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Income Statement (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 28M | 0.4% |
| Gross Profit | 28M | 0.4% |
| Operating expense | 1.1M | 77% |
| Net Income | -2M | 239.6% |
| EBITDA | -3.2M | 572.9% |
Balance Sheet (NONE)
| Q3 '24 | QoQ |
|---|
Cash Flow (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 8.1M | 0% |
| Cash from financing | -29M | 0% |
EPS
Financial Highlights for First Northwest Bancorp in Q3 '24
First Northwest Bancorp reported a revenue of 28M, which is a 0.4% 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 28M, marking a 0.4% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Operating Expenses for this period were 1.1M, showing a -77% 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 -2M, showing a -239.6% 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 -3.2M, showing a -572.9% 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.
First Northwest Bancorp faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. A decline in EBITDA signals potential operational challenges or increased costs.
