Evertz Historical Income Statement
ET Stock | CAD 12.15 0.19 1.54% |
Historical analysis of Evertz Technologies income statement accounts such as Selling General Administrative of 55.9 M or Total Revenue of 369.8 M can show how well Evertz Technologies Limited performed in making a profits. Evaluating Evertz Technologies income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Evertz Technologies's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Evertz Technologies 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 Evertz Technologies is a good buy for the upcoming year.
Evertz |
About Evertz Income Statement Analysis
Evertz Technologies 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 Evertz Technologies shareholders. The income statement also shows Evertz 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).
Evertz Technologies Income Statement Chart
Add Fundamental
Total Revenue
Total revenue comprises all receipts Evertz Technologies 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 Evertz Technologies Limited minus its cost of goods sold. It is profit before Evertz Technologies 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 Evertz Technologies. It is also known as Evertz Technologies 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 Evertz Technologies' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Evertz Technologies 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 Evertz Technologies Limited. 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. At this time, Evertz Technologies' Operating Income is very stable compared to the past year. As of the 30th of November 2024, Research Development is likely to grow to about 142.4 M, while Depreciation And Amortization is likely to drop about 11.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 255.3M | 268.3M | 294.0M | 213.6M | Total Revenue | 441.0M | 454.6M | 514.6M | 369.8M |
Evertz Technologies income statement Correlations
Click cells to compare fundamentals
Evertz Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Evertz Technologies income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 16.3M | 17.6M | 17.6M | 16.8M | 15.4M | 11.1M | |
Interest Expense | 1.8M | 1.7M | 2.4M | 3.7M | 1.4M | 1.2M | |
Selling General Administrative | 67.7M | 50.6M | 61.8M | 62.1M | 72.8M | 55.9M | |
Total Revenue | 436.6M | 342.9M | 441.0M | 454.6M | 514.6M | 369.8M | |
Gross Profit | 248.4M | 199.4M | 255.3M | 268.3M | 294.0M | 213.6M | |
Other Operating Expenses | 347.5M | 270.0M | 346.3M | 360.9M | 429.1M | 275.9M | |
Operating Income | 89.1M | 72.8M | 94.7M | 93.7M | 85.5M | 93.9M | |
Ebit | 86.2M | 45.0M | 89.5M | 83.5M | 98.7M | 92.1M | |
Research Development | 95.7M | 80.2M | 106.5M | 121.3M | 135.6M | 142.4M | |
Ebitda | 102.5M | 62.6M | 107.1M | 100.3M | 114.1M | 103.2M | |
Cost Of Revenue | 188.2M | 143.5M | 185.7M | 186.3M | 220.6M | 156.2M | |
Total Operating Expenses | 159.3M | 126.6M | 160.6M | 174.6M | 216.9M | 120.2M | |
Income Before Tax | 92.0M | 55.8M | 97.9M | 87.8M | 97.4M | 96.2M | |
Total Other Income Expense Net | 2.9M | (4.0M) | 15.5M | 7.6M | 11.8M | 12.4M | |
Net Income | 68.6M | 41.8M | 71.7M | 64.0M | 70.2M | 69.8M | |
Income Tax Expense | 22.8M | 13.9M | 25.2M | 23.3M | 26.3M | 26.0M | |
Selling And Marketing Expenses | 67.6M | 49.4M | 60.9M | 61.5M | 70.7M | 65.1M | |
Net Income From Continuing Ops | 69.2M | 42.0M | 72.7M | 64.6M | 71.0M | 52.5M | |
Net Income Applicable To Common Shares | 68.6M | 41.8M | 71.7M | 64.0M | 57.6M | 51.6M | |
Minority Interest | 2.4M | 2.2M | (932K) | (523K) | (857K) | (814.2K) | |
Tax Provision | 22.8M | 13.9M | 25.2M | 23.3M | 26.3M | 18.4M | |
Interest Income | 768K | 687K | 309K | 8.7M | 1.7M | 1.8M | |
Net Interest Income | (768K) | (1.0M) | (2.1M) | (3.3M) | 308K | 323.4K | |
Reconciled Depreciation | 16.3M | 17.6M | 17.6M | 16.8M | 15.4M | 16.0M |
Pair Trading with Evertz Technologies
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 Evertz Technologies 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 Evertz Technologies will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Evertz Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Evertz Technologies 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 Evertz Technologies - 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 Evertz Technologies Limited to buy it.
The correlation of Evertz Technologies 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 Evertz Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Evertz Technologies 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 Evertz Technologies 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.Other Information on Investing in Evertz Stock
Evertz Technologies 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 Evertz Technologies shareholders. The income statement also shows Evertz 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).