Similar companies
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 4.3M | 5.8% |
| Gross Profit | 2.1M | 10.4% |
| Cost of Revenue | 2.2M | 1.7% |
| Operating expense | 840,000 | 0.1% |
| Net Income | -220,000 | 213.8% |
| EBITDA | -41,000 | 137.1% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 14M | 2.5% |
| Total Liabilities | 5.2M | 2.8% |
| Total Equity | 8.5M | 2.3% |
| Shares Outstanding | 6.2M | 0.4% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 130,000 | 56.7% |
| Cash from investing | -710,000 | 20.3% |
| Cash from financing | -67,000 | 44.9% |
EPS
Financial Highlights for Bt Brands in Q3 '24
Bt Brands reported a revenue of 4.3M, which is a 5.8% 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 2.1M, marking a 10.4% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 2.2M, a 1.7% 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 840,000, showing a 0.1% 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 -220,000, showing a -213.8% 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.
The company's EBITDA for the quarter was -41,000, showing a -137.1% 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.
Bt Brands 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.
