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Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 304M | 5.9% |
| Gross Profit | 53M | 12.2% |
| Cost of Revenue | 256M | 9.1% |
| Operating expense | 39M | 10.1% |
| Net Income | 3.9M | 73.6% |
| EBITDA | 20M | 39.1% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 1.97B | 0.4% |
| Total Liabilities | 927M | 0.8% |
| Total Equity | 1.05B | 1.5% |
| Shares Outstanding | 110M | 0% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 85M | 40% |
| Cash from investing | -76M | 34.1% |
| Cash from financing | -35M | 27.4% |
EPS
Financial Highlights for Atlas Energy Solutions in Q3 '24
Atlas Energy Solutions reported a revenue of 304M, which is a 5.9% 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 53M, marking a -12.2% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 256M, a 9.1% 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 39M, showing a -10.1% 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 3.9M, showing a -73.6% 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 20M, showing a -39.1% 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.
Atlas Energy Solutions faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. An increase in the cost of revenue, higher than the revenue growth, suggests potential margin pressures. A decline in EBITDA signals potential operational challenges or increased costs.
