CoreCard Historical Income Statement
CCRD Stock | USD 20.67 0.96 4.87% |
Historical analysis of CoreCard Corp income statement accounts such as Interest Expense of 1.8 M, Total Revenue of 28.6 M or Gross Profit of 11.9 M can show how well CoreCard Corp performed in making a profits. Evaluating CoreCard Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of CoreCard Corp's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining CoreCard 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 CoreCard Corp is a good buy for the upcoming year.
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About CoreCard Income Statement Analysis
CoreCard 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 CoreCard Corp shareholders. The income statement also shows CoreCard 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).
CoreCard Corp Income Statement Chart
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Total Revenue
Total revenue comprises all receipts CoreCard Corp 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 CoreCard Corp minus its cost of goods sold. It is profit before CoreCard Corp 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.Cost Of Revenue
Cost of Revenue is found on CoreCard Corp income statement and represents the costs associated with goods and services CoreCard 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.Most accounts from CoreCard Corp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into CoreCard 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 CoreCard 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 metropolitan statistical area. For information on how to trade CoreCard Stock refer to our How to Trade CoreCard Stock guide.At present, CoreCard Corp's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 5.6 M, whereas Total Revenue is forecasted to decline to about 28.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 25.3M | 37.1M | 19.4M | 11.9M | Total Revenue | 48.2M | 69.8M | 56.0M | 28.6M |
CoreCard Corp income statement Correlations
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CoreCard Corp Account Relationship Matchups
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CoreCard Corp income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 1.0M | 2.1M | 3.8M | 5.8M | 6.4M | 6.7M | |
Interest Expense | 1.1M | 428K | 105K | 2.1M | 1.9M | 1.8M | |
Total Revenue | 34.3M | 35.9M | 48.2M | 69.8M | 56.0M | 28.6M | |
Gross Profit | 22.5M | 20.4M | 25.3M | 37.1M | 19.4M | 11.9M | |
Other Operating Expenses | 20.9M | 24.6M | 36.6M | 49.8M | 50.7M | 29.5M | |
Operating Income | 13.4M | 11.3M | 8.0M | 15.4M | 5.3M | 5.6M | |
Ebit | 13.4M | 11.3M | 11.7M | 20.0M | 5.3M | 5.6M | |
Ebitda | 14.4M | 13.4M | 15.5M | 25.8M | 11.7M | 12.3M | |
Cost Of Revenue | 11.8M | 15.4M | 22.9M | 32.7M | 36.6M | 38.4M | |
Total Operating Expenses | 9.2M | 9.2M | 13.7M | 17.1M | 14.1M | 12.7M | |
Income Before Tax | 13.5M | 10.6M | 11.8M | 19.0M | 4.5M | 4.7M | |
Total Other Income Expense Net | 133K | (666K) | 105K | (918K) | (814K) | (773.3K) | |
Net Income | 11.0M | 8.2M | 9.0M | 13.9M | 3.4M | 2.0M | |
Income Tax Expense | 2.5M | 2.5M | 2.7M | 5.2M | 1.1M | 1.2M | |
Selling General Administrative | 3.5M | 3.9M | 4.6M | 5.1M | 5.3M | 4.2M | |
Research Development | 5.5M | 5.2M | 8.9M | 11.7M | 8.5M | 4.9M | |
Net Income Applicable To Common Shares | 11.0M | 8.2M | 9.0M | 13.9M | 16.0M | 16.8M | |
Selling And Marketing Expenses | 151K | 132K | 279K | 336K | 310K | 294.5K | |
Net Income From Continuing Ops | 11.0M | 8.2M | 9.0M | 13.9M | 3.4M | 4.4M | |
Non Operating Income Net Other | 133K | (666K) | 105K | (918K) | (826.2K) | (784.9K) | |
Tax Provision | 2.5M | 2.5M | 2.7M | 5.2M | 1.1M | 1.7M | |
Reconciled Depreciation | 1.0M | 2.1M | 3.8M | 5.7M | 6.3M | 6.6M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether CoreCard Corp is a strong investment it is important to analyze CoreCard 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 CoreCard Corp's future performance. For an informed investment choice regarding CoreCard Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CoreCard 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 metropolitan statistical area. For information on how to trade CoreCard Stock refer to our How to Trade CoreCard Stock guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Application Software 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 CoreCard Corp. If investors know CoreCard 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 CoreCard 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 (0.50) | Earnings Share 0.49 | Revenue Per Share 6.705 | Quarterly Revenue Growth 0.172 | Return On Assets 0.0469 |
The market value of CoreCard Corp is measured differently than its book value, which is the value of CoreCard that is recorded on the company's balance sheet. Investors also form their own opinion of CoreCard Corp's value that differs from its market value or its book value, called intrinsic value, which is CoreCard 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 CoreCard Corp's market value can be influenced by many factors that don't directly affect CoreCard 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 CoreCard Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if CoreCard Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CoreCard 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.