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Total Revenue QoQ (CAD) - Q2 '24

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Income Statement (CAD)

Q2 '24 QoQ
Gross Profit -140,000 2.8%
Cost of Revenue 140,000 2.8%
Operating expense 20M 19.9%
Net Income -15M 30.6%
EBITDA -20M 29.3%

Balance Sheet (CAD)

Q2 '24 QoQ
Total Assets 285M 5.8%
Total Liabilities 4.8M 52.3%
Total Equity 280M 4.1%
Shares Outstanding 744M 2.1%

Cash Flow (CAD)

Q2 '24 QoQ
Cash from operations -27M 31.4%
Cash from financing -240,000 100.1%

Financial Highlights for Cybin in Q2 '24

Gross Profit stood at -140,000, marking a 2.8% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.

Cost of Revenue was 140,000, a -2.8% 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 20M, showing a -19.9% 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 -15M, showing a 30.6% 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 -20M, showing a 29.3% 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.

The company's performance remained stable this quarter with no significant positive or negative changes in the key financial metrics.

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