Allego Historical Income Statement
ALLG Stock | USD 1.91 0.01 0.53% |
Historical analysis of Allego income statement accounts such as Depreciation And Amortization of 19.4 M, Interest Expense of 16.5 M or Selling General Administrative of 177.8 M can show how well Allego Inc performed in making a profits. Evaluating Allego income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Allego's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Allego Inc 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 Allego Inc is a good buy for the upcoming year.
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About Allego Income Statement Analysis
Allego Inc 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 Allego shareholders. The income statement also shows Allego 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).
Allego Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Allego Inc 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 Allego Inc minus its cost of goods sold. It is profit before Allego 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.Net Income Applicable To Common Shares
The net income that remains after preferred dividends have been deducted, available to common shareholders.Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Allego Inc whose combined shares represent less than 50% of the total outstanding shares issued by Allego have a minority interest in Allego.Most accounts from Allego's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Allego Inc 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, Allego's Gross Profit is most likely to increase significantly in the upcoming years. The Allego's current Other Operating Expenses is estimated to increase to about 264.4 M, while Depreciation And Amortization is projected to decrease to roughly 19.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 15.1M | 15.7M | 27.0M | 16.5M | Depreciation And Amortization | 12.2M | 26.6M | 31.9M | 19.4M |
Allego income statement Correlations
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Allego Account Relationship Matchups
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When determining whether Allego Inc is a strong investment it is important to analyze Allego'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 Allego's future performance. For an informed investment choice regarding Allego Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Automotive Parts & Equipment 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 Allego. If investors know Allego 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 Allego listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.46) | Revenue Per Share 0.542 | Quarterly Revenue Growth (0.20) | Return On Assets (0.09) | Return On Equity (7.60) |
The market value of Allego Inc is measured differently than its book value, which is the value of Allego that is recorded on the company's balance sheet. Investors also form their own opinion of Allego's value that differs from its market value or its book value, called intrinsic value, which is Allego'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 Allego's market value can be influenced by many factors that don't directly affect Allego'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 Allego's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allego is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allego'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.