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Income Statement (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 5.04B | 2.9% |
| Gross Profit | 3.17B | 324.3% |
| Cost of Revenue | 1.87B | 55% |
| Operating expense | 2.39B | 129.6% |
| Net Income | 280M | 22.8% |
| EBITDA | 1.62B | 6% |
Balance Sheet (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 57B | 0.6% |
| Total Liabilities | 40.1B | 0.5% |
| Total Equity | 15.8B | 0.2% |
| Shares Outstanding | 1.49B | 0% |
Cash Flow (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 1.43B | 3.2% |
| Cash from financing | -763M | 44.3% |
EPS
Financial Highlights for Telus in Q3 '24
Telus reported a revenue of 5.04B, which is a 2.9% 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 3.17B, marking a 324.3% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 1.87B, a -55% 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 2.39B, showing a 129.6% 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 280M, showing a 22.8% 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 1.62B, showing a -6% 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 Telus 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.
