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Income Statement (USD)
Q3 '24 | QoQ | |
---|---|---|
Revenue | 126M | 8.5% |
Gross Profit | 76M | 3.9% |
Cost of Revenue | 132M | 206.9% |
Operating expense | 82M | 2.4% |
Net Income | -5.3M | 47.6% |
Balance Sheet (USD)
Q3 '24 | QoQ | |
---|---|---|
Total Assets | 302M | 4.8% |
Total Liabilities | 178M | 11.5% |
Total Equity | 124M | 3.5% |
Shares Outstanding | 175M | 0.3% |
Cash Flow (USD)
Q3 '24 | QoQ | |
---|---|---|
Cash from operations | 2.8M | 54.8% |
Cash from investing | -1.8M | 11.5% |
Cash from financing | -2.2M | 49.3% |
EPS
Financial Highlights for BARK in Q3 '24
BARK reported a revenue of 126M, which is a 8.5% 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 76M, marking a 3.9% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 132M, a 206.9% 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 82M, showing a -2.4% 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 -5.3M, showing a 47.6% 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.
It was a positive quarter for BARK with growth in revenue, gross profit, and net income. An increase in the cost of revenue, higher than the revenue growth, suggests potential margin pressures.