District Historical Income Statement
| DMX Stock | CAD 0.38 0.01 2.70% |
Historical analysis of District Metals income statement accounts such as Total Operating Expenses of 1.9 M or Income Tax Expense of 8 M can show how well District Metals Corp performed in making a profits. Evaluating District Metals income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of District Metals's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining District Metals 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 District Metals Corp is a good buy for the upcoming year.
District |
About District Income Statement Analysis
District Metals 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 District Metals shareholders. The income statement also shows District 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).
District Metals Income Statement Chart
Add Fundamental
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of District Metals Corp. It is also known as District Metals 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.Gross Profit
Gross profit is a required income statement account that reflects total revenue of District Metals Corp minus its cost of goods sold. It is profit before District Metals 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 District Metals' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into District Metals 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in District Metals 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 board of governors. At this time, District Metals' Other Operating Expenses is fairly stable compared to the past year. Total Operating Expenses is likely to climb to about 1.9 M in 2024, whereas Operating Income is likely to drop (1.1 M) in 2024.
| 2023 | 2024 (projected) | Other Operating Expenses | 1.5M | 2.0M | Depreciation And Amortization | 54.3K | 43.4K |
District Metals income statement Correlations
Click cells to compare fundamentals
District Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
District Metals income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Other Operating Expenses | 1.1M | 2.4M | 1.8M | 1.3M | 1.5M | 2.0M | |
| Operating Income | (1.1M) | (2.4M) | (1.8M) | (1.2M) | (1.1M) | (1.1M) | |
| Ebit | (967.7K) | (1.1M) | (2.4M) | (1.8M) | (1.6M) | (1.7M) | |
| Ebitda | (1.1M) | (2.1M) | (1.8M) | (1.2M) | (1.1M) | (1.1M) | |
| Total Operating Expenses | 1.1M | 2.4M | 1.8M | 1.3M | 1.5M | 1.9M | |
| Income Before Tax | (1.1M) | (2.7M) | (1.7M) | (1.3M) | (1.5M) | (1.6M) | |
| Net Income | (1.1M) | (2.7M) | (1.7M) | (1.3M) | (1.2M) | (1.2M) | |
| Selling General Administrative | 1.1M | 2.4M | 1.8M | 1.1M | 974.1K | 1.0M | |
| Selling And Marketing Expenses | 33.2K | 578.8K | 301.8K | 122.5K | 140.9K | 194.3K | |
| Net Income Applicable To Common Shares | (967.7K) | (1.1M) | (2.7M) | (1.7M) | (1.6M) | (1.6M) | |
| Net Income From Continuing Ops | (1.1M) | (2.7M) | (1.7M) | (1.3M) | (1.2M) | (1.2M) |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for District Stock Analysis
When running District Metals' price analysis, check to measure District Metals' 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 District Metals is operating at the current time. Most of District Metals' value examination focuses on studying past and present price action to predict the probability of District Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move District Metals' price. Additionally, you may evaluate how the addition of District Metals to your portfolios can decrease your overall portfolio volatility.