Similar companies
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 87M | 7.3% |
| Gross Profit | 4.7M | 12.2% |
| Cost of Revenue | 82M | 7% |
| Operating expense | 29M | 1.5% |
| Net Income | -18M | 9% |
| EBITDA | 8.1M | 3.2% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 820M | 1.4% |
| Total Liabilities | 566M | 0.1% |
| Total Equity | 254M | 4% |
| Shares Outstanding | 287M | 16.5% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 8.5M | 118% |
| Cash from financing | -13M | 117.1% |
EPS
Financial Highlights for Gogoro in Q3 '24
Gogoro reported a revenue of 87M, which is a 7.3% 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 4.7M, marking a 12.2% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 82M, a 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 29M, showing a 1.5% 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 -18M, showing a 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 8.1M, showing a 3.2% 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 Gogoro with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
