Similar companies
Income Statement (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Revenue | 211M | 2.5% |
| Gross Profit | 131M | 1.3% |
| Cost of Revenue | 80M | 4.4% |
| Operating expense | 94M | 1.7% |
| Net Income | 25M | 75.4% |
| EBITDA | 44M | 7% |
Balance Sheet (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Total Assets | 1.11B | 7% |
| Total Liabilities | 985M | 3% |
| Total Equity | 117M | 41.2% |
| Shares Outstanding | 98M | 17.4% |
Cash Flow (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Cash from operations | 98M | 28% |
| Cash from financing | -171M | 150.5% |
EPS
Financial Highlights for Clear Secure in Q1 '25
Clear Secure reported a revenue of 211M, which is a 2.5% 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 131M, marking a 1.3% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 80M, a 4.4% 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 94M, showing a -1.7% 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 25M, showing a -75.4% 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.
The company's EBITDA for the quarter was 44M, 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.
Clear Secure 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.
