Similar companies
Income Statement (BRL)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 22.1B | 10.2% |
| Gross Profit | 11.1B | 20.8% |
| Cost of Revenue | 11B | 1.3% |
| Operating expense | 16.8B | 197.5% |
| Net Income | 3.46B | 44.4% |
Balance Sheet (BRL)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 147B | 0.7% |
| Total Liabilities | 48.4B | 3.7% |
| Total Equity | 98.1B | 3% |
| Shares Outstanding | 15.7B | 0.6% |
Cash Flow (BRL)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 8.11B | 141.5% |
| Cash from financing | -1.09B | 35.8% |
Financial Highlights for Ambev in Q3 '24
Ambev reported a revenue of 22.1B, which is a 10.2% 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 11.1B, marking a 20.8% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 11B, a 1.3% 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 16.8B, showing a 197.5% 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 3.46B, showing a 44.4% 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 Ambev 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.
