Espey Historical Income Statement

ESP Stock

USD 28.94 0.71 2.39%

Historical analysis of Espey Mfg income statement accounts such as Total Revenue of 24.8 M or Gross Profit of 5.6 M can show how well Espey Mfg Electronics performed in making a profits. Evaluating Espey Mfg income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Espey Mfg's future profits or losses.

Cash Flow Balance Sheet Income Statement

Oil Shock

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Espey Mfg Electronics 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 Espey Mfg Electronics 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 Espey Mfg Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

About Espey Income Statement Analysis

Espey Mfg Electronics 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 Espey Mfg shareholders. The income statement also shows Espey 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).

Espey Mfg Income Statement Chart

At this time, Espey Mfg's Income Tax Expense is relatively stable compared to the past year. As of 11/22/2024, Net Income From Continuing Ops is likely to grow to about 6.1 M, while Gross Profit is likely to drop slightly above 5.6 M.

Total Revenue Gross Profit Other Operating Expenses Ebitda Research Development

Total Revenue

Total revenue comprises all receipts Espey Mfg Electronics 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 Espey Mfg Electronics minus its cost of goods sold. It is profit before Espey Mfg 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 Espey Mfg Electronics. It is also known as Espey Mfg 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.

Most accounts from Espey Mfg's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Espey Mfg Electronics 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 Espey Mfg Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

	2021	2022	2023	2024 (projected)
Gross Profit	5.5M	8.1M	10.7M	5.6M
Total Revenue	32.1M	35.6M	38.7M	24.8M

