Clene Historical Income Statement

CLNN Stock  USD 3.88  0.20  4.90%   
Historical analysis of Clene income statement accounts such as Tax Provision of 0.0, Depreciation And Amortization of 1.5 M or Selling General Administrative of 13.7 M can show how well Clene Inc performed in making a profits. Evaluating Clene income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Clene's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Clene 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 Clene 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 Clene 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 board of governors.

About Clene Income Statement Analysis

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

Clene Income Statement Chart

At this time, Clene's Interest Expense is very stable compared to the past year. As of the 27th of November 2024, Gross Profit is likely to grow to about 559.6 K, though EBIT is likely to grow to (42.7 M).

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.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Clene Inc. It is also known as Clene 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.
Most accounts from Clene's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Clene 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 Clene 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 board of governors.
At this time, Clene's Interest Expense is very stable compared to the past year. As of the 27th of November 2024, Gross Profit is likely to grow to about 559.6 K, though EBIT is likely to grow to (42.7 M).
 2021 2022 2023 2024 (projected)
Total Operating Expenses45.7M45.8M41.1M36.4M
Cost Of Revenue289K26K121K224.2K

Clene income statement Correlations

0.8-0.26-0.56-0.78-0.660.710.97-0.70.970.73-0.66-0.910.980.280.910.11-0.55-0.890.85
0.80.09-0.93-0.95-0.970.980.72-0.980.70.87-0.97-0.790.73-0.340.60.33-0.93-0.660.64
-0.260.09-0.12-0.31-0.130.1-0.39-0.2-0.430.38-0.120.27-0.4-0.62-0.420.09-0.220.44-0.27
-0.56-0.93-0.120.830.99-0.98-0.480.95-0.45-0.720.990.59-0.490.59-0.33-0.440.970.44-0.41
-0.78-0.95-0.310.830.9-0.91-0.680.95-0.65-0.970.90.76-0.680.32-0.56-0.30.860.6-0.59
-0.66-0.97-0.130.990.9-0.99-0.580.99-0.55-0.821.00.68-0.590.51-0.42-0.450.960.52-0.47
0.710.980.1-0.98-0.91-0.990.63-0.980.60.81-0.99-0.690.64-0.450.480.42-0.95-0.550.56
0.970.72-0.39-0.48-0.68-0.580.63-0.620.990.65-0.58-0.870.990.390.910.18-0.43-0.860.82
-0.7-0.98-0.20.950.950.99-0.98-0.62-0.58-0.90.990.69-0.620.47-0.43-0.50.920.51-0.48
0.970.7-0.43-0.45-0.65-0.550.60.99-0.580.6-0.55-0.891.00.440.960.04-0.43-0.920.87
0.730.870.38-0.72-0.97-0.820.810.65-0.90.6-0.82-0.710.63-0.290.490.38-0.73-0.510.47
-0.66-0.97-0.120.990.91.0-0.99-0.580.99-0.55-0.820.68-0.590.51-0.42-0.460.960.52-0.47
-0.91-0.790.270.590.760.68-0.69-0.870.69-0.89-0.710.68-0.9-0.19-0.870.020.620.96-0.7
0.980.73-0.4-0.49-0.68-0.590.640.99-0.621.00.63-0.59-0.90.390.950.07-0.47-0.910.87
0.28-0.34-0.620.590.320.51-0.450.390.470.44-0.290.51-0.190.390.53-0.440.59-0.390.38
0.910.6-0.42-0.33-0.56-0.420.480.91-0.430.960.49-0.42-0.870.950.53-0.25-0.37-0.960.91
0.110.330.09-0.44-0.3-0.450.420.18-0.50.040.38-0.460.020.07-0.44-0.25-0.240.23-0.22
-0.55-0.93-0.220.970.860.96-0.95-0.430.92-0.43-0.730.960.62-0.470.59-0.37-0.240.49-0.47
-0.89-0.660.440.440.60.52-0.55-0.860.51-0.92-0.510.520.96-0.91-0.39-0.960.230.49-0.81
0.850.64-0.27-0.41-0.59-0.470.560.82-0.480.870.47-0.47-0.70.870.380.91-0.22-0.47-0.81
Click cells to compare fundamentals

Clene Account Relationship Matchups

Clene income statement Accounts

201920202021202220232024 (projected)
Interest Expense88K950K870K3.3M4.6M4.8M
Ebit(16.3M)(17.9M)(9.3M)(26.6M)(44.9M)(42.7M)
Net Income Applicable To Common Shares(16.2M)(19.3M)(9.7M)(29.9M)(26.9M)(28.3M)
When determining whether Clene Inc is a strong investment it is important to analyze Clene'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 Clene's future performance. For an informed investment choice regarding Clene Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clene 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 board of governors.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Biotechnology 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 Clene. If investors know Clene 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 Clene 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
0.614
Earnings Share
(5.29)
Revenue Per Share
0.069
Quarterly Revenue Growth
(0.66)
Return On Assets
(0.42)
The market value of Clene Inc is measured differently than its book value, which is the value of Clene that is recorded on the company's balance sheet. Investors also form their own opinion of Clene's value that differs from its market value or its book value, called intrinsic value, which is Clene'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 Clene's market value can be influenced by many factors that don't directly affect Clene'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 Clene's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clene is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clene'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.