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Income Statement (NONE)
Q3 '24 | QoQ | |
---|---|---|
Operating expense | 58M | 186.7% |
Net Income | -57M | 285.8% |
EBITDA | -58M | 188% |
Balance Sheet (NONE)
Q3 '24 | QoQ | |
---|---|---|
Total Assets | 262M | 7.8% |
Total Liabilities | 7.4M | 53.1% |
Total Equity | 255M | 8.9% |
Shares Outstanding | 20M | 0% |
Cash Flow (NONE)
Q3 '24 | QoQ | |
---|---|---|
Cash from operations | -26M | 5% |
Cash from financing | -370,000 | 57.4% |
Financial Highlights for Cybin in Q3 '24
Operating Expenses for this period were 58M, showing a 186.7% 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 -57M, showing a -285.8% 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 -58M, showing a -188% 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.
Cybin 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. A decline in EBITDA signals potential operational challenges or increased costs.