OPTiM Corporation
OPTiM Corporation (OTPMF) Financial Performance & Income Statement Overview
Explore the financials of OPTiM Corporation (OTPMF), including yearly and quarterly data on income, cash flow, and balance sheets.
OPTiM Corporation (OTPMF) Income Statement & Financial Overview
Access detailed annual and quarterly income data for OPTiM Corporation OTPMF financial performance.
| Metric | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 |
|---|---|---|---|---|
| Revenue | $2.32B | $2.53B | $1.99B | $2.95B |
| Cost of Revenue | $1.24B | $1.21B | $908.00M | $1.26B |
| Gross Profit | $1.08B | $1.31B | $1.08B | $1.69B |
| Gross Profit Ratio | $0.47 | $0.52 | $0.54 | $0.57 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $126.36M |
| SG&A Expenses | $780.17M | $773.00M | $828.00M | $609.51M |
| Operating Expenses | $780.17M | $773.00M | $828.00M | $735.87M |
| Total Costs & Expenses | $2.02B | $1.99B | $1.74B | $2.00B |
| Interest Income | $0.00 | $0.00 | $0.00 | $3000.00 |
| Interest Expense | $0.00 | $0.00 | $428000.00 | $712000.00 |
| Depreciation & Amortization | $285.49M | $255.50M | $207.25M | $166.93M |
| EBITDA | $586.004M | $797.50M | $459.25M | $1.09B |
| EBITDA Ratio | $0.25 | $0.32 | $0.23 | $0.32 |
| Operating Income | $300.52M | $542.00M | $252.00M | $952.65M |
| Operating Income Ratio | $0.13 | $0.21 | $0.13 | $0.32 |
| Other Income/Expenses (Net) | -$25.89M | -$71.00M | -$58.00M | -$32.38M |
| Income Before Tax | $274.62M | $471.00M | $194.00M | $920.27M |
| Income Before Tax Ratio | $0.12 | $0.19 | $0.10 | $0.31 |
| Income Tax Expense | $119.86M | $181.00M | $101.00M | $356.69M |
| Net Income | $154.76M | $290.00M | $93.77M | $563.25M |
| Net Income Ratio | $0.07 | $0.11 | $0.05 | $0.19 |
| EPS | $2.80 | $5.22 | $1.69 | $10.23 |
| Diluted EPS | $2.80 | $5.22 | $1.69 | $10.16 |
| Weighted Avg Shares Outstanding | $55.28M | $55.51M | $55.36M | $55.05M |
| Weighted Avg Shares Outstanding (Diluted) | $55.28M | $55.60M | $55.49M | $55.43M |
The company's financials show resilient growth, with revenue advancing from $2.95B in Q4 2023 to $2.32B in Q3 2024. Gross profit remained healthy with margins at 47% in Q3 2024 compared to 57% in Q4 2023. Operating income hit $300.52M last quarter, sustaining a consistent 13% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $586.004M. Net income dropped to $154.76M, while earnings per share reached $2.80. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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