Reported Q: Q3 2024 Rev YoY: N/A EPS YoY: +1,352.6% Move: -2.54%
ClimateRock
CLRCU
$11.50 -2.54%
Exchange NASDAQ Sector Financial Services Industry Shell Companies
Q3 2024
Published: Nov 14, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for CLRCU

Reported

Report Date

Nov 14, 2024

Quarter Q3 2024

Revenue

N/A

YoY: N/A

EPS

0.04

YoY: +1,352.6%

Market Move

-2.54%

Previous quarter: Q2 2024

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Earnings Highlights

  • EPS of $0.04 increased by 1% from previous year
  • Net income of 172.72K
  • ""We have implemented strict cost controls and focused on strategic expenditures that drive sustainable growth."" - Management
CLRCU
ClimateRock

Executive Summary

In Q3 2024, ClimateRock (CLRCU) reported a net income of $172,722, showcasing a substantial increase of 551.09% year-over-year and 168.00% quarter-over-quarter. The impressive growth in net income is attributed to strategic cost management, despite experiencing significant operating expenses and selling and marketing costs. The earnings per share also reflected a remarkable growth of 1,352.63% year-over-year, making it evident that the company's operational strategies are beginning to bear fruit. However, the company continues to navigate challenging market conditions amid high levels of expenditure in marketing and administration, which could impact future profitability.

The challenges of managing costs against growth opportunities remain a focal point for investors. Moving forward, ClimateRock's ability to leverage its strategic positioning within the climate change and renewable energy sector will be pivotal in translating net income growth into sustainable long-term performance.

Key Performance Indicators

Operating Income
Increasing
-196.00K
QoQ: 68.54% | YoY: 40.82%
Net Income
Increasing
172.72K
QoQ: 168.00% | YoY: 551.09%
EPS
Increasing
0.08
QoQ: 169.00% | YoY: 1 352.63%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q1 2025 0.00 -0.14 +0.0% View
Q4 2024 2.86 -0.46 +0.0% View
Q3 2024 0.00 0.04 +0.0% View
Q2 2024 0.00 -0.06 +0.0% View
Q1 2024 0.00 -0.07 +0.0% View