Elutia Historical Income Statement

ELUT Stock   4.12  0.28  6.36%   
Historical analysis of Elutia income statement accounts such as Selling General Administrative of 12.8 M or Total Revenue of 29.1 M can show how well Elutia Inc performed in making a profits. Evaluating Elutia income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Elutia's future profits or losses.
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Elutia 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 Elutia Inc 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 Elutia 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 employment.

About Elutia Income Statement Analysis

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

Elutia Income Statement Chart

At this time, Elutia's Selling And Marketing Expenses is comparatively stable compared to the past year.

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.

Total Revenue

Total revenue comprises all receipts Elutia Inc 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 Elutia Inc minus its cost of goods sold. It is profit before Elutia 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 Elutia's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Elutia 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elutia 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 employment.
At this time, Elutia's Selling And Marketing Expenses is comparatively stable compared to the past year.
 2021 2022 2023 2024 (projected)
Gross Profit19.0M11.6M11.1M13.1M
Total Revenue47.4M23.8M24.7M29.1M

Elutia income statement Correlations

0.02-0.07-0.40.08-0.13-0.44-0.31-0.290.79-0.310.25-0.21-0.38-0.31-0.12-0.341.0-0.320.150.55
0.02-0.980.610.540.540.60.740.66-0.20.660.510.780.80.710.780.70.020.820.90.72
-0.07-0.98-0.52-0.38-0.39-0.46-0.62-0.530.07-0.53-0.36-0.71-0.69-0.58-0.68-0.58-0.07-0.7-0.87-0.65
-0.40.61-0.520.530.60.830.850.83-0.790.850.460.950.540.850.920.87-0.40.630.430.17
0.080.54-0.380.530.970.830.840.88-0.420.870.980.670.530.860.770.830.080.730.710.74
-0.130.54-0.390.60.970.910.90.94-0.570.930.910.710.580.920.780.9-0.130.780.710.63
-0.440.6-0.460.830.830.910.980.99-0.820.990.730.860.70.990.880.99-0.440.840.620.39
-0.310.74-0.620.850.840.90.980.99-0.710.990.760.920.741.00.941.0-0.310.880.750.52
-0.290.66-0.530.830.880.940.990.99-0.731.00.80.890.671.00.920.99-0.290.840.70.51
0.79-0.20.07-0.79-0.42-0.57-0.82-0.71-0.73-0.74-0.29-0.64-0.49-0.73-0.61-0.750.79-0.56-0.10.19
-0.310.66-0.530.850.870.930.990.991.0-0.740.790.90.671.00.931.0-0.310.830.690.49
0.250.51-0.360.460.980.910.730.760.8-0.290.790.610.460.780.730.750.250.660.680.8
-0.210.78-0.710.950.670.710.860.920.89-0.640.90.610.620.910.990.92-0.210.730.680.44
-0.380.8-0.690.540.530.580.70.740.67-0.490.670.460.620.720.620.72-0.380.960.660.48
-0.310.71-0.580.850.860.920.991.01.0-0.731.00.780.910.720.931.0-0.310.870.720.51
-0.120.78-0.680.920.770.780.880.940.92-0.610.930.730.990.620.930.94-0.120.760.710.54
-0.340.7-0.580.870.830.90.991.00.99-0.751.00.750.920.721.00.94-0.340.860.70.48
1.00.02-0.07-0.40.08-0.13-0.44-0.31-0.290.79-0.310.25-0.21-0.38-0.31-0.12-0.34-0.320.150.55
-0.320.82-0.70.630.730.780.840.880.84-0.560.830.660.730.960.870.760.86-0.320.770.59
0.150.9-0.870.430.710.710.620.750.7-0.10.690.680.680.660.720.710.70.150.770.86
0.550.72-0.650.170.740.630.390.520.510.190.490.80.440.480.510.540.480.550.590.86
Click cells to compare fundamentals

Elutia Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Elutia Stock Analysis

When running Elutia's price analysis, check to measure Elutia's 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 Elutia is operating at the current time. Most of Elutia's value examination focuses on studying past and present price action to predict the probability of Elutia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elutia's price. Additionally, you may evaluate how the addition of Elutia to your portfolios can decrease your overall portfolio volatility.