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Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 2.77B | 17.6% |
| Gross Profit | 659M | 101% |
| Cost of Revenue | 2.12B | 4.2% |
| Operating expense | 576M | 0% |
| Net Income | 475M | 190.6% |
| EBITDA | 713M | 76.6% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 19.8B | 1.6% |
| Total Liabilities | 18.7B | 4% |
| Total Equity | 1.14B | 63.8% |
| Shares Outstanding | 440M | 0% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 173M | 74.3% |
| Cash from investing | -365M | 0.2% |
| Cash from financing | -69M | 74.4% |
EPS
Financial Highlights for Norwegian Cruise Line in Q3 '24
Norwegian Cruise Line reported a revenue of 2.77B, which is a 17.6% 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 659M, marking a 101% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 2.12B, a 4.2% 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 576M, showing a 0% 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 475M, showing a 190.6% 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 713M, showing a 76.6% 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 Norwegian Cruise Line with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
