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Income Statement (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Revenue | 44M | 2.9% |
| Gross Profit | 22M | 3% |
| Cost of Revenue | 22M | 2.8% |
| Operating expense | 12M | 5% |
| Net Income | 8.1M | 13.9% |
| EBITDA | 10M | 14% |
Balance Sheet (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Total Assets | 3.2B | 0.4% |
| Total Liabilities | 2.93B | 0.2% |
| Total Equity | 265M | 2.2% |
| Shares Outstanding | 11M | 0% |
Cash Flow (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Cash from operations | 7.4M | 237.9% |
| Cash from investing | -7.3M | 70.6% |
| Cash from financing | 810,000 | 96.2% |
EPS
Financial Highlights for First Bancorp in Q2 '25
First Bancorp reported a revenue of 44M, which is a 2.9% 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 22M, marking a 3% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 22M, a 2.8% 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 12M, showing a -5% 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 8.1M, showing a 13.9% 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 10M, showing a 14% 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 First Bancorp with growth in revenue, gross profit, and net income.
