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Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 22M | 9.7% |
| Gross Profit | 7.2M | 33.5% |
| Cost of Revenue | 15M | 1.1% |
| Operating expense | 1.8M | 39.6% |
| Net Income | 5.4M | 32.6% |
| EBITDA | 6.9M | 154.3% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 2.8B | 0.5% |
| Total Liabilities | 2.56B | 0% |
| Total Equity | 246M | 6.7% |
| Shares Outstanding | 9.8M | 0% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 5.6M | 96.2% |
| Cash from investing | 9.4M | 68.3% |
| Cash from financing | 1.8M | 138.8% |
EPS
Financial Highlights for Investar Holding in Q3 '24
Investar Holding reported a revenue of 22M, which is a 9.7% 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 7.2M, marking a 33.5% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 15M, a 1.1% 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 1.8M, showing a -39.6% 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 5.4M, showing a 32.6% 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 6.9M, showing a 154.3% 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.
It was a positive quarter for Investar Holding with growth in revenue, gross profit, and net income.
