Abits Gross Profit from 2010 to 2024

ABTS Stock

0.62 0.03 5.08%

Abits Gross Profit yearly trend continues to be comparatively stable with very little volatility. Gross Profit is likely to outpace its year average in 2024. Gross Profit is the profit Abits Group makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals

Gross Profit

First Reported

2010-12-31

Previous Quarter

789.6 K

Current Value

829.1 K

Quarterly Volatility

287.7 K

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Yuan Drop

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Check Abits financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Abits' main balance sheet or income statement drivers, such as Tax Provision of 0.0, Interest Income of 8.4 K or Total Revenue of 1.8 M, as well as many indicators such as Price To Sales Ratio of 24.91, Dividend Yield of 0.0 or PTB Ratio of 4.09. Abits financial statements analysis is a perfect complement when working with Abits Valuation or Volatility modules.

Check out the analysis of Abits Correlation against competitors.

Latest Abits' Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Abits Group over the last few years. Gross profit is a required income statement account that reflects total revenue of Abits Group minus its cost of goods sold. It is profit before Abits operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Abits' Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Abits' overall financial position and show how it may be relating to other accounts over time.

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Last Reported 0

10 Years Trend

Pretty Stable

Compare to Others All Fundamentals

Gross Profit

Timeline

Abits Gross Profit Regression Statistics

	Arithmetic Mean	412,784
	Coefficient Of Variation	69.71
	Mean Deviation	176,910
	Median	370,411
	Standard Deviation	287,739
	Sample Variance	82.8B
	Range	1.2M
	R-Value	0.20
	Mean Square Error	85.8B
	R-Squared	0.04
	Significance	0.49
	Slope	12,548
	Total Sum of Squares	1.2T

Abits Gross Profit History

	2024	829.1 K
	2023	789.6 K
	2022	-296.9 K
	2021	219.3 K
	2020	946.5 K

Other Fundumenentals of Abits Group

Gross Profit Margin

Abits Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Net Invested Capital	Capital Stock	Net Working Capital	Intangible Assets
Total Assets		1.0	-0.83	-0.75	-0.24	-0.9	-0.71	0.73	-0.71	0.87	1.0	0.88	0.89	-0.05
Total Stockholder Equity	1.0		-0.84	-0.75	-0.27	-0.92	-0.73	0.71	-0.73	0.87	1.0	0.89	0.89	-0.07
Net Debt	-0.83	-0.84		0.53	0.58	0.87	0.69	-0.62	0.69	-0.64	-0.83	-0.71	-0.82	-0.02
Retained Earnings	-0.75	-0.75	0.53		0.47	0.82	0.77	-0.26	0.77	-0.89	-0.79	-0.92	-0.38	0.69
Net Receivables	-0.24	-0.27	0.58	0.47		0.56	0.6	0.24	0.6	-0.42	-0.27	-0.51	-0.03	0.59
Total Liab	-0.9	-0.92	0.87	0.82	0.56		0.93	-0.49	0.93	-0.87	-0.92	-0.91	-0.73	0.3
Short Long Term Debt	-0.71	-0.73	0.69	0.77	0.6	0.93		-0.23	1.0	-0.77	-0.73	-0.82	-0.48	0.45
Total Current Assets	0.73	0.71	-0.62	-0.26	0.24	-0.49	-0.23		-0.23	0.31	0.72	0.33	0.88	0.47
Short Term Debt	-0.71	-0.73	0.69	0.77	0.6	0.93	1.0	-0.23		-0.77	-0.73	-0.82	-0.48	0.45
Common Stock	0.87	0.87	-0.64	-0.89	-0.42	-0.87	-0.77	0.31	-0.77		0.87	0.99	0.58	-0.44
Net Invested Capital	1.0	1.0	-0.83	-0.79	-0.27	-0.92	-0.73	0.72	-0.73	0.87		0.89	0.87	-0.11
Capital Stock	0.88	0.89	-0.71	-0.92	-0.51	-0.91	-0.82	0.33	-0.82	0.99	0.89		0.59	-0.47
Net Working Capital	0.89	0.89	-0.82	-0.38	-0.03	-0.73	-0.48	0.88	-0.48	0.58	0.87	0.59		0.39
Intangible Assets	-0.05	-0.07	-0.02	0.69	0.59	0.3	0.45	0.47	0.45	-0.44	-0.11	-0.47	0.39

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About Abits Financial Statements

Abits shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Abits investors may analyze each financial statement separately, they are all interrelated. The changes in Abits' assets and liabilities, for example, are also reflected in the revenues and expenses on on Abits' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Gross Profit	789.6 K	829.1 K
Gross Profit Margin	0.47	0.49

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Additional Tools for Abits Stock Analysis

When running Abits' price analysis, check to measure Abits' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Abits is operating at the current time. Most of Abits' value examination focuses on studying past and present price action to predict the probability of Abits' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Abits' price. Additionally, you may evaluate how the addition of Abits to your portfolios can decrease your overall portfolio volatility.

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