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Income Statement (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Revenue | 211M | 30.3% |
| Gross Profit | 211M | 30.3% |
| Operating expense | 214M | 26.7% |
| Net Income | -2.8M | 59.2% |
| EBITDA | 7.4M | 125.5% |
Balance Sheet (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Total Assets | 2.37B | 30.8% |
| Total Liabilities | 1.73B | 42.9% |
| Total Equity | 633M | 6.3% |
| Shares Outstanding | 92M | 2.3% |
Cash Flow (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Cash from operations | -111M | 161.9% |
| Cash from financing | 509M | 1439.6% |
EPS
Financial Highlights for Upstart in Q4 '24
Upstart reported a revenue of 211M, which is a 30.3% 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 211M, marking a 30.3% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Operating Expenses for this period were 214M, showing a 26.7% 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 -2.8M, showing a 59.2% 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 7.4M, showing a 125.5% 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.
It was a positive quarter for Upstart with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
