Empire Historical Income Statement
EP Stock | USD 5.89 0.21 3.70% |
Historical analysis of Empire Petroleum income statement accounts such as Gross Profit of 2.7 M can show how well Empire Petroleum Corp performed in making a profits. Evaluating Empire Petroleum income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Empire Petroleum's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Empire Petroleum 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 Empire Petroleum Corp is a good buy for the upcoming year.
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About Empire Income Statement Analysis
Empire Petroleum 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 Empire Petroleum 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 Petroleum Income Statement Chart
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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.Net Income Applicable To Common Shares
The net income that remains after preferred dividends have been deducted, available to common shareholders.Most accounts from Empire Petroleum's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Empire Petroleum 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 Empire Petroleum 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 american community survey. At this time, Empire Petroleum's Depreciation And Amortization is relatively stable compared to the past year. As of 11/25/2024, Total Revenue is likely to grow to about 42.1 M, though EBIT is likely to grow to (11 M).
Empire Petroleum income statement Correlations
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Empire Petroleum Account Relationship Matchups
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Empire Petroleum income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 3.4M | 4.0M | 3.9M | 3.6M | 3.5M | 3.7M | |
Total Revenue | 5.8M | 6.0M | 28.5M | 53.3M | 40.1M | 42.1M | |
Gross Profit | 2.1M | 2.5M | 23.9M | 23.8M | 3.6M | 2.7M | |
Other Operating Expenses | 12.0M | 16.6M | 28.4M | 43.2M | 51.7M | 54.3M | |
Operating Income | (6.2M) | (10.7M) | 522.0K | 8.8M | (11.6M) | (12.2M) | |
Ebit | (6.2M) | (16.3M) | (10.0M) | 9.5M | (11.6M) | (11.0M) | |
Ebitda | (2.8M) | (12.3M) | (6.2M) | 13.0M | (8.1M) | (7.7M) | |
Cost Of Revenue | 3.7M | 3.5M | 4.6M | 29.5M | 36.5M | 38.3M | |
Total Operating Expenses | 8.3M | 13.2M | 23.8M | 13.7M | 48.7M | 51.1M | |
Income Before Tax | (6.7M) | (16.8M) | (18.6M) | 7.3M | (12.6M) | (13.2M) | |
Total Other Income Expense Net | (470.0K) | 747.6K | (18.1M) | (1.5M) | (976.7K) | (1.0M) | |
Net Income | (7.2M) | (17.4M) | (27.6M) | 7.1M | (12.5M) | (13.1M) | |
Income Tax Expense | 503.6K | 521.2K | 9.0M | 208.9K | (132.2K) | (125.6K) | |
Interest Expense | 503.6K | 521.2K | 8.6M | 509.5K | 1.0M | 601.3K | |
Selling General Administrative | 3.6M | 7.4M | 8.5M | 12.3M | 15.2M | 15.9M | |
Interest Income | 503.6K | 521.2K | 13.1M | 509.5K | 586.0K | 556.7K | |
Net Income Applicable To Common Shares | (6.7M) | (16.8M) | (18.6M) | 7.1M | 6.4M | 6.7M | |
Net Interest Income | (503.6K) | (521.2K) | (8.6M) | (509.5K) | (833.8K) | (875.4K) | |
Net Income From Continuing Ops | (6.7M) | (16.8M) | (18.6M) | 7.1M | (10.0M) | (10.5M) | |
Reconciled Depreciation | 3.4M | 3.1M | 2.5M | 2.2M | 3.0M | 2.6M |
Additional Tools for Empire Stock Analysis
When running Empire Petroleum's price analysis, check to measure Empire Petroleum'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 Empire Petroleum is operating at the current time. Most of Empire Petroleum's value examination focuses on studying past and present price action to predict the probability of Empire Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Empire Petroleum's price. Additionally, you may evaluate how the addition of Empire Petroleum to your portfolios can decrease your overall portfolio volatility.