Similar companies
| Company | Revenue | |
|---|---|---|
 |
SprinklrCXM |
197M 0.6% |
 |
YextYEXT |
98M 2% |
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 145M | 7.4% |
| Gross Profit | 102M | 12.3% |
| Cost of Revenue | 43M | 2.5% |
| Operating expense | 130M | 0.7% |
| Net Income | -23M | 35.5% |
| EBITDA | -23M | 35.2% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 826M | 1.2% |
| Total Liabilities | 372M | 2.1% |
| Total Equity | 454M | 4% |
| Shares Outstanding | 101M | 0.7% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 12M | 40.1% |
| Cash from investing | -17M | 58.7% |
| Cash from financing | 5.9M | 414.8% |
EPS
Financial Highlights for Braze in Q3 '24
Braze reported a revenue of 145M, which is a 7.4% 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 102M, marking a 12.3% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 43M, a -2.5% 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 130M, showing a -0.7% 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 -23M, showing a 35.5% 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 -23M, showing a 35.2% 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 Braze with growth in revenue, gross profit, and net income.
