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Income Statement (USD)
Q2 '24 | QoQ | |
---|---|---|
Revenue | 2.94B | 7.9% |
Gross Profit | 1.2B | 12.9% |
Cost of Revenue | 1.74B | 4.8% |
Operating expense | 372M | 9.9% |
Net Income | 165M | 29.1% |
EBITDA | 257M | 16% |
Balance Sheet (USD)
Q2 '24 | QoQ | |
---|---|---|
Total Assets | 6.64B | 1.2% |
Total Liabilities | 5.56B | 0.7% |
Total Equity | 1.08B | 3.6% |
Shares Outstanding | 129M | 0.2% |
Cash Flow (USD)
Q2 '24 | QoQ | |
---|---|---|
Cash from operations | 52M | 63.7% |
Cash from investing | -127M | 468.8% |
Cash from financing | -181M | 7.4% |
EPS
Financial Highlights for Booz Allen Hamilton in Q2 '24
Booz Allen Hamilton reported a revenue of 2.94B, which is a 7.9% 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 1.2B, marking a 12.9% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 1.74B, a 4.8% 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 372M, showing a -9.9% 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 165M, showing a 29.1% 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 257M, showing a -16% 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 Booz Allen Hamilton with growth in revenue, gross profit, and net income. A decline in EBITDA signals potential operational challenges or increased costs.