Galectin Historical Income Statement

GALT Stock  USD 2.84  0.07  2.53%   
Historical analysis of Galectin Therapeutics income statement accounts such as Selling General Administrative of 5.3 M or Other Operating Expenses of 40 M can show how well Galectin Therapeutics performed in making a profits. Evaluating Galectin Therapeutics income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Galectin Therapeutics's future profits or losses.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Galectin Therapeutics 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 Galectin Therapeutics is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galectin Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Galectin Stock please use our How to Invest in Galectin Therapeutics guide.

About Galectin Income Statement Analysis

Galectin Therapeutics 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 Galectin Therapeutics shareholders. The income statement also shows Galectin 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).

Galectin Therapeutics Income Statement Chart

At this time, Galectin Therapeutics' Depreciation And Amortization is comparatively stable compared to the past year. Interest Expense is likely to gain to about 2.7 M in 2024, despite the fact that EBIT is likely to grow to (36.4 M).

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 Galectin Therapeutics. It is also known as Galectin Therapeutics 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.

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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Galectin Therapeutics minus its cost of goods sold. It is profit before Galectin Therapeutics 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.
Most accounts from Galectin Therapeutics' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Galectin Therapeutics 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galectin Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Galectin Stock please use our How to Invest in Galectin Therapeutics guide.At this time, Galectin Therapeutics' Depreciation And Amortization is comparatively stable compared to the past year. Interest Expense is likely to gain to about 2.7 M in 2024, despite the fact that EBIT is likely to grow to (36.4 M).

Galectin Therapeutics income statement Correlations

-0.030.65-0.61-0.620.680.560.65-0.66-0.97-0.65-0.920.1-0.1-0.710.160.68-0.920.42-0.95
-0.030.36-0.38-0.380.23-0.440.36-0.37-0.05-0.37-0.280.9-0.9-0.15-0.1-0.01-0.060.10.05
0.650.36-1.0-1.00.99-0.271.0-1.0-0.69-1.0-0.70.46-0.46-0.970.210.34-0.820.7-0.62
-0.61-0.38-1.01.0-0.990.31-1.01.00.661.00.68-0.470.470.96-0.2-0.310.8-0.710.57
-0.62-0.38-1.01.0-0.990.3-1.01.00.661.00.69-0.470.470.96-0.2-0.310.81-0.710.58
0.680.230.99-0.99-0.99-0.230.99-0.99-0.71-0.99-0.690.35-0.35-0.990.230.35-0.850.72-0.64
0.56-0.44-0.270.310.3-0.23-0.270.26-0.480.26-0.4-0.380.380.15-0.020.5-0.26-0.24-0.52
0.650.361.0-1.0-1.00.99-0.27-1.0-0.69-1.0-0.70.46-0.46-0.970.210.34-0.820.7-0.62
-0.66-0.37-1.01.01.0-0.990.26-1.00.71.00.71-0.460.460.97-0.2-0.340.84-0.710.61
-0.97-0.05-0.690.660.66-0.71-0.48-0.690.70.70.89-0.130.130.75-0.07-0.60.94-0.430.91
-0.65-0.37-1.01.01.0-0.990.26-1.01.00.70.71-0.460.460.97-0.2-0.330.83-0.710.6
-0.92-0.28-0.70.680.69-0.69-0.4-0.70.710.890.71-0.440.440.67-0.12-0.650.84-0.390.86
0.10.90.46-0.47-0.470.35-0.380.46-0.46-0.13-0.46-0.44-1.0-0.230.030.1-0.150.2-0.09
-0.1-0.9-0.460.470.47-0.350.38-0.460.460.130.460.44-1.00.23-0.03-0.10.15-0.210.1
-0.71-0.15-0.970.960.96-0.990.15-0.970.970.750.970.67-0.230.23-0.21-0.350.89-0.710.66
0.16-0.10.21-0.2-0.20.23-0.020.21-0.2-0.07-0.2-0.120.03-0.03-0.210.42-0.190.47-0.15
0.68-0.010.34-0.31-0.310.350.50.34-0.34-0.6-0.33-0.650.1-0.1-0.350.42-0.530.5-0.65
-0.92-0.06-0.820.80.81-0.85-0.26-0.820.840.940.830.84-0.150.150.89-0.19-0.53-0.560.85
0.420.10.7-0.71-0.710.72-0.240.7-0.71-0.43-0.71-0.390.2-0.21-0.710.470.5-0.56-0.36
-0.950.05-0.620.570.58-0.64-0.52-0.620.610.910.60.86-0.090.10.66-0.15-0.650.85-0.36
Click cells to compare fundamentals

Galectin Therapeutics Account Relationship Matchups

Galectin Therapeutics income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization266K36K41K32K38.1M40.0M
Selling General Administrative6.0M5.5M6.4M6.6M5.9M5.3M
Other Operating Expenses13.4M23.4M30.2M38.4M38.1M40.0M
Operating Income(13.4M)(23.4M)(30.2M)(38.4M)(38.1M)(36.2M)
Ebit(13.4M)(23.4M)(30.0M)(37.7M)(38.3M)(36.4M)
Research Development7.5M18.0M23.8M31.7M32.1M33.7M
Ebitda(13.2M)(23.3M)(30.0M)(37.7M)(202K)(212.1K)
Total Operating Expenses13.4M23.4M30.2M38.4M38.1M40.0M
Income Before Tax(13.3M)(23.5M)(30.5M)(38.8M)(41.1M)(39.0M)
Total Other Income Expense Net144K(21K)(348K)(424K)(3.0M)(2.8M)
Net Income(13.4M)(23.5M)(31.0M)(39.2M)(41.1M)(39.0M)
Income Tax Expense87K51K448K424K(3.0M)(2.8M)
Gross Profit(35K)(36K)(41K)(32K)(33K)(34.7K)
Cost Of Revenue35K36K41K32K33K31.4K
Preferred Stock And Other Adjustments1.2M1.1M263K137K123.3K117.1K
Net Income From Continuing Ops(13.3M)(23.5M)(30.5M)(38.8M)(41.7M)(39.6M)
Non Operating Income Net Other24K38K231K66K75.9K79.7K
Net Income Applicable To Common Shares(20.2M)(23.6M)(30.7M)(38.9M)(35.0M)(36.7M)
Interest Income38K231K66K3K186K195.3K
Net Interest Income144K(21K)(486K)(981K)(2.1M)(2.0M)
Reconciled Depreciation35K36K41K32K36.8K27.8K

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Galectin Stock Analysis

When running Galectin Therapeutics' price analysis, check to measure Galectin Therapeutics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Galectin Therapeutics is operating at the current time. Most of Galectin Therapeutics' value examination focuses on studying past and present price action to predict the probability of Galectin Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Galectin Therapeutics' price. Additionally, you may evaluate how the addition of Galectin Therapeutics to your portfolios can decrease your overall portfolio volatility.