Similar companies
Income Statement (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Revenue | 58M | 11.9% |
| Gross Profit | 21M | 27.8% |
| Cost of Revenue | 36M | 4.3% |
| Operating expense | 15M | 4.8% |
| Net Income | 17M | 26.7% |
| EBITDA | 23M | 55.1% |
Balance Sheet (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Total Assets | 5.96B | 3.1% |
| Total Liabilities | 5.39B | 3.4% |
| Total Equity | 569M | 0.6% |
| Shares Outstanding | 12M | 1% |
Cash Flow (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Cash from operations | 44M | 261.5% |
| Cash from investing | -158M | 1264.3% |
| Cash from financing | 129M | 587.8% |
EPS
Financial Highlights for Great Southern Bancorp in Q2 '24
Great Southern Bancorp reported a revenue of 58M, which is a 11.9% 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 21M, marking a 27.8% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 36M, a 4.3% 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 15M, showing a -4.8% 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 17M, showing a 26.7% 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 23M, showing a -55.1% 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 Great Southern Bancorp with growth in revenue, gross profit, and net income. A decline in EBITDA signals potential operational challenges or increased costs.
