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Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 224M | 4.7% |
| Gross Profit | 49M | 7.2% |
| Cost of Revenue | 175M | 4% |
| Operating expense | 52M | 1.2% |
| Net Income | 6.7M | 404.5% |
| EBITDA | -2.1M | 27.2% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 530M | 15.3% |
| Total Liabilities | 303M | 26.1% |
| Total Equity | 227M | 5.2% |
| Shares Outstanding | 50M | 0.9% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 14M | 276.3% |
| Cash from investing | 76M | 2099.7% |
| Cash from financing | -110M | 4884.6% |
EPS
Financial Highlights for Outbrain in Q3 '24
Outbrain reported a revenue of 224M, which is a 4.7% 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 49M, marking a 7.2% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 175M, a 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 52M, showing a 1.2% 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 6.7M, showing a 404.5% 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 -2.1M, showing a 27.2% 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 Outbrain with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
