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Income Statement (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 855M | 4.3% |
| Gross Profit | 289M | 17.6% |
| Cost of Revenue | 566M | 1.4% |
| Operating expense | 115M | 33.7% |
| Net Income | 146M | 21.4% |
| EBITDA | 193M | 19.3% |
Balance Sheet (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 5.51B | 2.2% |
| Total Liabilities | 3.19B | 1.2% |
| Total Equity | 2.32B | 3.6% |
| Shares Outstanding | 42M | 0% |
Cash Flow (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 189M | 30.1% |
| Cash from financing | -50M | 15.5% |
EPS
Financial Highlights for Copa Airlines in Q3 '24
Copa Airlines reported a revenue of 855M, which is a 4.3% 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 289M, marking a 17.6% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 566M, a -1.4% 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 115M, showing a 33.7% 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 146M, showing a 21.4% 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 193M, showing a -19.3% 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 Copa Airlines with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies. A decline in EBITDA signals potential operational challenges or increased costs.
