VTOL Q2 2023 Earnings — Bristow Group Inc. Revenue & Financial Results | Market Cap Arena

VTOLBristow Group Inc.

$1B

Q2 2023 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$312M+5.9% YoY

Gross Profit

$71M22.7% margin

Operating Income

$6M1.8% margin

Net Income

-$2M-0.5% margin

EPS (Diluted)

$-0.06

QoQ Revenue Growth

+6.3%

Cash Flow

Operating Cash Flow

$18M

Free Cash Flow

$6M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$1.1B

Stockholders' Equity

$813M

Cash & Equivalents

$212M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$312M	$294M	+5.9%
Gross Profit	$71M	$70M	+1.7%
Operating Income	$6M	$6M	-2.4%
Net Income	-$2M	$4M	-141.1%

Revenue Segments

Service

$312M50%

Oil and Gas Service

$195M31%

Government Services

$87M14%

Fixed Wing Services

$26M4%

Service, Other

$3M0%

Geographic Segments

Europe

$179M56%

Americas

$90M28%

Africa

$30M9%

Asia Pacific

$21M7%