Nxu Inc Stock Net Income

NXU Stock  USD 0.26  0.02  8.33%   
Nxu Inc fundamentals help investors to digest information that contributes to Nxu's financial success or failures. It also enables traders to predict the movement of Nxu Stock. The fundamental analysis module provides a way to measure Nxu's 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 Nxu stock.
Last ReportedProjected for Next Year
Net Loss-63.6 M-66.8 M
Net Loss-40.2 M-42.2 M
Net Loss-55.5 M-58.3 M
Net Loss(72.16)(75.76)
Net Income Per E B T 0.93  0.81 
Net Loss is likely to drop to about (66.8 M) in 2024. Net Loss is likely to drop to about (42.2 M) in 2024.
  
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Nxu Inc Company Net Income Analysis

Nxu's 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 Nxu Net Income

    
  (40.18 M)  
Most of Nxu's 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, Nxu Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Nxu Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Nxu is extremely important. It helps to project a fair market value of Nxu Stock properly, considering its historical fundamentals such as Net Income. Since Nxu's 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 Nxu's 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 Nxu's 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

Nxu Net Income Applicable To Common Shares

Net Income Applicable To Common Shares

(66.79 Million)

At this time, Nxu's Net Loss is comparatively stable compared to the past year.
Based on the recorded statements, Nxu Inc reported net income of (40.18 Million). This is 103.15% lower than that of the Machinery sector and significantly lower than that of the Industrials industry. The net income for all United States stocks is 107.04% higher than that of the company.

Nxu Net Income Peer Comparison

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

Nxu Fundamentals

About Nxu Fundamental Analysis

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

Thematic Opportunities

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Additional Tools for Nxu Stock Analysis

When running Nxu's price analysis, check to measure Nxu's 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 Nxu is operating at the current time. Most of Nxu's value examination focuses on studying past and present price action to predict the probability of Nxu's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nxu's price. Additionally, you may evaluate how the addition of Nxu to your portfolios can decrease your overall portfolio volatility.