Income Statement (USD)

Q1 '24 QoQ
Revenue 5.6M 70.1%
Gross Profit -46M 52.6%
Cost of Revenue 52M 55.4%
Operating expense 23M 48.1%
Net Income -49M 49.7%
EBITDA -25M 65.8%

Balance Sheet (USD)

Q1 '24 QoQ
Total Assets 414M 1.9%
Total Liabilities 970M 4.8%
Shares Outstanding 32M 0.9%

Cash Flow (USD)

Q1 '24 QoQ
Cash from operations -500,000 73.8%
Cash from investing -700,000 64.5%
Cash from financing 2.7M 13.8%



Financial Highlights for Chicken Soup for the Soul in Q1 '24

Chicken Soup for the Soul reported a revenue of 5.6M, which is a -70.1% 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 -46M, marking a 52.6% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.

Cost of Revenue was 52M, a -55.4% 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 23M, showing a -48.1% 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 49.7% 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 -25M, showing a 65.8% 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.

Chicken Soup for the Soul 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.

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