Similar companies
Income Statement (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Revenue | 140M | 4.5% |
| Gross Profit | 71M | 35.3% |
| Cost of Revenue | 69M | 15.2% |
| Operating expense | 100M | 114.7% |
| Net Income | -38M | 500.9% |
| EBITDA | -29M | 304.1% |
Balance Sheet (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Total Assets | 1.13B | 4.3% |
| Total Liabilities | 712M | 1.8% |
| Total Equity | 421M | 8.2% |
| Shares Outstanding | 118M | 0.2% |
Cash Flow (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Cash from operations | 4.1M | 336% |
| Cash from financing | -4.3M | 1477.6% |
EPS
Financial Highlights for Holley in Q4 '24
Holley reported a revenue of 140M, which is a 4.5% 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 71M, marking a 35.3% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 69M, a -15.2% 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 100M, showing a 114.7% 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 -38M, showing a -500.9% 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 -29M, showing a -304.1% 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.
Holley faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. Higher operating expenses might indicate increased investments or potential inefficiencies. A decline in EBITDA signals potential operational challenges or increased costs.
