AgriFORCE Historical Income Statement

AGRI Stock  USD 0.04  0  3.51%   
Historical analysis of AgriFORCE Growing income statement accounts such as Interest Expense of 8.4 M, Selling General Administrative of 6.4 M or Total Revenue of 17.1 K can show how well AgriFORCE Growing Systems performed in making a profits. Evaluating AgriFORCE Growing income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of AgriFORCE Growing's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining AgriFORCE Growing Systems 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 AgriFORCE Growing Systems is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AgriFORCE Growing Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

About AgriFORCE Income Statement Analysis

AgriFORCE Growing Systems 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 AgriFORCE Growing shareholders. The income statement also shows AgriFORCE 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).

AgriFORCE Growing Income Statement Chart

As of now, AgriFORCE Growing's Gross Profit is decreasing as compared to previous years.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of AgriFORCE Growing Systems. It is also known as AgriFORCE Growing 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.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Net Income Applicable To Common Shares

The net income that remains after preferred dividends have been deducted, available to common shareholders.
Most accounts from AgriFORCE Growing's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into AgriFORCE Growing Systems 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 AgriFORCE Growing Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
As of now, AgriFORCE Growing's Gross Profit is decreasing as compared to previous years.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation11.8K22.4K519.4K545.4K
Total Operating Expenses6.9M13.7M11.2M7.9M

AgriFORCE Growing income statement Correlations

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0.440.98-0.95-0.95-0.89-0.55-0.840.980.45-0.940.3-0.87-0.72-0.760.76-0.43
0.550.98-0.97-0.97-0.81-0.57-0.761.00.56-0.970.16-0.91-0.66-0.690.69-0.55
-0.68-0.95-0.971.00.740.650.67-0.97-0.681.0-0.020.960.580.61-0.610.66
-0.68-0.95-0.971.00.740.640.68-0.97-0.681.0-0.020.960.590.61-0.610.65
-0.01-0.89-0.810.740.740.181.0-0.81-0.020.71-0.670.560.870.91-0.91-0.01
-0.77-0.55-0.570.650.640.180.1-0.57-0.770.670.350.730.050.05-0.050.76
0.08-0.84-0.760.670.681.00.1-0.760.080.64-0.740.490.870.92-0.92-0.11
0.550.981.0-0.97-0.97-0.81-0.57-0.760.56-0.970.16-0.91-0.66-0.690.69-0.55
1.00.450.56-0.68-0.68-0.02-0.770.080.56-0.71-0.71-0.820.060.08-0.08-0.99
-0.71-0.94-0.971.01.00.710.670.64-0.97-0.710.020.970.550.58-0.580.69
-0.710.30.16-0.02-0.02-0.670.35-0.740.16-0.710.020.2-0.66-0.710.710.72
-0.81-0.87-0.910.960.960.560.730.49-0.91-0.820.970.20.350.38-0.390.8
0.07-0.72-0.660.580.590.870.050.87-0.660.060.55-0.660.350.99-0.99-0.09
0.09-0.76-0.690.610.610.910.050.92-0.690.080.58-0.710.380.99-1.0-0.11
-0.090.760.69-0.61-0.61-0.91-0.05-0.920.69-0.08-0.580.71-0.39-0.99-1.00.1
-0.99-0.43-0.550.660.65-0.010.76-0.11-0.55-0.990.690.720.8-0.09-0.110.1
Click cells to compare fundamentals

AgriFORCE Growing Account Relationship Matchups

AgriFORCE Growing income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization15.3K9.1K11.8K22.4K679.8K713.8K
Selling General Administrative3.8M3.2M6.4M12.4M7.6M6.4M
Other Operating Expenses5.1M3.3M6.9M13.7M11.2M7.9M
Operating Income(5.1M)(3.3M)(6.9M)(13.7M)(11.2M)(11.7M)
Net Income From Continuing Ops(5.1M)(3.2M)(6.6M)(12.9M)(10.5M)(11.0M)
Ebit(5.1M)(3.3M)(6.2M)(12.5M)(3.8M)(4.0M)
Research Development1.1M123.9K474.3K615.7K6.6K6.3K
Ebitda(5.1M)(3.3M)(6.1M)(12.5M)(3.1M)(3.2M)
Total Operating Expenses5.1M3.3M6.9M13.7M11.2M7.9M
Reconciled Depreciation8.1K9.1K11.8K22.4K519.4K545.4K
Income Before Tax(5.1M)(3.2M)(6.6M)(12.9M)(11.7M)(11.1M)
Total Other Income Expense Net(3.6K)123.8K285.7K783.2K(580.3K)(551.3K)
Net Income Applicable To Common Shares(5.6M)(4.2M)(7.4M)(12.9M)(11.6M)(11.0M)
Net Income(5.1M)(3.1M)(7.1M)(9.5M)(11.7M)(11.1M)
Income Tax Expense3.6K(123.8K)483.5K(3.4M)(4.0)(4.2)

Currently Active Assets on Macroaxis

When determining whether AgriFORCE Growing Systems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AgriFORCE Growing's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Agriforce Growing Systems Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Agriforce Growing Systems Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AgriFORCE Growing Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
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Is Packaged Foods & Meats 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 AgriFORCE Growing. If investors know AgriFORCE 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 AgriFORCE Growing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.78)
Revenue Per Share
0.005
Return On Assets
(0.21)
Return On Equity
(1.62)
The market value of AgriFORCE Growing Systems is measured differently than its book value, which is the value of AgriFORCE that is recorded on the company's balance sheet. Investors also form their own opinion of AgriFORCE Growing's value that differs from its market value or its book value, called intrinsic value, which is AgriFORCE Growing'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 AgriFORCE Growing's market value can be influenced by many factors that don't directly affect AgriFORCE Growing'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 AgriFORCE Growing's value and its price as these two are different measures arrived at by different means. Investors typically determine if AgriFORCE Growing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AgriFORCE Growing'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.