Similar companies
Income Statement (CAD)
| Q2 '24 | QoQ | |
|---|---|---|
| Revenue | 4.9B | 0.7% |
| Gross Profit | 748M | 4.8% |
| Cost of Revenue | 4.15B | 1.8% |
| Operating expense | 1.08B | 57.5% |
| Net Income | 228M | 79.5% |
| EBITDA | 1.72B | 4% |
Balance Sheet (CAD)
| Q2 '24 | QoQ | |
|---|---|---|
| Total Assets | 57.3B | 0.5% |
| Total Liabilities | 40.3B | 0.3% |
| Total Equity | 15.8B | 1.2% |
| Shares Outstanding | 1.49B | 0.5% |
Cash Flow (CAD)
| Q2 '24 | QoQ | |
|---|---|---|
| Cash from operations | 1.39B | 46.1% |
| Cash from financing | -1.37B | 202.1% |
EPS
Financial Highlights for Telus in Q2 '24
Telus reported a revenue of 4.9B, which is a 0.7% 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 748M, marking a -4.8% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 4.15B, a 1.8% 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 1.08B, showing a -57.5% 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 228M, showing a 79.5% 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 1.72B, showing a -4% 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.
Telus faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. An increase in the cost of revenue, higher than the revenue growth, suggests potential margin pressures. A decline in EBITDA signals potential operational challenges or increased costs.
