Freight Historical Income Statement

FRGT Stock

USD 1.40 0.04 2.94%

Historical analysis of Freight Technologies income statement accounts such as Other Operating Expenses of 14.6 M or Cost Of Revenue of 23.2 M can show how well Freight Technologies performed in making a profits. Evaluating Freight Technologies income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Freight Technologies'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 Freight 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 Freight 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 Freight 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 price.

For more information on how to buy Freight Stock please use our How to Invest in Freight Technologies guide.

About Freight Income Statement Analysis

Freight 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 Freight Technologies shareholders. The income statement also shows Freight 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).

Freight Technologies Income Statement Chart

At this time, Freight Technologies' Cost Of Revenue is comparatively stable compared to the past year. Total Operating Expenses is likely to gain to about 4.6 M in 2024, despite the fact that Gross Profit is likely to grow to (4.8 M).

Total Revenue Gross Profit Other Operating Expenses Cost Of Revenue Total Operating Expenses

Total Revenue

Total revenue comprises all receipts Freight 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 Freight Technologies minus its cost of goods sold. It is profit before Freight 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 Freight Technologies. It is also known as Freight 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.

Cost Of Revenue

Cost of Revenue is found on Freight Technologies income statement and represents the costs associated with goods and services Freight Technologies 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 Freight Technologies' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Freight 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 Freight 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 price.

For more information on how to buy Freight Stock please use our How to Invest in Freight Technologies guide.At this time, Freight Technologies' Cost Of Revenue is comparatively stable compared to the past year. Total Operating Expenses is likely to gain to about 4.6 M in 2024, despite the fact that Gross Profit is likely to grow to (4.8 M).

	2021	2022	2023	2024 (projected)
Total Revenue	21.5M	25.9M	17.1M	16.4M
Depreciation And Amortization	3.2K	243.3K	404.6K	232.8K

Total Revenue Depreciation And Amortization

Freight Technologies income statement Correlations

	Depreciation And Amortization	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	Selling And Marketing Expenses	Research Development	Net Interest Income	Interest Expense	Net Income From Continuing Ops	Reconciled Depreciation
Depreciation And Amortization		-0.26	-0.58	0.27	-0.55	-0.55	-0.53	0.3	0.15	-0.5	-0.07	-0.47	-0.71	-0.16	-0.48	0.66	-0.18	0.18	-0.25	0.06
Total Revenue	-0.26		0.23	0.59	0.05	0.05	0.05	0.54	0.61	0.07	0.12	0.09	0.0	0.66	0.31	0.1	-0.6	0.61	-0.5	-0.71
Gross Profit	-0.58	0.23		-0.59	0.97	0.97	0.97	-0.69	-0.39	0.97	0.69	0.97	0.63	-0.27	0.65	-0.85	0.56	-0.53	0.71	0.4
Other Operating Expenses	0.27	0.59	-0.59		-0.74	-0.75	-0.75	0.93	0.88	-0.74	-0.49	-0.72	-0.55	0.8	-0.23	0.76	-0.89	0.91	-0.89	-0.85
Operating Income	-0.55	0.05	0.97	-0.74		1.0	1.0	-0.79	-0.6	0.99	0.69	0.99	0.69	-0.47	0.59	-0.91	0.67	-0.65	0.79	0.53
Ebit	-0.55	0.05	0.97	-0.75	1.0		1.0	-0.79	-0.6	0.99	0.69	0.99	0.69	-0.47	0.58	-0.91	0.67	-0.65	0.79	0.53
Ebitda	-0.53	0.05	0.97	-0.75	1.0	1.0		-0.8	-0.6	1.0	0.7	0.99	0.68	-0.48	0.58	-0.91	0.67	-0.66	0.8	0.54
Cost Of Revenue	0.3	0.54	-0.69	0.93	-0.79	-0.79	-0.8		0.78	-0.78	-0.5	-0.76	-0.54	0.72	-0.33	0.81	-0.92	0.9	-0.99	-0.87
Total Operating Expenses	0.15	0.61	-0.39	0.88	-0.6	-0.6	-0.6	0.78		-0.58	-0.32	-0.55	-0.54	0.91	-0.1	0.67	-0.75	0.76	-0.73	-0.77
Income Before Tax	-0.5	0.07	0.97	-0.74	0.99	0.99	1.0	-0.78	-0.58		0.76	1.0	0.64	-0.48	0.58	-0.88	0.68	-0.67	0.78	0.54
Total Other Income Expense Net	-0.07	0.12	0.69	-0.49	0.69	0.69	0.7	-0.5	-0.32	0.76		0.8	0.17	-0.43	0.35	-0.49	0.57	-0.58	0.51	0.45
Net Income	-0.47	0.09	0.97	-0.72	0.99	0.99	0.99	-0.76	-0.55	1.0	0.8		0.59	-0.47	0.55	-0.85	0.67	-0.66	0.77	0.54
Income Tax Expense	-0.71	0.0	0.63	-0.55	0.69	0.69	0.68	-0.54	-0.54	0.64	0.17	0.59		-0.2	0.69	-0.86	0.43	-0.42	0.5	0.3
Selling General Administrative	-0.16	0.66	-0.27	0.8	-0.47	-0.47	-0.48	0.72	0.91	-0.48	-0.43	-0.47	-0.2		0.17	0.42	-0.73	0.73	-0.67	-0.84
Selling And Marketing Expenses	-0.48	0.31	0.65	-0.23	0.59	0.58	0.58	-0.33	-0.1	0.58	0.35	0.55	0.69	0.17		-0.71	0.24	-0.22	0.41	-0.02
Research Development	0.66	0.1	-0.85	0.76	-0.91	-0.91	-0.91	0.81	0.67	-0.88	-0.49	-0.85	-0.86	0.42	-0.71		-0.67	0.65	-0.81	-0.5
Net Interest Income	-0.18	-0.6	0.56	-0.89	0.67	0.67	0.67	-0.92	-0.75	0.68	0.57	0.67	0.43	-0.73	0.24	-0.67		-0.99	0.89	0.89
Interest Expense	0.18	0.61	-0.53	0.91	-0.65	-0.65	-0.66	0.9	0.76	-0.67	-0.58	-0.66	-0.42	0.73	-0.22	0.65	-0.99		-0.86	-0.88
Net Income From Continuing Ops	-0.25	-0.5	0.71	-0.89	0.79	0.79	0.8	-0.99	-0.73	0.78	0.51	0.77	0.5	-0.67	0.41	-0.81	0.89	-0.86		0.81
Reconciled Depreciation	0.06	-0.71	0.4	-0.85	0.53	0.53	0.54	-0.87	-0.77	0.54	0.45	0.54	0.3	-0.84	-0.02	-0.5	0.89	-0.88	0.81

