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Income Statement (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Revenue | 1.07B | 55.4% |
| Gross Profit | 355M | 101.1% |
| Cost of Revenue | 715M | 39.6% |
| Operating expense | 239M | 6.1% |
| Net Income | 148M | 125.9% |
| EBITDA | 281M | 86.1% |
Balance Sheet (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Total Assets | 22.3B | 6.9% |
| Total Liabilities | 16.6B | 9.6% |
| Total Equity | 5.73B | 0.2% |
| Shares Outstanding | 356M | 0.8% |
Cash Flow (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Cash from operations | -1.27B | 1885.8% |
| Cash from investing | -23M | 59.9% |
| Cash from financing | 934M | 531% |
EPS
Financial Highlights for Carlyle Group in Q2 '24
Carlyle Group reported a revenue of 1.07B, which is a 55.4% 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 355M, marking a 101.1% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 715M, a 39.6% 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 239M, showing a -6.1% 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 148M, showing a 125.9% 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 281M, showing a 86.1% 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.
It was a positive quarter for Carlyle Group with growth in revenue, gross profit, and net income.
