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Stock impact report

Clip Money Inc. Reports Third Quarter 2024 Results, Record Revenue Growth [Yahoo! Finance]

NCR Atleos Corporation (NATL) 
Company Research Source: Yahoo! Finance
Q3 2024 revenue was up 34% quarter-over-quarter compared to the second quarter of 2024. For the month of September 2024, revenue was $212,103 compared to $163,101 for the month of August 2024, representing 30% month-over-month growth." (Source: Clip Money Inc. press release Operating expenses for Q3 2024 were $1,597,181, compared to $1,312,209 in Q3 2023, which represents a 22% year-over-year increase. Q3 2024 operating expenses were 7% lower quarter-over-quarter compared to Q2 2024. Operating expenses in Q3 2024, excluding depreciation and amortization, were $1,104,373." (Source: Clip Money Inc. press release YoY revenue growth for Q3 2024 was driven by a 101% increase in new deposit users, and a 65% increase in average deposit revenue per user. Deposit revenue growth was further supplemented by scaling new products, namely revenue from Change Orders and ATMs. New product revenue represented 14% of total revenue in Q3 2024 compared to 3% in Q3 2023." (Source: Clip Money Inc. pres Show less Read more
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