Alithya Historical Income Statement
ALYA Stock | CAD 1.61 0.06 3.59% |
Historical analysis of Alithya Group income statement accounts such as Interest Income of 1.1 M, Depreciation And Amortization of 16.9 M or Interest Expense of 12.5 M can show how well Alithya Group inc performed in making a profits. Evaluating Alithya Group income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Alithya Group's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Alithya Group 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 Alithya Group inc is a good buy for the upcoming year.
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About Alithya Income Statement Analysis
Alithya Group 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 Alithya Group shareholders. The income statement also shows Alithya 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).
Alithya Group Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Alithya Group 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 Alithya Group inc minus its cost of goods sold. It is profit before Alithya Group 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.Most accounts from Alithya Group's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Alithya Group 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, which includes a position in Alithya Group inc. 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, Alithya Group's Interest Income is very stable compared to the past year. As of the 1st of December 2024, Interest Expense is likely to grow to about 12.5 M, while Tax Provision is likely to drop about 58 K.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 19.7M | 34.0M | 29.0M | 16.9M | Interest Income | 80K | 349K | 668K | 1.1M |
Alithya Group income statement Correlations
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Alithya Group Account Relationship Matchups
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High Negative Relationship
Alithya Group income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Tax Provision | (3.0M) | (2.3M) | (3.0M) | (6.3M) | 61K | 58.0K | |
Interest Income | 2.0M | 3.3M | 80K | 349K | 668K | 1.1M | |
Depreciation And Amortization | 14.6M | 15.5M | 19.7M | 34.0M | 29.0M | 16.9M | |
Interest Expense | 2.2M | 3.1M | 4.4M | 9.3M | 11.9M | 12.5M | |
Selling General Administrative | 32.7M | 35.5M | 98.8M | 126.5M | 121.6M | 81.4M | |
Total Revenue | 279.0M | 287.6M | 437.9M | 522.7M | 491.1M | 324.6M | |
Gross Profit | 83.0M | 83.0M | 116.2M | 151.8M | 111.8M | 99.5M | |
Other Operating Expenses | 287.5M | 301.9M | 440.3M | 531.5M | 499.4M | 332.1M | |
Operating Income | (41.0M) | (17.0M) | (14.0M) | (27.0M) | (8.3M) | (8.7M) | |
Net Income From Continuing Ops | (39.7M) | (17.3M) | (15.5M) | (30.1M) | (16.7M) | (17.5M) | |
Ebit | (8.6M) | (13.8M) | (2.6M) | (8.9M) | (8.3M) | (8.7M) | |
Ebitda | 6.0M | 1.7M | 17.1M | 25.2M | 20.7M | 21.8M | |
Cost Of Revenue | 196.0M | 204.6M | 321.7M | 370.9M | 379.3M | 225.1M | |
Total Operating Expenses | 91.4M | 97.2M | 118.6M | 160.6M | 120.1M | 107.0M | |
Income Before Tax | (42.6M) | (19.6M) | (18.6M) | (36.4M) | (16.6M) | (17.4M) | |
Total Other Income Expense Net | (31.8M) | (2.1M) | (11.6M) | (18.2M) | (8.3M) | (8.8M) | |
Net Income Applicable To Common Shares | (39.7M) | (17.3M) | (15.5M) | (30.1M) | (27.1M) | (25.7M) | |
Net Income | (39.7M) | (17.3M) | (15.5M) | (30.1M) | (16.7M) | (17.5M) | |
Income Tax Expense | (3.0M) | (2.3M) | (3.0M) | (6.3M) | 61K | 64.1K | |
Net Interest Income | (2.3M) | (3.3M) | (4.6M) | (9.3M) | (11.9M) | (11.3M) | |
Reconciled Depreciation | 14.6M | 15.5M | 19.7M | 34.0M | 29.0M | 20.2M |
Pair Trading with Alithya Group
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Alithya Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Alithya Group will appreciate offsetting losses from the drop in the long position's value.Moving against Alithya Stock
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The ability to find closely correlated positions to Alithya Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alithya Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Alithya Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Alithya Group inc to buy it.
The correlation of Alithya Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Alithya Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alithya Group inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Alithya Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Alithya Stock
Alithya Group 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 Alithya Group shareholders. The income statement also shows Alithya 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).