Novabay Pharmaceuticals Stock Net Income

NBY Stock  USD 0.68  0.04  5.56%   
NovaBay Pharmaceuticals fundamentals help investors to digest information that contributes to NovaBay Pharmaceuticals' financial success or failures. It also enables traders to predict the movement of NovaBay Stock. The fundamental analysis module provides a way to measure NovaBay Pharmaceuticals' 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 NovaBay Pharmaceuticals stock.
Last ReportedProjected for Next Year
Net Loss-9.6 M-10.1 M
Net Loss-14.6 M-15.4 M
Net Loss-13.7 M-14.4 M
Net Loss(80.05)(84.05)
Net Income Per E B T 1.38  0.84 
Net Loss is likely to drop to about (10.1 M) in 2024. Net Loss is likely to drop to about (15.4 M) in 2024.
  
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NovaBay Pharmaceuticals Company Net Income Analysis

NovaBay Pharmaceuticals' 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 NovaBay Pharmaceuticals Net Income

    
  (9.64 M)  
Most of NovaBay Pharmaceuticals' 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, NovaBay Pharmaceuticals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

NovaBay Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for NovaBay Pharmaceuticals is extremely important. It helps to project a fair market value of NovaBay Stock properly, considering its historical fundamentals such as Net Income. Since NovaBay Pharmaceuticals' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of NovaBay Pharmaceuticals' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of NovaBay Pharmaceuticals' interrelated accounts and indicators.
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

NovaBay Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(259,875)

At this time, NovaBay Pharmaceuticals' Accumulated Other Comprehensive Income is fairly stable compared to the past year.
Based on the recorded statements, NovaBay Pharmaceuticals reported net income of (9.64 Million). This is 102.82% lower than that of the Pharmaceuticals sector and 113.76% lower than that of the Health Care industry. The net income for all United States stocks is 101.69% higher than that of the company.

NovaBay Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NovaBay Pharmaceuticals' 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 NovaBay Pharmaceuticals could also be used in its relative valuation, which is a method of valuing NovaBay Pharmaceuticals by comparing valuation metrics of similar companies.
NovaBay Pharmaceuticals is currently under evaluation in net income category among its peers.

NovaBay Fundamentals

About NovaBay Pharmaceuticals Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze NovaBay Pharmaceuticals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NovaBay Pharmaceuticals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NovaBay Pharmaceuticals 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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Additional Tools for NovaBay Stock Analysis

When running NovaBay Pharmaceuticals' price analysis, check to measure NovaBay Pharmaceuticals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NovaBay Pharmaceuticals is operating at the current time. Most of NovaBay Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of NovaBay Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NovaBay Pharmaceuticals' price. Additionally, you may evaluate how the addition of NovaBay Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.