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Income Statement (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Revenue | 1.03B | 8.3% |
| Gross Profit | 759M | 14.1% |
| Cost of Revenue | 272M | 5.1% |
| Operating expense | 1M | 100% |
| Net Income | -33M | 79.9% |
| EBITDA | 32M | 130.3% |
Balance Sheet (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Total Assets | 8.59B | 0.7% |
| Total Liabilities | 10.3B | 2.6% |
| Shares Outstanding | 322M | 22.1% |
Cash Flow (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Cash from operations | -35M | 81.6% |
| Cash from investing | -44M | 13% |
| Cash from financing | 236M | 2725.6% |
EPS
Financial Highlights for AMC in Q2 '24
AMC reported a revenue of 1.03B, which is a 8.3% 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 759M, marking a 14.1% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 272M, a -5.1% 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 1M, showing a 100% 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 -33M, showing a 79.9% 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 32M, showing a 130.3% 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 AMC with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
