WKC Q1 2022 Earnings — World Kinect Corporation Revenue & Financial Results | Market Cap Arena

WKCWorld Kinect Corporation

$1B

Q1 2022 Earnings

Energy Oil & Gas Refining & Marketing

Income Statement

Revenue

$12.3B+96.7% YoY

Gross Profit

$67M0.5% margin

Operating Income

-$8M-0.1% margin

Net Income

$26M0.2% margin

EPS (Diluted)

$0.41

QoQ Revenue Growth

+28.7%

Cash Flow

Operating Cash Flow

-$72M

Free Cash Flow

-$89M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$8.0B

Total Liabilities

$6.0B

Stockholders' Equity

$1.9B

Cash & Equivalents

$266M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$12.3B	$6.3B	+96.7%
Gross Profit	$67M	$77M	-13.2%
Operating Income	-$8M	$17M	-147.7%
Net Income	$26M	$19M	+39.9%