TILE Q1 2023 Earnings — Interface, Inc. Revenue & Financial Results | Market Cap Arena

TILEInterface, Inc.

$2B

Q1 2023 Earnings

Consumer Cyclical Furnishings, Fixtures & Appliances

Income Statement

Revenue

$296M+2.7% YoY

Gross Profit

$96M32.4% margin

Operating Income

$9M3.2% margin

Net Income

-$714,000-0.2% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

-11.8%

Cash Flow

Operating Cash Flow

$30M

Free Cash Flow

$24M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$886M

Stockholders' Equity

$367M

Cash & Equivalents

$101M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$296M	$288M	+2.7%
Gross Profit	$96M	$107M	-10.2%
Operating Income	$9M	$27M	-65.4%
Net Income	-$714,000	$13M	-105.4%

Geographic Segments

AMS

$169M57%

EAAA

$127M43%