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Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 602M | 1.3% |
| Gross Profit | 533M | 1.5% |
| Cost of Revenue | 69M | 0.4% |
| Operating expense | 371M | 1.1% |
| Net Income | 128M | 1.4% |
| EBITDA | 209M | 2.2% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 7.61B | 3.9% |
| Total Liabilities | 1.78B | 2.7% |
| Total Equity | 5.83B | 4.3% |
| Shares Outstanding | 87M | 0.1% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 174M | 115.9% |
| Cash from investing | -37M | 145.4% |
| Cash from financing | -7.3M | 49.9% |
EPS
Financial Highlights for Ansys in Q3 '24
Ansys reported a revenue of 602M, which is a 1.3% 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 533M, marking a 1.5% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 69M, a -0.4% 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 371M, showing a 1.1% 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 128M, showing a -1.4% 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 209M, showing a 2.2% 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.
Ansys 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.
