Renoworks Software Stock Gross Profit

RW Stock  CAD 0.31  0.01  3.13%   
Renoworks Software fundamentals help investors to digest information that contributes to Renoworks Software's financial success or failures. It also enables traders to predict the movement of Renoworks Stock. The fundamental analysis module provides a way to measure Renoworks Software'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 Renoworks Software stock.
Last ReportedProjected for Next Year
Gross Profit4.4 M4.6 M
Gross Profit Margin 0.70  0.79 
Gross Profit is likely to climb to about 4.6 M in 2024. Gross Profit Margin is likely to climb to 0.79 in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Renoworks Software Company Gross Profit Analysis

Renoworks Software's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Gross Profit

 = 

Revenue

-

Cost of Revenue

More About Gross Profit | All Equity Analysis

Current Renoworks Software Gross Profit

    
  3.79 M  
Most of Renoworks Software's fundamental indicators, such as Gross Profit, 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, Renoworks Software is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Renoworks Gross Profit Driver Correlations

Understanding the fundamental principles of building solid financial models for Renoworks Software is extremely important. It helps to project a fair market value of Renoworks Stock properly, considering its historical fundamentals such as Gross Profit. Since Renoworks Software'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 Renoworks Software'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 Renoworks Software's interrelated accounts and indicators.
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Competition

According to the company disclosure, Renoworks Software reported 3.79 M of gross profit. This is 100.0% lower than that of the Software sector and 99.88% lower than that of the Information Technology industry. The gross profit for all Canada stocks is 99.99% higher than that of the company.

Renoworks Gross Profit Peer Comparison

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

Renoworks Software Current Valuation Drivers

We derive many important indicators used in calculating different scores of Renoworks Software from analyzing Renoworks Software's financial statements. These drivers represent accounts that assess Renoworks Software's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Renoworks Software's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap10.6M22.0M17.4M7.6M4.9M4.6M
Enterprise Value10.6M21.9M16.5M6.9M4.2M4.5M

Renoworks Fundamentals

About Renoworks Software Fundamental Analysis

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

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Renoworks Stock Analysis

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