BitFuFu Net Income From Continuing Ops vs Operating Income Analysis

FUFU Stock   5.24  0.23  4.59%   
BitFuFu financial indicator trend analysis is way more than just evaluating BitFuFu Class A prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BitFuFu Class A is a good investment. Please check the relationship between BitFuFu Net Income From Continuing Ops and its Operating Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in BitFuFu Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Net Income From Continuing Ops vs Operating Income

Net Income From Continuing Ops vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BitFuFu Class A Net Income From Continuing Ops account and Operating Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between BitFuFu's Net Income From Continuing Ops and Operating Income is 0.79. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Operating Income in the same time period over historical financial statements of BitFuFu Class A, assuming nothing else is changed. The correlation between historical values of BitFuFu's Net Income From Continuing Ops and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of BitFuFu Class A are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Net Income From Continuing Ops i.e., BitFuFu's Net Income From Continuing Ops and Operating Income go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Income From Continuing Ops

Operating Income

Operating Income is the amount of profit realized from BitFuFu Class A 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 BitFuFu Class A 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 indicators from BitFuFu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BitFuFu Class A current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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 BitFuFu Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
Tax Provision is likely to gain to about 2.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit9.0M36.2M12.7M16.0M
Total Revenue103.0M198.2M284.1M161.3M

BitFuFu fundamental ratios Correlations

0.630.970.510.450.94-0.050.960.670.080.970.980.970.830.990.130.94-0.97-0.120.970.920.30.92
0.630.420.970.050.34-0.250.530.280.790.440.610.430.90.510.830.85-0.44-0.830.430.88-0.540.44
0.970.420.290.461.0-0.040.950.66-0.171.00.941.00.690.99-0.110.83-1.00.121.00.790.520.95
0.510.970.290.120.2-0.10.40.280.890.30.530.290.810.40.920.77-0.3-0.920.30.81-0.670.26
0.450.050.460.120.470.870.590.95-0.050.460.610.460.330.55-0.070.38-0.470.070.470.360.260.46
0.940.341.00.20.47-0.010.940.66-0.250.990.911.00.630.97-0.20.78-0.990.210.990.740.60.94
-0.05-0.25-0.04-0.10.87-0.010.110.68-0.04-0.030.15-0.03-0.080.06-0.09-0.080.030.09-0.03-0.080.07-0.03
0.960.530.950.40.590.940.110.8-0.010.950.960.950.820.970.030.87-0.96-0.030.950.850.370.98
0.670.280.660.280.950.660.680.80.030.660.80.660.590.740.030.61-0.68-0.020.670.60.260.7
0.080.79-0.170.89-0.05-0.25-0.04-0.010.03-0.150.12-0.160.53-0.041.00.410.15-1.0-0.160.47-0.93-0.15
0.970.441.00.30.460.99-0.030.950.66-0.150.941.00.70.99-0.10.84-1.00.11.00.80.510.95
0.980.610.940.530.610.910.150.960.80.120.940.940.830.980.160.93-0.94-0.160.940.910.260.89
0.970.431.00.290.461.0-0.030.950.66-0.161.00.940.690.99-0.110.83-1.00.121.00.80.520.95
0.830.90.690.810.330.63-0.080.820.590.530.70.830.690.760.570.94-0.71-0.570.70.95-0.20.76
0.990.510.990.40.550.970.060.970.74-0.040.990.980.990.760.00.89-0.990.00.990.850.420.94
0.130.83-0.110.92-0.07-0.2-0.090.030.031.0-0.10.16-0.110.570.00.460.1-1.0-0.10.51-0.91-0.1
0.940.850.830.770.380.78-0.080.870.610.410.840.930.830.940.890.46-0.84-0.450.841.0-0.040.79
-0.97-0.44-1.0-0.3-0.47-0.990.03-0.96-0.680.15-1.0-0.94-1.0-0.71-0.990.1-0.84-0.1-1.0-0.8-0.51-0.96
-0.12-0.830.12-0.920.070.210.09-0.03-0.02-1.00.1-0.160.12-0.570.0-1.0-0.45-0.10.11-0.510.910.1
0.970.431.00.30.470.99-0.030.950.67-0.161.00.941.00.70.99-0.10.84-1.00.110.80.510.95
0.920.880.790.810.360.74-0.080.850.60.470.80.910.80.950.850.511.0-0.8-0.510.8-0.110.76
0.3-0.540.52-0.670.260.60.070.370.26-0.930.510.260.52-0.20.42-0.91-0.04-0.510.910.51-0.110.49
0.920.440.950.260.460.94-0.030.980.7-0.150.950.890.950.760.94-0.10.79-0.960.10.950.760.49
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BitFuFu Account Relationship Matchups

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