Similar companies
Company | Revenue | |
---|---|---|
HealthequityHQY |
301M 0.2% |
Income Statement (USD)
Q4 '24 | QoQ | |
---|---|---|
Revenue | 699M | 3.4% |
Gross Profit | 525M | 3.8% |
Cost of Revenue | 349M | 3.6% |
Operating expense | 343M | 1.2% |
Net Income | 186M | 8.6% |
EBITDA | 185M | 8.7% |
Balance Sheet (USD)
Q4 '24 | QoQ | |
---|---|---|
Total Assets | 6.45B | 1.9% |
Total Liabilities | 951M | 17% |
Total Equity | 5.5B | 6.1% |
Shares Outstanding | 162M | 0.2% |
Cash Flow (USD)
Q4 '24 | QoQ |
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EPS
Financial Highlights for Veeva Systems in Q4 '24
Veeva Systems reported a revenue of 699M, which is a 3.4% 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 525M, marking a 3.8% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 349M, a 3.6% 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 343M, showing a 1.2% 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 186M, showing a 8.6% 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 185M, showing a 8.7% 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 Veeva Systems with growth in revenue, gross profit, and net income. An increase in the cost of revenue, higher than the revenue growth, suggests potential margin pressures. Higher operating expenses might indicate increased investments or potential inefficiencies.