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Income Statement (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Revenue | 439M | 7.6% |
| Gross Profit | 307M | 4.5% |
| Cost of Revenue | 416M | 3.5% |
| Operating expense | 433M | 51.7% |
| Net Income | -118M | 22087.2% |
| EBITDA | -124M | 1457.5% |
Balance Sheet (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Total Assets | 1.59B | 9% |
| Total Liabilities | 900M | 3.4% |
| Total Equity | 686M | 15.3% |
| Shares Outstanding | 50M | 0.3% |
Cash Flow (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Cash from operations | 51M | 1443.3% |
| Cash from investing | -8.5M | 7.9% |
| Cash from financing | -29M | 9.8% |
EPS
Financial Highlights for Nu Skin in Q2 '24
Nu Skin reported a revenue of 439M, which is a 7.6% 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 307M, marking a 4.5% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 416M, a 3.5% 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 433M, showing a 51.7% 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 -118M, showing a -22087.2% 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 -124M, showing a -1457.5% 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.
Nu Skin 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.
