Elastic Historical Income Statement

ESTC Stock  USD 94.13  5.55  6.27%   
Historical analysis of Elastic NV income statement accounts such as Selling General Administrative of 99.6 M or Selling And Marketing Expenses of 309.3 M can show how well Elastic NV performed in making a profits. Evaluating Elastic NV income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Elastic NV's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Elastic NV 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 Elastic NV 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 Elastic NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Elastic Stock refer to our How to Trade Elastic Stock guide.

About Elastic Income Statement Analysis

Elastic NV 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 Elastic NV shareholders. The income statement also shows Elastic 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).

Elastic NV Income Statement Chart

At present, Elastic NV's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Net Income From Continuing Ops is expected to grow to about 64.8 M, whereas Tax Provision is projected to grow to (175.3 M).

Total Revenue

Total revenue comprises all receipts Elastic NV 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 Elastic NV minus its cost of goods sold. It is profit before Elastic NV 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.

Operating Income

Operating Income is the amount of profit realized from Elastic NV 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 Elastic NV 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 Elastic NV's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Elastic NV 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 Elastic NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Elastic Stock refer to our How to Trade Elastic Stock guide.At present, Elastic NV's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Net Income From Continuing Ops is expected to grow to about 64.8 M, whereas Tax Provision is projected to grow to (175.3 M).
 2021 2022 2023 2024 (projected)
Gross Profit630.2M772.4M937.2M477.6M
Total Revenue862.4M1.1B1.3B653.8M

Elastic NV income statement Correlations

-0.09-0.5-0.52-0.54-0.55-0.510.26-0.70.01-0.490.0-0.52-0.51-0.370.17-0.4-0.71.0-0.96-0.790.93
-0.090.640.60.60.60.62-0.67-0.41-0.760.65-0.520.60.620.77-0.67-0.35-0.41-0.090.080.05-0.13
-0.50.640.990.990.990.99-0.9-0.23-0.781.0-0.730.990.990.97-0.88-0.31-0.23-0.50.580.65-0.42
-0.520.60.991.01.01.0-0.86-0.2-0.750.99-0.711.01.00.95-0.85-0.36-0.2-0.520.610.69-0.43
-0.540.60.991.01.01.0-0.84-0.17-0.730.99-0.681.01.00.94-0.83-0.33-0.17-0.540.630.7-0.44
-0.550.60.991.01.01.0-0.83-0.16-0.720.99-0.661.01.00.94-0.82-0.33-0.16-0.550.640.7-0.44
-0.510.620.991.01.01.0-0.88-0.21-0.771.0-0.721.01.00.96-0.86-0.35-0.21-0.510.590.68-0.43
0.26-0.67-0.9-0.86-0.84-0.83-0.880.50.94-0.90.92-0.86-0.88-0.930.990.410.50.26-0.27-0.440.28
-0.7-0.41-0.23-0.2-0.17-0.16-0.210.50.69-0.240.69-0.2-0.22-0.370.590.731.0-0.70.640.36-0.64
0.01-0.76-0.78-0.75-0.73-0.72-0.770.940.69-0.790.95-0.75-0.77-0.860.970.610.690.01-0.03-0.170.04
-0.490.651.00.990.990.991.0-0.9-0.24-0.79-0.741.01.00.97-0.88-0.35-0.24-0.490.570.65-0.42
0.0-0.52-0.73-0.71-0.68-0.66-0.720.920.690.95-0.74-0.71-0.72-0.770.950.620.690.0-0.02-0.220.03
-0.520.60.991.01.01.01.0-0.86-0.2-0.751.0-0.711.00.95-0.85-0.35-0.2-0.520.60.69-0.43
-0.510.620.991.01.01.01.0-0.88-0.22-0.771.0-0.721.00.96-0.87-0.35-0.22-0.510.590.67-0.43
-0.370.770.970.950.940.940.96-0.93-0.37-0.860.97-0.770.950.96-0.92-0.38-0.37-0.370.420.55-0.34
0.17-0.67-0.88-0.85-0.83-0.82-0.860.990.590.97-0.880.95-0.85-0.87-0.920.550.590.17-0.19-0.40.2
-0.4-0.35-0.31-0.36-0.33-0.33-0.350.410.730.61-0.350.62-0.35-0.35-0.380.550.73-0.40.340.05-0.34
-0.7-0.41-0.23-0.2-0.17-0.16-0.210.51.00.69-0.240.69-0.2-0.22-0.370.590.73-0.70.640.36-0.64
1.0-0.09-0.5-0.52-0.54-0.55-0.510.26-0.70.01-0.490.0-0.52-0.51-0.370.17-0.4-0.7-0.96-0.790.93
-0.960.080.580.610.630.640.59-0.270.64-0.030.57-0.020.60.590.42-0.190.340.64-0.960.78-0.8
-0.790.050.650.690.70.70.68-0.440.36-0.170.65-0.220.690.670.55-0.40.050.36-0.790.78-0.78
0.93-0.13-0.42-0.43-0.44-0.44-0.430.28-0.640.04-0.420.03-0.43-0.43-0.340.2-0.34-0.640.93-0.8-0.78
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Elastic NV Account Relationship Matchups

