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Income Statement (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 208M | 2.9% |
| Gross Profit | 62M | 5.2% |
| Cost of Revenue | 146M | 1.9% |
| Operating expense | 91M | 7.2% |
| Net Income | -35M | 13.7% |
| EBITDA | -16M | 32.1% |
Balance Sheet (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 921M | 1.2% |
| Total Liabilities | 690M | 0.5% |
| Total Equity | 230M | 6% |
| Shares Outstanding | 598M | 0.3% |
Cash Flow (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | -18M | 61.3% |
| Cash from financing | -4M | 65.1% |
EPS
Financial Highlights for Oatly in Q3 '24
Oatly reported a revenue of 208M, which is a 2.9% 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 62M, marking a 5.2% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 146M, a 1.9% 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 91M, showing a -7.2% 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 -35M, showing a -13.7% 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 -16M, showing a 32.1% 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.
Oatly faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income.
