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Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 543M | 0.4% |
| Gross Profit | 237M | 0.1% |
| Cost of Revenue | 417M | 0.9% |
| Operating expense | 141M | 3.5% |
| Net Income | 76M | 12% |
| EBITDA | 124M | 8.5% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 5B | 3.7% |
| Total Liabilities | 1.72B | 2% |
| Total Equity | 3.28B | 4.6% |
| Shares Outstanding | 48M | 0% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 264M | 310.1% |
| Cash from investing | -9.4M | 25.3% |
| Cash from financing | 33M | 208.7% |
EPS
Financial Highlights for Tyler Technologies in Q3 '24
Tyler Technologies reported a revenue of 543M, which is a 0.4% 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 237M, marking a -0.1% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 417M, a -0.9% 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 141M, showing a -3.5% 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 76M, showing a 12% 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 124M, showing a 8.5% 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.
Tyler Technologies faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income.
