OIG · Orbital Infrastructure Group, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | $66.07M | - | $105.67M | $84.10M | $58.67M | - | $27.13M | $17.47M | $10.80M | - |
| Gross Profit | $14.12M | - | ($5.85M) | $9.82M | $11.58M | - | $3.79M | ($1.16M) | ($1.31M) | - |
| R&D | - | - | - | - | - | - | $1.0K | $0 | $1.0K | - |
| SG&A | $14.26M | - | $12.75M | $12.92M | $8.13M | - | $13.70M | $15.70M | $14.46M | - |
| Total Operating Expenses | $17.39M | - | $122.86M | $17.52M | $13.37M | - | $15.52M | $17.10M | $15.96M | - |
| D&A | $5.42M | - | $8.91M | $9.29M | $8.69M | - | $2.90M | $2.29M | $1.75M | - |
| Operating Income | ($3.28M) | - | ($128.71M) | ($7.71M) | ($1.79M) | - | ($11.73M) | ($18.26M) | ($17.26M) | - |
| Interest Expense | $11.16M | - | $9.71M | $9.81M | $8.04M | - | $1.27M | $1.10M | $736.0K | - |
| Income Tax | $536.0K | - | $207.0K | $382.0K | $241.0K | - | ($2.10M) | ($8.95M) | $16.0K | - |
| Net Income | ($20.16M) | - | ($142.07M) | ($30.82M) | ($37.60M) | - | ($10.15M) | ($8.21M) | ($17.95M) | - |
| EPS - Basic | ($4.66) | - | ($0.16) | ($0.32) | ($0.45) | - | - | - | - | - |
| EPS - Diluted | - | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Line item | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $23.99M | $21.49M | $27.96M | $31.58M | $20.95M | $26.86M | $11.18M | $9.63M | $34.73M | $3.05M |
| Accounts Receivable | $49.97M | $52.65M | $50.80M | $51.43M | $52.67M | $48.75M | $22.95M | $12.45M | $6.84M | $8.49M |
| Inventory | $1.86M | $1.69M | $1.41M | $1.08M | $1.30M | $1.33M | $1.79M | $1.72M | $974.0K | $1.12M |
| Accounts Payable | $49.32M | $41.33M | $35.59M | $27.59M | $17.85M | $10.11M | $7.71M | $5.80M | $4.14M | $9.91M |
| Current Assets | $104.54M | $102.35M | $115.53M | $119.91M | $104.22M | $101.71M | $51.09M | $35.04M | $50.44M | $24.80M |
| Total Assets | $268.21M | $271.57M | $302.11M | $419.01M | $411.42M | $412.34M | $168.03M | $128.11M | $94.95M | $66.05M |
| Current Liabilities | $407.10M | $292.87M | $234.21M | $218.78M | $169.28M | $134.99M | $55.06M | $46.95M | $32.01M | $37.08M |
| Long-term Debt | $251.99M | $245.24M | $236.77M | $221.61M | $221.98M | $229.38M | $30.03M | $33.37M | - | $17.30M |
| Total Liabilities | $427.72M | $416.31M | $386.21M | $369.84M | $349.76M | $316.07M | $77.16M | $69.78M | $50.85M | $48.90M |
| Stockholders' Equity | ($155.12M) | ($140.71M) | ($83.83M) | $49.26M | $61.63M | $96.23M | $90.87M | $58.33M | $44.10M | $17.15M |
| Retained Earnings | ($507.29M) | ($487.12M) | ($421.42M) | ($279.36M) | ($248.53M) | ($210.93M) | ($185.99M) | ($175.85M) | ($167.63M) | ($149.68M) |
Cash Flow
| Line item | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $775.0K | - | - | - | ($1.56M) | - | - | - | ($13.48M) | - |
| Investing Cash Flow | ($579.0K) | - | - | - | $1.43M | - | - | - | ($3.54M) | - |
| Financing Cash Flow | $2.39M | - | - | - | ($5.52M) | - | - | - | $48.40M | - |
| CapEx | $622.0K | - | $817.0K | $1.58M | $1.35M | - | $1.90M | $1.75M | $2.95M | - |
| Free Cash Flow | $153.0K | - | - | - | ($2.92M) | - | - | - | ($16.43M) | - |
Ratios
| Metric | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | -0.01 | - | - | - | 0.08 | - | - | - | 0.92 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -7.5% | - | -47.0% | -7.4% | -9.1% | - | -6.0% | -6.4% | -18.9% | - |
| Return on equity | 13.0% | - | 169.5% | -62.6% | -61.0% | - | -11.2% | -14.1% | -40.7% | - |
| Return on invested capital | -2.7% | - | -66.5% | -2.2% | -0.5% | - | -7.7% | -15.7% | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.26 | 0.35 | 0.49 | 0.55 | 0.62 | 0.75 | 0.93 | 0.75 | 1.58 | 0.67 |
| Quick ratio | 0.25 | 0.34 | 0.49 | 0.54 | 0.61 | 0.74 | 0.90 | 0.71 | 1.55 | 0.64 |
| Cash ratio | 0.06 | 0.07 | 0.12 | 0.14 | 0.12 | 0.20 | 0.20 | 0.21 | 1.08 | 0.08 |
| Leverage | ||||||||||
| Debt / Equity | -1.62 | -1.74 | -2.82 | 4.50 | 3.60 | 2.38 | 0.33 | 0.57 | - | 1.01 |
| Debt / Assets | 0.94 | 0.90 | 0.78 | 0.53 | 0.54 | 0.56 | 0.18 | 0.26 | - | 0.26 |
| Debt / EBITDA | 117.86 | - | - | 139.47 | 32.16 | - | - | - | - | - |
| Interest coverage | -0.3x | - | -13.2x | -0.8x | -0.2x | - | -9.3x | -16.7x | -23.5x | - |
| Equity multiplier | -1.73 | -1.93 | -3.60 | 8.51 | 6.68 | 4.29 | 1.85 | 2.20 | 2.15 | 3.85 |
| Liabilities / Assets | 1.59 | 1.53 | 1.28 | 0.88 | 0.85 | 0.77 | 0.46 | 0.54 | 0.54 | 0.74 |
| Efficiency | ||||||||||
| Asset turnover | - | - | - | - | - | - | - | - | - | - |
| Inventory turnover | 35.58 | - | 75.05 | 78.08 | 45.17 | - | 15.16 | 10.15 | 11.09 | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | 10d | - | 5d | 5d | 8d | - | 24d | 36d | 33d | - |
| Days payable outstanding | 272d | - | 123d | 120d | 111d | - | 104d | 121d | 140d | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 21.9% | - | - | - | - | - | 60.9% | - | - | - |
| Operating income growth (YoY) | -83.3% | - | -997.0% | 57.8% | 89.6% | - | -85.6% | -153.7% | -144.4% | - |
| Net income growth (YoY) | 46.4% | - | -1300.1% | -275.3% | -109.5% | - | -216.9% | 11.9% | -143.2% | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | 82.2% | - | - | - | -82.5% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | - | - | -15.6% | 39.8% | 461.2% | 268.9% | 108.2% | 22.0% | -60.2% |
Peer comparison
Same SIC group: Wholesale-Electronic Parts & Equipment, NEC
Comparing Orbital Infrastructure Group against the 5 most active filers in the same SIC group.