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Income Statement (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Operating expense | 14M | 26.2% |
| Net Income | -11M | 30.4% |
| EBITDA | -14M | 0.9% |
Balance Sheet (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Total Assets | 281M | 5.5% |
| Total Liabilities | 14M | 21.6% |
| Total Equity | 268M | 4.5% |
| Shares Outstanding | 174M | 1% |
Cash Flow (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Cash from operations | -11M | 52.9% |
| Cash from financing | -3M | 73.4% |
EPS
Financial Highlights for Hyliion in Q2 '24
Operating Expenses for this period were 14M, showing a -26.2% 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 -11M, showing a 30.4% 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 -14M, showing a 0.9% 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.
The company's performance remained stable this quarter with no significant positive or negative changes in the key financial metrics.
