Ethernity Historical Income Statement

ENET Stock   0.12  0.01  7.69%   
Historical analysis of Ethernity Networks income statement accounts such as Selling General Administrative of 463.8 K or Selling And Marketing Expenses of 75.4 K can show how well Ethernity Networks performed in making a profits. Evaluating Ethernity Networks income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Ethernity Networks's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Ethernity Networks 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 Ethernity Networks 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 Ethernity Networks. 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.

About Ethernity Income Statement Analysis

Ethernity Networks 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 Ethernity Networks shareholders. The income statement also shows Ethernity 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).

Ethernity Networks Income Statement Chart

Interest Expense is likely to gain to about 297 K in 2024, whereas Depreciation And Amortization is likely to drop slightly above 768.3 K in 2024.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Total Revenue

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

Operating Income

Operating Income is the amount of profit realized from Ethernity Networks operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Ethernity Networks is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Ethernity Networks financial statement analysis. It represents the amount of money remaining after all of Ethernity Networks operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most accounts from Ethernity Networks' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Ethernity Networks 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 Ethernity Networks. 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.
Interest Expense is likely to gain to about 297 K in 2024, whereas Depreciation And Amortization is likely to drop slightly above 768.3 K in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense62.3K262.4K282.8K297.0K
Depreciation And Amortization1.2M1.4M1.4M768.3K

Ethernity Networks income statement Correlations

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0.580.27-0.080.670.690.52-0.59-0.53-0.530.57-0.510.340.47-0.55-0.15-0.530.290.19-0.9-0.650.64
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0.790.690.390.030.750.79-0.67-0.74-0.750.79-0.730.180.76-0.76-0.67-0.740.380.26-0.84-0.760.8
0.930.520.780.460.510.79-0.95-0.98-0.980.97-0.980.020.99-0.98-0.6-0.980.720.51-0.75-0.560.94
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-0.92-0.51-0.78-0.5-0.41-0.73-0.980.961.01.0-0.920.09-0.991.00.631.0-0.73-0.580.730.52-0.93
-0.150.34-0.38-0.680.780.180.020.050.110.10.180.09-0.10.080.170.11-0.33-0.68-0.32-0.44-0.1
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-0.49-0.15-0.22-0.1-0.31-0.67-0.60.40.60.61-0.460.630.17-0.620.610.6-0.13-0.260.380.44-0.51
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0.80.290.820.670.020.380.72-0.83-0.77-0.750.72-0.73-0.330.75-0.75-0.13-0.770.64-0.42-0.170.79
0.660.190.730.88-0.290.260.51-0.61-0.62-0.60.36-0.58-0.680.59-0.59-0.26-0.620.64-0.210.20.62
-0.72-0.9-0.450.0-0.74-0.84-0.750.760.740.74-0.810.73-0.32-0.710.750.380.74-0.42-0.210.84-0.77
-0.47-0.65-0.140.36-0.78-0.76-0.560.480.510.52-0.670.52-0.44-0.50.530.440.51-0.170.20.84-0.53
0.990.640.760.480.440.80.94-0.95-0.96-0.960.9-0.93-0.10.94-0.96-0.51-0.960.790.62-0.77-0.53
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Ethernity Networks Account Relationship Matchups

Ethernity Networks income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization1.0M1.3M1.2M1.4M1.4M768.3K
Interest Expense33.7K38.9K62.3K262.4K282.8K297.0K
Selling General Administrative1.4M1.6M1.7M2.5M488.2K463.8K
Selling And Marketing Expenses1.4M1.1M1.0M1.2M79.4K75.4K
Total Revenue1.3M1.9M2.6M2.9M3.8M2.4M
Gross Profit1.2M1.6M1.9M1.6M2.3M1.5M
Other Operating Expenses6.0M8.2M11.8M10.7M9.1M6.3M
Operating Income(4.5M)(5.1M)(6.3M)(8.7M)(5.3M)(5.0M)
Net Income From Continuing Ops(5.2M)(6.3M)(9.4M)(8.0M)(6.4M)(6.0M)
Ebit(4.5M)(6.2M)(9.1M)(7.7M)(6.1M)(5.8M)
Research Development2.9M4.0M5.6M6.6M5.2M3.0M
Ebitda(3.5M)(5.0M)(7.9M)(6.3M)(4.7M)(4.9M)
Cost Of Revenue193.0K271.5K690.5K1.3M1.4M848.3K
Total Operating Expenses5.8M7.9M11.1M9.4M7.6M5.5M
Income Before Tax(4.5M)(6.3M)(9.2M)(8.0M)(6.4M)(6.0M)
Total Other Income Expense Net(5.3K)(1.2M)(2.8M)694.3K(1.1M)(1.0M)
Net Income Applicable To Common Shares(2.5M)(5.2M)(6.3M)(9.4M)(8.4M)(8.0M)
Net Income(5.2M)(6.3M)(9.4M)(8.0M)(6.4M)(6.0M)
Income Tax Expense613.2K902.3K186.8K841.5K274.3K249.4K
Net Interest Income54.6K24.2K(181.2K)(340.9K)(282.6K)(268.5K)
Interest Income88.3K63.1K41.01.5K226.0214.7
Reconciled Depreciation1.0M1.3M1.2M1.4M1.4M1.1M

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