RDNT Q4 2022 Earnings — RadNet, Inc. Revenue & Financial Results | Market Cap Arena

RDNTRadNet, Inc.

$5B

Q4 2022 Earnings

Healthcare Medical - Diagnostics & Research

Income Statement

Revenue

$384M+15.2% YoY

Gross Profit

$54M14.1% margin

Operating Income

$22M5.6% margin

Net Income

-$935,000-0.2% margin

EPS (Diluted)

$0.09

QoQ Revenue Growth

+9.7%

Cash Flow

Operating Cash Flow

$54M

Free Cash Flow

-$97M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$1.9B

Stockholders' Equity

$333M

Cash & Equivalents

$128M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$384M	$333M	+15.2%
Gross Profit	$54M	$48M	+12.0%
Operating Income	$22M	$5M	+364.4%
Net Income	-$935,000	-$4M	+75.5%

Revenue Segments

Commercial Insurance1

$212M56%

Medicare1

$84M22%

Capitation Arrangements

$38M10%

Workers' Compensation/Personal Injury1

$13M3%

Medicaid1

$10M3%

Health Care, Patient Service Other

$10M3%

Health Care, Other

$7M2%

Health Care, Management Service

$5M1%