"Our proactive cost control measures have led to a significant reduction in operational overheads, showcasing our commitment to profitability."
— Management Team
03Detailed Report
ARSN
Yuenglings Ice Cream Corporation
Period
Q4 2023
CurrencyUSD
Report TypeQuarterly Earnings
GeneratedJun 24, 2026
Swipe to view all report sections
Executive Summary
In Q4 2023, Yuenglings Ice Cream Corporation achieved a remarkable turnaround with a net income of $134,421, a significant 232.79% increase year-over-year. Despite a cost of revenue reflecting a sustained burden at $56,211, the company demonstrated strong operational management with an operating income of $193,960, marking a 316.81% increase YOY. Management highlighted ongoing efforts to streamline operations and reduce overheads, setting the stage for sustainable profitability going forward. Furthermore, the company is strategically positioning itself in the growing consumer defensive sector, capitalizing on favorable trends in the packaged foods industry.
Key Performance Indicators
Operating Income
Increasing
193.96K
QoQ: 212.14% | YoY: 316.81%
Net Income
Increasing
134.42K
QoQ: 154.02% | YoY: 232.79%
EPS
Increasing
0.00
QoQ: 233.33% | YoY: 119.51%
Revenue Trend
Margin Analysis
Financial Highlights
Revenue Analysis: Q4 2023 saw Yuenglings report no revenue, but an impressive operating income at $193,960 indicates a robust operational turnaround when compared to earlier quarters. The operating income grew 316.81% YOY and 212.14% QOQ, indicating improved cost management and efficiency.
Profitability Metrics: The net income for the quarter was $134,421, showing a solid progression from negative net income in prior quarters, illustrating a more robust footing for the company. The EPS rose to $0.0016, a 119.51% increase from last year and a 233.33% increase from Q3 2023.
Balance Sheet and Cash Flow: The company's total liabilities at $1,657,188 significantly exceed total assets of $20. Cash flow remains a concern with a negative cash net change of $943, asserting an ongoing need to improve cash generation. However, an operating cash flow of -$27,353 indicates improvements in operational efficiency but still requires scrutiny.
Overall, key metrics indicate that while revenue generation is currently stunted, profitability and operational metrics have made significant gains, suggesting a rebound with prudent management and strategic positioning in the market.
Income Statement
Metric
Value
YoY Change
QoQ Change
Gross Profit
-56.21K
N/A
-0.04%
Operating Income
193.96K
316.81%
212.14%
Net Income
134.42K
232.79%
154.02%
EPS
0.00
119.51%
233.33%
Key Financial Ratios
Management Insights Available for Members
Get exclusive access to management commentary, earnings call quotes, and forward guidance from company leadership.