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Income Statement (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Gross Profit | -7.6M | 22.4% |
| Cost of Revenue | 7.6M | 22.4% |
| Operating expense | 31M | 6.2% |
| Net Income | -25M | 15.3% |
| EBITDA | -28M | 6.7% |
Balance Sheet (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Total Assets | 554M | 4% |
| Total Liabilities | 101M | 2.3% |
| Total Equity | 453M | 4.3% |
| Shares Outstanding | 73M | 45% |
Cash Flow (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Cash from operations | -22M | 23.2% |
| Cash from investing | -108M | 600.9% |
| Cash from financing | -370,000 | 100.2% |
EPS
Financial Highlights for Nkarta in Q2 '24
Gross Profit stood at -7.6M, marking a 22.4% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 7.6M, a -22.4% 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 31M, showing a -6.2% 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 -25M, showing a 15.3% 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 -28M, showing a 6.7% 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.
The company's performance remained stable this quarter with no significant positive or negative changes in the key financial metrics.
