Cadre Holdings Inc (CDRE) Earnings Report, Financial Results, Financial analysis

Cadre Holdings inc reported in the first quarter of 2023 net earnings per share of $0.19 an improvement compare to net loss per share of $-0.30 recorded a year ago and an improvement of 34.95 % from $0.14 realized in IV. Quarter (Dec 31 2022).

*first quarter of 2023*
Earnings Per Share	Revenues
$ 0.19	$ 112 Mill
$+0.49	$+7M +7.03 %

Cadre Holdings Inc 's Revenue rose by 7.03 % in first quarter of 2023 (Mar 31 2023) year on year, to $112 million and declined by -9.62 % sequentially.

Cadre Holdings Inc is Expected to report next financial results on August 10, 2023.

More on CDRE's Income Statement

CDRE's NET INCOME

Cadre Holdings Inc 's net income of $7.002 million in the first quarter of 2023 increased from net loss of $-10.165 million I. Quarter a year ago.

Sequentially net earnings grew by 6.11 % from net income of $6.599 million realized in previous quarter.

More on CDRE's Growth

Cadre Holdings Inc Inventories
Inventories grew by 10 % to $76 million from I. Quarter a year ago, sequentially inventories rose by 8.64 %. CDRE's Cash flow In thefirst quarter of 2023 company's net cash flow was $3 million, capital expenditures grew by -17.79%, to $-1 millions compare to same quarter a year ago and rose by -49.81% from IV. Quarter (Dec 31 2022).

More on CDRE's Cash flow Statement

Earnings quality

Cadre Holdings inc payed out dividend of $0.24 per share in last 52 weeks representing 41.38 % of net earning per share in trailing twelve-month period.

During the same period Cadre Holdings inc earned $ 1.33 cash per share, on a free-cash flow basis 230.08 % of net earning per share.

Book value fell by -1.26 % sequentially to $4.50 per share.
Tangible Book value grew to $ 1.05 per share from $ 0.92.

Company issued 1.25 million shares or 3.45 % in Mar 31 2023.
Interest Coverage Ratio was 4.13. Debt Coverage Ratio was 0.17.

• More on CDRE's Dividends

Market Capitalization (Millions)	753
Shares Outstanding (Millions)	38
Total Debt (Millions $)	146
Revenue (TTM) (Millions $)	465
Net Income (TTM) (Millions $)	23
Cash Flow (TTM) (Millions $)	38
Capital Exp. (TTM) (Millions $)	-4
Dividend TTM ($)	0.24 $
Dividend Yield TTM (%)	1.6 %
Employees (TTM) $	-

Earnings quality

Cadre Holdings inc payed out dividend of $0.24 per share in the last 52 weeks representing 41.38 % of net earning per share in trailing twelve-month period.

During the same period Cadre Holdings inc had $ 1.33 cash flow per share, on a free-cash flow basis 230.08 % of net earning per share.

Book value fell by -1.26 % sequentially to $4.50 per share.
Tangible Book value grew to $ 1.05 per share from $ 0.92.

Company issued 1.25 million shares or 3.45 % in Mar 31 2023.
Interest Coverage Ratio was 4.13. Debt Coverage Ratio was 0.17.

• More on CDRE's Balance Sheets

Market Capitalization (Millions)	753
Shares Outstanding (Millions)	38
Total Debt (Millions $)	146
Revenue (TTM) (Millions $)	465
Net Income (TTM) (Millions $)	23
Cash Flow (TTM) (Millions $)	38
Capital Exp. (TTM) (Millions $)	-4
Dividend TTM ($)	0.24 $
Dividend Yield TTM (%)	1.6 %
Employees (TTM) $	-

Cadre Holdings inc

CDRE's Financial Statements and Analysis