SND Q1 2023 Earnings — Smart Sand, Inc. Revenue & Financial Results | Market Cap Arena

SNDSmart Sand, Inc.

$156M

Q1 2023 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$82M+97.9% YoY

Gross Profit

$12M14.1% margin

Operating Income

-$2M-2.0% margin

Net Income

-$4M-4.4% margin

EPS (Diluted)

$-0.09

QoQ Revenue Growth

+11.5%

Cash Flow

Operating Cash Flow

$5M

Free Cash Flow

$1M

Stock-Based Comp.

$786,000

Balance Sheet

Total Assets

$359M

Total Liabilities

$127M

Stockholders' Equity

$232M

Cash & Equivalents

$8M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$82M	$42M	+97.9%
Gross Profit	$12M	-$2M	+687.4%
Operating Income	-$2M	-$10M	+83.8%
Net Income	-$4M	-$6M	+39.2%

Revenue Segments

Sand

$78M95%

Logistics

$2M3%

Shortfall Revenues

$2M2%