TR Q2 2022 Earnings — Tootsie Roll Industries, Inc. Revenue & Financial Results | Market Cap Arena

TRTootsie Roll Industries, Inc.

$3B

Q2 2022 Earnings

Consumer Defensive Food Confectioners

Income Statement

Revenue

$143M+24.2% YoY

Gross Profit

$48M33.2% margin

Operating Income

$27M18.8% margin

Net Income

$12M8.4% margin

EPS (Diluted)

$0.17

QoQ Revenue Growth

+2.0%

Cash Flow

Operating Cash Flow

-$16M

Free Cash Flow

-$20M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$232M

Stockholders' Equity

$769M

Cash & Equivalents

$47M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$143M	$115M	+24.2%
Gross Profit	$48M	$39M	+21.3%
Operating Income	$27M	$7M	+290.8%
Net Income	$12M	$10M	+22.4%

Revenue Segments

Product

$142M99%

Rental and Royalty

$1M1%