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Income Statement (USD)
Q2 '24 | QoQ | |
---|---|---|
Revenue | 324M | 1% |
Gross Profit | 231M | 1.8% |
Cost of Revenue | 278M | 11% |
Operating expense | 185M | 15.4% |
Net Income | 48M | 227.4% |
EBITDA | 55M | 176.3% |
Balance Sheet (USD)
Q2 '24 | QoQ | |
---|---|---|
Total Assets | 1.2B | 6.7% |
Total Liabilities | 501M | 3% |
Total Equity | 704M | 9.5% |
Shares Outstanding | 56M | 1.4% |
Cash Flow (USD)
Q2 '24 | QoQ | |
---|---|---|
Cash from operations | 1.3M | 96.5% |
Cash from investing | -880,000 | 76.3% |
Cash from financing | 410,000 | 484.9% |
EPS
Financial Highlights for e.l.f. Cosmetics in Q2 '24
e.l.f. Cosmetics reported a revenue of 324M, which is a 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 231M, marking a 1.8% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 278M, a -11% 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 185M, showing a -15.4% 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 48M, showing a 227.4% 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 55M, showing a 176.3% 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 e.l.f. Cosmetics with growth in revenue, gross profit, and net income.