RAND Q3 2023 Earnings — Rand Capital Corporation Revenue & Financial Results | Market Cap Arena

RANDRand Capital Corporation

$36M

Q3 2023 Earnings

Financial Services Asset Management

Income Statement

Revenue

$1M-6.5% YoY

Gross Profit

$1M77.8% margin

Operating Income

$728,09955.5% margin

Net Income

$595,50445.4% margin

EPS (Diluted)

$0.23

QoQ Revenue Growth

-59.6%

Cash Flow

Operating Cash Flow

$468,626

Free Cash Flow

$468,630

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$79M

Total Liabilities

$18M

Stockholders' Equity

$61M

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1M	$1M	-6.5%
Gross Profit	$1M	$1M	-25.8%
Operating Income	$728,099	$1M	-36.7%
Net Income	$595,504	$1M	-46.1%