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Asset logo for symbol CHGG
Chegg
CHGG49
$1.47arrow_drop_down0.68%-$0.01
Penny Stock
Asset logo for symbol CHGG
CHGG49

$1.47

arrow_drop_down0.68%

Income Statement (CHGG)

itemSep 2024Jun 2024Mar 2024Dec 2023Sep 2023
EBIT-$214.70M-$477.88M$8.28M$51.52M-$74.29M
EBITDA-$195.13M-$458.18M$27.97M$72.30M-$17.37M
gross Profit$93.17M$117.73M$127.85M$142.18M$74.27M
NET Income-$212.63M-$616.88M-$1.42M$9.66M-$18.28M
total Revenue$136.59M$163.14M$174.35M$187.98M$157.85M

Balance Sheet (CHGG)

itemSep 2024Jun 2024Mar 2024Dec 2023Sep 2023
cash Equivalents-----
net Debt$473.05M$483.44M$473.09M$482.14M$524.40M
stockholders Equity$184.98M$365.50M$963.47M$944.61M$1.03B
total Assets$1.00B$1.11B$1.73B$1.72B$1.80B
total Debt$625.12M$616.51M$616.83M$617.90M$618.82M
total Liabilities$817.69M$748.83M$769.17M$782.61M$771.29M

Cash Flow (CHGG)

itemSep 2024Jun 2024Mar 2024Dec 2023Sep 2023
financing Cash Flow-$822.00K-$1.34M-$4.29M-$149.96M-$138.98M
free Cash Flow$23.69M-$3.57M$25.30M$51.73M$9.37M
investing Cash Flow----$25.78M
operating Cash Flow$39.53M$14.22M$53.31M$77.48M$32.80M

Chegg (CHGG) Financials

Chegg Inc (CHGG) is a leading provider of online educational services, offering a wide range of resources and tools to help students succeed academically. The company's financials reflect its strong performance and steady growth over the years. The income statement provides a snapshot of the company's revenue, expenses, and profit for a specific period. Chegg Inc (CHGG) has consistently recorded impressive revenue figures, showcasing its ability to generate income through its various offerings.
The EBIT (Earnings Before Interest and Taxes) and EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) figures further highlight Chegg Inc (CHGG)'s profitability. Both metrics indicate the company's ability to generate operating profit before accounting for interest, taxes, and non-cash expenses. Notably, Chegg Inc (CHGG) has maintained a healthy gross profit margin, reflecting its ability to efficiently produce goods and services.
In terms of net income from stockholders, Chegg Inc (CHGG) has consistently delivered positive results, demonstrating its commitment to maximizing shareholder value. The company's total revenue, a key indicator of its overall financial performance, has shown steady growth over the years. With a strong balance sheet, Chegg Inc (CHGG) has built a solid foundation to support its future growth and expansion.
When examining the balance sheet, it becomes evident that Chegg Inc (CHGG) has a substantial amount of cash equivalents at its disposal. This liquidity positions the company well, allowing it to meet its short-term obligations and invest in growth opportunities. Chegg Inc (CHGG) also maintains a favorable net debt position, indicating that its total debt is lower than its cash and cash equivalents.
With a robust stockholders' equity, Chegg Inc (CHGG) stands on a solid financial footing. The company's total assets have steadily increased, reflecting its continued investments in infrastructure, technology, and intellectual property. Similarly, total debt and liabilities are manageable, demonstrating Chegg Inc (CHGG)'s ability to meet its financial obligations.
The cash flow statement provides insights into the sources and uses of cash by the company. Chegg Inc (CHGG) has a positive operating cash flow, a key metric indicating its ability to generate cash from its core operations. The financing cash flow reflects the company's activities related to raising capital or paying dividends, while the investing cash flow shows the company's investments in acquisitions, capital expenditures, and other long-term assets.
Lastly, Chegg Inc (CHGG) generates healthy free cash flow, which represents the cash available after deducting capital expenditures from operating cash flow. This metric demonstrates the company's ability to invest in growth initiatives while also returning value to its shareholders. Overall, Chegg Inc (CHGG) has a strong financial position, reflecting its success as a leading provider of educational services.
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