Gross Profit Total Revenue

Espey Mfg income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Research Development	Net Income From Continuing Ops	Non Operating Income Net Other	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		0.44	0.55	-0.1	0.75	-0.28	-0.23	-0.21	0.73	0.83	-0.28	-0.12	-0.16	-0.58	0.85	-0.61	-0.41	0.47	-0.58	0.21	0.21	0.82	0.06
Interest Expense	0.44		0.31	-0.04	0.43	-0.3	-0.28	-0.27	0.4	0.55	-0.31	-0.34	-0.28	-0.38	0.54	-0.42	-0.37	0.69	-0.45	-0.18	-0.18	0.35	-0.28
Total Revenue	0.55	0.31		0.69	0.93	0.3	0.34	0.35	0.95	0.77	0.28	-0.1	0.36	0.02	0.77	-0.53	0.11	0.42	-0.08	0.26	0.27	0.22	0.26
Gross Profit	-0.1	-0.04	0.69		0.39	0.81	0.83	0.83	0.42	0.14	0.79	0.1	0.79	0.7	0.13	-0.05	0.68	-0.04	0.51	0.3	0.3	-0.31	0.37
Other Operating Expenses	0.75	0.43	0.93	0.39		-0.03	0.02	0.04	1.0	0.93	-0.04	-0.16	0.07	-0.33	0.92	-0.66	-0.19	0.57	-0.37	0.2	0.2	0.43	0.16
Operating Income	-0.28	-0.3	0.3	0.81	-0.03		1.0	1.0	0.01	-0.26	1.0	0.39	0.98	0.93	-0.24	0.19	0.94	-0.22	0.79	0.51	0.51	-0.29	0.48
Ebit	-0.23	-0.28	0.34	0.83	0.02	1.0		1.0	0.06	-0.22	0.99	0.36	0.98	0.91	-0.2	0.14	0.92	-0.2	0.77	0.52	0.51	-0.27	0.49
Ebitda	-0.21	-0.27	0.35	0.83	0.04	1.0	1.0		0.08	-0.2	0.99	0.36	0.99	0.9	-0.17	0.13	0.91	-0.19	0.76	0.52	0.52	-0.26	0.49
Cost Of Revenue	0.73	0.4	0.95	0.42	1.0	0.01	0.06	0.08		0.91	0.0	-0.16	0.1	-0.29	0.9	-0.64	-0.16	0.55	-0.33	0.2	0.2	0.41	0.16
Total Operating Expenses	0.83	0.55	0.77	0.14	0.93	-0.26	-0.22	-0.2	0.91		-0.26	-0.15	-0.15	-0.55	1.0	-0.75	-0.39	0.68	-0.56	0.2	0.2	0.56	0.16
Income Before Tax	-0.28	-0.31	0.28	0.79	-0.04	1.0	0.99	0.99	0.0	-0.26		0.47	0.99	0.92	-0.24	0.2	0.96	-0.19	0.8	0.57	0.57	-0.26	0.54
Total Other Income Expense Net	-0.12	-0.34	-0.1	0.1	-0.16	0.39	0.36	0.36	-0.16	-0.15	0.47		0.5	0.33	-0.11	0.26	0.63	0.13	0.44	0.84	0.84	0.22	0.77
Net Income	-0.16	-0.28	0.36	0.79	0.07	0.98	0.98	0.99	0.1	-0.15	0.99	0.5		0.85	-0.12	0.11	0.94	-0.1	0.76	0.66	0.66	-0.17	0.61
Income Tax Expense	-0.58	-0.38	0.02	0.7	-0.33	0.93	0.91	0.9	-0.29	-0.55	0.92	0.33	0.85		-0.54	0.42	0.92	-0.42	0.82	0.27	0.27	-0.48	0.29
Selling General Administrative	0.85	0.54	0.77	0.13	0.92	-0.24	-0.2	-0.17	0.9	1.0	-0.24	-0.11	-0.12	-0.54		-0.76	-0.36	0.7	-0.55	0.24	0.25	0.59	0.19
Research Development	-0.61	-0.42	-0.53	-0.05	-0.66	0.19	0.14	0.13	-0.64	-0.75	0.2	0.26	0.11	0.42	-0.76		0.34	-0.61	0.49	-0.1	-0.1	-0.36	0.0
Net Income From Continuing Ops	-0.41	-0.37	0.11	0.68	-0.19	0.94	0.92	0.91	-0.16	-0.39	0.96	0.63	0.94	0.92	-0.36	0.34		-0.2	0.82	0.6	0.6	-0.25	0.57
Non Operating Income Net Other	0.47	0.69	0.42	-0.04	0.57	-0.22	-0.2	-0.19	0.55	0.68	-0.19	0.13	-0.1	-0.42	0.7	-0.61	-0.2		-0.27	0.31	0.31	0.4	0.17
Tax Provision	-0.58	-0.45	-0.08	0.51	-0.37	0.79	0.77	0.76	-0.33	-0.56	0.8	0.44	0.76	0.82	-0.55	0.49	0.82	-0.27		0.39	0.38	-0.56	0.4
Interest Income	0.21	-0.18	0.26	0.3	0.2	0.51	0.52	0.52	0.2	0.2	0.57	0.84	0.66	0.27	0.24	-0.1	0.6	0.31	0.39		1.0	0.29	0.88
Net Interest Income	0.21	-0.18	0.27	0.3	0.2	0.51	0.51	0.52	0.2	0.2	0.57	0.84	0.66	0.27	0.25	-0.1	0.6	0.31	0.38	1.0		0.29	0.88
Reconciled Depreciation	0.82	0.35	0.22	-0.31	0.43	-0.29	-0.27	-0.26	0.41	0.56	-0.26	0.22	-0.17	-0.48	0.59	-0.36	-0.25	0.4	-0.56	0.29	0.29		0.1
Extraordinary Items	0.06	-0.28	0.26	0.37	0.16	0.48	0.49	0.49	0.16	0.16	0.54	0.77	0.61	0.29	0.19	0.0	0.57	0.17	0.4	0.88	0.88	0.1

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Espey Mfg Account Relationship Matchups

