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Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 195M | 55.8% |
| Gross Profit | 90M | 94.5% |
| Cost of Revenue | 104M | 32.9% |
| Operating expense | 72M | 9% |
| Net Income | 23M | 191.3% |
| EBITDA | 29M | 617.9% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 890M | 3.7% |
| Total Liabilities | 1.01B | 0.2% |
| Shares Outstanding | 54M | 1.6% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 28M | 50.7% |
| Cash from investing | -20M | 176% |
| Cash from financing | -700,000 | 96.1% |
EPS
Financial Highlights for Lindblad Expeditions in Q3 '24
Lindblad Expeditions reported a revenue of 195M, which is a 55.8% 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 90M, marking a 94.5% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 104M, a 32.9% 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 72M, showing a 9% 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 191.3% 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 29M, showing a 617.9% 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 Lindblad Expeditions with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
