Financial Metrics Overview
- Revenue: $5,031,038, up 39.63% YoY and 5.52% QoQ.
- Gross Profit: $2,454,487 with a gross profit margin of 48.79%, indicating stable cost management and pricing power.
- Operating Income: $238,300, reflecting a staggering 318.08% increase YoY, indicative of improved operational effectiveness.
- Net Income: Reached $330,837, equating to a net income margin of 6.58%, a significant improvement from prior periods.
- Earnings Per Share (EPS): Diluted EPS increased to $0.021, up 517.65% YoY.
Cash Flow and Balance Sheet Health
- Total Assets: $23,554,456, supported by cash and short-term investments totaling $12,151,490.
- Cash Flow from Operating Activities: $327,964, showcasing strong cash generation capabilities.
- Current Ratio: 2.87, indicating healthy liquidity and ability to cover short-term liabilities.
- Debt Levels: Zero long-term debt, underscoring a robust balance sheet position.