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Income Statement (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 2.77B | 43.1% |
| Gross Profit | 1.31B | 150.4% |
| Cost of Revenue | 1.46B | 3.4% |
| Operating expense | 71M | 26.1% |
| Net Income | 1.12B | 202.9% |
| EBITDA | 1.55B | 107.1% |
Balance Sheet (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 11B | 13.5% |
| Total Liabilities | 7.09B | 4% |
| Total Equity | 3.93B | 35.9% |
| Shares Outstanding | 120M | 0% |
Cash Flow (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 1.5B | 0% |
| Cash from financing | -697M | 0% |
EPS
Financial Highlights for Zim in Q3 '24
Zim reported a revenue of 2.77B, which is a 43.1% 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 1.31B, marking a 150.4% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 1.46B, a 3.4% 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 71M, showing a 26.1% 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 1.12B, showing a 202.9% 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 1.55B, showing a 107.1% 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 Zim with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
