Forum Historical Income Statement

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USD 14.89 0.11 0.74%

Historical analysis of Forum Energy income statement accounts such as Total Revenue of 758.7 M or Gross Profit of 203.6 M can show how well Forum Energy Technologies performed in making a profits. Evaluating Forum Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Forum Energy's future profits or losses.

Cash Flow Balance Sheet Income Statement

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

About Forum Income Statement Analysis

Forum Energy 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 Forum Energy shareholders. The income statement also shows Forum 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).

Forum Energy Income Statement Chart

At this time, Forum Energy's Net Income Applicable To Common Shares is comparatively stable compared to the past year. Non Recurring is likely to gain to about 22.2 M in 2024, whereas Income Before Tax is likely to drop (8.2 M) in 2024.

Depreciation And Amortization Other Operating Expenses Cost Of Revenue Total Operating Expenses

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Forum Energy Technologies. It is also known as Forum Energy 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.

Cost Of Revenue

Cost of Revenue is found on Forum Energy Technologies income statement and represents the costs associated with goods and services Forum Energy provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

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

	2021	2022	2023	2024 (projected)
Interest Expense	32M	31.5M	18.3M	28.0M
Depreciation And Amortization	42.2M	37.0M	34.7M	57.6M

Interest Expense Depreciation And Amortization

Forum Energy 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	Net Income From Continuing Ops	Non Recurring	Non Operating Income Net Other	Tax Provision	Interest Income	Net Interest Income	Selling And Marketing Expenses	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		0.41	0.41	0.24	0.59	-0.32	0.02	0.12	0.5	0.45	-0.37	-0.38	-0.38	-0.16	0.86	-0.44	-0.55	0.29	-0.32	0.29	-0.21	0.12	0.65	-0.2
Interest Expense	0.41		-0.29	-0.4	-0.13	-0.59	-0.55	-0.51	-0.21	-0.2	-0.61	-0.35	-0.58	-0.55	0.26	-0.63	-0.41	0.3	0.08	0.28	-0.33	0.09	-0.1	0.47
Total Revenue	0.41	-0.29		0.97	0.97	0.6	0.87	0.91	0.99	0.81	0.43	-0.07	0.34	0.77	0.7	0.3	-0.1	-0.24	-0.11	0.02	-0.19	0.2	0.52	-0.51
Gross Profit	0.24	-0.4	0.97		0.88	0.73	0.92	0.94	0.92	0.74	0.52	-0.04	0.43	0.84	0.55	0.4	-0.01	-0.42	-0.04	-0.11	-0.11	0.13	0.42	-0.51
Other Operating Expenses	0.59	-0.13	0.97	0.88		0.41	0.74	0.8	0.99	0.83	0.28	-0.13	0.2	0.62	0.85	0.15	-0.21	-0.06	-0.19	0.13	-0.24	0.27	0.6	-0.47
