Firan Net Income from 2010 to 2026

FTG Stock  CAD 15.00  0.55  3.81%   
Firan Technology Net Income yearly trend continues to be very stable with very little volatility. Net Income is likely to grow to about 13.1 M this year. During the period from 2010 to 2026, Firan Technology Net Income quarterly data regression pattern had sample variance of 27 T and median of  2,875,000. View All Fundamentals
 
Net Income  
First Reported
1997-05-31
Previous Quarter
3.5 M
Current Value
2.8 M
Quarterly Volatility
1.5 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Firan Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Firan Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 10.1 M, Interest Expense of 2.7 M or Selling General Administrative of 25.5 M, as well as many indicators such as Price To Sales Ratio of 0.38, Dividend Yield of 0.0 or PTB Ratio of 1.01. Firan financial statements analysis is a perfect complement when working with Firan Technology Valuation or Volatility modules.
  
This module can also supplement various Firan Technology Technical models . Check out the analysis of Firan Technology Correlation against competitors.
Evaluating Firan Technology's Net Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Firan Technology Group's fundamental strength.

Latest Firan Technology's Net Income Growth Pattern

Below is the plot of the Net Income of Firan Technology Group over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Firan Technology financial statement analysis. It represents the amount of money remaining after all of Firan Technology Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Firan Technology's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Firan Technology's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 11.08 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Firan Net Income Regression Statistics

Arithmetic Mean5,122,492
Geometric Mean3,034,391
Coefficient Of Variation101.51
Mean Deviation4,620,874
Median2,875,000
Standard Deviation5,200,028
Sample Variance27T
Range14.8M
R-Value0.72
Mean Square Error14T
R-Squared0.52
Significance0
Slope739,283
Total Sum of Squares432.6T

Firan Net Income History

202613.1 M
202512.4 M
202310.8 M
202211.6 M
2021698 K
2020170 K
20191.4 M

About Firan Technology Financial Statements

Firan Technology investors utilize fundamental indicators, such as Net Income, to predict how Firan 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
Net Income12.7 M13.4 M
Net Income From Continuing Ops12.7 M13.4 M
Net Income Applicable To Common Shares12.4 M13.1 M
Net Loss(0.17)(0.16)
Net Income Per E B T 1.28  0.97 

Pair Trading with Firan Technology

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 Firan Technology 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 Firan Technology will appreciate offsetting losses from the drop in the long position's value.

Moving together with Firan Stock

  0.78BMO-PE Bank of MontrealPairCorr
  0.92BMO Bank of MontrealPairCorr
The ability to find closely correlated positions to Firan Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Firan Technology 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 Firan Technology - 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 Firan Technology Group to buy it.
The correlation of Firan Technology 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 Firan Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Firan Technology 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 Firan Technology 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 Firan Stock

Firan Technology financial ratios help investors to determine whether Firan 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 Firan with respect to the benefits of owning Firan Technology security.