Durect Historical Income Statement

DRRX Stock  USD 1.01  0.15  17.44%   
Historical analysis of Durect income statement accounts such as Total Revenue of 8.1 M or Gross Profit of 6.5 M can show how well Durect performed in making a profits. Evaluating Durect income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Durect's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Durect 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 Durect is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Durect. 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 more information on how to buy Durect Stock please use our How to Invest in Durect guide.

About Durect Income Statement Analysis

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

Durect Income Statement Chart

At this time, Durect's Other Operating Expenses is fairly stable compared to the past year. Research Development is likely to rise to about 30.6 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 140.6 K in 2024.

Total Revenue

Total revenue comprises all receipts Durect 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 Durect minus its cost of goods sold. It is profit before Durect 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.

Other Operating Expenses

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

Net Income Applicable To Common Shares

The net income that remains after preferred dividends have been deducted, available to common shareholders.
Most accounts from Durect's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Durect 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 Durect. 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 more information on how to buy Durect Stock please use our How to Invest in Durect guide.At this time, Durect's Other Operating Expenses is fairly stable compared to the past year. Research Development is likely to rise to about 30.6 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 140.6 K in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit12.0M17.7M6.8M6.5M
Total Revenue14.0M19.3M8.5M8.1M

Durect income statement Correlations

-0.510.590.560.060.540.46-0.030.480.54-0.020.420.11-0.20.54-0.120.360.57-0.44-0.06-0.470.360.53
-0.51-0.11-0.120.54-0.51-0.480.59-0.48-0.040.58-0.480.02-0.23-0.220.35-0.18-0.490.56-0.240.47-0.18-0.6
0.59-0.110.990.350.730.70.250.710.590.270.68-0.1-0.410.910.040.360.81-0.2-0.25-0.280.360.31
0.56-0.120.990.320.750.730.250.730.490.260.71-0.15-0.350.90.030.340.82-0.16-0.23-0.240.340.26
0.060.540.350.32-0.38-0.360.97-0.350.350.99-0.380.09-0.620.180.65-0.18-0.250.42-0.090.38-0.18-0.41
0.54-0.510.730.75-0.380.96-0.450.960.32-0.450.95-0.170.040.77-0.420.450.98-0.49-0.16-0.530.450.6
0.46-0.480.70.73-0.360.96-0.431.00.22-0.410.98-0.170.040.8-0.220.20.97-0.270.05-0.290.20.47
-0.030.590.250.250.97-0.45-0.43-0.420.180.99-0.440.06-0.470.040.59-0.18-0.350.49-0.110.43-0.18-0.51
0.48-0.480.710.73-0.350.961.0-0.420.23-0.410.98-0.160.040.81-0.220.210.97-0.280.05-0.30.210.48
0.54-0.040.590.490.350.320.220.180.230.20.160.26-0.660.550.080.350.38-0.39-0.27-0.420.350.55
-0.020.580.270.260.99-0.45-0.410.99-0.410.2-0.420.05-0.520.090.65-0.21-0.320.49-0.070.45-0.21-0.53
0.42-0.480.680.71-0.380.950.98-0.440.980.16-0.42-0.370.060.78-0.250.230.95-0.310.0-0.330.230.47
0.110.02-0.1-0.150.09-0.17-0.170.06-0.160.260.05-0.370.01-0.150.07-0.07-0.170.120.170.09-0.07-0.01
-0.2-0.23-0.41-0.35-0.620.040.04-0.470.04-0.66-0.520.060.01-0.49-0.550.11-0.10.050.120.060.11-0.11
0.54-0.220.910.90.180.770.80.040.810.550.090.78-0.15-0.490.210.150.86-0.17-0.01-0.20.150.33
-0.120.350.040.030.65-0.42-0.220.59-0.220.080.65-0.250.07-0.550.21-0.73-0.260.670.520.73-0.73-0.52
0.36-0.180.360.34-0.180.450.2-0.180.210.35-0.210.23-0.070.110.15-0.730.36-0.73-0.68-0.811.00.48
0.57-0.490.810.82-0.250.980.97-0.350.970.38-0.320.95-0.17-0.10.86-0.260.36-0.41-0.1-0.450.360.55
-0.440.56-0.2-0.160.42-0.49-0.270.49-0.28-0.390.49-0.310.120.05-0.170.67-0.73-0.410.540.98-0.73-0.84
-0.06-0.24-0.25-0.23-0.09-0.160.05-0.110.05-0.27-0.070.00.170.12-0.010.52-0.68-0.10.540.62-0.68-0.27
-0.470.47-0.28-0.240.38-0.53-0.290.43-0.3-0.420.45-0.330.090.06-0.20.73-0.81-0.450.980.62-0.81-0.82
0.36-0.180.360.34-0.180.450.2-0.180.210.35-0.210.23-0.070.110.15-0.731.00.36-0.73-0.68-0.810.48
0.53-0.60.310.26-0.410.60.47-0.510.480.55-0.530.47-0.01-0.110.33-0.520.480.55-0.84-0.27-0.820.48
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Durect Account Relationship Matchups

Durect income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization1.1M297K132K150K148K140.6K
Interest Expense2.5M2.2M2.1M2.4M2.8M1.9M
Total Revenue29.6M30.1M14.0M19.3M8.5M8.1M
Gross Profit25.4M28.7M12.0M17.7M6.8M6.5M
Other Operating Expenses48.7M42.7M48.3M54.4M45.4M49.1M
Operating Income(19.2M)(12.6M)(34.3M)(35.1M)(36.9M)(38.7M)
Ebit(19.2M)(12.1M)(34.1M)(32.9M)(24.8M)(26.1M)
Research Development30.2M27.7M31.8M36.9M29.4M30.6M
Ebitda(18.1M)(11.8M)(34.0M)(32.8M)(24.7M)(25.9M)
Cost Of Revenue4.1M1.4M2.0M1.6M1.7M1.6M
Total Operating Expenses44.6M41.3M46.3M52.8M43.7M45.3M
Net Income(22.8M)(2.5M)(38.1M)(35.6M)(27.6M)(29.0M)
Income Tax Expense2.2M(11.8M)1.9M251K(19.9K)(20.9K)
Selling General Administrative14.4M13.6M14.4M15.9M16.1M11.6M
Income Before Tax(20.6M)(14.3M)(36.3M)(35.3M)(27.6M)(29.0M)
Total Other Income Expense Net(1.4M)(1.7M)(2.0M)(251K)9.3M9.7M
Net Income From Continuing Ops(20.6M)(14.3M)(36.3M)(35.3M)(36.7M)(34.8M)
Non Operating Income Net Other1.1M517K156K2.1M2.5M2.6M
Net Income Applicable To Common Shares(20.6M)(582K)(36.3M)(35.3M)(31.8M)(30.2M)
Interest Income1.1M517K156K2.1M3.4M3.5M
Net Interest Income(1.4M)(1.7M)(2.0M)(251K)535K561.8K
Reconciled Depreciation291K297K288K119K164K211.4K

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