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Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 302M | 43.1% |
| Gross Profit | 74M | 180.6% |
| Cost of Revenue | 20M | 4.4% |
| Operating expense | 229M | 11.6% |
| Net Income | 49M | 3317.9% |
| EBITDA | 75M | 110.5% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 2.23B | 4% |
| Total Liabilities | 1.14B | 3% |
| Total Equity | 1.08B | 5% |
| Shares Outstanding | 399M | 0% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 111M | 628.3% |
| Cash from investing | -52M | 1% |
| Cash from financing | -56M | 229.2% |
EPS
Financial Highlights for Coeur Mining in Q3 '24
Coeur Mining reported a revenue of 302M, which is a 43.1% 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 74M, marking a 180.6% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 20M, a 4.4% 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 229M, showing a 11.6% 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 49M, showing a 3317.9% 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 75M, showing a 110.5% 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 Coeur Mining with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
