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Income Statement (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Gross Profit | -42,000 | 0% |
| Cost of Revenue | 42,000 | 0% |
| Operating expense | 4.3M | 152.1% |
| Net Income | -4.7M | 178.3% |
| EBITDA | -4.6M | 12872.6% |
Balance Sheet (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Total Assets | 16M | 85.2% |
| Total Liabilities | 3.4M | 53.3% |
| Total Equity | 13M | 96% |
| Shares Outstanding | 28M | 16.2% |
Cash Flow (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Cash from operations | -2.5M | 10.5% |
| Cash from financing | 10M | 2783.1% |
EPS
Financial Highlights for Nano Nuclear Energy in Q2 '24
Gross Profit stood at -42,000, marking a 0% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 42,000, a 0% 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 4.3M, showing a 152.1% 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 -4.7M, showing a -178.3% 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 -4.6M, showing a -12872.6% 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.
Nano Nuclear Energy faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. Higher operating expenses might indicate increased investments or potential inefficiencies. A decline in EBITDA signals potential operational challenges or increased costs.
