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Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 486M | 10.7% |
| Gross Profit | 237M | 13.4% |
| Cost of Revenue | 249M | 8.3% |
| Operating expense | 3.04B | 904.6% |
| Net Income | -2.72B | 3057% |
| EBITDA | -2.7B | 15958.8% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 12.6B | 17.7% |
| Total Liabilities | 525M | 10.7% |
| Total Equity | 12.1B | 17.9% |
| Shares Outstanding | 811M | 0.6% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 126M | 320% |
| Cash from investing | -34M | 19% |
| Cash from financing | -5M | 28.6% |
EPS
Financial Highlights for Mobileye Global in Q3 '24
Mobileye Global reported a revenue of 486M, which is a 10.7% 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 237M, marking a 13.4% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 249M, 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 3.04B, showing a 904.6% 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 -2.72B, showing a -3057% 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 -2.7B, showing a -15958.8% 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.
Mobileye Global 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.
