Similar companies
Income Statement (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 471M | 19% |
| Gross Profit | 118M | 20.4% |
| Cost of Revenue | 353M | 18.5% |
| Operating expense | 89M | 71.3% |
| Net Income | 19M | 96.4% |
| EBITDA | 108M | 99% |
Balance Sheet (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 3.23B | 2.5% |
| Total Liabilities | 1.79B | 2.6% |
| Total Equity | 1.4B | 2.5% |
| Shares Outstanding | 101M | 1.6% |
Cash Flow (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 49M | 68.8% |
| Cash from financing | -29M | 60% |
EPS
Financial Highlights for Adecoagro in Q3 '24
Adecoagro reported a revenue of 471M, which is a 19% 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 118M, marking a 20.4% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 353M, a 18.5% 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 89M, showing a 71.3% 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 19M, showing a 96.4% 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.
The company's EBITDA for the quarter was 108M, showing a 99% 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 Adecoagro with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
