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Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 6.15B | 14.8% |
| Gross Profit | 4.82B | 18.3% |
| Cost of Revenue | 1.34B | 3.8% |
| Operating expense | 425M | 10.1% |
| Net Income | 707M | 57.8% |
| EBITDA | 1.37B | 26.8% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 106B | 0.9% |
| Total Liabilities | 79.4B | 0.6% |
| Total Equity | 26.6B | 1.8% |
| Shares Outstanding | 1.01B | 0.5% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 1.69B | 15.5% |
| Cash from investing | -1.65B | 3.1% |
| Cash from financing | -344M | 174% |
EPS
Financial Highlights for Exelon in Q3 '24
Exelon reported a revenue of 6.15B, which is a 14.8% 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 4.82B, marking a 18.3% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 1.34B, a 3.8% 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 425M, showing a 10.1% 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 707M, showing a 57.8% 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 1.37B, showing a 26.8% 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 Exelon with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
