TMCI Q1 2023 Earnings — Treace Medical Concepts, Inc. Revenue & Financial Results | Market Cap Arena

TMCITreace Medical Concepts, Inc.

$104M

Q1 2023 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$42M+45.3% YoY

Gross Profit

$34M80.9% margin

Operating Income

-$14M-32.6% margin

Net Income

-$13M-31.9% margin

EPS (Diluted)

$-0.22

QoQ Revenue Growth

-15.2%

Cash Flow

Operating Cash Flow

-$17M

Free Cash Flow

-$19M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$249M

Total Liabilities

$92M

Stockholders' Equity

$158M

Cash & Equivalents

$30M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$42M	$29M	+45.3%
Gross Profit	$34M	$24M	+42.8%
Operating Income	-$14M	-$8M	-70.2%
Net Income	-$13M	-$9M	-48.9%