GlycoMimetics Net Income from 2010 to 2024

GLYC Stock  USD 0.32  0.03  10.34%   
GlycoMimetics' Net Loss is decreasing over the years with slightly volatile fluctuation. Net Loss is expected to dwindle to about -38.7 M. During the period from 2010 to 2024 GlycoMimetics Net Loss annual values regression line had geometric mean of  22,845,911 and mean square error of 268.1 T. View All Fundamentals
 
Net Loss  
First Reported
2011-12-31
Previous Quarter
-10.1 M
Current Value
-9.8 M
Quarterly Volatility
6.5 M
 
Yuan Drop
 
Covid
Check GlycoMimetics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among GlycoMimetics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 217.6 K, Interest Expense of 56.3 M or Total Revenue of 9.5 K, as well as many indicators such as Price To Sales Ratio of 15.7 K, Dividend Yield of 0.0 or PTB Ratio of 1.98. GlycoMimetics financial statements analysis is a perfect complement when working with GlycoMimetics Valuation or Volatility modules.
  
Check out the analysis of GlycoMimetics Correlation against competitors.
For information on how to trade GlycoMimetics Stock refer to our How to Trade GlycoMimetics Stock guide.

Latest GlycoMimetics' Net Income Growth Pattern

Below is the plot of the Net Income of GlycoMimetics over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in GlycoMimetics financial statement analysis. It represents the amount of money remaining after all of GlycoMimetics operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is GlycoMimetics' Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in GlycoMimetics' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported (36.9 M)10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

GlycoMimetics Net Income Regression Statistics

Arithmetic Mean(32,862,456)
Geometric Mean22,845,911
Coefficient Of Variation(80.32)
Mean Deviation20,688,032
Median(33,281,068)
Standard Deviation26,395,351
Sample Variance696.7T
Range97M
R-Value(0.80)
Mean Square Error268.1T
R-Squared0.64
Significance0.0003
Slope(4,731,501)
Total Sum of Squares9754T

GlycoMimetics Net Income History

2024-38.7 M
2023-36.9 M
2022-93.3 M
2021-63.1 M
2020-50.3 M
2019-54.1 M
2018-48.3 M

Other Fundumenentals of GlycoMimetics

GlycoMimetics Net Income component correlations

About GlycoMimetics Financial Statements

GlycoMimetics stakeholders use historical fundamental indicators, such as GlycoMimetics' Net Income, to determine how well the company is positioned to perform in the future. Although GlycoMimetics investors may analyze each financial statement separately, they are all interrelated. For example, changes in GlycoMimetics' assets and liabilities are reflected in the revenues and expenses on GlycoMimetics' 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 GlycoMimetics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Loss-36.9 M-38.7 M
Net Loss-42 M-44.1 M
Net Loss-38.1 M-40 M
Net Loss(0.58)(0.61)
Net Income Per E B T 1.80  0.98 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether GlycoMimetics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of GlycoMimetics' 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 Glycomimetics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Glycomimetics Stock:
Check out the analysis of GlycoMimetics Correlation against competitors.
For information on how to trade GlycoMimetics Stock refer to our How to Trade GlycoMimetics Stock guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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 GlycoMimetics. If investors know GlycoMimetics 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 GlycoMimetics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.62)
Quarterly Revenue Growth
(1.00)
Return On Assets
(0.59)
Return On Equity
(1.04)
The market value of GlycoMimetics is measured differently than its book value, which is the value of GlycoMimetics that is recorded on the company's balance sheet. Investors also form their own opinion of GlycoMimetics' value that differs from its market value or its book value, called intrinsic value, which is GlycoMimetics' 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 GlycoMimetics' market value can be influenced by many factors that don't directly affect GlycoMimetics' 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 GlycoMimetics' value and its price as these two are different measures arrived at by different means. Investors typically determine if GlycoMimetics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GlycoMimetics' 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.