Birks Historical Income Statement

BGI Stock  USD 1.59  0.02  1.27%   
Historical analysis of Birks income statement accounts such as Interest Expense of 6.6 M, Selling General Administrative of 77.3 M or Total Revenue of 207.1 M can show how well Birks Group performed in making a profits. Evaluating Birks income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Birks's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Birks Group 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 Birks Group 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 Birks Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

About Birks Income Statement Analysis

Birks Group 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 Birks shareholders. The income statement also shows Birks 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).

Birks Income Statement Chart

As of now, Birks' Other Operating Expenses is decreasing as compared to previous years. The Birks' current Cost Of Revenue is estimated to increase to about 119.2 M, while Depreciation And Amortization is projected to decrease to under 4 M.

Total Revenue

Total revenue comprises all receipts Birks Group 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 Birks Group minus its cost of goods sold. It is profit before Birks 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 Birks Group. It is also known as Birks 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.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most accounts from Birks' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Birks Group 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 Birks Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
As of now, Birks' Other Operating Expenses is decreasing as compared to previous years. The Birks' current Cost Of Revenue is estimated to increase to about 119.2 M, while Depreciation And Amortization is projected to decrease to under 4 M.
 2021 2022 2023 2024 (projected)
Gross Profit76.2M68.0M73.6M93.4M
Total Revenue181.3M163.0M185.3M207.1M

Birks income statement Correlations

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0.030.90.940.910.950.660.690.690.950.930.340.170.210.040.230.40.020.43-0.66-0.37
0.010.90.970.990.960.760.780.770.940.990.470.090.350.060.440.470.090.58-0.82-0.62
0.00.940.970.981.00.790.830.810.990.980.510.270.340.080.310.560.070.49-0.75-0.53
0.080.910.990.980.970.830.830.840.960.980.560.170.360.130.390.570.020.52-0.81-0.56
-0.030.950.961.00.970.750.80.771.00.980.460.260.330.050.320.510.110.5-0.73-0.54
0.170.660.760.790.830.750.960.990.750.740.910.350.440.350.170.82-0.210.37-0.75-0.36
-0.080.690.780.830.830.80.960.950.810.760.850.460.440.290.060.79-0.10.42-0.72-0.35
0.210.690.770.810.840.770.990.950.770.750.890.350.380.390.140.86-0.240.34-0.75-0.28
-0.060.950.940.990.961.00.750.810.770.970.460.330.330.050.240.540.10.45-0.69-0.5
0.030.930.990.980.980.980.740.760.750.970.440.130.320.050.450.460.10.57-0.78-0.61
0.180.340.470.510.560.460.910.850.890.460.440.340.40.44-0.010.85-0.340.16-0.51-0.14
-0.350.170.090.270.170.260.350.460.350.330.130.340.170.13-0.450.450.01-0.090.05-0.03
-0.180.210.350.340.360.330.440.440.380.330.320.40.17-0.630.040.30.68-0.06-0.29-0.46
0.370.040.060.080.130.050.350.290.390.050.050.440.13-0.630.040.42-0.920.26-0.220.25
0.350.230.440.310.390.320.170.060.140.240.45-0.01-0.450.040.04-0.140.110.66-0.51-0.66
0.270.40.470.560.570.510.820.790.860.540.460.850.450.30.42-0.14-0.31-0.06-0.46-0.01
-0.480.020.090.070.020.11-0.21-0.1-0.240.10.1-0.340.010.68-0.920.11-0.31-0.010.04-0.46
-0.190.430.580.490.520.50.370.420.340.450.570.16-0.09-0.060.260.66-0.06-0.01-0.69-0.57
-0.12-0.66-0.82-0.75-0.81-0.73-0.75-0.72-0.75-0.69-0.78-0.510.05-0.29-0.22-0.51-0.460.04-0.690.59
0.16-0.37-0.62-0.53-0.56-0.54-0.36-0.35-0.28-0.5-0.61-0.14-0.03-0.460.25-0.66-0.01-0.46-0.570.59
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Birks Account Relationship Matchups

Birks income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization206.3K5.5M5.8M5.7M6.6M4.0M
Interest Expense5.7M3.0M3.2M5.6M8.0M6.6M
Selling General Administrative58.4M47.2M57.1M58.0M58.9M77.3M
Total Revenue169.4M143.1M181.3M163.0M185.3M207.1M
Gross Profit64.5M56.4M76.2M68.0M73.6M93.4M
Other Operating Expenses175.7M145.9M176.9M166.8M184.1M194.3M
Operating Income(6.2M)(2.8M)4.5M(3.8M)1.2M1.2M
Ebit700.7K(2.8M)4.5M(3.8M)1.2M1.2M
Ebitda907K2.6M10.3M1.9M7.9M7.5M
Cost Of Revenue104.9M86.7M105.1M95.0M111.7M119.2M
Total Operating Expenses70.7M59.2M71.8M71.8M72.3M80.2M
Income Before Tax(12.2M)(5.8M)1.3M(9.4M)(6.8M)(7.1M)
Total Other Income Expense Net(6.0M)(3.0M)(3.2M)(5.6M)(8.0M)(7.6M)
Net Income(18.5M)(8.9M)(1.9M)(7.4M)(4.6M)(4.9M)
Income Tax Expense6.2M3.0M3.2M(2.0M)(2.2M)(2.1M)
Net Income Applicable To Common Shares(12.8M)(5.8M)1.3M(7.4M)(6.7M)(6.4M)
Selling And Marketing Expenses7.5M6.5M8.8M8.1M6.8M7.1M
Net Income From Continuing Ops(12.2M)(5.8M)1.3M(7.4M)(4.6M)(4.9M)
Interest Income5.7M3.0M3.2M3.6M3.3M3.4M
Net Interest Income(5.7M)(3.0M)(3.2M)(5.6M)(8.0M)(8.4M)
Reconciled Depreciation7.1M5.5M5.8M5.7M6.6M6.0M

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When determining whether Birks Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Birks' 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 Birks Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Birks Group Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Birks Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Specialty Retail 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 Birks. If investors know Birks 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 Birks listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.23)
Revenue Per Share
9.722
Quarterly Revenue Growth
0.175
Return On Assets
0.0038
Return On Equity
(5.89)
The market value of Birks Group is measured differently than its book value, which is the value of Birks that is recorded on the company's balance sheet. Investors also form their own opinion of Birks' value that differs from its market value or its book value, called intrinsic value, which is Birks' 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 Birks' market value can be influenced by many factors that don't directly affect Birks' 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 Birks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Birks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Birks' 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.