B2Gold Historical Income Statement

BTG Stock  USD 2.92  0.06  2.10%   
Historical analysis of B2Gold Corp income statement accounts such as Depreciation And Amortization of 422.5 M, Interest Expense of 10.7 M or Selling General Administrative of 55.4 M can show how well B2Gold Corp performed in making a profits. Evaluating B2Gold Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of B2Gold Corp's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining B2Gold Corp 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 B2Gold Corp 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 B2Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in B2Gold Stock please use our How to Invest in B2Gold Corp guide.

About B2Gold Income Statement Analysis

B2Gold Corp 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 B2Gold Corp shareholders. The income statement also shows B2Gold 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).

B2Gold Corp Income Statement Chart

At this time, B2Gold Corp's Total Revenue is most likely to increase significantly in the upcoming years. The B2Gold Corp's current Gross Profit is estimated to increase to about 834 M, while Selling General Administrative is projected to decrease to roughly 55.4 M.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of B2Gold Corp. It is also known as B2Gold Corp 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.

Cost Of Revenue

Cost of Revenue is found on B2Gold Corp income statement and represents the costs associated with goods and services B2Gold Corp 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.

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 B2Gold Corp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into B2Gold Corp 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 B2Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in B2Gold Stock please use our How to Invest in B2Gold Corp guide.At this time, B2Gold Corp's Total Revenue is most likely to increase significantly in the upcoming years. The B2Gold Corp's current Gross Profit is estimated to increase to about 834 M, while Selling General Administrative is projected to decrease to roughly 55.4 M.
 2021 2022 2023 2024 (projected)
Interest Income12.6M12.0M19.9M15.5M
Tax Provision265.4M243.9M276.9M182.5M

B2Gold Corp income statement Correlations

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Click cells to compare fundamentals

B2Gold Corp Account Relationship Matchups

B2Gold Corp income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization251.3M317.4M375.6M368.6M402.4M422.5M
Interest Expense26.6M15.8M11.8M10.8M13.9M10.7M
Selling General Administrative74.9M69.2M75.8M79.3M62.4M55.4M
Total Revenue1.2B1.8B1.8B1.7B2.0B2.1B
Gross Profit450.5M958.3M768.6M604.2M794.3M834.0M
Other Operating Expenses783.7M905.8M1.1B1.2B1.6B1.7B
Operating Income121.1M606.8M714.6M163.0M327.4M343.8M
Net Income From Continuing Ops308.9M672.4M460.8M286.7M335.5M352.2M
Ebit121.1M1.1B706.3M556.7M327.5M173.0M
Ebitda372.4M1.4B1.1B925.3M729.9M766.4M
Cost Of Revenue705.2M830.6M993.7M1.1B1.2B1.2B
Total Operating Expenses78.5M75.2M82.1M87.7M855.0M897.7M
Income Before Tax482.4M1.0B726.2M530.6M320.3M177.7M
Total Other Income Expense Net361.3M(18.5M)12.6M28.2M(7.1M)(7.4M)
Net Income Applicable To Common Shares293.4M628.1M420.1M252.9M290.8M305.3M
Net Income293.4M628.1M420.1M252.9M10.1M9.6M
Income Tax Expense173.5M362.0M265.4M243.9M278.7M292.7M
Minority Interest61.4M88.6M(40.8M)(33.9M)(54.4M)(51.7M)
Tax Provision173.5M362.0M265.4M243.9M276.9M182.5M
Interest Income25.0M21.5M12.6M12.0M19.9M15.5M
Net Interest Income(26.6M)(15.8M)(11.8M)1.1M8.0M8.4M
Reconciled Depreciation251.3M301.5M378.9M383.9M423.9M346.7M

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When determining whether B2Gold Corp is a strong investment it is important to analyze B2Gold Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact B2Gold Corp's future performance. For an informed investment choice regarding B2Gold Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in B2Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in B2Gold Stock please use our How to Invest in B2Gold Corp guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Metals & Mining 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 B2Gold Corp. If investors know B2Gold 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 B2Gold Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.62)
Dividend Share
0.16
Earnings Share
(0.56)
Revenue Per Share
1.466
Quarterly Revenue Growth
(0.06)
The market value of B2Gold Corp is measured differently than its book value, which is the value of B2Gold that is recorded on the company's balance sheet. Investors also form their own opinion of B2Gold Corp's value that differs from its market value or its book value, called intrinsic value, which is B2Gold Corp's 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 B2Gold Corp's market value can be influenced by many factors that don't directly affect B2Gold Corp's 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 B2Gold Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if B2Gold Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, B2Gold Corp's 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.