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Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 84M | 24.7% |
| Gross Profit | 79M | 28.2% |
| Cost of Revenue | 4.6M | 15.1% |
| Operating expense | 4.6M | 15.1% |
| Net Income | 124M | 20.8% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 5.09B | 2.8% |
| Total Liabilities | 2.4B | 1% |
| Total Equity | 2.69B | 4.4% |
| Shares Outstanding | 88M | 1.7% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 72M | 138.8% |
| Cash from financing | -18M | 118.1% |
EPS
Financial Highlights for Main Street Capital in Q3 '24
Main Street Capital reported a revenue of 84M, which is a 24.7% 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 79M, marking a 28.2% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 4.6M, a -15.1% 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 4.6M, showing a -15.1% 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 124M, showing a 20.8% 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.
It was a positive quarter for Main Street Capital with growth in revenue, gross profit, and net income. A decline in EBITDA signals potential operational challenges or increased costs.
