VSEC Q4 2021 Earnings — VSE Corporation Revenue & Financial Results | Market Cap Arena

VSECVSE Corporation

$5B

Q4 2021 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$210M+40.1% YoY

Gross Profit

$12M5.9% margin

Operating Income

$11M5.1% margin

Net Income

$6M2.9% margin

EPS (Diluted)

$0.49

QoQ Revenue Growth

+4.8%

Cash Flow

Operating Cash Flow

$13M

Free Cash Flow

$10M

Stock-Based Comp.

$964,000

Balance Sheet

Total Assets

$919M

Total Liabilities

$501M

Stockholders' Equity

$417M

Cash & Equivalents

$518,000

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$210M	$150M	+40.1%
Gross Profit	$12M	$13M	-1.1%
Operating Income	$11M	$12M	-9.9%
Net Income	$6M	$6M	+3.1%

Revenue Segments

Product

$125M59%

Service

$85M41%