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Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 412M | 9.1% |
| Gross Profit | 78M | 18% |
| Cost of Revenue | 334M | 7.3% |
| Operating expense | 67M | 1.1% |
| Net Income | 5.8M | 17.6% |
| EBITDA | 25M | 191.9% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 3.12B | 24.3% |
| Total Liabilities | 1.59B | 8% |
| Total Equity | 1.53B | 47.6% |
| Shares Outstanding | 59M | 1.2% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 92M | 27.3% |
| Cash from investing | -312M | 626.1% |
| Cash from financing | 529M | 5858.4% |
EPS
Financial Highlights for Casella Waste Systems in Q3 '24
Casella Waste Systems reported a revenue of 412M, which is a 9.1% 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 78M, marking a 18% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 334M, a 7.3% 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 67M, showing a -1.1% 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 5.8M, showing a -17.6% 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 191.9% 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.
Casella Waste Systems faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income.
