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Income Statement (USD)
Q2 '24 | QoQ | |
---|---|---|
Revenue | 3.3M | 18.3% |
Gross Profit | 710,000 | 25.3% |
Cost of Revenue | 2.6M | 16.5% |
Operating expense | 1.2M | 17.4% |
Net Income | -1.1M | 26.1% |
EBITDA | -770,000 | 50.7% |
Balance Sheet (USD)
Q2 '24 | QoQ | |
---|---|---|
Total Assets | 17M | 34.7% |
Total Liabilities | 16M | 50.8% |
Total Equity | 740,000 | 60% |
Shares Outstanding | 1.3M | 0% |
Cash Flow (USD)
Q2 '24 | QoQ | |
---|---|---|
Cash from operations | 990,000 | 366.5% |
Cash from investing | -1.8M | 416.5% |
Cash from financing | 690,000 | 10% |
EPS
Financial Highlights for Yoshiharu Global Co. in Q2 '24
Yoshiharu Global Co. reported a revenue of 3.3M, which is a 18.3% 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 710,000, marking a 25.3% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 2.6M, a 16.5% 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 1.2M, showing a 17.4% 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 -1.1M, showing a -26.1% 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 -770,000, showing a -50.7% 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.
Yoshiharu Global Co. 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.