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Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 28M | 4% |
| Gross Profit | 11M | 18.2% |
| Cost of Revenue | 17M | 3.2% |
| Operating expense | 38M | 11.4% |
| Net Income | -26M | 7.2% |
| EBITDA | -26M | 8.3% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 255M | 17.6% |
| Total Liabilities | 83M | 40.1% |
| Total Equity | 172M | 0.7% |
| Shares Outstanding | 50M | 5% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | -3.8M | 82.6% |
| Cash from investing | 26M | 170.4% |
| Cash from financing | -30M | 278.4% |
EPS
Financial Highlights for Ouster in Q3 '24
Ouster reported a revenue of 28M, which is a 4% 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 11M, marking a 18.2% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 17M, a -3.2% 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 38M, showing a 11.4% 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 -26M, showing a -7.2% 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 -26M, showing a -8.3% 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.
Ouster 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.
