Adcore Financial Statements From 2010 to 2024

ADCO Stock  CAD 0.18  0.01  5.88%   
Adcore financial statements provide useful quarterly and yearly information to potential Adcore Inc investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Adcore financial statements helps investors assess Adcore's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Adcore's valuation are summarized below:
Gross Profit
8.5 M
Profit Margin
(0.04)
Market Capitalization
10.5 M
Enterprise Value Revenue
0.1539
Revenue
22.7 M
We have found one hundred twenty available fundamental signals for Adcore Inc, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to validate Adcore's prevailing fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 30th of November 2024, Market Cap is likely to grow to about 15.7 M, while Enterprise Value is likely to drop about 1.8 M.

Adcore Total Revenue

17.16 Million

Check Adcore financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Adcore's main balance sheet or income statement drivers, such as Depreciation And Amortization of 494.5 K, Interest Expense of 4 M or Selling General Administrative of 3.7 M, as well as many indicators such as Price To Sales Ratio of 0.33, Dividend Yield of 0.14 or PTB Ratio of 0.95. Adcore financial statements analysis is a perfect complement when working with Adcore Valuation or Volatility modules.
  
This module can also supplement various Adcore Technical models . Check out the analysis of Adcore Correlation against competitors.

Adcore Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets10.7 M14.4 M5.3 M
Slightly volatile
Short and Long Term Debt Total275.4 K216.2 K147.9 K
Slightly volatile
Total Current Liabilities3.3 M5.4 M1.6 M
Slightly volatile
Other Liabilities377.9 K193.2 K234.7 K
Slightly volatile
Property Plant And Equipment Net352 K200 K229.7 K
Slightly volatile
Accounts Payable2.4 M3.8 M1.6 M
Slightly volatile
Cash5.9 M6.1 M2.9 M
Slightly volatile
Non Current Assets Total2.4 M3.3 M1.5 M
Slightly volatile
Cash And Short Term Investments5.9 M6.1 M2.9 M
Slightly volatile
Net Receivables3.1 MM1.9 M
Slightly volatile
Common Stock Shares Outstanding53.1 M60.3 M44.9 M
Slightly volatile
Liabilities And Stockholders Equity10.7 M14.4 M5.3 M
Slightly volatile
Other Current Assets266 K415 K153.4 K
Slightly volatile
Other Stockholder Equity6.3 M10.2 M3.1 M
Slightly volatile
Total Liabilities3.7 M5.6 M1.8 M
Slightly volatile
Net Invested CapitalM8.9 M3.5 M
Slightly volatile
Short and Long Term Debt31.8 K35.8 K39 K
Slightly volatile
Total Current Assets8.7 M11.1 M4.3 M
Slightly volatile
Intangible AssetsM3.1 M1.3 M
Slightly volatile
Property Plant Equipment374 K502.6 K251.4 K
Slightly volatile
Capital Surpluse6.8 M12.3 M3.7 M
Slightly volatile
Cash And Equivalents6.8 M7.5 M3.6 M
Slightly volatile
Property Plant And Equipment Gross1.1 M1.3 M756.9 K
Slightly volatile

Adcore Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization494.5 K775 K256.8 K
Slightly volatile
Selling General Administrative3.7 M5.5 M2.3 M
Slightly volatile
Selling And Marketing Expenses1.8 M2.9 M4.3 M
Slightly volatile
Total Revenue17.2 M23.1 M13.1 M
Slightly volatile
Gross Profit7.9 M9.4 M8.4 M
Slightly volatile
Other Operating Expenses16.5 M23.5 M12.3 M
Slightly volatile
Research Development1.1 M1.2 M848.9 K
Slightly volatile
Cost Of Revenue9.9 M13.7 MM
Slightly volatile
Total Operating Expenses7.3 M9.9 M7.6 M
Pretty Stable
Interest Income39.9 K42 K364.1 K
Slightly volatile
Reconciled Depreciation679.1 K775 K433.5 K
Slightly volatile

