Similar companies
Income Statement (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Revenue | 6.03B | 0.9% |
| Gross Profit | 2.33B | 3.4% |
| Cost of Revenue | 3.71B | 0.6% |
| Operating expense | 2.31B | 20.1% |
| Net Income | 1.95B | 585.8% |
| EBITDA | 180M | 70.5% |
Balance Sheet (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Total Assets | 36.8B | 1.2% |
| Total Liabilities | 15.5B | 5.5% |
| Total Equity | 21.3B | 6.8% |
| Shares Outstanding | 639M | 1% |
Cash Flow (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Cash from operations | 14M | 98% |
| Cash from financing | 708M | 886.2% |
EPS
Financial Highlights for Block in Q4 '24
Block reported a revenue of 6.03B, which is a 0.9% 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 2.33B, marking a 3.4% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 3.71B, a -0.6% 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 2.31B, showing a 20.1% 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 1.95B, showing a 585.8% 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 180M, showing a -70.5% 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 Block 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.
