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Income Statement (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Revenue | 153M | 0.2% |
| Gross Profit | 1.9M | 108% |
| Cost of Revenue | 151M | 14.4% |
| Operating expense | 76M | 29.1% |
| Net Income | 370,000 | 28.1% |
| EBITDA | 7.5M | 14.8% |
Balance Sheet (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Total Assets | 561M | 0.3% |
| Total Liabilities | 272M | 0.6% |
| Total Equity | 289M | 0.1% |
| Shares Outstanding | 18M | 0.6% |
Cash Flow (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Cash from operations | 12M | 40% |
| Cash from investing | -5.2M | 16.4% |
| Cash from financing | -4.3M | 24.8% |
EPS
Financial Highlights for American Public Education in Q2 '24
American Public Education reported a revenue of 153M, which is a 0.2% 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 1.9M, marking a 108% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 151M, a -14.4% 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 76M, showing a -29.1% 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 370,000, showing a -28.1% 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 7.5M, showing a -14.8% 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.
American Public Education faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. A decline in EBITDA signals potential operational challenges or increased costs.
