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Income Statement (NONE)
| Q1 '25 | QoQ | |
|---|---|---|
| Revenue | 834M | 0.5% |
| Gross Profit | 97M | 12.7% |
| Cost of Revenue | 737M | 1% |
| Operating expense | 63M | 12.1% |
| Net Income | 23M | 46.1% |
| EBITDA | 34M | 24.8% |
Balance Sheet (NONE)
| Q1 '25 | QoQ | |
|---|---|---|
| Total Assets | 1.52B | 3.3% |
| Total Liabilities | 973M | 0% |
| Total Equity | 549M | 8.6% |
| Shares Outstanding | 16M | 0.8% |
Cash Flow (NONE)
| Q1 '25 | QoQ | |
|---|---|---|
| Cash from operations | 83M | 294.4% |
| Cash from financing | -65M | 366.8% |
EPS
Financial Highlights for MYR Group in Q1 '25
MYR Group reported a revenue of 834M, which is a 0.5% 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 97M, marking a 12.7% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 737M, a -1% 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 63M, showing a 12.1% 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 46.1% 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 34M, showing a -24.8% 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 MYR Group with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies. A decline in EBITDA signals potential operational challenges or increased costs.
