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Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 909M | 9.9% |
| Gross Profit | 66M | 36.4% |
| Cost of Revenue | 844M | 8.3% |
| Operating expense | 176M | 9.5% |
| Net Income | 54M | 37.2% |
| EBITDA | -173M | 300.5% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 5.05B | 44.5% |
| Total Liabilities | 4B | 57.8% |
| Total Equity | 812M | 15.8% |
| Shares Outstanding | 88M | 1.1% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 182M | 56.8% |
| Cash from investing | -54M | 84.3% |
| Cash from financing | 1.05B | 1580.8% |
EPS
Financial Highlights for Shift4 in Q3 '24
Shift4 reported a revenue of 909M, which is a 9.9% 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 66M, marking a 36.4% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 844M, a 8.3% 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 176M, showing a 9.5% 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 54M, showing a 37.2% 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 -173M, showing a -300.5% 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 Shift4 with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies. A decline in EBITDA signals potential operational challenges or increased costs.
