Errawarra Historical Income Statement

ERW Stock   0.07  0.01  13.33%   
Historical analysis of Errawarra Resources income statement accounts such as Selling And Marketing Expenses of 2.2 M or Total Revenue of 16.2 K can show how well Errawarra Resources performed in making a profits. Evaluating Errawarra Resources income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Errawarra Resources's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Errawarra 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 Errawarra Resources 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 Errawarra 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 Errawarra Income Statement Analysis

Errawarra 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 Errawarra Resources shareholders. The income statement also shows Errawarra 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).

Errawarra Resources Income Statement Chart

At this time, Errawarra Resources' Selling And Marketing Expenses is comparatively stable compared to the past year. Total Revenue is likely to gain to about 16.2 K in 2024, whereas Gross Profit is likely to drop (53.9 K) in 2024.

Total Revenue

Total revenue comprises all receipts Errawarra 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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Errawarra Resources. It is also known as Errawarra Resources 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 Errawarra 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 Errawarra 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.
Most accounts from Errawarra Resources' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Errawarra 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 Errawarra 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.
At this time, Errawarra Resources' Selling And Marketing Expenses is comparatively stable compared to the past year. Total Revenue is likely to gain to about 16.2 K in 2024, whereas Gross Profit is likely to drop (53.9 K) in 2024.
 2021 2022 2023 2024 (projected)
Net Interest Income1.5K14.7K16.9K17.7K
Interest Income1.5K31.8K36.6K25.1K

Errawarra Resources income statement Correlations

0.880.56-0.42-0.320.67-0.68-0.65-0.650.67-0.63-0.660.320.33-0.65-0.14-0.16-0.23-0.20.15
0.880.81-0.26-0.320.87-0.88-0.86-0.860.87-0.85-0.860.310.13-0.830.220.220.10.2-0.09
0.560.810.01-0.050.99-0.99-0.99-0.990.99-0.99-0.990.03-0.25-0.50.160.720.280.69-0.51
-0.42-0.260.010.7-0.030.060.050.04-0.030.030.04-0.73-0.250.260.280.380.270.39-0.28
-0.32-0.32-0.050.7-0.090.10.110.1-0.090.110.11-1.0-0.050.440.070.160.130.16-0.08
0.670.870.99-0.03-0.09-1.0-1.0-1.01.0-1.0-1.00.06-0.18-0.550.120.620.220.59-0.43
-0.68-0.88-0.990.060.1-1.01.01.0-1.00.990.99-0.080.150.55-0.11-0.6-0.24-0.580.4
-0.65-0.86-0.990.050.11-1.01.01.0-1.01.01.0-0.090.190.54-0.12-0.64-0.23-0.610.44
-0.65-0.86-0.990.040.1-1.01.01.0-1.01.01.0-0.070.190.54-0.12-0.64-0.23-0.610.44
0.670.870.99-0.03-0.091.0-1.0-1.0-1.0-1.0-1.00.06-0.18-0.550.120.620.220.59-0.43
-0.63-0.85-0.990.030.11-1.00.991.01.0-1.01.0-0.080.260.53-0.13-0.66-0.22-0.640.48
-0.66-0.86-0.990.040.11-1.00.991.01.0-1.01.0-0.080.240.54-0.13-0.63-0.2-0.60.46
0.320.310.03-0.73-1.00.06-0.08-0.09-0.070.06-0.08-0.080.08-0.44-0.07-0.19-0.15-0.190.1
0.330.13-0.25-0.25-0.05-0.180.150.190.19-0.180.260.240.08-0.13-0.17-0.640.12-0.640.77
-0.65-0.83-0.50.260.44-0.550.550.540.54-0.550.530.54-0.44-0.13-0.54-0.040.01-0.040.07
-0.140.220.160.280.070.12-0.11-0.12-0.120.12-0.13-0.13-0.07-0.17-0.540.250.340.28-0.13
-0.160.220.720.380.160.62-0.6-0.64-0.640.62-0.66-0.63-0.19-0.64-0.040.250.441.0-0.79
-0.230.10.280.270.130.22-0.24-0.23-0.230.22-0.22-0.2-0.150.120.010.340.440.450.16
-0.20.20.690.390.160.59-0.58-0.61-0.610.59-0.64-0.6-0.19-0.64-0.040.281.00.45-0.79
0.15-0.09-0.51-0.28-0.08-0.430.40.440.44-0.430.480.460.10.770.07-0.13-0.790.16-0.79
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Errawarra Resources Account Relationship Matchups

Errawarra Resources income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization62.0K3.3M3.4M21.4K12.3K11.7K
Selling General Administrative55.1K1.5M885.3K533.6K443.6K330.3K
Selling And Marketing Expenses20.6K6.7K6.9K2.2M2.1M2.2M
Other Operating Expenses62.0K3.3M3.4M2.8M2.5M2.7M
Operating Income(62.0K)(3.3M)(3.4M)(2.8M)(2.5M)(2.4M)
Ebit(124.0K)(3.3M)(3.4M)(2.8M)(2.8M)(2.6M)
Ebitda(62.0K)(3.3M)(3.4M)(2.7M)(2.8M)(2.6M)
Total Operating Expenses62.0K3.3M3.4M2.7M2.5M2.7M
Income Before Tax(78.1K)(3.3M)(3.4M)(2.8M)(3.0M)(2.8M)
Net Income(42.9K)(3.3M)(3.4M)(2.6M)(2.8M)(2.7M)
Total Other Income Expense Net(16.1K)44.1K1.5K(14.7K)(450.5K)(428.0K)
Income Tax Expense(35.3K)(3.3M)(660.0)(184.0K)(414.5K)(435.2K)
Interest Expense39.1K37.9K332.02.5K2.2K2.1K
Net Income Applicable To Common Shares(42.9K)(3.3M)(3.4M)(2.6M)(2.3M)(2.2M)
Interest Income23.3K43.7K1.5K31.8K36.6K25.1K

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Additional Tools for Errawarra Stock Analysis

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