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Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 476M | 12.8% |
| Gross Profit | 170M | 1.7% |
| Cost of Revenue | 382M | 14.1% |
| Operating expense | 73M | 4.9% |
| Net Income | 92M | 101.1% |
| EBITDA | 70M | 39.9% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 2.44B | 2.7% |
| Total Liabilities | 2.25B | 0.7% |
| Total Equity | 186M | 74.3% |
| Shares Outstanding | 129M | 0.3% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 101M | 34% |
| Cash from investing | -25M | 64.5% |
| Cash from financing | -74M | 83% |
EPS
Financial Highlights for Valvoline in Q3 '24
Valvoline reported a revenue of 476M, which is a 12.8% 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 170M, marking a 1.7% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 382M, a 14.1% 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 73M, showing a -4.9% 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 92M, showing a 101.1% 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 70M, showing a -39.9% 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 Valvoline 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. A decline in EBITDA signals potential operational challenges or increased costs.
