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Income Statement (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Gross Profit | -78,000 | 1.2% |
| Cost of Revenue | 78,000 | 1.3% |
| Operating expense | -78,000 | 101.3% |
| Net Income | -8.1M | 28.5% |
| EBITDA | -8M | 30% |
Balance Sheet (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 693M | 0.1% |
| Total Liabilities | 34M | 24% |
| Total Equity | 659M | 0.9% |
| Shares Outstanding | 218M | 6.6% |
Cash Flow (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 680,000 | 127.3% |
| Cash from financing | -340,000 | 100.1% |
EPS
Financial Highlights for Lithium Americas in Q3 '24
Gross Profit stood at -78,000, marking a 1.2% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 78,000, a -1.3% 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 -78,000, showing a -101.3% 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 -8.1M, showing a -28.5% 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 -8M, showing a -30% 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.
Lithium Americas faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. An increase in the cost of revenue, higher than the revenue growth, suggests potential margin pressures. A decline in EBITDA signals potential operational challenges or increased costs.
