B

Total Liabilities

$11.8B

Stockholders' Equity

$1.1B

Cash & Equivalents

$13M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$50M	$75M	-33.3%
Gross Profit	$76M	$59M	+28.8%
Operating Income	-$16M	-$34M	+52.9%
Net Income	-$28M	-$35M	+20.0%