EQR Historical Income Statement

EQR Stock

0.05 0 1.82%

Historical analysis of EQ Resources income statement accounts such as Selling And Marketing Expenses of 6.7 M or Total Revenue of 27.8 M can show how well EQ Resources performed in making a profits. Evaluating EQ Resources income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of EQ Resources's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining EQ Resources 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 EQ Resources is a good buy for the upcoming year.

Net Income Gross Profit

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EQ Resources. 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 EQR Income Statement Analysis

EQ Resources 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 EQ Resources shareholders. The income statement also shows EQR 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).

EQ Resources Income Statement Chart

At this time, EQ Resources' Research Development is comparatively stable compared to the past year. Interest Income is likely to gain to about 2.1 M in 2024, despite the fact that EBIT is likely to grow to (26.4 M).

Selling And Marketing Expenses Total Revenue Operating Income Interest Expense Cost Of Revenue

Total Revenue

Total revenue comprises all receipts EQ Resources 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.

Operating Income

Operating Income is the amount of profit realized from EQ Resources 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 EQ Resources 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.

Interest Expense

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

Cost Of Revenue

Cost of Revenue is found on EQ Resources income statement and represents the costs associated with goods and services EQ Resources 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 EQ Resources' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into EQ Resources 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 EQ Resources. 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.

	2021	2022	2023	2024 (projected)
Cost Of Revenue	9.4M	12.2M	51.8M	54.4M
Interest Expense	643.2K	1.5M	2.6M	2.8M

Cost Of Revenue Interest Expense

EQ Resources income statement Correlations

	Depreciation And Amortization	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Interest Expense	Cost Of Revenue	Research Development	Interest Income	Net Interest Income	Net Income From Continuing Ops	Reconciled Depreciation
Depreciation And Amortization		0.96	0.39	0.98	-0.98	0.99	-0.97	-0.96	-0.93	0.93	-0.97	-0.32	-0.96	-0.56	0.94	0.98	0.77	0.85	-0.76	0.1	0.76
Selling General Administrative	0.96		0.41	0.98	-0.99	0.98	-0.95	-0.9	-0.86	0.92	-0.93	-0.14	-0.92	-0.52	0.98	0.98	0.8	0.93	-0.88	0.24	0.74
Selling And Marketing Expenses	0.39	0.41		0.36	-0.37	0.4	-0.4	-0.39	-0.39	0.4	-0.39	-0.15	-0.39	-0.15	0.35	0.34	0.1	0.33	-0.31	0.27	0.14
Total Revenue	0.98	0.98	0.36		-0.99	1.0	-0.96	-0.94	-0.9	0.94	-0.96	-0.27	-0.95	-0.53	0.95	1.0	0.78	0.87	-0.79	0.21	0.71
Gross Profit	-0.98	-0.99	-0.37	-0.99		-0.99	0.97	0.93	0.9	-0.93	0.96	0.23	0.95	0.53	-0.97	-0.99	-0.78	-0.91	0.84	-0.22	-0.73
Other Operating Expenses	0.99	0.98	0.4	1.0	-0.99		-0.97	-0.95	-0.92	0.94	-0.97	-0.29	-0.96	-0.54	0.96	0.99	0.77	0.89	-0.8	0.2	0.73
Operating Income	-0.97	-0.95	-0.4	-0.96	0.97	-0.97		0.97	0.96	-0.95	0.99	0.27	0.98	0.58	-0.94	-0.96	-0.78	-0.89	0.81	-0.05	-0.8
Ebit	-0.96	-0.9	-0.39	-0.94	0.93	-0.95	0.97		1.0	-0.97	0.99	0.47	1.0	0.46	-0.86	-0.93	-0.7	-0.79	0.67	0.03	-0.73
Ebitda	-0.93	-0.86	-0.39	-0.9	0.9	-0.92	0.96	1.0		-0.97	0.98	0.52	0.99	0.42	-0.82	-0.9	-0.66	-0.76	0.62	0.07	-0.71
Total Operating Expenses	0.93	0.92	0.4	0.94	-0.93	0.94	-0.95	-0.97	-0.97		-0.96	-0.45	-0.97	-0.33	0.85	0.93	0.7	0.8	-0.68	0.03	0.7
Income Before Tax	-0.97	-0.93	-0.39	-0.96	0.96	-0.97	0.99	0.99	0.98	-0.96		0.39	1.0	0.52	-0.91	-0.96	-0.74	-0.85	0.74	-0.02	-0.76
Total Other Income Expense Net	-0.32	-0.14	-0.15	-0.27	0.23	-0.29	0.27	0.47	0.52	-0.45	0.39		0.44	-0.23	-0.07	-0.25	0.06	0.02	-0.2	0.16	-0.03
Net Income	-0.96	-0.92	-0.39	-0.95	0.95	-0.96	0.98	1.0	0.99	-0.97	1.0	0.44		0.46	-0.88	-0.95	-0.71	-0.82	0.71	-0.02	-0.74
Income Tax Expense	-0.56	-0.52	-0.15	-0.53	0.53	-0.54	0.58	0.46	0.42	-0.33	0.52	-0.23	0.46		-0.6	-0.53	-0.57	-0.54	0.56	-0.09	-0.51
Interest Expense	0.94	0.98	0.35	0.95	-0.97	0.96	-0.94	-0.86	-0.82	0.85	-0.91	-0.07	-0.88	-0.6		0.96	0.8	0.97	-0.93	0.23	0.78
Cost Of Revenue	0.98	0.98	0.34	1.0	-0.99	0.99	-0.96	-0.93	-0.9	0.93	-0.96	-0.25	-0.95	-0.53	0.96		0.8	0.88	-0.81	0.2	0.73
Research Development	0.77	0.8	0.1	0.78	-0.78	0.77	-0.78	-0.7	-0.66	0.7	-0.74	0.06	-0.71	-0.57	0.8	0.8		0.76	-0.72	-0.12	0.82
Interest Income	0.85	0.93	0.33	0.87	-0.91	0.89	-0.89	-0.79	-0.76	0.8	-0.85	0.02	-0.82	-0.54	0.97	0.88	0.76		-0.98	0.16	0.83
Net Interest Income	-0.76	-0.88	-0.31	-0.79	0.84	-0.8	0.81	0.67	0.62	-0.68	0.74	-0.2	0.71	0.56	-0.93	-0.81	-0.72	-0.98		-0.26	-0.76
Net Income From Continuing Ops	0.1	0.24	0.27	0.21	-0.22	0.2	-0.05	0.03	0.07	0.03	-0.02	0.16	-0.02	-0.09	0.23	0.2	-0.12	0.16	-0.26		-0.38
Reconciled Depreciation	0.76	0.74	0.14	0.71	-0.73	0.73	-0.8	-0.73	-0.71	0.7	-0.76	-0.03	-0.74	-0.51	0.78	0.73	0.82	0.83	-0.76	-0.38

