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Income Statement (USD)
Q2 '24 | QoQ | |
---|---|---|
Revenue | 23.1B | 0% |
Gross Profit | 6.33B | 55.1% |
Cost of Revenue | 16.7B | 11.8% |
Operating expense | 19.2B | 13757.5% |
Net Income | 43M | 57.8% |
Balance Sheet (USD)
Q2 '24 | QoQ | |
---|---|---|
Total Assets | 497B | 1.2% |
Total Liabilities | 330B | 2.3% |
Total Equity | 45.3B | 1.8% |
Shares Outstanding | 1.55B | 0.4% |
Cash Flow (USD)
Q2 '24 | QoQ |
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EPS
Financial Highlights for Brookfield Corp in Q2 '24
Brookfield Corp reported a revenue of 23.1B, which is a 0% 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 6.33B, marking a 55.1% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 16.7B, a -11.8% 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 19.2B, showing a 13757.5% 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 43M, showing a -57.8% 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.
Brookfield Corp 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. A decline in EBITDA signals potential operational challenges or increased costs.