Forum Net Income from 2010 to 2024

FET Stock  USD 15.25  0.36  2.42%   
Forum Energy Net Loss yearly trend continues to be comparatively stable with very little volatility. Net Loss will likely drop to about -19.8 M in 2024. From the period from 2010 to 2024, Forum Energy Net Loss quarterly data regression had mean square error of 35440.2 T and mean deviation of  131,246,217. View All Fundamentals
 
Net Loss  
First Reported
2010-09-30
Previous Quarter
-6.7 M
Current Value
-14.8 M
Quarterly Volatility
93.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Forum Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Forum Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 57.6 M, Interest Expense of 28 M or Total Revenue of 758.7 M, as well as many indicators such as Price To Sales Ratio of 0.29, Dividend Yield of 0.0 or PTB Ratio of 0.52. Forum financial statements analysis is a perfect complement when working with Forum Energy Valuation or Volatility modules.
  
Check out the analysis of Forum Energy Correlation against competitors.

Latest Forum Energy's Net Income Growth Pattern

Below is the plot of the Net Income of Forum Energy Technologies over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Forum Energy Technologies financial statement analysis. It represents the amount of money remaining after all of Forum Energy Technologies operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Forum Energy's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Forum Energy's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported (18.88 M)10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Forum Net Income Regression Statistics

Arithmetic Mean(56,419,053)
Coefficient Of Variation(346.23)
Mean Deviation131,246,217
Median(19,819,800)
Standard Deviation195,340,254
Sample Variance38157.8T
Range741.4M
R-Value(0.37)
Mean Square Error35440.2T
R-Squared0.14
Significance0.17
Slope(16,200,424)
Total Sum of Squares534209.4T

Forum Net Income History

2024-19.8 M
2023-18.9 M
20223.7 M
2021-82.7 M
2020-96.9 M
2019-567.1 M
2018-374.1 M

Other Fundumenentals of Forum Energy Technologies

Forum Energy Net Income component correlations

About Forum Energy Financial Statements

Forum Energy shareholders use historical fundamental indicators, such as Net Income, to determine how well the company is positioned to perform in the future. Although Forum Energy investors may analyze each financial statement separately, they are all interrelated. The changes in Forum Energy's assets and liabilities, for example, are also reflected in the revenues and expenses on on Forum Energy's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Net Loss-18.9 M-19.8 M
Net Income Applicable To Common Shares3.3 M3.5 M
Net Loss-14.9 M-15.7 M
Net Loss(1.85)(1.94)
Net Income Per E B T 2.42  2.54 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Forum Stock Analysis

When running Forum Energy's price analysis, check to measure Forum Energy's 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 Forum Energy is operating at the current time. Most of Forum Energy's value examination focuses on studying past and present price action to predict the probability of Forum Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forum Energy's price. Additionally, you may evaluate how the addition of Forum Energy to your portfolios can decrease your overall portfolio volatility.