First Net Income from 2010 to 2024

AG Stock  USD 6.31  0.13  2.02%   
First Majestic's Net Loss is decreasing over the last several years with slightly volatile swings. Net Loss is estimated to finish at about -128.4 M this year. During the period from 2010 to 2024 First Majestic Silver Net Loss regressed destribution of quarterly values had mean deviationof  65,986,997 and mean square error of 5218.5 T. View All Fundamentals
 
Net Loss  
First Reported
2001-09-30
Previous Quarter
-48.3 M
Current Value
-26.6 M
Quarterly Volatility
31.3 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check First Majestic financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Majestic's main balance sheet or income statement drivers, such as Depreciation And Amortization of 132.5 M, Interest Expense of 16 M or Selling General Administrative of 52.9 M, as well as many indicators such as Price To Sales Ratio of 2.86, Dividend Yield of 0.0021 or PTB Ratio of 1.35. First financial statements analysis is a perfect complement when working with First Majestic Valuation or Volatility modules.
  
Check out the analysis of First Majestic Correlation against competitors.

Latest First Majestic's Net Income Growth Pattern

Below is the plot of the Net Income of First Majestic Silver over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in First Majestic Silver financial statement analysis. It represents the amount of money remaining after all of First Majestic Silver operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is First Majestic's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Majestic's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported (137.59 M)10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

First Net Income Regression Statistics

Arithmetic Mean(44,307,132)
Coefficient Of Variation(191.47)
Mean Deviation65,986,997
Median(40,474,000)
Standard Deviation84,834,607
Sample Variance7196.9T
Range307.7M
R-Value(0.57)
Mean Square Error5218.5T
R-Squared0.33
Significance0.03
Slope(10,842,521)
Total Sum of Squares100756.7T

First Net Income History

2024-128.4 M
2023-135.1 M
2022-114.3 M
2021-4.9 M
202023.1 M
2019-40.5 M
2018-204.2 M

Other Fundumenentals of First Majestic Silver

First Majestic Net Income component correlations

About First Majestic Financial Statements

First Majestic stakeholders use historical fundamental indicators, such as First Majestic's Net Income, to determine how well the company is positioned to perform in the future. Although First Majestic investors may analyze each financial statement separately, they are all interrelated. For example, changes in First Majestic's assets and liabilities are reflected in the revenues and expenses on First Majestic's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in First Majestic Silver. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Loss-137.6 M-130.7 M
Net Loss-162.2 M-154.1 M
Net Loss-102.8 M-97.7 M
Net Loss(0.48)(0.45)
Net Income Per E B T 0.69  0.83 

Currently Active Assets on Macroaxis

Check out the analysis of First Majestic Correlation against competitors.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Majestic. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Majestic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.359
Dividend Share
0.018
Earnings Share
(0.26)
Revenue Per Share
1.8
Quarterly Revenue Growth
0.097
The market value of First Majestic Silver is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Majestic's value that differs from its market value or its book value, called intrinsic value, which is First Majestic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Majestic's market value can be influenced by many factors that don't directly affect First Majestic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Majestic's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Majestic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Majestic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.