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Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 1.8B | 10% |
| Gross Profit | 1.34B | 4.5% |
| Cost of Revenue | 456M | 30.3% |
| Operating expense | 9M | 10% |
| Net Income | 184M | 2.8% |
| EBITDA | 2.02B | 3.1% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 149B | 8.7% |
| Total Liabilities | 133B | 9.1% |
| Total Equity | 4.15B | 5.6% |
| Shares Outstanding | 109M | 1% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 3.58B | 121% |
| Cash from investing | -35M | 150% |
| Cash from financing | -177M | 46.8% |
EPS
Financial Highlights for Interactive Brokers in Q3 '24
Interactive Brokers reported a revenue of 1.8B, which is a 10% 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 1.34B, marking a 4.5% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 456M, a 30.3% 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 9M, showing a -10% 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 184M, showing a 2.8% 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 2.02B, showing a 3.1% 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.
It was a positive quarter for Interactive Brokers with growth in revenue, gross profit, and net income. An increase in the cost of revenue, higher than the revenue growth, suggests potential margin pressures.
