WLFC Q1 2022 Earnings — Willis Lease Finance Corporation Revenue & Financial Results | Market Cap Arena

WLFCWillis Lease Finance Corporation

$1B

Q1 2022 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$69M+12.6% YoY

Gross Profit

$42M61.2% margin

Operating Income

-$25M-36.5% margin

Net Income

-$21M-30.8% margin

EPS (Diluted)

$-3.70

QoQ Revenue Growth

-9.2%

Cash Flow

Operating Cash Flow

$28M

Free Cash Flow

$4M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$2.0B

Stockholders' Equity

$421M

Cash & Equivalents

$83M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$69M	$61M	+12.6%
Gross Profit	$42M	$33M	+27.0%
Operating Income	-$25M	-$1M	-2042.1%
Net Income	-$21M	-$1M	-1491.7%

Revenue Segments

Spare Parts And Equipment Sales

$7M49%

Managed Services

$5M34%

Other Revenue

$2M17%