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Income Statement (USD)
Q2 '24 | QoQ | |
---|---|---|
Revenue | 312M | 4% |
Gross Profit | 199M | 5.1% |
Cost of Revenue | 114M | 2% |
Operating expense | 328M | 3.5% |
Net Income | -23M | 10.3% |
EBITDA | 1.8M | 76.7% |
Balance Sheet (USD)
Q2 '24 | QoQ | |
---|---|---|
Total Assets | 2.12B | 0.6% |
Total Liabilities | 689M | 1.8% |
Total Equity | 1.43B | 0.1% |
Shares Outstanding | 383M | 0.3% |
Cash Flow (USD)
Q2 '24 | QoQ | |
---|---|---|
Cash from operations | 44M | 301.8% |
Cash from investing | -5.1M | 0.1% |
Cash from financing | -1.4M | 41.1% |
EPS
Financial Highlights for Lifestance Health in Q2 '24
Lifestance Health reported a revenue of 312M, which is a 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 199M, marking a 5.1% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 114M, a 2% 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 328M, showing a 3.5% 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 -23M, showing a -10.3% 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 1.8M, showing a -76.7% 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.
Lifestance Health 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. A decline in EBITDA signals potential operational challenges or increased costs.