Elastic NV income statement Accounts

201920202021202220232024 (projected)
Tax Provision(2.0M)7.7M6.1M19.3M(184.5M)(175.3M)
Depreciation And Amortization12.9M58.2M80.5M20.2M18.0M28.0M
Interest Expense2.0M185K20.7M25.2M26.1M27.4M
Selling General Administrative91.6M103.8M123.4M143.2M160.6M99.6M
Selling And Marketing Expenses219.0M273.9M406.7M503.5M559.6M309.3M
Total Revenue427.6M608.5M862.4M1.1B1.3B653.8M
Gross Profit304.9M447.4M630.2M772.4M937.2M477.6M
Other Operating Expenses598.7M738.0M1.0B1.3B1.4B789.7M
Operating Income(171.1M)(129.5M)(173.7M)(187.9M)(129.9M)(136.4M)
Net Income From Continuing Ops(167.2M)(129.4M)(203.8M)(236.2M)61.7M64.8M
Ebit(171.1M)(121.7M)(237.8M)(191.7M)(96.6M)(101.5M)
Research Development165.4M199.2M273.8M313.5M342.0M203.9M
Ebitda(158.2M)(63.5M)(157.3M)(171.5M)(78.6M)(82.6M)
Cost Of Revenue122.7M161.1M232.2M296.6M330.1M176.2M
Total Operating Expenses476.0M576.9M803.9M960.2M1.1B613.5M
Reconciled Depreciation12.9M17.2M19.7M20.2M18.0M14.0M
Income Before Tax(169.1M)(121.7M)(197.8M)(216.9M)(122.8M)(128.9M)
Total Other Income Expense Net2.0M7.8M(24.1M)(29.0M)7.1M7.5M
Net Income Applicable To Common Shares(167.2M)(129.4M)(203.8M)(236.2M)(212.5M)(223.2M)
Net Income(167.2M)(129.4M)(203.8M)(236.2M)61.7M64.8M
Income Tax Expense(2.0M)7.7M6.1M19.3M(184.5M)(175.3M)
Non Operating Income Net Other2.0M7.8M(3.4M)27.5M31.6M33.2M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Elastic NV offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Elastic NV's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Elastic Nv Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Elastic Nv Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elastic NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Elastic Stock refer to our How to Trade Elastic Stock guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Application Software 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 Elastic NV. If investors know Elastic 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 Elastic NV listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.61
Revenue Per Share
13.114
Quarterly Revenue Growth
0.183
Return On Assets
(0.04)
Return On Equity
0.1042
The market value of Elastic NV is measured differently than its book value, which is the value of Elastic that is recorded on the company's balance sheet. Investors also form their own opinion of Elastic NV's value that differs from its market value or its book value, called intrinsic value, which is Elastic NV'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 Elastic NV's market value can be influenced by many factors that don't directly affect Elastic NV'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 Elastic NV's value and its price as these two are different measures arrived at by different means. Investors typically determine if Elastic NV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elastic NV'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.