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Income Statement (MXN)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 223B | 8.7% |
| Gross Profit | 139B | 50.9% |
| Cost of Revenue | 84.7B | 25.4% |
| Operating expense | 89.3B | 99.9% |
| Net Income | 6.43B | 688.3% |
| EBITDA | 72.6B | 16.7% |
Balance Sheet (MXN)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 1,786B | 7.4% |
| Total Liabilities | 1,309B | 5.1% |
| Total Equity | 477B | 31.9% |
| Shares Outstanding | 3.24B | 0% |
Cash Flow (MXN)
| Q3 '24 | QoQ |
|---|
Financial Highlights for America Movil in Q3 '24
America Movil reported a revenue of 223B, which is a 8.7% 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 139B, marking a 50.9% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 84.7B, a -25.4% 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 89.3B, showing a 99.9% 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 6.43B, showing a 688.3% 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 72.6B, showing a -16.7% 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 America Movil with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies. A decline in EBITDA signals potential operational challenges or increased costs.
