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Income Statement (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Revenue | 730M | 17% |
| Gross Profit | 182M | 152.4% |
| Cost of Revenue | 548M | 0.7% |
| Operating expense | 109M | 3.5% |
| Net Income | -68M | 50.9% |
| EBITDA | -14M | 87.1% |
Balance Sheet (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Total Assets | 4.24B | 11.9% |
| Total Liabilities | 4.35B | 13.5% |
| Shares Outstanding | 52M | 0.3% |
Cash Flow (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Cash from operations | -27M | 10778% |
| Cash from investing | -208M | 526% |
| Cash from financing | 515M | 365.6% |
EPS
Financial Highlights for Hawaiian Airlines in Q2 '24
Hawaiian Airlines reported a revenue of 730M, which is a 17% 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 182M, marking a 152.4% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 548M, a -0.7% 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 109M, showing a -3.5% 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 -68M, showing a 50.9% 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 -14M, showing a 87.1% 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 Hawaiian Airlines with growth in revenue, gross profit, and net income.
