Similar companies
Income Statement (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 721M | 20.4% |
| Gross Profit | 171M | 3% |
| Cost of Revenue | 550M | 27.1% |
| Operating expense | 71M | 47.8% |
| Net Income | 7.4M | 79.4% |
| EBITDA | 147M | 8.6% |
Balance Sheet (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 9.29B | 1% |
| Total Liabilities | 3.08B | 3.5% |
| Total Equity | 6.21B | 0.2% |
| Shares Outstanding | 743M | 70.4% |
Cash Flow (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 52M | 79.9% |
| Cash from financing | -149M | 14.1% |
Financial Highlights for Cameco in Q3 '24
Cameco reported a revenue of 721M, which is a 20.4% 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 171M, marking a 3% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 550M, a 27.1% 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 71M, showing a -47.8% 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 7.4M, showing a -79.4% 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 147M, showing a -8.6% 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.
Cameco faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. An increase in the cost of revenue, higher than the revenue growth, suggests potential margin pressures. A decline in EBITDA signals potential operational challenges or increased costs.
