Similar companies
Company | Revenue | |
---|---|---|
Toll BrothersTOL |
2.73B 3.9% |
Income Statement (NONE)
Q3 '24 | QoQ | |
---|---|---|
Revenue | 340,000 | 444% |
Gross Profit | 230,000 | 145% |
Cost of Revenue | 110,000 | 79.9% |
Operating expense | 1.9M | 170.2% |
Net Income | -2.1M | 42% |
EBITDA | -1.8M | 59.1% |
Balance Sheet (NONE)
Q3 '24 | QoQ | |
---|---|---|
Total Assets | 34M | 38.8% |
Total Liabilities | 12M | 379.2% |
Total Equity | 23M | 1.5% |
Shares Outstanding | 46M | 2.8% |
Cash Flow (NONE)
Q3 '24 | QoQ | |
---|---|---|
Cash from operations | -1.3M | 22.6% |
Cash from financing | 4.9M | 6902.8% |
EPS
Financial Highlights for reAlpha Tech in Q3 '24
reAlpha Tech reported a revenue of 340,000, which is a 444% 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 230,000, marking a 145% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 110,000, a -79.9% 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 1.9M, showing a 170.2% 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 -2.1M, showing a -42% 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 -1.8M, showing a -59.1% 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.
reAlpha Tech faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. Higher operating expenses might indicate increased investments or potential inefficiencies. A decline in EBITDA signals potential operational challenges or increased costs.