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EQ Resources Account Relationship Matchups

EQ Resources income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	219.7K	588.5K	939.6K	1.4M	7.2M	7.5M
Selling General Administrative	2.3M	4.6M	5.7M	7.7M	17.5M	18.4M
Total Revenue	735.5K	4.5M	4.0M	5.0M	26.5M	27.8M
Gross Profit	(1.9M)	(4.0M)	(5.4M)	(7.2M)	(25.3M)	(24.0M)
Other Operating Expenses	4.0M	10.3M	11.2M	14.7M	55.3M	58.1M
Operating Income	(3.0M)	(4.5M)	(5.4M)	(9.7M)	(28.8M)	(27.4M)
Ebit	(3.0M)	(5.1M)	(5.5M)	(2.5M)	(27.8M)	(26.4M)
Ebitda	(2.8M)	(4.6M)	(4.5M)	(1.1M)	(20.6M)	(19.6M)
Total Operating Expenses	4.0M	10.3M	11.2M	2.5M	26.5M	27.8M
Income Before Tax	(3.0M)	(4.6M)	(6.1M)	(6.0M)	(30.4M)	(28.9M)
Total Other Income Expense Net	(107.2K)	240.2K	(1.1M)	3.6M	(1.6M)	(1.5M)
Net Income	(3.0M)	(4.6M)	(6.1M)	(3.7M)	(28.3M)	(26.8M)
Income Tax Expense	256.5K	1.2M	2.5M	(2.3M)	(2.2M)	(2.0M)
Interest Expense	7.4K	39.6K	643.2K	1.5M	2.6M	2.8M
Cost Of Revenue	2.6M	8.6M	9.4M	12.2M	51.8M	54.4M
Research Development	352.0K	432.1K	462.8K	711.0K	1.0M	1.1M
Interest Income	98.7K	262.7K	1.0M	1.7M	2.0M	2.1M
Net Income Applicable To Common Shares	(3.0M)	(4.6M)	(6.1M)	(3.7M)	(3.3M)	(3.5M)
Net Interest Income	4.2K	(33.1K)	(640.2K)	(1.5M)	(1.3M)	(1.3M)
Net Income From Continuing Ops	(3.0M)	(4.6M)	(6.1M)	(3.7M)	(4.3M)	(4.5M)
Reconciled Depreciation	219.7K	588.5K	939.6K	1.4M	1.6M	1.7M

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