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Income Statement (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 15.9B | 24.3% |
| Gross Profit | 13.1B | 25% |
| Cost of Revenue | 2.8B | 21.1% |
| Operating expense | 8.07B | 16.8% |
| Net Income | 6.77B | 76.5% |
| EBITDA | 7.39B | 84.3% |
Balance Sheet (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 244B | 1.4% |
| Total Liabilities | 104B | 10.5% |
| Total Equity | 139B | 6.6% |
| Shares Outstanding | 773M | 12.4% |
Cash Flow (NONE)
| Q3 '24 | QoQ |
|---|
Financial Highlights for Trip.com in Q3 '24
Trip.com reported a revenue of 15.9B, which is a 24.3% 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 13.1B, marking a 25% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 2.8B, a 21.1% 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 8.07B, showing a 16.8% 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 6.77B, showing a 76.5% 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 7.39B, showing a 84.3% 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.
It was a positive quarter for Trip.com with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
