Similar companies
| Company | Revenue | |
|---|---|---|
 |
MicrosoftMSFT |
65.5B N/A |
 |
DropboxDBX |
642M 0.7% |
 |
WiproWIT |
223B 1.5% |
 |
ShopifySHOP |
2.16B 5.7% |
 |
TwilioTWLO |
1.13B 4.7% |
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 4.7M | 0.8% |
| Gross Profit | 4.3M | 1.3% |
| Cost of Revenue | 420,000 | 4.5% |
| Operating expense | 5.2M | 16.9% |
| Net Income | -840,000 | 559.1% |
| EBITDA | -780,000 | 449.3% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 21M | 5.6% |
| Total Liabilities | 3.9M | 14.4% |
| Total Equity | 17M | 3.3% |
| Shares Outstanding | 20M | 0.3% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | -1.1M | 10.2% |
| Cash from investing | -470,000 | 40.9% |
| Cash from financing | 20,000 | 0% |
EPS
Financial Highlights for Intellicheck in Q3 '24
Intellicheck reported a revenue of 4.7M, which is a 0.8% 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 4.3M, marking a 1.3% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 420,000, a -4.5% 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 5.2M, showing a 16.9% 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 -840,000, showing a -559.1% 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 -780,000, showing a -449.3% 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.
Intellicheck 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.
