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Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 620M | 22.2% |
| Gross Profit | 343M | 22.4% |
| Cost of Revenue | 277M | 22% |
| Operating expense | 179M | 9.4% |
| Net Income | 144M | 43.9% |
| EBITDA | 174M | 39.2% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 2.85B | 7.8% |
| Total Liabilities | 503M | 11.2% |
| Total Equity | 2.35B | 7.1% |
| Shares Outstanding | 49M | 0.2% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 232M | 64.4% |
| Cash from investing | -27M | 698.6% |
| Cash from financing | -63M | 14.2% |
EPS
Financial Highlights for Monolithic Power Systems in Q3 '24
Monolithic Power Systems reported a revenue of 620M, which is a 22.2% 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 343M, marking a 22.4% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 277M, a 22% 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 179M, showing a 9.4% 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 144M, showing a 43.9% 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 174M, showing a 39.2% 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 Monolithic Power Systems with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
