VTOL Q1 2023 Earnings — Bristow Group Inc. Revenue & Financial Results | Market Cap Arena

VTOLBristow Group Inc.

$1B

Q1 2023 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$293M+6.3% YoY

Gross Profit

$66M22.6% margin

Operating Income

$6M2.0% margin

Net Income

-$2M-0.5% margin

EPS (Diluted)

$-0.05

QoQ Revenue Growth

-3.7%

Cash Flow

Operating Cash Flow

$7M

Free Cash Flow

-$25M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$1.1B

Stockholders' Equity

$799M

Cash & Equivalents

$198M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$293M	$276M	+6.3%
Gross Profit	$66M	$58M	+14.4%
Operating Income	$6M	-$4M	+254.6%
Net Income	-$2M	-$4M	+64.7%

Revenue Segments

Service

$293M50%

Oil and Gas Service

$182M31%

Government Services

$82M14%

Fixed Wing Services

$26M4%

Service, Other

$3M1%

Geographic Segments

Europe

$173M57%

Americas

$79M26%

Africa

$29M10%

Asia Pacific

$21M7%