RAND Q1 2023 Earnings — Rand Capital Corporation Revenue & Financial Results | Market Cap Arena

RANDRand Capital Corporation

$36M

Q1 2023 Earnings

Financial Services Asset Management

Income Statement

Revenue

$3M+4318.5% YoY

Gross Profit

$3M94.3% margin

Operating Income

$2M81.5% margin

Net Income

$2M78.3% margin

EPS (Diluted)

$0.84

QoQ Revenue Growth

+219.0%

Cash Flow

Operating Cash Flow

-$4M

Free Cash Flow

-$4M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$71M

Total Liabilities

$11M

Stockholders' Equity

$59M

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3M	-$65,674	+4318.5%
Gross Profit	$3M	-$65,674	+4077.3%
Operating Income	$2M	-$410,537	+650.3%
Net Income	$2M	-$410,537	+628.6%