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Freight Technologies Account Relationship Matchups

Freight Technologies income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	660.1K	1.2K	3.2K	243.3K	404.6K	232.8K
Total Revenue	4.2M	9.2M	21.5M	25.9M	17.1M	16.4M
Gross Profit	331.1K	794.4K	1.9M	2.3M	(5.0M)	(4.8M)
Other Operating Expenses	7.2M	13.9M	26.3M	33.0M	25.3M	14.6M
Operating Income	(3.1M)	(4.7M)	(4.8M)	(7.1M)	(8.3M)	(7.8M)
Ebit	(3.1M)	(4.7M)	(4.8M)	(7.2M)	(8.4M)	(8.0M)
Ebitda	(2.4M)	(4.7M)	(4.8M)	(6.9M)	(8.0M)	(7.6M)
Cost Of Revenue	3.8M	8.4M	19.6M	23.6M	22.1M	23.2M
Total Operating Expenses	3.4M	5.5M	6.7M	9.3M	3.2M	4.6M
Income Before Tax	(3.5M)	(5.8M)	(8.2M)	(8.1M)	(9.2M)	(8.8M)
Total Other Income Expense Net	(428.7K)	(1.1M)	(3.4M)	(1.0M)	(961.5K)	(913.4K)
Net Income	(3.5M)	(5.9M)	(8.2M)	(8.2M)	(9.3M)	(8.9M)
Income Tax Expense	10.0K	23.1K	40.3K	90.5K	104.9K	99.7K
Selling General Administrative	2.6M	4.9M	6.3M	8.5M	3.2M	4.8M
Selling And Marketing Expenses	130.6K	23.6K	91.7K	557.5K	80.3K	76.3K
Tax Provision	10.0K	23.1K	40.3K	90.5K	104.9K	110.2K
Net Interest Income	(428.7K)	(334.2K)	(1.1M)	(907.0K)	(807.9K)	(848.3K)
Interest Expense	428.8K	334.2K	1.1M	907.0K	807.9K	725.0K
Net Income From Continuing Ops	(3.5M)	(5.9M)	(8.2M)	(8.2M)	(9.3M)	(9.8M)
Reconciled Depreciation	660.0K	531.0K	302.1K	243.3K	404.6K	356.7K

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Freight Historical Income Statement

About Freight Income Statement Analysis

Freight Technologies Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Cost Of Revenue

Total Operating Expenses

Freight Technologies income statement Correlations

Freight Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Freight Technologies income statement Accounts

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Ebit	+ 1.0	Operating Income
Ebitda	+ 1.0	Operating Income
Ebitda	+ 1.0	Ebit
Income Before Tax	+ 1.0	Ebitda
Net Income	+ 1.0	Income Before Tax
Income Before Tax	+ 0.99	Operating Income

Interest Expense	- 0.99	Net Interest Income
Net Income From Continuing Ops	- 0.99	Cost Of Revenue
Net Interest Income	- 0.92	Cost Of Revenue
Research Development	- 0.91	Ebitda
Research Development	- 0.91	Ebit
Research Development	- 0.91	Operating Income