Income Statement (USD)

Q3 '23 QoQ
Revenue 65M 0.3%
Gross Profit 25M 3.5%
Cost of Revenue 39M 2.6%
Operating expense 5.4M 6.5%
Net Income 20M 3.6%
EBITDA 65M 10.9%

Balance Sheet (USD)

Q3 '23 QoQ
Total Assets 6.49B 0.5%
Total Liabilities 5.88B 0.5%
Total Equity 604M 0.6%
Shares Outstanding 25M 0%

Cash Flow (USD)

Q3 '23 QoQ
Cash from operations 22M 13.2%
Cash from investing -48M 67.8%
Cash from financing 37M 75%

EPS

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Financial Highlights for B1 Bank in Q3 '23

B1 Bank reported a revenue of 65M, which is a -0.3% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. A decline in revenue can be concerning, as it might indicate reduced sales or challenges in the market. It's important to investigate further to understand the underlying causes.

Gross Profit stood at 25M, marking a 3.5% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.

Cost of Revenue was 39M, a -2.6% 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 5.4M, showing a 6.5% 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 20M, showing a 3.6% 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.

The company's EBITDA for the quarter was 65M, showing a 10.9% 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.

B1 Bank faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. Higher operating expenses might indicate increased investments or potential inefficiencies.

The analytics provided are estimates and not a substitute for professional advice. All investments involve risks, including possible capital loss.
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