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Income Statement (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Operating expense | 12M | 17.3% |
| Net Income | -20M | 181.6% |
| EBITDA | -12M | 17.3% |
Balance Sheet (NONE)
| Q3 '24 | QoQ |
|---|
Cash Flow (NONE)
| Q3 '24 | QoQ |
|---|
EPS
Financial Highlights for I-Mab in Q3 '24
Operating Expenses for this period were 12M, showing a -17.3% 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 -20M, showing a -181.6% 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 -12M, showing a 17.3% 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.
I-Mab faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income.
