Pasithea Gross Profit from 2010 to 2024

KTTA Stock  USD 3.10  0.08  2.52%   
Pasithea Therapeutics' Gross Profit is decreasing over the years with slightly volatile fluctuation. Overall, Gross Profit is projected to go to about -616 K this year. Gross Profit is the profit Pasithea Therapeutics Corp makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2010-12-31
Previous Quarter
-648.5 K
Current Value
-616 K
Quarterly Volatility
251.2 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Pasithea Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pasithea Therapeutics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 680.9 K, Interest Expense of 224 or Other Operating Expenses of 9.9 M, as well as many indicators such as Price To Sales Ratio of 36.39, Dividend Yield of 0.0 or PTB Ratio of 0.38. Pasithea financial statements analysis is a perfect complement when working with Pasithea Therapeutics Valuation or Volatility modules.
  
Check out the analysis of Pasithea Therapeutics Correlation against competitors.

Latest Pasithea Therapeutics' Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Pasithea Therapeutics Corp over the last few years. Gross profit is a required income statement account that reflects total revenue of Pasithea Therapeutics Corp minus its cost of goods sold. It is profit before Pasithea Therapeutics operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Pasithea Therapeutics' Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Pasithea Therapeutics' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported (2.21 K)10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Pasithea Gross Profit Regression Statistics

Arithmetic Mean(61,178)
Geometric Mean6,621
Coefficient Of Variation(410.58)
Mean Deviation152,284
Median(2,213)
Standard Deviation251,184
Sample Variance63.1B
Range1M
R-Value(0.40)
Mean Square Error57.1B
R-Squared0.16
Significance0.14
Slope(22,487)
Total Sum of Squares883.3B

Pasithea Gross Profit History

2024-616 K
2023-648.5 K
2022373.4 K

Other Fundumenentals of Pasithea Therapeutics

Pasithea Therapeutics Gross Profit component correlations

1.00.93-0.96-0.630.680.911.00.99-0.250.98-0.25-0.42-0.42-0.42-0.41-0.41
1.00.92-0.97-0.610.670.91.00.99-0.230.98-0.23-0.41-0.41-0.4-0.39-0.4
0.930.92-0.81-0.870.90.980.920.87-0.580.85-0.58-0.69-0.72-0.72-0.71-0.64
-0.96-0.97-0.810.42-0.48-0.8-0.97-0.980.05-0.990.050.210.220.220.220.2
-0.63-0.61-0.870.42-1.0-0.86-0.61-0.520.85-0.480.850.860.910.920.920.79
0.680.670.9-0.48-1.00.880.670.58-0.830.55-0.83-0.87-0.91-0.91-0.9-0.81
0.910.90.98-0.8-0.860.880.90.84-0.50.81-0.5-0.57-0.64-0.65-0.66-0.51
1.01.00.92-0.97-0.610.670.90.99-0.230.98-0.23-0.41-0.41-0.4-0.39-0.4
0.990.990.87-0.98-0.520.580.840.99-0.161.0-0.16-0.36-0.34-0.33-0.32-0.36
-0.25-0.23-0.580.050.85-0.83-0.5-0.23-0.16-0.131.00.930.980.980.980.86
0.980.980.85-0.99-0.480.550.810.981.0-0.13-0.13-0.34-0.31-0.3-0.28-0.34
-0.25-0.23-0.580.050.85-0.83-0.5-0.23-0.161.0-0.130.930.980.980.980.86
-0.42-0.41-0.690.210.86-0.87-0.57-0.41-0.360.93-0.340.930.960.940.90.99
-0.42-0.41-0.720.220.91-0.91-0.64-0.41-0.340.98-0.310.980.961.00.980.91
-0.42-0.4-0.720.220.92-0.91-0.65-0.4-0.330.98-0.30.980.941.00.990.88
-0.41-0.39-0.710.220.92-0.9-0.66-0.39-0.320.98-0.280.980.90.980.990.82
-0.41-0.4-0.640.20.79-0.81-0.51-0.4-0.360.86-0.340.860.990.910.880.82
Click cells to compare fundamentals

About Pasithea Therapeutics Financial Statements

Pasithea Therapeutics stakeholders use historical fundamental indicators, such as Pasithea Therapeutics' Gross Profit, to determine how well the company is positioned to perform in the future. Although Pasithea Therapeutics investors may analyze each financial statement separately, they are all interrelated. For example, changes in Pasithea Therapeutics' assets and liabilities are reflected in the revenues and expenses on Pasithea 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 Pasithea Therapeutics Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit-648.5 K-616 K
Gross Profit Margin 0.69  0.73 

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When determining whether Pasithea Therapeutics is a strong investment it is important to analyze Pasithea Therapeutics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Pasithea Therapeutics' future performance. For an informed investment choice regarding Pasithea Stock, refer to the following important reports:
Check out the analysis of Pasithea Therapeutics Correlation against competitors.
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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 Pasithea Therapeutics. If investors know Pasithea 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 Pasithea 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
(14.79)
Revenue Per Share
0.37
Quarterly Revenue Growth
14.981
Return On Assets
(0.38)
Return On Equity
(0.63)
The market value of Pasithea Therapeutics is measured differently than its book value, which is the value of Pasithea that is recorded on the company's balance sheet. Investors also form their own opinion of Pasithea Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Pasithea 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 Pasithea Therapeutics' market value can be influenced by many factors that don't directly affect Pasithea 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 Pasithea Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Pasithea Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pasithea 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.