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Income Statement (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 842B | 77.3% |
| Gross Profit | 842B | 77.3% |
| Operating expense | 842B | 77.3% |
| Net Income | 90.9B | 138.8% |
Balance Sheet (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 14,238B | 21.7% |
| Total Liabilities | 10,595B | 24.5% |
| Total Equity | 3,642B | 14.1% |
| Shares Outstanding | 62M | 3.4% |
Cash Flow (NONE)
| Q3 '24 | QoQ |
|---|
Financial Highlights for Banco Macro in Q3 '24
Banco Macro reported a revenue of 842B, which is a 77.3% 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 842B, marking a 77.3% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Operating Expenses for this period were 842B, showing a 77.3% 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 90.9B, showing a 138.8% 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 Banco Macro 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. Higher operating expenses might indicate increased investments or potential inefficiencies.
