Similar companies
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 2.17B | 28.4% |
| Gross Profit | 1.93B | 29.8% |
| Cost of Revenue | 242M | 18% |
| Operating expense | 1.59B | 19.1% |
| Net Income | 456M | 76.7% |
| EBITDA | 707M | 46.7% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 43.3B | 2.3% |
| Total Liabilities | 31.5B | 2.2% |
| Total Equity | 11.8B | 2.5% |
| Shares Outstanding | 267M | 0% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 897M | 61% |
| Cash from investing | -1.17B | 14.4% |
| Cash from financing | 300M | 27.7% |
EPS
Financial Highlights for Ameren in Q3 '24
Ameren reported a revenue of 2.17B, which is a 28.4% 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 1.93B, marking a 29.8% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 242M, a 18% 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 1.59B, showing a 19.1% 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 456M, showing a 76.7% 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 707M, showing a 46.7% 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 Ameren with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
