Cytek Historical Income Statement
CTKB Stock | USD 5.46 0.03 0.55% |
Historical analysis of Cytek Biosciences income statement accounts such as Interest Income of 9.2 M, Depreciation And Amortization of 11.1 M or Interest Expense of 1.5 M can show how well Cytek Biosciences performed in making a profits. Evaluating Cytek Biosciences income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Cytek Biosciences's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Cytek Biosciences 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 Cytek Biosciences is a good buy for the upcoming year.
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About Cytek Income Statement Analysis
Cytek Biosciences 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 Cytek Biosciences shareholders. The income statement also shows Cytek 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).
Cytek Biosciences Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Cytek Biosciences 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 Cytek Biosciences minus its cost of goods sold. It is profit before Cytek Biosciences 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 Cytek Biosciences' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Cytek Biosciences 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 Cytek Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For information on how to trade Cytek Stock refer to our How to Trade Cytek Stock guide.At present, Cytek Biosciences' Net Interest Income is projected to increase significantly based on the last few years of reporting. The current year's Interest Income is expected to grow to about 9.2 M, whereas Tax Provision is forecasted to decline to (1.7 M).
2022 | 2023 | 2024 | 2025 (projected) | Depreciation And Amortization | 5.7M | 9.2M | 10.6M | 11.1M | Interest Income | 4.6M | 7.6M | 8.7M | 9.2M |
Cytek Biosciences income statement Correlations
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Cytek Biosciences Account Relationship Matchups
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Cytek Biosciences income statement Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Tax Provision | (5.0M) | 1.5M | (1.2M) | (1.8M) | (1.6M) | (1.7M) | |
Net Interest Income | (223K) | (1.7M) | 2.0M | 5.2M | 6.0M | 6.3M | |
Interest Income | 110K | 49K | 4.6M | 7.6M | 8.7M | 9.2M | |
Depreciation And Amortization | 603K | 1.2M | 5.7M | 9.2M | 10.6M | 11.1M | |
Interest Expense | 333K | 1.7M | 2.6M | 2.1M | 2.4M | 1.5M | |
Selling General Administrative | 9.4M | 20.8M | 34.7M | 42.5M | 48.8M | 25.1M | |
Selling And Marketing Expenses | 15.0M | 24.7M | 33.2M | 49.1M | 56.5M | 29.1M | |
Total Revenue | 92.8M | 128.0M | 164.0M | 193.0M | 222.0M | 139.9M | |
Gross Profit | 51.7M | 79.1M | 101.0M | 109.4M | 125.8M | 81.4M | |
Other Operating Expenses | 79.2M | 118.8M | 165.8M | 220.9M | 254.0M | 140.8M | |
Operating Income | 13.7M | 6.4M | (1.8M) | (27.8M) | (25.1M) | (23.8M) | |
Net Income From Continuing Ops | 19.4M | 4.4M | 2.5M | (13.9M) | (12.5M) | (11.9M) | |
Ebit | 14.8M | 9.2M | 3.8M | (13.6M) | (12.3M) | (11.7M) | |
Research Development | 13.7M | 24.4M | 34.9M | 44.2M | 50.8M | 27.7M | |
Ebitda | 15.4M | 10.4M | 9.5M | (4.4M) | (4.0M) | (3.8M) | |
Cost Of Revenue | 41.1M | 48.8M | 63.1M | 83.6M | 96.1M | 58.5M | |
Total Operating Expenses | 38.1M | 70.0M | 102.8M | 137.3M | 157.9M | 82.3M | |
Reconciled Depreciation | 603K | 1.2M | 5.7M | 8.7M | 10.0M | 10.5M | |
Income Before Tax | 14.4M | 5.9M | 1.3M | (15.7M) | (14.1M) | (13.4M) | |
Total Other Income Expense Net | 771K | (3.2M) | 3.1M | 12.1M | 14.0M | 14.7M | |
Net Income | 19.4M | 4.4M | 2.6M | (12.1M) | (10.9M) | (10.4M) | |
Income Tax Expense | (5.0M) | 1.5M | (1.2M) | (3.6M) | (3.2M) | (3.0M) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cytek Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For information on how to trade Cytek Stock refer to our How to Trade Cytek Stock guide.You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Health Care Equipment & Supplies 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 Cytek Biosciences. If investors know Cytek 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 Cytek Biosciences 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 0.658 | Earnings Share (0.08) | Revenue Per Share | Quarterly Revenue Growth 0.073 | Return On Assets |
The market value of Cytek Biosciences is measured differently than its book value, which is the value of Cytek that is recorded on the company's balance sheet. Investors also form their own opinion of Cytek Biosciences' value that differs from its market value or its book value, called intrinsic value, which is Cytek Biosciences' 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 Cytek Biosciences' market value can be influenced by many factors that don't directly affect Cytek Biosciences' 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 Cytek Biosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cytek Biosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cytek Biosciences' 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.