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Income Statement (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 716M | 7.8% |
| Gross Profit | 307M | 11.2% |
| Cost of Revenue | 409M | 5.4% |
| Operating expense | 345M | 10.2% |
| Net Income | 26M | 149.1% |
| EBITDA | 58M | 314.3% |
Balance Sheet (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 9.18B | 8.4% |
| Total Liabilities | 2.75B | 29.3% |
| Total Equity | 6.36B | 1.5% |
| Shares Outstanding | 4.25B | 7.2% |
Cash Flow (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 338M | 24.3% |
| Cash from financing | -129M | 3325% |
EPS
Financial Highlights for Grab Holdings in Q3 '24
Grab Holdings reported a revenue of 716M, which is a 7.8% 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 307M, marking a 11.2% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 409M, a 5.4% 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 345M, showing a 10.2% 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 26M, showing a 149.1% 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 58M, showing a 314.3% 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 Grab Holdings with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
