Bicycle Income Before Tax from 2010 to 2024

BCYC Stock  USD 20.40  0.45  2.26%   
Bicycle Therapeutics' Income Before Tax is decreasing over the years with slightly volatile fluctuation. Overall, Income Before Tax is projected to go to about -170.2 M this year. During the period from 2010 to 2024 Bicycle Therapeutics Income Before Tax annual values regression line had coefficient of variation of (116.39) and r-squared of  0.67. View All Fundamentals
 
Income Before Tax  
First Reported
2017-12-31
Previous Quarter
-47.1 M
Current Value
-54.2 M
Quarterly Volatility
16.2 M
 
Covid
Check Bicycle Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bicycle Therapeutics' main balance sheet or income statement drivers, such as Tax Provision of 1.5 M, Interest Income of 14.7 M or Discontinued Operations of 0.0, as well as many indicators such as Price To Sales Ratio of 40.62, Dividend Yield of 0.0 or PTB Ratio of 1.65. Bicycle financial statements analysis is a perfect complement when working with Bicycle Therapeutics Valuation or Volatility modules.
  
Check out the analysis of Bicycle Therapeutics Correlation against competitors.
For information on how to trade Bicycle Stock refer to our How to Trade Bicycle Stock guide.

Latest Bicycle Therapeutics' Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Bicycle Therapeutics over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Bicycle Therapeutics income statement and is an important metric when analyzing Bicycle Therapeutics profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Bicycle Therapeutics' Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Bicycle Therapeutics' overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Bicycle Income Before Tax Regression Statistics

Arithmetic Mean(49,884,377)
Coefficient Of Variation(116.39)
Mean Deviation44,598,502
Median(16,282,000)
Standard Deviation58,057,988
Sample Variance3370.7T
Range165.6M
R-Value(0.82)
Mean Square Error1204.4T
R-Squared0.67
Significance0.0002
Slope(10,612,120)
Total Sum of Squares47190.2T

Bicycle Income Before Tax History

2024-170.2 M
2023-179.2 M
2022-114.2 M
2021-68.5 M
2020-51.7 M
2019-30.9 M
2018-22.2 M

About Bicycle Therapeutics Financial Statements

Bicycle Therapeutics stakeholders use historical fundamental indicators, such as Bicycle Therapeutics' Income Before Tax, to determine how well the company is positioned to perform in the future. Although Bicycle Therapeutics investors may analyze each financial statement separately, they are all interrelated. For example, changes in Bicycle Therapeutics' assets and liabilities are reflected in the revenues and expenses on Bicycle Therapeutics' 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 Bicycle Therapeutics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Before Tax-179.2 M-170.2 M

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When determining whether Bicycle Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bicycle Therapeutics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bicycle Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bicycle Therapeutics Stock:
Check out the analysis of Bicycle Therapeutics Correlation against competitors.
For information on how to trade Bicycle Stock refer to our How to Trade Bicycle Stock guide.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Biotechnology 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 Bicycle Therapeutics. If investors know Bicycle 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 Bicycle Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.19)
Revenue Per Share
0.716
Quarterly Revenue Growth
(0.50)
Return On Assets
(0.15)
Return On Equity
(0.27)
The market value of Bicycle Therapeutics is measured differently than its book value, which is the value of Bicycle that is recorded on the company's balance sheet. Investors also form their own opinion of Bicycle Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Bicycle Therapeutics' 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 Bicycle Therapeutics' market value can be influenced by many factors that don't directly affect Bicycle Therapeutics' 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 Bicycle Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Bicycle Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bicycle Therapeutics' 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.