Veritone Pretax Profit Margin from 2010 to 2024

VERI Stock  USD 2.74  0.07  2.62%   
Veritone's Pretax Profit Margin is increasing with very volatile movements from year to year. Pretax Profit Margin is predicted to flatten to -0.51. For the period between 2010 and 2024, Veritone, Pretax Profit Margin quarterly trend regression had median of (0.54) and r-value of  0.04. View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
(0.48)
Current Value
(0.51)
Quarterly Volatility
1.13438582
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Veritone financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Veritone's main balance sheet or income statement drivers, such as Interest Expense of 1.8 M, Selling General Administrative of 40.4 M or Total Revenue of 133.9 M, as well as many indicators such as Price To Sales Ratio of 0.5, Dividend Yield of 0.0 or PTB Ratio of 1.97. Veritone financial statements analysis is a perfect complement when working with Veritone Valuation or Volatility modules.
  
Check out the analysis of Veritone Correlation against competitors.
For more detail on how to invest in Veritone Stock please use our How to Invest in Veritone guide.

Latest Veritone's Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of Veritone over the last few years. It is Veritone's Pretax Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Veritone's overall financial position and show how it may be relating to other accounts over time.
Pretax Profit Margin10 Years Trend
Very volatile
   Pretax Profit Margin   
       Timeline  

Veritone Pretax Profit Margin Regression Statistics

Arithmetic Mean(1.11)
Coefficient Of Variation(101.94)
Mean Deviation0.83
Median(0.54)
Standard Deviation1.13
Sample Variance1.29
Range3.9795
R-Value0.04
Mean Square Error1.38
R-Squared0
Significance0.90
Slope0.01
Total Sum of Squares18.02

Veritone Pretax Profit Margin History

2024 -0.51
2023 -0.48
2022 -0.16
2021 -0.59
2019 -1.28
2018 -2.26
2017 -4.13

About Veritone Financial Statements

Investors use fundamental indicators, such as Veritone's Pretax Profit Margin, to determine how well the company is positioned to perform in the future. Although Veritone's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Pretax Profit Margin(0.48)(0.51)

Currently Active Assets on Macroaxis

When determining whether Veritone offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Veritone's 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 Veritone Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Veritone Stock:
Check out the analysis of Veritone Correlation against competitors.
For more detail on how to invest in Veritone Stock please use our How to Invest in Veritone guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Application Software 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 Veritone. If investors know Veritone 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 Veritone listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.52
Earnings Share
(1.59)
Revenue Per Share
3.534
Quarterly Revenue Growth
0.108
Return On Assets
(0.12)
The market value of Veritone is measured differently than its book value, which is the value of Veritone that is recorded on the company's balance sheet. Investors also form their own opinion of Veritone's value that differs from its market value or its book value, called intrinsic value, which is Veritone's 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 Veritone's market value can be influenced by many factors that don't directly affect Veritone's 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 Veritone's value and its price as these two are different measures arrived at by different means. Investors typically determine if Veritone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veritone's 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.