Firm Historical Income Statement

FC Stock  CAD 11.79  0.03  0.26%   
Historical analysis of Firm Capital income statement accounts such as Total Revenue of 29.8 M or Gross Profit of 28.6 M can show how well Firm Capital Mortgage performed in making a profits. Evaluating Firm Capital income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Firm Capital's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Firm Capital Mortgage 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 Firm Capital Mortgage 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 Firm Capital Mortgage. 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.

About Firm Income Statement Analysis

Firm Capital Mortgage 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 Firm Capital shareholders. The income statement also shows Firm 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).

Firm Capital Income Statement Chart

At this time, Firm Capital's Total Operating Expenses is very stable compared to the past year. As of the 29th of November 2024, Income Tax Expense is likely to grow to about 41.8 M, while Interest Expense is likely to drop about 10.5 M.

Total Revenue

Total revenue comprises all receipts Firm Capital Mortgage 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 Firm Capital Mortgage minus its cost of goods sold. It is profit before Firm Capital 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 Firm Capital Mortgage. It is also known as Firm Capital 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 Firm Capital's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Firm Capital Mortgage 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 Firm Capital Mortgage. 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, Firm Capital's Total Operating Expenses is very stable compared to the past year. As of the 29th of November 2024, Income Tax Expense is likely to grow to about 41.8 M, while Interest Expense is likely to drop about 10.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit34.2M43.2M41.6M28.6M
Total Revenue34.2M43.2M46.5M29.8M

Firm Capital income statement Correlations

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0.560.740.810.060.650.55-0.190.690.39-0.440.390.230.690.70.750.70.53-0.34
0.920.740.980.480.910.860.060.990.6-0.110.76-0.050.980.970.720.90.41-0.48
0.850.810.980.370.890.77-0.060.980.55-0.270.70.070.970.960.810.890.49-0.4
0.680.060.480.370.590.480.30.480.260.550.72-0.660.450.430.20.27-0.35-0.27
0.930.650.910.890.590.750.120.940.590.00.8-0.20.910.890.780.690.14-0.3
0.890.550.860.770.480.750.440.810.650.190.66-0.180.80.790.310.830.25-0.65
0.33-0.190.06-0.060.30.120.440.020.320.50.25-0.350.020.01-0.340.09-0.28-0.54
0.910.690.990.980.480.940.810.020.6-0.120.78-0.070.990.980.760.870.38-0.41
0.570.390.60.550.260.590.650.320.60.120.53-0.190.580.570.320.540.25-0.47
0.21-0.44-0.11-0.270.550.00.190.5-0.120.120.35-0.89-0.14-0.15-0.48-0.2-0.71-0.17
0.850.390.760.70.720.80.660.250.780.530.35-0.630.80.810.560.66-0.01-0.52
-0.330.23-0.050.07-0.66-0.2-0.18-0.35-0.07-0.19-0.89-0.63-0.08-0.080.120.050.60.22
0.880.690.980.970.450.910.80.020.990.58-0.140.8-0.081.00.770.910.41-0.49
0.870.70.970.960.430.890.790.010.980.57-0.150.81-0.081.00.770.920.42-0.51
0.570.750.720.810.20.780.31-0.340.760.32-0.480.560.120.770.770.560.42-0.05
0.750.70.90.890.270.690.830.090.870.54-0.20.660.050.910.920.560.57-0.69
0.070.530.410.49-0.350.140.25-0.280.380.25-0.71-0.010.60.410.420.420.57-0.19
-0.49-0.34-0.48-0.4-0.27-0.3-0.65-0.54-0.41-0.47-0.17-0.520.22-0.49-0.51-0.05-0.69-0.19
Click cells to compare fundamentals

Firm Capital Account Relationship Matchups

Firm Capital income statement Accounts

201920202021202220232024 (projected)
Interest Expense12.7M10.5M11.1M14.9M15.7M10.5M
Selling General Administrative1.2M2.1M1.2M3.3M1.8M1.4M
Total Revenue34.7M33.6M34.2M43.2M46.5M29.8M
Gross Profit34.7M33.6M34.2M43.2M41.6M28.6M
Other Operating Expenses6.7M7.3M4.2M4.0M6.6M5.4M
Operating Income40.7M36.9M41.1M47.1M39.8M33.8M
Ebitda28.0M26.4M30.0M47.1M59.6M32.8M
Total Operating Expenses4.9M(7.3M)(4.2M)4.0M6.6M7.0M
Net Income28.0M26.4M30.0M32.2M34.2M24.4M
Income Tax Expense13.6M14.4M22.6M34.3M39.8M41.8M
Total Other Income Expense Net(12.7M)(10.5M)(11.1M)(14.9M)(5.7M)(6.0M)
Depreciation And Amortization17.5M6.0M8.0M10.1M19.7M20.7M
Ebit40.7M36.9M41.1M47.1M39.8M29.6M
Income Before Tax28.0M26.4M30.0M32.2M34.2M27.2M
Net Income From Continuing Ops28.0M26.4M30.0M32.2M34.2M28.0M
Cost Of Revenue16.4M14.3M15.2M19.6M4.8M8.4M
Net Income Applicable To Common Shares28.0M26.4M30.0M32.2M37.1M27.0M
Net Interest Income33.9M33.4M36.1M44.8M55.2M40.0M
Interest Income46.5M44.0M47.2M59.6M70.9M41.9M

Pair Trading with Firm Capital

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 Firm Capital 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 Firm Capital will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Firm Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Firm Capital 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 Firm Capital - 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 Firm Capital Mortgage to buy it.
The correlation of Firm Capital 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 Firm Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Firm Capital Mortgage 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 Firm Capital 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 CorrelationCorrelation Matching

Other Information on Investing in Firm Stock

Firm Capital Mortgage 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 Firm Capital shareholders. The income statement also shows Firm 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).