Similar companies
Income Statement (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Revenue | 637M | 0% |
| Gross Profit | 367M | 3.3% |
| Cost of Revenue | 270M | 4.9% |
| Operating expense | 209M | 5.6% |
| Net Income | 72M | 11.9% |
| EBITDA | 235M | 7% |
Balance Sheet (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Total Assets | 14B | 4.8% |
| Total Liabilities | 13.2B | 11.2% |
| Total Equity | 810M | 45.6% |
| Shares Outstanding | 39M | 1% |
Cash Flow (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Cash from operations | -482M | 175.4% |
| Cash from financing | 318M | 245.3% |
EPS
Financial Highlights for WEX in Q1 '25
WEX reported a revenue of 637M, which is a 0% 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 367M, marking a -3.3% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 270M, a 4.9% 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 209M, showing a -5.6% 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 72M, showing a 11.9% 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 235M, showing a 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.
WEX faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. An increase in the cost of revenue, higher than the revenue growth, suggests potential margin pressures.
