Synchronoss Gross Profit from 2010 to 2024

SNCRL Stock  USD 24.98  0.10  0.40%   
Synchronoss Technologies Gross Profit yearly trend continues to be quite stable with very little volatility. Gross Profit may rise above about 137.3 M this year. Gross Profit is the profit Synchronoss Technologies 8375 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
2004-03-31
Previous Quarter
29 M
Current Value
34 M
Quarterly Volatility
22.9 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Synchronoss Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Synchronoss Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 33.4 M, Interest Expense of 14.7 M or Total Revenue of 238.9 M, as well as many indicators such as Price To Sales Ratio of 0.35, Dividend Yield of 0.21 or PTB Ratio of 0.74. Synchronoss financial statements analysis is a perfect complement when working with Synchronoss Technologies Valuation or Volatility modules.
  
Check out the analysis of Synchronoss Technologies Correlation against competitors.
For more information on how to buy Synchronoss Stock please use our How to buy in Synchronoss Stock guide.

Latest Synchronoss Technologies' Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Synchronoss Technologies 8375 over the last few years. Gross profit is a required income statement account that reflects total revenue of Synchronoss Technologies 8375 minus its cost of goods sold. It is profit before Synchronoss Technologies 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. Synchronoss Technologies' Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Synchronoss Technologies' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 010 Years Trend
Very volatile
   Gross Profit   
       Timeline  

Synchronoss Gross Profit Regression Statistics

Arithmetic Mean182,734,517
Geometric Mean129,170,328
Coefficient Of Variation44.00
Mean Deviation59,113,053
Median169,853,000
Standard Deviation80,411,679
Sample Variance6466T
Range339M
R-Value0.02
Mean Square Error6960.2T
R-Squared0.0005
Significance0.94
Slope389,737
Total Sum of Squares90524.5T

Synchronoss Gross Profit History

2024137.3 M
2023122 M
2022160.9 M
2021171.6 M
2020169.9 M
2019158.3 M

Other Fundumenentals of Synchronoss Technologies

Synchronoss Technologies Gross Profit component correlations

0.890.860.460.160.540.50.880.350.920.60.220.660.91-0.270.240.37-0.450.44-0.290.44
0.890.570.32-0.250.780.530.940.560.890.520.180.40.95-0.370.460.62-0.650.64-0.460.66
0.860.570.610.510.170.30.60.010.730.60.340.790.66-0.080.160.16-0.120.12-0.130.13
0.460.320.610.04-0.02-0.020.18-0.310.360.690.340.540.370.280.340.34-0.170.05-0.340.12
0.16-0.250.510.04-0.540.02-0.09-0.34-0.06-0.130.210.6-0.070.19-0.47-0.620.6-0.550.47-0.59
0.540.780.17-0.02-0.540.210.710.650.710.37-0.12-0.210.7-0.670.490.76-0.930.96-0.510.96
0.50.530.3-0.020.020.210.70.570.49-0.150.150.380.450.280.130.15-0.08-0.02-0.180.02
0.880.940.60.18-0.090.710.70.640.870.30.240.430.92-0.280.430.56-0.560.53-0.430.56
0.350.560.01-0.31-0.340.650.570.640.59-0.03-0.09-0.230.41-0.40.250.4-0.510.54-0.250.54
0.920.890.730.36-0.060.710.490.870.590.640.070.360.83-0.410.310.51-0.630.65-0.320.66
0.60.520.60.69-0.130.37-0.150.3-0.030.640.120.280.44-0.350.260.38-0.450.47-0.260.46
0.220.180.340.340.21-0.120.150.24-0.090.070.120.50.260.140.550.290.11-0.2-0.55-0.2
0.660.40.790.540.6-0.210.380.43-0.230.360.280.50.530.280.02-0.120.29-0.330.0-0.31
0.910.950.660.37-0.070.70.450.920.410.830.440.260.53-0.320.450.58-0.590.57-0.450.59
-0.27-0.37-0.080.280.19-0.670.28-0.28-0.4-0.41-0.350.140.28-0.32-0.16-0.310.55-0.730.17-0.63
0.240.460.160.34-0.470.490.130.430.250.310.260.550.020.45-0.160.91-0.480.42-0.80.5
0.370.620.160.34-0.620.760.150.560.40.510.380.29-0.120.58-0.310.91-0.790.73-0.810.79
-0.45-0.65-0.12-0.170.6-0.93-0.08-0.56-0.51-0.63-0.450.110.29-0.590.55-0.48-0.79-0.960.64-0.96
0.440.640.120.05-0.550.96-0.020.530.540.650.47-0.2-0.330.57-0.730.420.73-0.96-0.490.99
-0.29-0.46-0.13-0.340.47-0.51-0.18-0.43-0.25-0.32-0.26-0.550.0-0.450.17-0.8-0.810.64-0.49-0.5
0.440.660.130.12-0.590.960.020.560.540.660.46-0.2-0.310.59-0.630.50.79-0.960.99-0.5
Click cells to compare fundamentals

About Synchronoss Technologies Financial Statements

Synchronoss Technologies investors utilize fundamental indicators, such as Gross Profit, to predict how Synchronoss 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
Gross Profit122 M137.3 M
Gross Profit Margin 0.74  0.42 

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Synchronoss Technologies is a strong investment it is important to analyze Synchronoss Technologies' 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 Synchronoss Technologies' future performance. For an informed investment choice regarding Synchronoss Stock, refer to the following important reports:
Check out the analysis of Synchronoss Technologies Correlation against competitors.
For more information on how to buy Synchronoss Stock please use our How to buy in Synchronoss Stock guide.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Business Services 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 Synchronoss Technologies. If investors know Synchronoss 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 Synchronoss Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Synchronoss Technologies is measured differently than its book value, which is the value of Synchronoss that is recorded on the company's balance sheet. Investors also form their own opinion of Synchronoss Technologies' value that differs from its market value or its book value, called intrinsic value, which is Synchronoss Technologies' 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 Synchronoss Technologies' market value can be influenced by many factors that don't directly affect Synchronoss Technologies' 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 Synchronoss Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Synchronoss Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Synchronoss Technologies' 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.