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Income Statement (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Revenue | 10.9B | 12% |
| Gross Profit | 2.93B | 37% |
| Cost of Revenue | 7.95B | 5% |
| Operating expense | 1.87B | 19% |
| Net Income | -529M | 10.3% |
| EBITDA | 2.01B | 36% |
Balance Sheet (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Total Assets | 93.4B | 1.7% |
| Total Liabilities | 77B | 6.8% |
| Total Equity | 14B | 18.8% |
| Shares Outstanding | 1.33B | 0% |
Cash Flow (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Cash from operations | 2.25B | 465.7% |
| Cash from financing | -210M | 177.5% |
EPS
Financial Highlights for Companhia Siderurgica Nacional ADR in Q2 '24
Companhia Siderurgica Nacional ADR reported a revenue of 10.9B, which is a 12% 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 2.93B, marking a 37% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 7.95B, a 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 1.87B, showing a 19% 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 -529M, showing a 10.3% 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 2.01B, showing a 36% 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 Companhia Siderurgica Nacional ADR with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
