Similar companies
Income Statement (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Revenue | 720,000 | 464.8% |
| Gross Profit | 860,000 | 1059.5% |
| Cost of Revenue | -140,000 | 350% |
| Operating expense | 4.6M | 91.5% |
| Net Income | -3.2M | 62.2% |
| EBITDA | -3.1M | 82.7% |
Balance Sheet (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Total Assets | 21M | 6.8% |
| Total Liabilities | 4.6M | 12.3% |
| Total Equity | 16M | 10.1% |
| Shares Outstanding | 590,000 | 16.6% |
Cash Flow (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Cash from operations | -1.9M | 12.9% |
| Cash from financing | -5,000 | 106.3% |
EPS
Financial Highlights for Verb Technology in Q4 '24
Verb Technology reported a revenue of 720,000, which is a 464.8% 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 860,000, marking a 1059.5% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was -140,000, a -350% 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 4.6M, showing a 91.5% 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 -3.2M, showing a -62.2% 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 -3.1M, showing a -82.7% 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.
Verb Technology faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. Higher operating expenses might indicate increased investments or potential inefficiencies. A decline in EBITDA signals potential operational challenges or increased costs.
