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Income Statement (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Revenue | 315M | 4.4% |
| Gross Profit | -172M | 17.9% |
| Cost of Revenue | 167M | 15.3% |
| Operating expense | 97M | 98.8% |
| Net Income | 9.7M | 32.8% |
| EBITDA | 160M | 34.3% |
Balance Sheet (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Total Assets | 10.6B | 3.7% |
| Total Liabilities | 9.29B | 4.2% |
| Total Equity | 1.34B | 0.1% |
| Shares Outstanding | 113M | 0.9% |
Cash Flow (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Cash from operations | -185M | 72.3% |
| Cash from investing | 498M | 183.8% |
| Cash from financing | -386M | 128.7% |
EPS
Financial Highlights for LendingClub in Q4 '24
LendingClub reported a revenue of 315M, which is a 4.4% 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 -172M, marking a 17.9% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 167M, a -15.3% 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 97M, showing a 98.8% 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 9.7M, showing a -32.8% 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 160M, showing a 34.3% 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.
LendingClub faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
