Similar companies
Income Statement (NONE)
| Q1 '25 | QoQ | |
|---|---|---|
| Revenue | 72M | 62.9% |
| Cost of Revenue | 72M | 0% |
| Net Income | 5.5M | 38.1% |
| EBITDA | 5M | 0% |
Balance Sheet (NONE)
| Q1 '25 | QoQ | |
|---|---|---|
| Total Assets | 5.7B | 0.9% |
| Total Liabilities | 5.12B | 1% |
| Total Equity | 576M | 0.2% |
| Shares Outstanding | 41M | 1.1% |
Cash Flow (NONE)
| Q1 '25 | QoQ |
|---|
EPS
Financial Highlights for HarborOne Bancorp in Q1 '25
HarborOne Bancorp reported a revenue of 72M, which is a 62.9% 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.
Cost of Revenue was 72M, 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 5.5M, showing a -38.1% 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 5M, 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.
HarborOne Bancorp faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income.
