Empire Historical Income Statement

EEE Stock   6.05  0.05  0.82%   
Historical analysis of Empire Metals income statement accounts such as Other Operating Expenses of 2.9 M or Total Operating Expenses of 2.9 M can show how well Empire Metals Limited performed in making a profits. Evaluating Empire Metals income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Empire Metals's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Empire Metals Limited 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 Empire Metals Limited 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 Empire Metals Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

About Empire Income Statement Analysis

Empire Metals Limited 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 Empire Metals shareholders. The income statement also shows Empire 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).

Empire Metals Income Statement Chart

At present, Empire Metals' Total Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 1.8 M, whereas Interest Expense is forecasted to decline to about 662.7 K.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Other Operating Expenses

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

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Empire Metals Limited whose combined shares represent less than 50% of the total outstanding shares issued by Empire Metals have a minority interest in Empire Metals.
Most accounts from Empire Metals' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Empire Metals Limited 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 Empire Metals Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At present, Empire Metals' Total Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 1.8 M, whereas Interest Expense is forecasted to decline to about 662.7 K.
 2021 2023 2024 (projected)
Reconciled Depreciation1.4K23.3K12.5K
Discontinued Operations1.8M2.0M2.1M

Empire Metals income statement Correlations

-0.13-0.27-0.09-0.180.63-0.270.03-0.180.04-0.17-0.1-0.06-0.02-0.19-0.12-0.18-0.160.22
-0.130.12-0.670.03-0.080.12-0.93-0.88-0.930.230.990.670.630.4-0.19-0.57-0.190.08
-0.270.12-0.54-0.85-0.881.0-0.4-0.15-0.390.940.04-0.09-0.220.560.760.290.76-0.36
-0.09-0.67-0.540.490.32-0.540.860.60.86-0.7-0.66-0.55-0.44-0.65-0.210.37-0.17-0.02
-0.180.03-0.850.490.65-0.850.310.210.3-0.790.080.240.36-0.5-0.74-0.32-0.670.28
0.63-0.08-0.880.320.65-0.880.270.030.26-0.76-0.010.140.27-0.54-0.68-0.39-0.650.4
-0.270.121.0-0.54-0.85-0.88-0.4-0.15-0.390.940.04-0.09-0.220.560.760.290.76-0.36
0.03-0.93-0.40.860.310.27-0.40.881.0-0.5-0.91-0.63-0.54-0.56-0.050.46-0.040.02
-0.18-0.88-0.150.60.210.03-0.150.880.88-0.22-0.86-0.51-0.47-0.350.080.410.070.04
0.04-0.93-0.390.860.30.26-0.391.00.88-0.5-0.91-0.65-0.57-0.56-0.040.45-0.040.03
-0.170.230.94-0.7-0.79-0.760.94-0.5-0.22-0.50.180.08-0.080.730.60.160.57-0.18
-0.10.990.04-0.660.08-0.010.04-0.91-0.86-0.910.180.690.640.42-0.29-0.62-0.30.18
-0.060.67-0.09-0.550.240.14-0.09-0.63-0.51-0.650.080.690.980.32-0.35-0.35-0.26-0.07
-0.020.63-0.22-0.440.360.27-0.22-0.54-0.47-0.57-0.080.640.980.14-0.39-0.39-0.29-0.08
-0.190.40.56-0.65-0.5-0.540.56-0.56-0.35-0.560.730.420.320.140.070.08-0.010.11
-0.12-0.190.76-0.21-0.74-0.680.76-0.050.08-0.040.6-0.29-0.35-0.390.070.340.95-0.47
-0.18-0.570.290.37-0.32-0.390.290.460.410.450.16-0.62-0.35-0.390.080.340.46-0.67
-0.16-0.190.76-0.17-0.67-0.650.76-0.040.07-0.040.57-0.3-0.26-0.29-0.010.950.46-0.67
0.220.08-0.36-0.020.280.4-0.360.020.040.03-0.180.18-0.07-0.080.11-0.47-0.67-0.67
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Empire Metals Account Relationship Matchups

Empire Metals income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization16.2K9.2K1.4K300.023.3K22.2K
Interest Expense170.4K90.6K552.4K606.6K697.6K662.7K
Other Operating Expenses616.7K804.6K1.7M857.9K2.8M2.9M
Operating Income(505.2K)(953.8K)(1.1M)(554.6K)(2.8M)(2.7M)
Ebit(675.6K)(957.5K)(2.3M)(1.2M)(2.8M)(2.7M)
Ebitda(659.4K)(948.3K)(2.3M)(1.2M)(2.8M)(2.6M)
Total Operating Expenses616.7K804.6K1.7M857.6K2.8M2.9M
Income Before Tax(675.6K)(953.8K)(2.3M)(1.2M)(2.8M)(2.9M)
Total Other Income Expense Net(170.4K)3.7K(1.2M)(606.6K)(222.9K)(234.0K)
Net Income(998.4K)(955.3K)(2.3M)(1.2M)(2.8M)(2.9M)
Selling General Administrative529.2K531.5K559.9K416.4K1.7M1.8M
Income Tax Expense322.8K1.6K11.2K1.5K1.5K1.4K
Gross Profit95.3K(8.0K)(1.4K)(300.0)(23.3K)(22.2K)
Cost Of Revenue16.2K9.2K1.4K300.023.3K13.8K
Net Income Applicable To Common Shares(675.6K)(573.0K)(589.3K)(1.2M)(1.3M)(1.4M)
Selling And Marketing Expenses80.0K41.3K8.2K318.4K366.1K384.4K
Net Income From Continuing Ops(675.6K)(955.3K)(2.3M)(1.2M)(2.8M)(2.9M)
Reconciled Depreciation16.2K9.2K1.4K300.023.3K12.5K

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Other Information on Investing in Empire Stock

Empire Metals Limited 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 Empire Metals shareholders. The income statement also shows Empire 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).