Similar companies
| Company | Revenue | |
|---|---|---|
 |
IBMIBM |
15B N/A |
 |
ServiceNowNOW |
2.8B 6.5% |
 |
SAP SESAP |
8.47B 2.2% |
 |
GartnerIT |
1.5B 6.1% |
 |
AmphenolAPH |
4.04B 11.9% |
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 52M | 58.9% |
| Gross Profit | 11M | 3199.4% |
| Cost of Revenue | 41M | 26.6% |
| Operating expense | 10M | 9.1% |
| Net Income | 17M | 124307.1% |
| EBITDA | 11M | 102.9% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 88M | 33.6% |
| Total Liabilities | 41M | 9.2% |
| Total Equity | 48M | 64.7% |
| Shares Outstanding | 29M | 0% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 11M | 2604.6% |
| Cash from investing | -1.5M | 46.7% |
| Cash from financing | -200,000 | 128.6% |
EPS
Financial Highlights for Innodata in Q3 '24
Innodata reported a revenue of 52M, which is a 58.9% 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.
Gross Profit stood at 11M, marking a 3199.4% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 41M, a 26.6% 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 10M, showing a 9.1% 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 17M, showing a 124307.1% 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 11M, showing a 102.9% 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.
It was a positive quarter for Innodata with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
