VSEC Q4 2022 Earnings — VSE Corporation Revenue & Financial Results | Market Cap Arena

VSECVSE Corporation

$5B

Q4 2022 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$172M-18.2% YoY

Gross Profit

$18M10.4% margin

Operating Income

$16M9.3% margin

Net Income

$5M2.8% margin

EPS (Diluted)

$0.38

QoQ Revenue Growth

+2.8%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

$8M

Stock-Based Comp.

$868,000

Balance Sheet

Total Assets

$1000M

Total Liabilities

$550M

Stockholders' Equity

$450M

Cash & Equivalents

$305,000

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$172M	$210M	-18.2%
Gross Profit	$18M	$12M	+42.8%
Operating Income	$16M	$11M	+48.4%
Net Income	$5M	$6M	-21.8%

Revenue Segments

Product

$143M61%

Service

$91M39%