Similar companies
Income Statement (EUR)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 5.07B | 39.7% |
| Gross Profit | 1.9B | 224.1% |
| Cost of Revenue | 3.17B | 4.2% |
| Operating expense | 3.42B | 1458.2% |
| Net Income | 1.43B | 297.6% |
Balance Sheet (EUR)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 16.4B | 9.1% |
| Total Liabilities | 8.62B | 15.4% |
| Total Equity | 7.76B | 0.9% |
| Shares Outstanding | 1.09B | 4.4% |
Cash Flow (EUR)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 55M | 95.1% |
| Cash from financing | -799M | 204.6% |
Financial Highlights for Ryanair in Q3 '24
Ryanair reported a revenue of 5.07B, which is a 39.7% 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 1.9B, marking a 224.1% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 3.17B, a 4.2% 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 3.42B, showing a 1458.2% 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 1.43B, showing a 297.6% 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.
It was a positive quarter for Ryanair with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies. A decline in EBITDA signals potential operational challenges or increased costs.
