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Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 860,000 | 124% |
| Gross Profit | -1.5M | 5.6% |
| Cost of Revenue | 2.4M | 19.3% |
| Operating expense | 7.8M | 51.9% |
| Net Income | -6.9M | 46.2% |
| EBITDA | -7.9M | 28.7% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 496M | 4.1% |
| Total Liabilities | 185M | 16% |
| Total Equity | 311M | 1.9% |
| Shares Outstanding | 3.6M | 0.2% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | -3.3M | 367.2% |
| Cash from investing | -31M | 24.1% |
| Cash from financing | 27M | 18.2% |
EPS
Financial Highlights for Belpointe PREP LLC Unit in Q3 '24
Belpointe PREP LLC Unit reported a revenue of 860,000, which is a 124% 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 -1.5M, marking a 5.6% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 2.4M, a 19.3% 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 7.8M, showing a 51.9% 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 -6.9M, showing a -46.2% 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 -7.9M, showing a -28.7% 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.
Belpointe PREP LLC Unit 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.