Operating Income	-0.32	-0.59	0.6	0.73	0.41		0.83	0.78	0.49	0.5	0.72	0.25	0.66	0.84	-0.04	0.66	0.39	-0.53	0.08	-0.27	0.1	-0.06	-0.05	-0.42
Ebit	0.02	-0.55	0.87	0.92	0.74	0.83		0.99	0.8	0.62	0.71	0.19	0.62	0.96	0.32	0.61	0.21	-0.27	0.12	-0.05	0.03	0.05	0.28	-0.52
Ebitda	0.12	-0.51	0.91	0.94	0.8	0.78	0.99		0.86	0.67	0.66	0.15	0.57	0.94	0.41	0.56	0.15	-0.24	0.08	-0.01	-0.02	0.09	0.36	-0.55
Cost Of Revenue	0.5	-0.21	0.99	0.92	0.99	0.49	0.8	0.86		0.83	0.36	-0.09	0.28	0.7	0.78	0.23	-0.15	-0.11	-0.16	0.1	-0.23	0.25	0.57	-0.49
Total Operating Expenses	0.45	-0.2	0.81	0.74	0.83	0.5	0.62	0.67	0.83		0.46	0.17	0.43	0.49	0.68	0.36	0.12	-0.15	-0.41	-0.11	-0.22	0.27	0.45	-0.62
Income Before Tax	-0.37	-0.61	0.43	0.52	0.28	0.72	0.71	0.66	0.36	0.46		0.8	0.99	0.71	-0.13	0.98	0.84	-0.15	-0.02	-0.38	0.2	-0.06	-0.1	-0.51
Total Other Income Expense Net	-0.38	-0.35	-0.07	-0.04	-0.13	0.25	0.19	0.15	-0.09	0.17	0.8		0.86	0.21	-0.3	0.84	0.95	0.27	-0.12	-0.3	0.25	-0.06	-0.25	-0.36
Net Income	-0.38	-0.58	0.34	0.43	0.2	0.66	0.62	0.57	0.28	0.43	0.99	0.86		0.62	-0.17	0.98	0.89	-0.12	-0.07	-0.42	0.21	-0.07	-0.13	-0.52
Income Tax Expense	-0.16	-0.55	0.77	0.84	0.62	0.84	0.96	0.94	0.7	0.49	0.71	0.21	0.62		0.15	0.61	0.26	-0.28	0.26	0.01	0.02	0.02	0.1	-0.34
Selling General Administrative	0.86	0.26	0.7	0.55	0.85	-0.04	0.32	0.41	0.78	0.68	-0.13	-0.3	-0.17	0.15		-0.25	-0.46	0.19	-0.26	0.24	-0.26	0.31	0.62	-0.31
Net Income From Continuing Ops	-0.44	-0.63	0.3	0.4	0.15	0.66	0.61	0.56	0.23	0.36	0.98	0.84	0.98	0.61	-0.25		0.87	-0.15	-0.08	-0.41	0.19	-0.05	-0.09	-0.55
Non Recurring	-0.55	-0.41	-0.1	-0.01	-0.21	0.39	0.21	0.15	-0.15	0.12	0.84	0.95	0.89	0.26	-0.46	0.87		0.0	-0.03	-0.46	0.32	-0.2	-0.42	-0.25
Non Operating Income Net Other	0.29	0.3	-0.24	-0.42	-0.06	-0.53	-0.27	-0.24	-0.11	-0.15	-0.15	0.27	-0.12	-0.28	0.19	-0.15	0.0		-0.04	0.55	-0.02	0.22	0.15	0.03
Tax Provision	-0.32	0.08	-0.11	-0.04	-0.19	0.08	0.12	0.08	-0.16	-0.41	-0.02	-0.12	-0.07	0.26	-0.26	-0.08	-0.03	-0.04		0.15	0.43	-0.43	-0.59	0.55
Interest Income	0.29	0.28	0.02	-0.11	0.13	-0.27	-0.05	-0.01	0.1	-0.11	-0.38	-0.3	-0.42	0.01	0.24	-0.41	-0.46	0.55	0.15		-0.42	0.48	0.35	0.04
Net Interest Income	-0.21	-0.33	-0.19	-0.11	-0.24	0.1	0.03	-0.02	-0.23	-0.22	0.2	0.25	0.21	0.02	-0.26	0.19	0.32	-0.02	0.43	-0.42		-0.84	-0.51	0.23
Selling And Marketing Expenses	0.12	0.09	0.2	0.13	0.27	-0.06	0.05	0.09	0.25	0.27	-0.06	-0.06	-0.07	0.02	0.31	-0.05	-0.2	0.22	-0.43	0.48	-0.84		0.55	-0.45
Reconciled Depreciation	0.65	-0.1	0.52	0.42	0.6	-0.05	0.28	0.36	0.57	0.45	-0.1	-0.25	-0.13	0.1	0.62	-0.09	-0.42	0.15	-0.59	0.35	-0.51	0.55		-0.67
Extraordinary Items	-0.2	0.47	-0.51	-0.51	-0.47	-0.42	-0.52	-0.55	-0.49	-0.62	-0.51	-0.36	-0.52	-0.34	-0.31	-0.55	-0.25	0.03	0.55	0.04	0.23	-0.45	-0.67

