WLFC Q1 2023 Earnings — Willis Lease Finance Corporation Revenue & Financial Results | Market Cap Arena

WLFCWillis Lease Finance Corporation

$1B

Q1 2023 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$90M+30.1% YoY

Gross Profit

$59M65.4% margin

Operating Income

$8M8.9% margin

Net Income

$4M4.9% margin

EPS (Diluted)

$0.55

QoQ Revenue Growth

+1.6%

Cash Flow

Operating Cash Flow

$52M

Free Cash Flow

-$5M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$2.1B

Stockholders' Equity

$456M

Cash & Equivalents

$65M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$90M	$69M	+30.1%
Gross Profit	$59M	$42M	+38.9%
Operating Income	$8M	-$25M	+131.9%
Net Income	$4M	-$21M	+120.7%

Revenue Segments

Managed Services

$6M51%

Spare Parts And Equipment Sales

$5M46%

Other Revenue

$320,0003%