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Income Statement (USD)
Q1 '24 | QoQ | |
---|---|---|
Revenue | 53M | 13% |
Gross Profit | 23M | 35.1% |
Cost of Revenue | 30M | 0.3% |
Operating expense | 7.3M | 2.2% |
Net Income | 15M | 11.9% |
EBITDA | 760,000 | 11.4% |
Balance Sheet (USD)
Q1 '24 | QoQ | |
---|---|---|
Total Assets | 4.68B | 0.2% |
Total Liabilities | 4.17B | 0% |
Total Equity | 513M | 2.7% |
Shares Outstanding | 17M | 0.3% |
Cash Flow (USD)
Q1 '24 | QoQ | |
---|---|---|
Cash from operations | -9M | 142% |
Cash from investing | 48M | 11282.3% |
Cash from financing | -5.8M | 3448.8% |
EPS
Financial Highlights for HomeTrust Bancshares in Q1 '24
HomeTrust Bancshares reported a revenue of 53M, which is a 13% 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 23M, marking a 35.1% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 30M, a 0.3% 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 7.3M, showing a -2.2% 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 15M, showing a 11.9% 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 760,000, showing a -11.4% 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 HomeTrust Bancshares with growth in revenue, gross profit, and net income. A decline in EBITDA signals potential operational challenges or increased costs.