Evolution Historical Income Statement

EPM Stock  USD 5.86  0.24  3.93%   
Historical analysis of Evolution Petroleum income statement accounts such as Selling General Administrative of 9.2 M or Total Revenue of 90.2 M can show how well Evolution Petroleum performed in making a profits. Evaluating Evolution Petroleum income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Evolution Petroleum's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Evolution Petroleum 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 Evolution Petroleum 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 Evolution Petroleum. 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.
To learn how to invest in Evolution Stock, please use our How to Invest in Evolution Petroleum guide.

About Evolution Income Statement Analysis

Evolution Petroleum 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 Evolution Petroleum shareholders. The income statement also shows Evolution 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).

Evolution Petroleum Income Statement Chart

At this time, Evolution Petroleum's Income Before Tax is very stable compared to the past year. As of the 25th of November 2024, Net Income is likely to grow to about 5.9 M, while Gross Profit is likely to drop about 13.1 M.

Total Revenue

Total revenue comprises all receipts Evolution Petroleum 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 Evolution Petroleum minus its cost of goods sold. It is profit before Evolution Petroleum 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 Evolution Petroleum. It is also known as Evolution Petroleum 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.

Operating Income

Operating Income is the amount of profit realized from Evolution Petroleum 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 Evolution Petroleum 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.

Cost Of Revenue

Cost of Revenue is found on Evolution Petroleum income statement and represents the costs associated with goods and services Evolution Petroleum provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most accounts from Evolution Petroleum's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Evolution Petroleum 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 Evolution Petroleum. 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.
To learn how to invest in Evolution Stock, please use our How to Invest in Evolution Petroleum guide.At this time, Evolution Petroleum's Income Before Tax is very stable compared to the past year. As of the 25th of November 2024, Net Income is likely to grow to about 5.9 M, while Gross Profit is likely to drop about 13.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit52.2M54.7M19.0M13.1M
Total Revenue108.9M128.5M85.9M90.2M

Evolution Petroleum income statement Correlations

0.93-0.250.80.330.930.290.30.590.240.24-0.150.250.130.480.920.20.60.080.0-0.57-0.870.94
0.93-0.170.690.180.860.140.170.460.290.1-0.250.080.070.390.840.040.530.04-0.04-0.32-0.980.96
-0.25-0.17-0.21-0.07-0.25-0.07-0.04-0.120.11-0.06-0.04-0.10.050.04-0.26-0.14-0.180.02-0.070.380.12-0.14
0.80.69-0.210.810.950.780.710.870.390.6-0.240.610.430.430.960.570.60.37-0.11-0.55-0.680.72
0.330.18-0.070.810.590.990.90.870.40.79-0.20.80.580.320.610.760.370.52-0.16-0.37-0.210.23
0.930.86-0.250.950.590.560.50.740.380.41-0.240.410.280.411.00.370.640.23-0.07-0.54-0.840.88
0.290.14-0.070.780.990.560.90.860.310.76-0.250.780.540.30.580.750.410.48-0.22-0.39-0.150.18
0.30.17-0.040.710.90.50.90.950.250.91-0.110.910.70.260.520.890.220.66-0.07-0.26-0.170.24
0.590.46-0.120.870.870.740.860.950.290.85-0.150.860.640.390.750.820.390.58-0.06-0.42-0.450.52
0.240.290.110.390.40.380.310.250.290.09-0.310.090.090.090.350.070.240.1-0.240.21-0.390.4
0.240.1-0.060.60.790.410.760.910.850.090.310.980.840.260.430.96-0.070.790.35-0.33-0.10.16
-0.15-0.25-0.04-0.24-0.2-0.24-0.25-0.11-0.15-0.310.310.260.40.0-0.220.27-0.710.390.97-0.160.24-0.21
0.250.08-0.10.610.80.410.780.910.860.090.980.260.730.280.430.980.020.680.3-0.4-0.080.14
0.130.070.050.430.580.280.540.70.640.090.840.40.730.120.30.72-0.380.980.44-0.04-0.120.14
0.480.390.040.430.320.410.30.260.390.090.260.00.280.120.410.090.27-0.040.07-0.4-0.330.34
0.920.84-0.260.960.611.00.580.520.750.350.43-0.220.430.30.410.40.640.25-0.06-0.58-0.820.86
0.20.04-0.140.570.760.370.750.890.820.070.960.270.980.720.090.4-0.010.710.3-0.37-0.040.1
0.60.53-0.180.60.370.640.410.220.390.24-0.07-0.710.02-0.380.270.64-0.01-0.42-0.64-0.47-0.460.51
0.080.040.020.370.520.230.480.660.580.10.790.390.680.98-0.040.250.71-0.420.430.04-0.10.12
0.0-0.04-0.07-0.11-0.16-0.07-0.22-0.07-0.06-0.240.350.970.30.440.07-0.060.3-0.640.43-0.190.03-0.04
-0.57-0.320.38-0.55-0.37-0.54-0.39-0.26-0.420.21-0.33-0.16-0.4-0.04-0.4-0.58-0.37-0.470.04-0.190.24-0.29
-0.87-0.980.12-0.68-0.21-0.84-0.15-0.17-0.45-0.39-0.10.24-0.08-0.12-0.33-0.82-0.04-0.46-0.10.030.24-0.94
0.940.96-0.140.720.230.880.180.240.520.40.16-0.210.140.140.340.860.10.510.12-0.04-0.29-0.94
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Evolution Petroleum Account Relationship Matchups

