Similar companies
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 6.29B | 63.5% |
| Gross Profit | 5.88B | 69.4% |
| Cost of Revenue | 411M | 9.6% |
| Operating expense | 1.02B | 1.9% |
| Net Income | 1.89B | 417.3% |
| EBITDA | 487M | 60.7% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 37.9B | 3.2% |
| Total Liabilities | 29.2B | 8.1% |
| Total Equity | 5.44B | 2.7% |
| Shares Outstanding | 341M | 1.3% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 1.7B | 42.3% |
| Cash from investing | -762M | 13.9% |
| Cash from financing | -1.66B | 9327.8% |
EPS
Financial Highlights for Vistra in Q3 '24
Vistra reported a revenue of 6.29B, which is a 63.5% 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 5.88B, marking a 69.4% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 411M, a 9.6% 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 1.02B, showing a 1.9% 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 1.89B, showing a 417.3% 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 487M, showing a -60.7% 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 Vistra with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies. A decline in EBITDA signals potential operational challenges or increased costs.
