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Income Statement (USD)
Q1 '24 | QoQ | |
---|---|---|
Revenue | 1.92B | 7.3% |
Gross Profit | 1.15B | 10.6% |
Cost of Revenue | 767M | 2.7% |
Operating expense | 285M | 11.8% |
Net Income | 403M | 5.5% |
EBITDA | 904M | 10% |
Balance Sheet (USD)
Q1 '24 | QoQ | |
---|---|---|
Total Assets | 21.6B | 4.3% |
Total Liabilities | 24.6B | 1.7% |
Shares Outstanding | 58M | 0.2% |
Cash Flow (USD)
Q1 '24 | QoQ | |
---|---|---|
Cash from operations | 229M | 64% |
Cash from investing | -121M | 142% |
Cash from financing | 601M | 797% |
EPS
Financial Highlights for TransDigm Group in Q1 '24
TransDigm Group reported a revenue of 1.92B, which is a 7.3% 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 1.15B, marking a 10.6% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 767M, a 2.7% 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 285M, showing a 11.8% 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 403M, showing a 5.5% 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 904M, showing a 10% 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 TransDigm Group with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.