Evolution Petroleum income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization5.8M5.2M8.1M14.3M20.1M21.1M
Interest Expense110.8K103.0K572K458K1.5M1.5M
Selling General Administrative5.3M6.8M6.8M9.6M9.6M9.2M
Total Revenue29.6M32.7M108.9M128.5M85.9M90.2M
Gross Profit10.5M11.2M52.2M54.7M19.0M13.1M
Other Operating Expenses24.5M28.5M63.5M83.4M78.0M81.9M
Operating Income5.3M4.2M45.4M45.1M7.9M6.2M
Ebit5.3M(21.3M)41.6M45.1M7.9M8.3M
Ebitda11.0M(16.2M)49.7M59.4M28.0M29.4M
Total Operating Expenses5.4M7.0M6.8M9.6M9.6M5.7M
Income Before Tax3.8M(21.4M)41.1M45.3M5.5M9.2M
Total Other Income Expense Net(1.5M)(678K)(4.2M)176K(2.4M)(2.3M)
Net Income5.9M(16.4M)32.6M35.2M4.1M5.9M
Income Tax Expense(2.2M)(5.0M)8.5M10.1M1.4M2.3M
Cost Of Revenue19.1M21.5M56.7M73.8M66.9M70.2M
Net Income Applicable To Common Shares5.9M(16.4M)32.6M35.2M40.5M42.5M
Net Income From Continuing Ops5.9M(16.4M)32.6M35.2M4.1M3.9M
Tax Provision(2.2M)(5.0M)8.5M10.1M1.4M2.5M
Interest Income66.6K39.4K95K176K342K362.1K
Net Interest Income66.6K(63.6K)(477K)(337K)(1.1M)(1.1M)
Reconciled Depreciation5.8M5.2M8.1M14.3M20.1M21.1M

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When determining whether Evolution Petroleum is a strong investment it is important to analyze Evolution Petroleum's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Evolution Petroleum's future performance. For an informed investment choice regarding Evolution Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evolution Petroleum. 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.
To learn how to invest in Evolution Stock, please use our How to Invest in Evolution Petroleum guide.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Evolution Petroleum. If investors know Evolution will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Evolution Petroleum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.5
Dividend Share
0.48
Earnings Share
0.14
Revenue Per Share
2.665
Quarterly Revenue Growth
0.063
The market value of Evolution Petroleum is measured differently than its book value, which is the value of Evolution that is recorded on the company's balance sheet. Investors also form their own opinion of Evolution Petroleum's value that differs from its market value or its book value, called intrinsic value, which is Evolution Petroleum's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Evolution Petroleum's market value can be influenced by many factors that don't directly affect Evolution Petroleum's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Evolution Petroleum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Evolution Petroleum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evolution Petroleum's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.