4.05B 6.8%
Total Revenue QoQ (USD) - Q1 '24

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Income Statement (USD)

Q1 '24 QoQ
Revenue 4.05B 6.8%
Gross Profit 1.24B 305.8%
Cost of Revenue 2.81B 35.9%
Operating expense 839M 70.3%
Net Income 170M 105.4%
EBITDA 1.68B 21.2%

Balance Sheet (USD)

Q1 '24 QoQ
Total Assets 55.3B 0.3%
Total Liabilities 26.3B 0.2%
Total Equity 28.9B 0.5%
Shares Outstanding 1.15B 0.1%

Cash Flow (USD)

Q1 '24 QoQ
Cash from operations 955M 55%
Cash from investing -798M 220.5%
Cash from financing -299M 44.4%

EPS

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Financial Highlights for Newmont in Q1 '24

Newmont reported a revenue of 4.05B, which is a 6.8% 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 1.24B, marking a 305.8% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.

Cost of Revenue was 2.81B, a -35.9% 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 839M, showing a -70.3% 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 170M, showing a 105.4% 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 1.68B, showing a 21.2% 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 Newmont with growth in revenue, gross profit, and net income.

The analytics provided are estimates and not a substitute for professional advice. All investments involve risks, including possible capital loss.
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