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Income Statement (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Revenue | 106M | 361.7% |
| Cost of Revenue | 106M | 0% |
| Net Income | 24M | 320% |
| EBITDA | 28M | 0% |
Balance Sheet (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Total Assets | 7.63B | 2.2% |
| Total Liabilities | 6.85B | 2.7% |
| Total Equity | 776M | 1.6% |
| Shares Outstanding | 44M | 0.5% |
Cash Flow (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Cash from operations | 15M | 131.5% |
| Cash from financing | -178M | 9.3% |
EPS
Financial Highlights for Horizon Bank in Q1 '25
Horizon Bank reported a revenue of 106M, which is a 361.7% 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.
Cost of Revenue was 106M, a 0% 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.
Net Income for the quarter was 24M, showing a 320% 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 28M, showing a 0% 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.
Horizon Bank faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income.
