206B 1.1%
Total Revenue QoQ (MXN) - Q2 '24

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Income Statement (MXN)

Q2 '24 QoQ
Revenue 206B 1.1%
Gross Profit 91.9B 7.4%
Cost of Revenue 114B 3.5%
Operating expense 44.7B 2.5%
Net Income -1.09B 108.1%
EBITDA 87.1B 6.4%

Balance Sheet (MXN)

Q2 '24 QoQ
Total Assets 1,663B 3.9%
Total Liabilities 1,246B 3.2%
Total Equity 362B 6.2%
Shares Outstanding 3.24B 4.2%

Cash Flow (MXN)

Q2 '24 QoQ
Cash from operations 57.7B 180.8%
Cash from financing -16.6B 299.2%

Financial Highlights for America Movil in Q2 '24

America Movil reported a revenue of 206B, which is a 1.1% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.

Gross Profit stood at 91.9B, marking a 7.4% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.

Cost of Revenue was 114B, a -3.5% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.

Operating Expenses for this period were 44.7B, showing a 2.5% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.

Net Income for the quarter was -1.09B, showing a -108.1% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.

The company's EBITDA for the quarter was 87.1B, showing a 6.4% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.

America Movil faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. Higher operating expenses might indicate increased investments or potential inefficiencies.

The analytics provided are estimates and not a substitute for professional advice. All investments involve risks, including possible capital loss.
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