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Income Statement (USD)
Q2 '24 | QoQ | |
---|---|---|
Revenue | 4.1M | 28.9% |
Gross Profit | 1.9M | 62.6% |
Cost of Revenue | 2.2M | 8.8% |
Operating expense | 840,000 | 0.9% |
Net Income | -70,000 | 84.3% |
EBITDA | 110,000 | 179.5% |
Balance Sheet (USD)
Q2 '24 | QoQ | |
---|---|---|
Total Assets | 14M | 0.2% |
Total Liabilities | 5.3M | 2.3% |
Total Equity | 8.7M | 1% |
Shares Outstanding | 6.2M | 0.8% |
Cash Flow (USD)
Q2 '24 | QoQ | |
---|---|---|
Cash from operations | 83,000 | 120.2% |
Cash from investing | -890,000 | 1334.7% |
Cash from financing | -120,000 | 24.6% |
EPS
Financial Highlights for Bt Brands in Q2 '24
Bt Brands reported a revenue of 4.1M, which is a 28.9% 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 1.9M, marking a 62.6% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 2.2M, a 8.8% 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 840,000, showing a -0.9% 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 -70,000, showing a 84.3% 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 110,000, showing a 179.5% 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 Bt Brands with growth in revenue, gross profit, and net income.