RAND Q1 2024 Earnings — Rand Capital Corporation Revenue & Financial Results | Market Cap Arena

RANDRand Capital Corporation

$36M

Q1 2024 Earnings

Financial Services Asset Management

Income Statement

Revenue

$2M-20.2% YoY

Gross Profit

$2M82.4% margin

Operating Income

$1M63.3% margin

Net Income

$1M63.3% margin

EPS (Diluted)

$0.54

QoQ Revenue Growth

+17.8%

Cash Flow

Operating Cash Flow

-$88,097

Free Cash Flow

-$88,100

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$84M

Total Liabilities

$23M

Stockholders' Equity

$62M

Cash & Equivalents

$759,183

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2M	$3M	-20.2%
Gross Profit	$2M	$3M	-30.2%
Operating Income	$1M	$2M	-38.0%
Net Income	$1M	$2M	-35.5%