Similar companies
| Company | Revenue | |
|---|---|---|
| No data for previous quarter available yet. | ||
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 13M | 73.5% |
| Gross Profit | 7.1M | 124.3% |
| Cost of Revenue | 6M | 37.1% |
| Operating expense | 6.9M | 33% |
| Net Income | 660,000 | 144.9% |
| EBITDA | 360,000 | 119.4% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 146M | 43.6% |
| Total Liabilities | 23M | 54.8% |
| Total Equity | 122M | 41.6% |
| Shares Outstanding | 30M | 2.5% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 2.4M | 184.3% |
| Cash from investing | -11M | 4011% |
| Cash from financing | -110,000 | 167.1% |
EPS
Financial Highlights for Aehr Test Systems in Q3 '24
Aehr Test Systems reported a revenue of 13M, which is a 73.5% 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 7.1M, marking a 124.3% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 6M, a 37.1% 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 6.9M, showing a 33% 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 660,000, showing a 144.9% 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 360,000, showing a 119.4% 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 Aehr Test Systems with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
