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Income Statement (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Revenue | 304M | 0.8% |
| Gross Profit | 304M | 1.2% |
| Operating expense | 286M | 66.4% |
| Net Income | 14M | 60.7% |
| EBITDA | 22M | 83.3% |
Balance Sheet (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Total Assets | 3.73B | 3.6% |
| Total Liabilities | 2.94B | 4.8% |
| Total Equity | 794M | 0.4% |
| Shares Outstanding | 41M | 0% |
Cash Flow (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Cash from operations | 22M | 87% |
| Cash from financing | 1,000 | 100% |
EPS
Financial Highlights for Skyward Specialty Insurance in Q4 '24
Skyward Specialty Insurance reported a revenue of 304M, which is a 0.8% 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 304M, marking a 1.2% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Operating Expenses for this period were 286M, showing a 66.4% 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 14M, showing a -60.7% 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 22M, showing a -83.3% 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.
Skyward Specialty Insurance 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.
