Prelude Income Before Tax from 2010 to 2024

PRLD Stock  USD 0.98  0.02  2.08%   
Prelude Therapeutics' Income Before Tax is decreasing over the years with slightly volatile fluctuation. Overall, Income Before Tax is projected to go to about -115.7 M this year. During the period from 2010 to 2024 Prelude Therapeutics Income Before Tax annual values regression line had coefficient of variation of (100.26) and r-squared of  0.71. View All Fundamentals
 
Income Before Tax  
First Reported
2019-09-30
Previous Quarter
-34.7 M
Current Value
-32.3 M
Quarterly Volatility
8.9 M
 
Covid
Check Prelude Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Prelude Therapeutics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 821.5 K, Interest Expense of 1.6 M or Selling General Administrative of 18.9 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.14. Prelude financial statements analysis is a perfect complement when working with Prelude Therapeutics Valuation or Volatility modules.
  
Check out the analysis of Prelude Therapeutics Correlation against competitors.
For information on how to trade Prelude Stock refer to our How to Trade Prelude Stock guide.

Latest Prelude Therapeutics' Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Prelude Therapeutics over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Prelude Therapeutics income statement and is an important metric when analyzing Prelude 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 Prelude Therapeutics' Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Prelude 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  

Prelude Income Before Tax Regression Statistics

Arithmetic Mean(45,421,560)
Coefficient Of Variation(100.26)
Mean Deviation39,270,080
Median(14,680,000)
Standard Deviation45,539,719
Sample Variance2073.9T
Range107.2M
R-Value(0.84)
Mean Square Error657.9T
R-Squared0.71
Significance0.000089
Slope(8,552,528)
Total Sum of Squares29034.1T

Prelude Income Before Tax History

2024-115.7 M
2023-121.8 M
2022-115.4 M
2021-111.7 M
2020-56.9 M
2019-27.6 M

About Prelude Therapeutics Financial Statements

Prelude Therapeutics stakeholders use historical fundamental indicators, such as Prelude Therapeutics' Income Before Tax, to determine how well the company is positioned to perform in the future. Although Prelude Therapeutics investors may analyze each financial statement separately, they are all interrelated. For example, changes in Prelude Therapeutics' assets and liabilities are reflected in the revenues and expenses on Prelude 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 Prelude Therapeutics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Before Tax-121.8 M-115.7 M

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When determining whether Prelude Therapeutics is a strong investment it is important to analyze Prelude 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 Prelude Therapeutics' future performance. For an informed investment choice regarding Prelude Stock, refer to the following important reports:
Check out the analysis of Prelude Therapeutics Correlation against competitors.
For information on how to trade Prelude Stock refer to our How to Trade Prelude Stock guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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 Prelude Therapeutics. If investors know Prelude 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 Prelude 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
(1.77)
Revenue Per Share
0.04
Return On Assets
(0.39)
Return On Equity
(0.67)
The market value of Prelude Therapeutics is measured differently than its book value, which is the value of Prelude that is recorded on the company's balance sheet. Investors also form their own opinion of Prelude Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Prelude 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 Prelude Therapeutics' market value can be influenced by many factors that don't directly affect Prelude 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 Prelude Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Prelude Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prelude 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.