Alvopetro Historical Income Statement

ALV Stock  CAD 4.33  0.03  0.70%   
Historical analysis of Alvopetro Energy income statement accounts such as Selling General Administrative of 4.5 M, Total Revenue of 62.7 M or Gross Profit of 48.5 M can show how well Alvopetro Energy performed in making a profits. Evaluating Alvopetro Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Alvopetro Energy's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Alvopetro Energy 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 Alvopetro Energy 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 Alvopetro Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Alvopetro Income Statement Analysis

Alvopetro Energy 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 Alvopetro Energy shareholders. The income statement also shows Alvopetro 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).

Alvopetro Energy Income Statement Chart

At this time, Alvopetro Energy's Income Tax Expense is fairly stable compared to the past year. Interest Expense is likely to climb to about 1.6 M in 2024, whereas Other Operating Expenses is likely to drop slightly above 9.8 M in 2024.

Total Revenue

Total revenue comprises all receipts Alvopetro Energy 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.

Cost Of Revenue

Cost of Revenue is found on Alvopetro Energy income statement and represents the costs associated with goods and services Alvopetro Energy 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 Alvopetro Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Alvopetro Energy 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 Alvopetro Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Alvopetro Energy's Income Tax Expense is fairly stable compared to the past year. Interest Expense is likely to climb to about 1.6 M in 2024, whereas Other Operating Expenses is likely to drop slightly above 9.8 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses5.2M5.9M5.7M4.8M
Cost Of Revenue14.8M15.0M13.5M14.2M

Alvopetro Energy income statement Correlations

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0.570.550.520.80.440.620.620.60.990.210.180.30.33-0.580.490.55-0.290.39
0.960.551.00.830.990.940.960.960.470.90.880.690.92-0.090.870.88-0.390.82
0.940.521.00.791.00.950.960.930.440.910.890.670.92-0.090.850.84-0.320.85
0.870.80.830.790.740.780.810.90.730.620.580.590.68-0.240.780.93-0.620.49
0.930.440.991.00.740.930.940.920.350.940.920.680.94-0.030.850.83-0.310.85
0.880.620.940.950.780.931.00.880.560.750.720.590.77-0.390.820.78-0.240.82
0.910.620.960.960.810.941.00.910.550.770.750.610.79-0.350.840.82-0.290.83
0.990.60.960.930.90.920.880.910.530.840.80.690.86-0.090.870.96-0.570.7
0.490.990.470.440.730.350.560.550.530.110.080.250.24-0.620.430.46-0.240.32
0.850.210.90.910.620.940.750.770.840.110.990.680.980.320.770.78-0.340.75
0.810.180.880.890.580.920.720.750.80.080.990.590.980.350.70.74-0.330.75
0.670.30.690.670.590.680.590.610.690.250.680.590.60.10.80.65-0.210.51
0.860.330.920.920.680.940.770.790.860.240.980.980.60.260.730.79-0.380.77
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0.860.490.870.850.780.850.820.840.870.430.770.70.80.73-0.110.83-0.280.65
0.950.550.880.840.930.830.780.820.960.460.780.740.650.79-0.030.83-0.660.57
-0.53-0.29-0.39-0.32-0.62-0.31-0.24-0.29-0.57-0.24-0.34-0.33-0.21-0.38-0.13-0.28-0.660.11
0.750.390.820.850.490.850.820.830.70.320.750.750.510.77-0.140.650.570.11
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Alvopetro Energy Account Relationship Matchups

Alvopetro Energy income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization234K2.1M7.7M7.0M7.7M8.1M
Selling General Administrative2.9M3.3M5.1M5.8M6.1M4.5M
Total Revenue240K11.3M35.0M63.5M59.7M62.7M
Gross Profit(304K)7.2M20.1M48.5M46.2M48.5M
Other Operating Expenses3.6M7.5M20.0M20.9M19.3M9.8M
Operating Income(3.3M)3.2M15.4M43M41.7M43.8M
Ebit(3.3M)3.2M16.3M43M41.7M43.8M
Ebitda(3.1M)5.3M24.0M50.0M49.4M51.9M
Cost Of Revenue544K4.1M14.8M15.0M13.5M14.2M
Total Operating Expenses3.1M3.4M5.2M5.9M5.7M4.8M
Income Before Tax(5.0M)2.0M11.1M37.4M32.8M34.4M
Net Income(5.3M)5.7M5.6M31.7M28.5M30.0M
Income Tax Expense264K(3.7M)4.5M5.7M4.3M4.5M
Interest Expense70K1.6M2.4M1.8M1.5M1.6M
Net Income From Continuing Ops(5.0M)5.7M6.6M31.7M28.5M30.0M
Total Other Income Expense Net(1.7M)(1.2M)(4.3M)(5.6M)(7.4M)(7.8M)
Net Income Applicable To Common Shares(4.3M)(5.0M)5.7M31.7M36.5M38.3M
Reconciled Depreciation234K2.1M8.6M7.0M7.7M4.1M

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