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Income Statement (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Revenue | 1.47B | 0.7% |
| Gross Profit | 1.47B | 8.6% |
| Operating expense | 1.15B | 20.7% |
| Net Income | 255M | 15.8% |
Balance Sheet (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Total Assets | 29.1B | 1.6% |
| Total Liabilities | 23.8B | 4.6% |
| Total Equity | 5.31B | 14.4% |
| Shares Outstanding | 85M | 3.8% |
Cash Flow (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Cash from operations | 337M | 1.1% |
| Cash from financing | -501M | 426.8% |
EPS
Financial Highlights for Globe Life in Q4 '24
Globe Life reported a revenue of 1.47B, which is a 0.7% 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 1.47B, marking a 8.6% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Operating Expenses for this period were 1.15B, showing a -20.7% 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 255M, showing a -15.8% 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.
Globe Life 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.
