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Income Statement (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Revenue | 374M | 7.3% |
| Gross Profit | 56M | 26.2% |
| Cost of Revenue | 319M | 4.5% |
| Operating expense | 357M | 758.5% |
| Net Income | 8.2M | 602.4% |
Balance Sheet (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Total Assets | 1.55B | 13.1% |
| Total Liabilities | 628M | 39.4% |
| Total Equity | 793M | 0.1% |
| Shares Outstanding | 104M | 11.1% |
Cash Flow (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Cash from operations | -5.1M | 107.5% |
| Cash from financing | 145M | 3452.5% |
EPS
Financial Highlights for Select Energy Services in Q1 '25
Select Energy Services reported a revenue of 374M, which is a 7.3% 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 56M, marking a 26.2% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 319M, a 4.5% 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 357M, showing a 758.5% 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 8.2M, showing a 602.4% 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.
It was a positive quarter for Select Energy Services with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies. A decline in EBITDA signals potential operational challenges or increased costs.
