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Income Statement (USD)
Q2 '24 | QoQ | |
---|---|---|
Revenue | 827M | 18.3% |
Gross Profit | 48M | 2190.5% |
Cost of Revenue | 779M | 11.7% |
Operating expense | 161M | 1.6% |
Net Income | 39M | 90.3% |
EBITDA | 86M | 15% |
Balance Sheet (USD)
Q2 '24 | QoQ | |
---|---|---|
Total Assets | 3.49B | 2.5% |
Total Liabilities | 2.54B | 0.9% |
Total Equity | 701M | 3.9% |
Shares Outstanding | 87M | 1.2% |
Cash Flow (USD)
Q2 '24 | QoQ | |
---|---|---|
Cash from operations | 116M | 104.8% |
Cash from investing | -342M | 761% |
Cash from financing | -71M | 138.3% |
EPS
Financial Highlights for Shift4 in Q2 '24
Shift4 reported a revenue of 827M, which is a 18.3% 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 48M, marking a 2190.5% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 779M, a 11.7% 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 161M, showing a 1.6% 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 39M, showing a 90.3% 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 86M, showing a 15% 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 Shift4 with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.