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Income Statement (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Revenue | 143M | 5% |
| Gross Profit | 98M | 5.1% |
| Cost of Revenue | 46M | 5% |
| Operating expense | 125M | 60.3% |
| Net Income | -6.1M | 97.1% |
| EBITDA | 18M | 109.2% |
Balance Sheet (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Total Assets | 869M | 13.3% |
| Total Liabilities | 676M | 17.3% |
| Total Equity | 193M | 4.3% |
| Shares Outstanding | 105M | 0.8% |
Cash Flow (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Cash from operations | 18M | 54.1% |
| Cash from financing | -103M | 12392.1% |
EPS
Financial Highlights for Chegg in Q4 '24
Chegg reported a revenue of 143M, which is a 5% 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 98M, marking a 5.1% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 46M, a 5% 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 125M, showing a -60.3% 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 -6.1M, showing a 97.1% 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 18M, showing a 109.2% 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 Chegg with growth in revenue, gross profit, and net income.
