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Income Statement (USD)
Q2 '24 | QoQ | |
---|---|---|
Revenue | 58M | 3.9% |
Gross Profit | 16M | 11% |
Cost of Revenue | 42M | 1.3% |
Operating expense | 7M | 23.1% |
Net Income | 14M | 12.7% |
EBITDA | 29M | 8.3% |
Balance Sheet (USD)
Q2 '24 | QoQ | |
---|---|---|
Total Assets | 4.23B | 0.8% |
Total Liabilities | 3.76B | 1.2% |
Total Equity | 461M | 2.8% |
Shares Outstanding | 17M | 0.1% |
Cash Flow (USD)
Q2 '24 | QoQ | |
---|---|---|
Cash from operations | 25M | 70.3% |
Cash from investing | 73M | 113.8% |
Cash from financing | -55M | 2.6% |
EPS
Financial Highlights for Capital City Bank Group in Q2 '24
Capital City Bank Group reported a revenue of 58M, which is a 3.9% 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 16M, marking a 11% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 42M, a 1.3% 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 7M, showing a -23.1% 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 14M, showing a 12.7% 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 29M, showing a 8.3% 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 Capital City Bank Group with growth in revenue, gross profit, and net income.