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Income Statement (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Operating expense | 6.8M | 36.7% |
| Net Income | -6.7M | 36% |
Balance Sheet (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Total Assets | 14M | 24.4% |
| Total Liabilities | 2.3M | 40.4% |
| Total Equity | 12M | 30.6% |
| Shares Outstanding | 54M | 27.2% |
Cash Flow (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Cash from operations | -5.4M | 24.6% |
| Cash from financing | 730,000 | 93.6% |
EPS
Financial Highlights for Modular Medical in Q2 '25
Operating Expenses for this period were 6.8M, showing a 36.7% 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 -6.7M, showing a -36% 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.
Modular Medical 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.
