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Income Statement (USD)
Q4 '23 | QoQ | |
---|---|---|
Gross Profit | -6.2M | 113.4% |
Cost of Revenue | -62M | 238% |
Operating expense | -573M | 872.8% |
Net Income | 61M | 15341.2% |
Balance Sheet (USD)
Q4 '23 | QoQ | |
---|---|---|
Total Assets | 23M | 35.3% |
Total Liabilities | 2.7M | 75.9% |
Total Equity | 20M | 15.8% |
Shares Outstanding | 5.9M | 70.4% |
Cash Flow (USD)
Q4 '23 | QoQ | |
---|---|---|
Cash from operations | 152M | 1123% |
Cash from investing | -8.6M | 942.6% |
Cash from financing | -190M | 33100.1% |
EPS
Financial Highlights for MicroCloud Hologram in Q4 '23
Gross Profit stood at -6.2M, marking a -113.4% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was -62M, a -238% 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 -573M, showing a -872.8% 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 61M, showing a 15341.2% 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.
MicroCloud Hologram faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income.