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Forum Energy Account Relationship Matchups

Forum Energy income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	63.3M	51M	42.2M	37.0M	34.7M	57.6M
Interest Expense	31.6M	30.3M	32M	31.5M	18.3M	28.0M
Total Revenue	956.5M	512.5M	541.1M	699.9M	738.9M	758.7M
Gross Profit	244.9M	(11M)	123.3M	188.5M	204.2M	203.6M
Other Operating Expenses	963.3M	721.2M	586.7M	690.9M	715.1M	731.0M
Operating Income	(900K)	(231.6M)	(45.6M)	9M	23.8M	25.0M
Ebit	(900K)	(79.5M)	(50M)	9.1M	23.8M	43.7M
Ebitda	62.4M	(28.5M)	(7.8M)	46.0M	58.5M	85.6M
Cost Of Revenue	711.6M	523.5M	417.8M	511.4M	534.7M	555.1M
Total Operating Expenses	251.7M	197.7M	168.9M	179.5M	180.4M	171.4M
Income Before Tax	(568.9M)	(109.8M)	(82M)	10.3M	(7.8M)	(8.2M)
Total Other Income Expense Net	(568M)	121.9M	(36.5M)	(7.0M)	(31.6M)	(33.2M)
Net Income	(567.1M)	(96.9M)	(82.7M)	3.7M	(18.9M)	(19.8M)
Income Tax Expense	(1.8M)	(12.9M)	700K	6.6M	11.1M	10.3M
Selling General Administrative	251.7M	197.7M	168.9M	179.5M	183.3M	180.0M
Net Income Applicable To Common Shares	(567.1M)	(96.9M)	(82.7M)	3.7M	3.3M	3.5M
Net Income From Continuing Ops	(567.1M)	(96.9M)	(82.7M)	3.7M	(14.9M)	(15.7M)
Non Recurring	(75.6M)	(367.0M)	(533.5M)	23.5M	21.2M	22.2M
Non Operating Income Net Other	39.8M	(1.1M)	152.1M	(5.5M)	(6.3M)	(6.0M)
Tax Provision	(1.8M)	(12.9M)	642K	6.6M	7.9M	8.2M
Interest Income	36.6M	36.8M	32.2M	7M	8.1M	7.6M
Net Interest Income	(31.6M)	(30.3M)	(32.0M)	(31.5M)	(21.7M)	(22.7M)
Reconciled Depreciation	63.2M	51M	42.2M	37.1M	34.8M	42.1M

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Forum Historical Income Statement

About Forum Income Statement Analysis

Forum Energy Income Statement Chart

Depreciation And Amortization

Other Operating Expenses

Cost Of Revenue

Total Operating Expenses

Forum Energy income statement Correlations

Forum Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Forum Energy income statement Accounts

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Cost Of Revenue	+ 0.99	Total Revenue
Cost Of Revenue	+ 0.99	Other Operating Expenses
Ebitda	+ 0.99	Ebit
Net Income	+ 0.99	Income Before Tax
Net Income From Continuing Ops	+ 0.98	Income Before Tax
Net Income From Continuing Ops	+ 0.98	Net Income

Selling And Marketing Expenses	- 0.84	Net Interest Income
Extraordinary Items	- 0.67	Reconciled Depreciation
Net Income From Continuing Ops	- 0.63	Interest Expense
Extraordinary Items	- 0.62	Total Operating Expenses
Income Before Tax	- 0.61	Interest Expense
Reconciled Depreciation	- 0.59	Tax Provision