VTOL Q1 2024 Earnings — Bristow Group Inc. Revenue & Financial Results | Market Cap Arena

VTOLBristow Group Inc.

$1B

Q1 2024 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$337M+15.1% YoY

Gross Profit

$89M26.3% margin

Operating Income

$23M6.8% margin

Net Income

$7M2.0% margin

EPS (Diluted)

$0.23

QoQ Revenue Growth

-7.1%

Cash Flow

Operating Cash Flow

$27M

Free Cash Flow

-$38M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$1.1B

Stockholders' Equity

$821M

Cash & Equivalents

$141M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$337M	$293M	+15.1%
Gross Profit	$89M	$66M	+34.0%
Operating Income	$23M	$6M	+281.4%
Net Income	$7M	-$2M	+534.0%

Revenue Segments

Service

$329M49%

Oil and Gas Service

$221M33%

Government Services

$82M12%

Fixed Wing Services

$24M4%

Reimbursable

$8M1%

Service, Other

$3M0%

Geographic Segments

Europe

$186M55%

Americas

$97M29%

Africa

$34M10%

Asia Pacific

$19M6%