424M 27.3%
Total Revenue QoQ (USD) - Q3 '24

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Income Statement (USD)

Q3 '24 QoQ
Revenue 424M 27.3%
Gross Profit 88M 68.7%
Cost of Revenue 336M 11.3%
Operating expense 335M 11.7%
Net Income 80M 60.8%
EBITDA 126M 57.7%

Balance Sheet (USD)

Q3 '24 QoQ
Total Assets 16.2B 2.6%
Total Liabilities 11.5B 3.2%
Total Equity 4.64B 1%
Shares Outstanding 64M 0.5%

Cash Flow (USD)

Q3 '24 QoQ
Cash from operations 215M 231.1%
Cash from investing -224M 59.9%
Cash from financing 124M 84.3%

EPS

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Financial Highlights for Mr. Cooper Group in Q3 '24

Mr. Cooper Group reported a revenue of 424M, which is a -27.3% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. A decline in revenue can be concerning, as it might indicate reduced sales or challenges in the market. It's important to investigate further to understand the underlying causes.

Gross Profit stood at 88M, marking a -68.7% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.

Cost of Revenue was 336M, a 11.3% 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 335M, showing a 11.7% 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 80M, showing a -60.8% 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 126M, showing a -57.7% 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.

Mr. Cooper Group 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. Higher operating expenses might indicate increased investments or potential inefficiencies. A decline in EBITDA signals potential operational challenges or increased costs.

The analytics provided are estimates and not a substitute for professional advice. All investments involve risks, including possible capital loss.
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