Forafric Historical Income Statement
| AFRIW Stock | USD 1.09 0.06 5.22% |
Historical analysis of Forafric Global income statement accounts such as Depreciation And Amortization of 6.1 M, Interest Expense of 11.7 M or Selling General Administrative of 25.8 M can show how well Forafric Global PLC performed in making a profits. Evaluating Forafric Global income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Forafric Global's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Forafric Global PLC 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 Forafric Global PLC is a good buy for the upcoming year.
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About Forafric Income Statement Analysis
Forafric Global PLC 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 Forafric Global shareholders. The income statement also shows Forafric 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).
Forafric Global Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Forafric Global PLC 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.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Forafric Global PLC minus its cost of goods sold. It is profit before Forafric Global operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Forafric Global PLC. It is also known as Forafric Global 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 Forafric Global PLC income statement and represents the costs associated with goods and services Forafric Global 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 Forafric Global's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Forafric Global PLC 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 Forafric Global PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. At this time, Forafric Global's Depreciation And Amortization is fairly stable compared to the past year. EBIT is likely to climb to about 1.4 M in 2024, whereas Net Interest Income is likely to drop (14.7 M) in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 5.2M | 6.6M | 6.1M | 6.1M | Interest Income | 543K | 34K | 37K | 35.2K |
Forafric Global income statement Correlations
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Forafric Global Account Relationship Matchups
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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.Additional Tools for Forafric Stock Analysis
When running Forafric Global's price analysis, check to measure Forafric Global'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 Forafric Global is operating at the current time. Most of Forafric Global's value examination focuses on studying past and present price action to predict the probability of Forafric Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forafric Global's price. Additionally, you may evaluate how the addition of Forafric Global to your portfolios can decrease your overall portfolio volatility.