Similar companies
Company | Revenue | |
---|---|---|
No data for previous quarter available yet. |
Income Statement (USD)
Q3 '24 | QoQ | |
---|---|---|
Revenue | 102M | 0.9% |
Gross Profit | 35M | 10.4% |
Cost of Revenue | 67M | 3.5% |
Operating expense | 80M | 2.9% |
Net Income | -18M | 8.7% |
EBITDA | -16M | 4.2% |
Balance Sheet (USD)
Q3 '24 | QoQ | |
---|---|---|
Total Assets | 362M | 2.6% |
Total Liabilities | 111M | 7.1% |
Total Equity | 251M | 0.6% |
Shares Outstanding | 58M | 1.5% |
Cash Flow (USD)
Q3 '24 | QoQ | |
---|---|---|
Cash from operations | 11M | 1634.1% |
Cash from investing | -7.4M | 35.9% |
Cash from financing | -1.4M | 24.3% |
EPS
Financial Highlights for Phreesia in Q3 '24
Phreesia reported a revenue of 102M, which is a 0.9% 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 35M, marking a 10.4% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 67M, 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 80M, showing a -2.9% 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 -18M, showing a 8.7% 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 4.2% 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 Phreesia with growth in revenue, gross profit, and net income.