BTCS Historical Income Statement
| BTCS Stock | USD 3.56 0.21 5.57% |
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.
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.
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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
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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.Gross Profit
Gross profit is a required income statement account that reflects total revenue of BTCS Inc minus its cost of goods sold. It is profit before BTCS 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 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 Development | 712.7K | 611.8K | 687.3K | 565.7K | Reconciled Depreciation | 939.0 | 4.0K | 5.0K | 5.3K |
BTCS income statement Correlations
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BTCS Account Relationship Matchups
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BTCS income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Selling General Administrative | 1.4M | 1.9M | 17.2M | 5.2M | 4.0M | 4.0M | |
| Other Operating Expenses | 1.4M | 2.0M | 18.3M | 6.3M | 5.1M | 4.7M | |
| 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 Expenses | 1.4M | 2.0M | 18.1M | 5.9M | 4.7M | 4.2M | |
| Income Before Tax | (1.6M) | (2.6M) | (16.0M) | (15.9M) | 7.8M | 8.2M | |
| Net Income | (1.7M) | (3.0M) | (18.1M) | (27.1M) | 7.8M | 8.2M | |
| 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) | 11.5M | 12.1M | |
| Depreciation And Amortization | 1.4K | 1.1K | 939.0 | 4.0K | 5.0K | 4.8K | |
| Interest Expense | 86.1K | 402.7K | 2.1M | 11.2M | 12.9M | 13.5M | |
| Selling And Marketing Expenses | 10.0K | 6.4K | 180.3K | 78.2K | 12.2K | 11.5K | |
| Gross Profit | (1.4K) | (1.1K) | 944.9K | 1.3M | 979.9K | 1.0M | |
| Cost Of Revenue | 1.4K | 1.1K | 268.3K | 426.4K | 359.8K | 426.2K | |
| Income Tax Expense | 86.1K | 402.7K | 2.1M | 11.2M | (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 Depreciation | 1.4K | 1.1K | 939.0 | 4.0K | 5.0K | 5.3K |
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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.