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| Company | Revenue | |
|---|---|---|
 |
The J.M. Smucker CompanySJM |
2.1B 5.1% |
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 30M | 75.2% |
| Gross Profit | 8.3M | 275% |
| Cost of Revenue | 21M | 45.2% |
| Operating expense | 6.6M | 43% |
| Net Income | 700,000 | 125.2% |
| EBITDA | 1.8M | 166.8% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 82M | 0.4% |
| Total Liabilities | 71M | 1.3% |
| Total Equity | 11M | 6.7% |
| Shares Outstanding | 17M | 11.2% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 3.6M | 237.1% |
| Cash from investing | -100,000 | 98.5% |
| Cash from financing | -2.9M | 1156.1% |
EPS
Financial Highlights for Maison Solutions in Q3 '24
Maison Solutions reported a revenue of 30M, which is a 75.2% 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 8.3M, marking a 275% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 21M, a 45.2% 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 6.6M, showing a 43% 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 700,000, showing a 125.2% 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 166.8% 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 Maison Solutions with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