Espey Mfg income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	568.5K	519.8K	494.6K	484.9K	453.5K	502.9K
Interest Expense	228.7K	136.9K	57.9K	12.2K	14.0K	13.3K
Total Revenue	31.5M	27.7M	32.1M	35.6M	38.7M	24.8M
Gross Profit	5.6M	3.4M	5.5M	8.1M	10.7M	5.6M
Other Operating Expenses	30.4M	28.2M	30.6M	31.3M	32.2M	22.1M
Operating Income	1.2M	(426.1K)	1.5M	4.3M	6.5M	6.9M
Ebit	1.2M	(426.1K)	1.5M	4.3M	6.5M	6.9M
Ebitda	1.7M	93.7K	2.0M	4.8M	7.0M	7.3M
Cost Of Revenue	26.0M	24.4M	26.6M	27.5M	28.1M	19.2M
Total Operating Expenses	4.4M	3.8M	3.9M	3.8M	4.1M	2.9M
Income Before Tax	1.3M	(368.2K)	1.6M	4.7M	7.3M	7.7M
Total Other Income Expense Net	136.9K	57.9K	63.9K	406.5K	755.6K	793.3K
Net Income	1.2M	(181.5K)	1.3M	3.7M	5.8M	6.1M
Income Tax Expense	145.5K	(186.7K)	328.0K	1.0M	1.5M	1.6M
Selling General Administrative	4.4M	3.8M	3.9M	3.8M	4.1M	3.1M
Research Development	44.7K	40.9K	32.4K	65.4K	86.7K	83.8K
Net Income Applicable To Common Shares	1.2M	(181.5K)	1.3M	3.7M	4.2M	2.4M
Net Income From Continuing Ops	1.2M	(181.5K)	1.3M	3.7M	5.8M	6.1M
Tax Provision	145.5K	(186.7K)	328.0K	1.0M	1.5M	1.6M
Interest Income	109.8K	21.4K	12.2K	359.6K	728.3K	764.7K
Net Interest Income	109.7K	21.4K	12.2K	359.6K	728.3K	764.7K
Reconciled Depreciation	568.5K	519.8K	494.6K	484.9K	453.5K	540.0K

Pair Trading with Espey Mfg

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Espey Mfg position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Espey Mfg will appreciate offsetting losses from the drop in the long position's value.

Moving together with Espey Stock

0.63

EOSE

Eos Energy Enterprises Buyout Trend

Pair Corr

Moving against Espey Stock

0.84	XPON	Expion360	Pair Corr
0.74	FCEL	FuelCell Energy Fiscal Year End 17th of December 2024	Pair Corr
0.55	FLUX	Flux Power Holdings	Pair Corr
0.48	EPOW	Sunrise New Energy	Pair Corr

The ability to find closely correlated positions to Espey Mfg could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Espey Mfg when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Espey Mfg - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Espey Mfg Electronics to buy it.

The correlation of Espey Mfg is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Espey Mfg moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Espey Mfg Electronics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Espey Mfg can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Espey Stock Analysis

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

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Espey Historical Income Statement

About Espey Income Statement Analysis

Espey Mfg Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Espey Mfg income statement Correlations

Espey Mfg Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Espey Mfg income statement Accounts

Pair Trading with Espey Mfg

Moving together with Espey Stock

Moving against Espey Stock

Additional Tools for Espey Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cost Of Revenue	+ 1.0	Other Operating Expenses
Ebit	+ 1.0	Operating Income
Ebitda	+ 1.0	Operating Income
Income Before Tax	+ 1.0	Operating Income
Ebitda	+ 1.0	Ebit
Selling General Administrative	+ 1.0	Total Operating Expenses

Research Development	- 0.76	Selling General Administrative
Research Development	- 0.75	Total Operating Expenses
Research Development	- 0.66	Other Operating Expenses
Research Development	- 0.64	Cost Of Revenue
Non Operating Income Net Other	- 0.61	Research Development
Research Development	- 0.61	Depreciation And Amortization