Adcore Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation168.2 K177 K281 K
Slightly volatile
Begin Period Cash FlowM6.5 M2.9 M
Slightly volatile
Depreciation494.5 K775 K256.8 K
Slightly volatile
Dividends Paid1.6 M2.1 M1.2 M
Slightly volatile
Capital Expenditures712.6 K995 K364.3 K
Slightly volatile
End Period Cash FlowM6.1 M3.4 M
Slightly volatile
Change To Netincome84.6 K89.1 K231.9 K
Very volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.330.34615.2989
Very volatile
Dividend Yield0.140.150.1472
Slightly volatile
Days Sales Outstanding49.4679.377364.6217
Pretty Stable
Stock Based Compensation To Revenue0.00730.00774.9064
Very volatile
Capex To Depreciation1.131.28391.2142
Slightly volatile
Payables Turnover5.293.63052.7861
Slightly volatile
Sales General And Administrative To Revenue0.230.23741.9592
Very volatile
Research And Ddevelopement To Revenue0.05050.05324.9079
Very volatile
Capex To Revenue0.04090.0430.3225
Very volatile
Cash Per Share0.09830.10350.1578
Pretty Stable
Interest Coverage0.360.3818.2021
Slightly volatile
Days Payables Outstanding95.51101521
Slightly volatile
Intangibles To Total Assets0.20.21429.7339
Slightly volatile
Current Ratio1.962.06138.5414
Very volatile
Receivables Turnover7.354.59835.9449
Slightly volatile
Graham Number0.220.23270.2359
Pretty Stable
Capex Per Share0.01260.01690.0086
Slightly volatile
Graham Net Net0.06960.07330.1368
Pretty Stable
Revenue Per Share0.220.39210.2602
Pretty Stable
Interest Debt Per Share0.04990.04750.0112
Slightly volatile
Debt To Assets0.0160.01690.5405
Slightly volatile
Enterprise Value Over EBITDA5.025.279214.0394
Very volatile
Short Term Coverage Ratios19.0721.4623.3655
Slightly volatile
Days Of Payables Outstanding95.51101521
Slightly volatile
Long Term Debt To Capitalization0.02110.02380.0259
Slightly volatile
Total Debt To Capitalization0.02890.03040.5461
Slightly volatile
Quick Ratio1.962.061319.206
Pretty Stable
Cash Ratio1.071.13018.0616
Very volatile
Days Of Sales Outstanding49.4679.377364.6217
Pretty Stable
Cash Flow Coverage Ratios21.3526.5925.7587
Slightly volatile
Fixed Asset Turnover12111671.2541
Very volatile
Enterprise Value Multiple5.025.279214.0394
Very volatile
Debt Ratio0.0160.01690.5405
Slightly volatile
Cash Flow To Debt Ratio21.3526.5925.7587
Slightly volatile
Price Sales Ratio0.330.34615.2989
Very volatile
Asset Turnover1.521.6034136
Slightly volatile

Adcore Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap15.7 MM18.9 M
Very volatile

Adcore Fundamental Market Drivers

Cash And Short Term Investments6.1 M

About Adcore Financial Statements

Adcore investors utilize fundamental indicators, such as revenue or net income, to predict how Adcore Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue1.1 M1.2 M
Total Revenue23.1 M17.2 M
Cost Of Revenue13.7 M9.9 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.24  0.23 
Research And Ddevelopement To Revenue 0.05  0.05 
Capex To Revenue 0.04  0.04 
Revenue Per Share 0.39  0.22 
Ebit Per Revenue(0.02)(0.02)

Pair Trading with Adcore

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Adcore position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Adcore will appreciate offsetting losses from the drop in the long position's value.

Moving against Adcore Stock

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The ability to find closely correlated positions to Adcore could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Adcore when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Adcore - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Adcore Inc to buy it.
The correlation of Adcore is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Adcore moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Adcore Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Adcore can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Adcore Stock

Adcore financial ratios help investors to determine whether Adcore Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Adcore with respect to the benefits of owning Adcore security.