BTCS Historical Income Statement

BTCS Stock  USD 3.38  0.02  0.59%   
Historical analysis of BTCS income statement accounts such as Other Operating Expenses of 4.7 M, Total Operating Expenses of 4.2 M or Income Before Tax of 8.2 M can show how well BTCS Inc performed in making a profits. Evaluating BTCS income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of BTCS's future profits or losses.
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining BTCS 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 BTCS Inc 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 BTCS 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 main economic indicators.

About BTCS Income Statement Analysis

BTCS 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 BTCS shareholders. The income statement also shows BTCS 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).

BTCS Income Statement Chart

At this time, BTCS's Income Before Tax is comparatively stable compared to the past year. Net Income is likely to gain to about 8.2 M in 2024, whereas Other Operating Expenses is likely to drop slightly above 4.7 M in 2024.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of BTCS Inc. It is also known as BTCS 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.
Most accounts from BTCS's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into BTCS 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 BTCS 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 main economic indicators.
At this time, BTCS's Income Before Tax is comparatively stable compared to the past year. Net Income is likely to gain to about 8.2 M in 2024, whereas Other Operating Expenses is likely to drop slightly above 4.7 M in 2024.
 2021 2022 2023 2024 (projected)
Research Development712.7K611.8K687.3K565.7K
Reconciled Depreciation939.04.0K5.0K5.3K

BTCS income statement Correlations

0.99-1.0-0.621.0-0.14-0.16-0.620.180.23-0.08-0.1-0.170.17-0.36-0.150.060.13-0.67-0.010.46
0.99-0.99-0.571.0-0.09-0.12-0.560.230.17-0.13-0.05-0.110.23-0.31-0.170.080.1-0.690.030.5
-1.0-0.990.6-1.00.130.150.6-0.19-0.220.120.080.18-0.140.350.15-0.07-0.110.650.02-0.43
-0.62-0.570.6-0.610.530.521.00.33-0.12-0.650.190.340.10.43-0.140.39-0.210.340.09-0.18
1.01.0-1.0-0.61-0.13-0.16-0.610.190.2-0.08-0.09-0.150.2-0.35-0.150.060.15-0.680.020.49
-0.14-0.090.130.53-0.130.990.520.95-0.33-0.450.20.330.330.32-0.880.9-0.220.050.340.18
-0.16-0.120.150.52-0.160.990.510.93-0.31-0.460.20.280.230.32-0.860.87-0.240.080.270.09
-0.62-0.560.61.0-0.610.520.510.32-0.1-0.650.180.340.10.42-0.130.39-0.20.350.09-0.18
0.180.23-0.190.330.190.950.930.32-0.26-0.490.170.270.370.21-0.920.92-0.17-0.160.330.32
0.230.17-0.22-0.120.2-0.33-0.31-0.1-0.26-0.06-0.58-0.24-0.09-0.290.35-0.170.380.05-0.05-0.07
-0.08-0.130.12-0.65-0.08-0.45-0.46-0.65-0.49-0.06-0.24-0.180.06-0.250.34-0.490.350.090.30.2
-0.1-0.050.080.19-0.090.20.20.180.17-0.58-0.240.70.250.79-0.23-0.02-0.61-0.04-0.23-0.12
-0.17-0.110.180.34-0.150.330.280.340.27-0.24-0.180.70.730.92-0.230.05-0.46-0.030.140.2
0.170.23-0.140.10.20.330.230.10.37-0.090.060.250.730.45-0.210.170.04-0.30.650.78
-0.36-0.310.350.43-0.350.320.320.420.21-0.29-0.250.790.920.45-0.220.0-0.660.17-0.09-0.14
-0.15-0.170.15-0.14-0.15-0.88-0.86-0.13-0.920.350.34-0.23-0.23-0.21-0.22-0.870.280.12-0.11-0.12
0.060.08-0.070.390.060.90.870.390.92-0.17-0.49-0.020.050.170.0-0.870.04-0.070.270.19
0.130.1-0.11-0.210.15-0.22-0.24-0.2-0.170.380.35-0.61-0.460.04-0.660.280.04-0.270.40.48
-0.67-0.690.650.34-0.680.050.080.35-0.160.050.09-0.04-0.03-0.30.170.12-0.07-0.270.09-0.56
-0.010.030.020.090.020.340.270.090.33-0.050.3-0.230.140.65-0.09-0.110.270.40.090.74
0.460.5-0.43-0.180.490.180.09-0.180.32-0.070.2-0.120.20.78-0.14-0.120.190.48-0.560.74
Click cells to compare fundamentals

BTCS Account Relationship Matchups

BTCS income statement Accounts

201920202021202220232024 (projected)
Selling General Administrative1.4M1.9M17.2M5.2M4.0M4.0M
Other Operating Expenses1.4M2.0M18.3M6.3M5.1M4.7M
Operating Income(1.4M)(2.0M)(17.1M)(4.7M)(3.7M)(3.9M)
Ebit(1.4M)(2.0M)(14.0M)(4.7M)(3.7M)(3.9M)
Total Operating Expenses1.4M2.0M18.1M5.9M4.7M4.2M
Income Before Tax(1.6M)(2.6M)(16.0M)(15.9M)7.8M8.2M
Net Income(1.7M)(3.0M)(18.1M)(27.1M)7.8M8.2M
Ebitda(1.4M)(2.0M)(14.0M)(4.6M)(3.7M)(3.9M)
Total Other Income Expense Net(208.2K)(569.8K)1.1M(11.2M)11.5M12.1M
Depreciation And Amortization1.4K1.1K939.04.0K5.0K4.8K
Interest Expense86.1K402.7K2.1M11.2M12.9M13.5M
Selling And Marketing Expenses10.0K6.4K180.3K78.2K12.2K11.5K
Gross Profit(1.4K)(1.1K)944.9K1.3M979.9K1.0M
Cost Of Revenue1.4K1.1K268.3K426.4K359.8K426.2K
Income Tax Expense86.1K402.7K2.1M11.2M(3.0)(2.85)
Net Income From Continuing Ops(1.6M)(2.6M)(16.0M)(15.9M)(4.4M)(4.7M)
Net Income Applicable To Common Shares(832.0K)(1.7M)(2.6M)(16.0M)(18.5M)(19.4M)
Reconciled Depreciation1.4K1.1K939.04.0K5.0K5.3K

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for BTCS Stock Analysis

When running BTCS's price analysis, check to measure BTCS's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BTCS is operating at the current time. Most of BTCS's value examination focuses on studying past and present price action to predict the probability of BTCS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BTCS's price. Additionally, you may evaluate how the addition of BTCS to your portfolios can decrease your overall portfolio volatility.