Similar companies
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 20M | 13.6% |
| Gross Profit | 6.5M | 67.6% |
| Cost of Revenue | 13M | 1.7% |
| Operating expense | 18M | 10.6% |
| Net Income | 27M | 14.4% |
| EBITDA | 1.8M | 54.8% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 404M | 9.2% |
| Total Liabilities | 125M | 5.9% |
| Total Equity | 279M | 10.7% |
| Shares Outstanding | 1.4M | 0% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 3.1M | 95.1% |
| Cash from investing | -34,000 | 383.3% |
| Cash from financing | -39,000 | 98% |
EPS
Financial Highlights for The Daily Journal in Q3 '24
The Daily Journal reported a revenue of 20M, which is a 13.6% 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 6.5M, marking a 67.6% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 13M, a -1.7% 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 18M, showing a 10.6% 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 27M, showing a 14.4% 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 1.8M, showing a 54.8% 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.
It was a positive quarter for The Daily Journal with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
