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Income Statement (EUR)
Q1 '24 | QoQ | |
---|---|---|
Revenue | 484M | 59.8% |
Gross Profit | 253M | 36.9% |
Cost of Revenue | 231M | 95.6% |
Operating expense | 114M | 16.9% |
Net Income | 72M | 1101.6% |
EBITDA | 163M | 131.5% |
Balance Sheet (EUR)
Q1 '24 | QoQ | |
---|---|---|
Total Assets | 4.85B | 4.1% |
Total Liabilities | 2.3B | 4.3% |
Total Equity | 2.56B | 3.8% |
Shares Outstanding | 188M | 0% |
Cash Flow (EUR)
Q1 '24 | QoQ | |
---|---|---|
Cash from operations | 35M | 177.4% |
Cash from financing | -13M | 89.3% |
Financial Highlights for Birkenstock in Q1 '24
Birkenstock reported a revenue of 484M, which is a 59.8% 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 253M, marking a 36.9% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 231M, a 95.6% 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 114M, showing a -16.9% 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 72M, showing a 1101.6% 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 163M, showing a 131.5% 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 Birkenstock 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.