TSLA
Tesla
-- 278.390 NVDA
NVIDIA
-- 121.410 AMD
Advanced Micro Devices
-- 113.850 PLTR
Palantir
-- 96.750 MLGO
MicroAlgo
-- 13.990 
How SoFi Make 60Million Q3.2024
✨ Total Revenue: $697.1M (+29.8% YoY)
Net Profit: $60.7M (Turned profitable from a $266.7M loss in Q3 2023)
Key Revenue Drivers:
Interest Income: $723.4M from loans and deposits
Non-Interest Income: $266.1M from loan fees, servicing, and tech platforms
Operational Investments:
Operating Expenses: $633.3M focused on technology, marketing, and scaling operations
💡 Growth Opportunities:
Continued member growth and platform adoption (Galileo, Technisys)
Diversified income streams with strong gains from loan originations and servicing
⚠️ Challenges:
Managing high operating expenses and cash flow pressure
Dependency on fair value adjustments for profitability
SoFi is on a mission to redefine personal finance with innovative services and growing profitability. Despite challenges, its strong revenue growth and profitability mark a significant milestone!
#SoFi #Q32024 #FinancialGrowth #InnovationInFinance #Investing
Net Profit: $60.7M (Turned profitable from a $266.7M loss in Q3 2023)
Key Revenue Drivers:
Interest Income: $723.4M from loans and deposits
Non-Interest Income: $266.1M from loan fees, servicing, and tech platforms
Operational Investments:
Operating Expenses: $633.3M focused on technology, marketing, and scaling operations
💡 Growth Opportunities:
Continued member growth and platform adoption (Galileo, Technisys)
Diversified income streams with strong gains from loan originations and servicing
⚠️ Challenges:
Managing high operating expenses and cash flow pressure
Dependency on fair value adjustments for profitability
SoFi is on a mission to redefine personal finance with innovative services and growing profitability. Despite challenges, its strong revenue growth and profitability mark a significant milestone!
#SoFi #Q32024 #FinancialGrowth #InnovationInFinance #Investing
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