Similar companies
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Gross Profit | -16M | 6.2% |
| Cost of Revenue | 16M | 6.2% |
| Operating expense | 65M | 8.9% |
| Net Income | -64M | 10.2% |
| EBITDA | -64M | 9% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 179M | 21% |
| Total Liabilities | 100M | 7.2% |
| Total Equity | 79M | 40.7% |
| Shares Outstanding | 80M | 0.1% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | -52M | 6.6% |
| Cash from investing | 35M | 30.3% |
| Cash from financing | 170,000 | 603% |
EPS
Financial Highlights for Scholar Rock in Q3 '24
Gross Profit stood at -16M, marking a 6.2% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 16M, a -6.2% 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 65M, showing a 8.9% 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 -64M, showing a -10.2% 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 -64M, showing a -9% 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.
Scholar Rock 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.
