Similar companies
Income Statement (USD)
| Q4 '23 | QoQ | |
|---|---|---|
| Operating expense | 2.6M | 10.5% |
| Net Income | -2.5M | 9.4% |
Balance Sheet (USD)
| Q4 '23 | QoQ | |
|---|---|---|
| Total Assets | 5.9M | 24.6% |
| Total Liabilities | 3.1M | 21% |
| Total Equity | 2.8M | 47% |
| Shares Outstanding | 3M | 0% |
Cash Flow (USD)
| Q4 '23 | QoQ | |
|---|---|---|
| Cash from operations | -1.9M | 40.3% |
| Cash from financing | 2,000 | 103.1% |
EPS
Financial Highlights for Rail Vision in Q4 '23
Operating Expenses for this period were 2.6M, showing a -10.5% 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 -2.5M, showing a 9.4% 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.
Rail Vision faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income.
