Elliptic Laboratories As Stock Net Income

ELABS Stock  NOK 10.30  0.14  1.38%   
Elliptic Laboratories AS fundamentals help investors to digest information that contributes to Elliptic Laboratories' financial success or failures. It also enables traders to predict the movement of Elliptic Stock. The fundamental analysis module provides a way to measure Elliptic Laboratories' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Elliptic Laboratories stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Elliptic Laboratories AS Company Net Income Analysis

Elliptic Laboratories' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Elliptic Laboratories Net Income

    
  (13.09 M)  
Most of Elliptic Laboratories' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Elliptic Laboratories AS is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Based on the recorded statements, Elliptic Laboratories AS reported net income of (13.09 Million). This is 102.43% lower than that of the Technology sector and significantly lower than that of the Software—Application industry. The net income for all Norway stocks is 102.29% higher than that of the company.

Elliptic Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Elliptic Laboratories' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Elliptic Laboratories could also be used in its relative valuation, which is a method of valuing Elliptic Laboratories by comparing valuation metrics of similar companies.
Elliptic Laboratories is currently under evaluation in net income category among its peers.

Elliptic Fundamentals

About Elliptic Laboratories Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Elliptic Laboratories AS's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elliptic Laboratories using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elliptic Laboratories AS based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in Elliptic Stock

Elliptic Laboratories financial ratios help investors to determine whether Elliptic Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Elliptic with respect to the benefits of owning Elliptic Laboratories security.