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Income Statement (NONE)
| Q1 '24 | QoQ | |
|---|---|---|
| Operating expense | 2,400 | 41.6% |
| Net Income | -2,500 | 41.7% |
| EBITDA | -1,500 | 18.3% |
Balance Sheet (NONE)
| Q1 '24 | QoQ | |
|---|---|---|
| Total Assets | 3,800 | 0% |
| Total Liabilities | 27,000 | 0% |
| Shares Outstanding | 3.1M | 31.1% |
Cash Flow (NONE)
| Q1 '24 | QoQ | |
|---|---|---|
| Cash from operations | -760 | 57.1% |
| Cash from financing | 600 | 75.7% |
EPS
Financial Highlights for Zapp Electric Vehicles in Q1 '24
Operating Expenses for this period were 2,400, showing a -41.6% 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 -2,500, showing a 41.7% 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 -1,500, showing a 18.3% 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.
The company's performance remained stable this quarter with no significant positive or negative changes in the key financial metrics.
