Atlantic Historical Income Statement
| AAME Stock | USD 1.56 0.03 1.96% |
Historical analysis of Atlantic American income statement accounts such as Total Revenue of 160.7 M, Gross Profit of 160.7 M or Other Operating Expenses of 128.8 M can show how well Atlantic American performed in making a profits. Evaluating Atlantic American income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Atlantic American's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Atlantic American latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Atlantic American is a good buy for the upcoming year.
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About Atlantic Income Statement Analysis
Atlantic American Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Atlantic American shareholders. The income statement also shows Atlantic investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Atlantic American Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Atlantic American generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Atlantic American. It is also known as Atlantic American overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on Atlantic American income statement and represents the costs associated with goods and services Atlantic American provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Atlantic American's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Atlantic American current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atlantic American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Atlantic Stock refer to our How to Trade Atlantic Stock guide.At present, Atlantic American's Total Operating Expenses is projected to decrease significantly based on the last few years of reporting. The current year's Net Income Applicable To Common Shares is expected to grow to about 4.7 M, whereas Total Revenue is forecasted to decline to about 160.7 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 199.6M | 187.9M | 186.8M | 160.7M | Interest Expense | 1.4M | 2.0M | 3.3M | 2.4M |
Atlantic American income statement Correlations
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Atlantic American Account Relationship Matchups
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Atlantic American income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 2.1M | 1.6M | 1.4M | 2.0M | 3.3M | 2.4M | |
| Total Revenue | 198.2M | 195.3M | 199.6M | 187.9M | 186.8M | 160.7M | |
| Gross Profit | 198.2M | 195.3M | 199.6M | 187.9M | 186.8M | 160.7M | |
| Other Operating Expenses | 198.6M | 179.8M | 194.3M | 185.8M | 184.1M | 128.8M | |
| Operating Income | (597K) | 15.4M | 5.3M | 3.2M | 186.8M | 196.1M | |
| Ebit | (597K) | 17.1M | 400.5M | 4.0M | (176K) | (167.2K) | |
| Ebitda | 399K | 18.1M | 401.5M | 4.9M | (2.9M) | (2.7M) | |
| Total Operating Expenses | (198.8M) | (179.9M) | (194.3M) | (184.7M) | 184.1M | 193.3M | |
| Net Income | (386K) | 12.2M | 4.3M | 1.5M | (171K) | (162.5K) | |
| Income Tax Expense | (21K) | 3.3M | 1.0M | 571K | (394K) | (374.3K) | |
| Depreciation And Amortization | 996K | 980K | 1.0M | 890K | (2.7M) | (2.6M) | |
| Income Before Tax | (407K) | 15.5M | 5.3M | 2.1M | (565K) | (536.8K) | |
| Total Other Income Expense Net | 190K | (179.8M) | (388.5M) | (185.8M) | (187.4M) | (178.0M) | |
| Net Income Applicable To Common Shares | (1.1M) | (785K) | 11.8M | 3.9M | 4.5M | 4.7M | |
| Net Income From Continuing Ops | (386K) | 12.2M | 4.3M | 1.5M | 1.4M | 1.3M | |
| Tax Provision | (21K) | 3.3M | 1.0M | 571K | 656.7K | 1.1M | |
| Net Interest Income | (2.1M) | (1.6M) | (1.4M) | (2.0M) | (1.8M) | (1.8M) | |
| Reconciled Depreciation | 996K | 980K | 1.0M | 890K | 801K | 839.2K |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Atlantic American is a strong investment it is important to analyze Atlantic American's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Atlantic American's future performance. For an informed investment choice regarding Atlantic Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atlantic American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Atlantic Stock refer to our How to Trade Atlantic Stock guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Multi-line Insurance 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 Atlantic American. If investors know Atlantic 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 Atlantic American 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 (0.78) | Earnings Share (0.36) | Revenue Per Share 9.117 | Quarterly Revenue Growth (0.03) | Return On Assets (0) |
The market value of Atlantic American is measured differently than its book value, which is the value of Atlantic that is recorded on the company's balance sheet. Investors also form their own opinion of Atlantic American's value that differs from its market value or its book value, called intrinsic value, which is Atlantic American'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 Atlantic American's market value can be influenced by many factors that don't directly affect Atlantic American'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 Atlantic American's value and its price as these two are different measures arrived at by different means. Investors typically determine if Atlantic American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atlantic American'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.