NASDAQ$CLMB

Climb Global Solutions Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Climb Global Solutions' Q4 2022 results were reported, showing increases in net sales, adjusted gross billings, gross profit, net income, and adjusted EBITDA.

Climb Global Solutions reported an 18% increase in net sales, reaching $88.9 million, a 22% increase in adjusted gross billings reaching $319.8 million, a 28% increase in gross profit reaching $16.1 million, and a 38% increase in net income reaching $4.8 million, or $1.06 per diluted share, and a 44% increase in Adjusted EBITDA reaching $7.4 million for Q4 2022.

  • Net sales increased 18% to $88.9 million.
  • Adjusted gross billings increased 22% to $319.8 million.
  • Gross profit increased 28% to $16.1 million.
  • Net income increased 38% to $4.8 million or $1.06 per diluted share.

Headline financials

Total Revenue

$88.9M

Previous: $75.5M+17.7%
EPS (adj)

$1.08

Previous: $0.78+38.5%
Net Income

$4.76M

Previous: $3.45M+38.2%
Operating Income

$6.16M

Previous: $4.4M+40.0%
Gross Profit

$16.1M

Previous: $12.6M+28.1%
Cash & Equivalents

$20.2M

Previous: $29.3M-30.8%
Total Assets

$232M

Previous: $191M+21.5%
Stock-Based Comp

$406K

Previous: $293K+38.6%

Revenue & EPS history

Climb Global Solutions · Revenue · Quarterly

$88.9M

Q4 2022+17.7%vs Q4 2021
Beat estimate in 7 of 13 quarters(54%)
ActualEstimate

Forward guidance

Climb Global Solutions expects to deliver another record year of growth and profitability in 2023.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2022

Historical avgQ4 2022

+2.0%

Avg return

Earnings day

+2.0%

Avg return

5 days after

+4.3%

Avg return

30 days after

58%

38 / 65 earnings

Positive

+19.4%

Q4 2022

Best reaction

-21.9%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-21.6%-7.4%+1.3%
Q4 2025-2.2%-3.9%-15.7%
Q3 2025-7.7%-15.1%-24.3%
Q1 2025-4.5%+1.0%+4.5%
Q4 2024+12.8%+1.8%-16.4%
Q3 2024-3.7%+1.6%+26.6%
Q2 2024+18.8%+27.3%+46.4%
Q1 2024-8.3%-9.4%-10.7%
Q4 2023+13.3%+11.5%+18.1%
Q3 2023-5.5%-4.6%+8.9%
Q2 2023-21.9%-20.5%-12.4%
Q1 2023+2.6%+6.9%+6.7%
Q4 2022+19.4%+23.3%+34.1%
Q3 2022-0.8%-1.4%+2.3%
Q2 2022-1.5%+0.4%-7.9%
Q1 2022+1.9%-0.7%+9.4%
Q4 2021+11.2%+4.3%+14.1%
Q3 2021+7.6%+3.6%+11.2%
Q2 2021+15.3%+9.1%+6.4%
Q1 2021-0.6%+0.3%+16.6%
Q4 2020+18.2%+21.9%+22.6%
Q3 2020-10.6%-11.6%-16.1%
Q2 2020-16.0%-15.3%-1.2%
Q1 2020+15.7%+20.5%+58.4%
Q4 2019+15.2%+11.6%-23.3%
Q3 2019-8.6%-7.8%-0.5%
Q2 2019+9.2%+14.8%+25.9%
Q1 2019-0.7%-2.9%-10.8%
Q4 2018+11.1%+10.7%+6.6%
Q3 2018+3.7%-0.6%-10.6%
Q2 2018-5.2%-8.5%-11.4%
Q1 2018+2.9%+3.3%+2.5%
Q4 2017+10.2%+10.9%+1.8%
Q3 2017-2.9%-3.1%+9.8%
Q2 2017-2.2%-6.1%-14.4%
Q1 2017+7.2%+3.6%+4.1%
Q4 2016+9.0%+7.2%+10.2%
Q3 2016+1.5%+0.0%-0.3%
Q2 2016+0.1%-0.3%-3.7%
Q1 2016-0.8%
Q4 2015-8.2%
Q3 2015+4.0%
Q2 2015+1.3%
Q1 2015+2.7%
Q4 2014-3.6%
Q3 2014+0.2%
Q2 2014-1.0%
Q1 2014-12.7%
Q4 2013+6.8%
Q3 2013+1.3%
Q2 2013+3.3%
Q1 2013+2.8%
Q4 2012-0.3%
Q3 2012-1.3%
Q2 2012-0.8%
Q1 2011+2.3%
Q1 2012+1.3%
Q4 2009+0.8%
Q4 2011+0.8%
Q3 2011+1.4%
Q3 2010+1.4%
Q2 2011+15.1%
Q4 2010+15.1%
Q2 2010+15.1%
Q1 2010-0.3%

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