Grid Historical Income Statement

GRDM Stock  CAD 0.04  0.01  12.50%   
Historical analysis of Grid Metals income statement accounts such as Total Operating Expenses of 11.8 M or Total Other Income Expense Net of 1 M can show how well Grid Metals Corp performed in making a profits. Evaluating Grid Metals income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Grid Metals's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Grid Metals Corp 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 Grid Metals Corp 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 Grid Metals Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

About Grid Income Statement Analysis

Grid Metals Corp 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 Grid Metals shareholders. The income statement also shows Grid 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).

Grid Metals Income Statement Chart

At this time, Grid Metals' Other Operating Expenses is fairly stable compared to the past year. Total Operating Expenses is likely to climb to about 11.8 M in 2024, despite the fact that Operating Income is likely to grow to (10.6 M).

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Grid Metals Corp. It is also known as Grid Metals 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.
Most accounts from Grid Metals' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Grid Metals Corp 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 Grid Metals Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At this time, Grid Metals' Other Operating Expenses is fairly stable compared to the past year. Total Operating Expenses is likely to climb to about 11.8 M in 2024, despite the fact that Operating Income is likely to grow to (10.6 M).
 2021 2022 2023 2024 (projected)
Other Operating Expenses4.4M9.4M10.9M11.4M
Depreciation And Amortization12.4K25.2K22.7K12.6K

Grid Metals income statement Correlations

0.31-0.38-0.3-0.290.31-0.210.22-0.19-0.060.390.29-0.11-0.150.2-0.20.2
0.31-0.99-0.96-0.961.0-0.750.58-0.760.190.940.8-0.77-0.80.87-0.880.88
-0.38-0.990.950.95-0.990.76-0.560.77-0.19-0.94-0.80.750.79-0.870.87-0.87
-0.3-0.960.951.0-0.950.58-0.730.61-0.29-0.9-0.650.630.68-0.750.76-0.75
-0.29-0.960.951.0-0.950.58-0.730.61-0.29-0.9-0.650.630.68-0.750.76-0.75
0.311.0-0.99-0.95-0.95-0.770.56-0.770.190.940.81-0.78-0.810.88-0.880.88
-0.21-0.750.760.580.58-0.770.10.99-0.06-0.8-0.940.880.97-0.930.93-0.93
0.220.58-0.56-0.73-0.730.560.10.080.210.410.03-0.050.00.16-0.170.16
-0.19-0.760.770.610.61-0.770.990.08-0.17-0.82-0.940.880.98-0.940.94-0.94
-0.060.19-0.19-0.29-0.290.19-0.060.21-0.170.260.08-0.12-0.230.19-0.20.19
0.390.94-0.94-0.9-0.90.94-0.80.41-0.820.260.82-0.78-0.870.87-0.870.87
0.290.8-0.8-0.65-0.650.81-0.940.03-0.940.080.82-0.94-0.940.98-0.970.98
-0.11-0.770.750.630.63-0.780.88-0.050.88-0.12-0.78-0.940.89-0.940.92-0.94
-0.15-0.80.790.680.68-0.810.970.00.98-0.23-0.87-0.940.89-0.950.95-0.95
0.20.87-0.87-0.75-0.750.88-0.930.16-0.940.190.870.98-0.94-0.95-1.01.0
-0.2-0.880.870.760.76-0.880.93-0.170.94-0.2-0.87-0.970.920.95-1.0-1.0
0.20.88-0.87-0.75-0.750.88-0.930.16-0.940.190.870.98-0.94-0.951.0-1.0
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Grid Metals Account Relationship Matchups

Grid Metals income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization12.7K11.2K12.4K25.2K22.7K12.6K
Other Operating Expenses771.5K1.5M4.4M9.4M10.9M11.4M
Operating Income(771.5K)(1.5M)(4.4M)(9.2M)(11.2M)(10.6M)
Ebit(771.5K)(1.5M)(4.4M)(9.2M)(8.3M)(7.9M)
Ebitda(758.8K)(1.5M)(4.4M)(9.2M)(8.3M)(7.9M)
Total Operating Expenses758.8K1.5M4.4M9.4M11.2M11.8M
Income Before Tax(659.7K)(1.3M)(3.9M)275.8K(10.4M)(9.9M)
Total Other Income Expense Net111.8K161.6K515.7K9.7M957.9K1.0M
Net Income(659.7K)(2.3M)(3.9M)275.8K(10.4M)(9.9M)
Income Tax Expense(463K)(43K)966K210.4K242.0K254.1K
Selling General Administrative758.8K1.5M2.0M2.1M3.2M3.3M
Net Income From Continuing Ops(659.7K)(2.3M)(3.9M)275.8K(10.4M)(9.9M)
Net Income Applicable To Common Shares(1.0M)(659.7K)(3.2M)(3.9M)(3.5M)(3.3M)
Reconciled Depreciation12.7K11.2K12.4K25.2K151.2K158.8K
Gross Profit(12.7K)(11.2K)(12.4K)(25.2K)(151.2K)(143.6K)
Cost Of Revenue12.7K11.2K12.4K25.2K151.2K158.8K

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When running Grid Metals' price analysis, check to measure Grid Metals' 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 Grid Metals is operating at the current time. Most of Grid Metals' value examination focuses on studying past and present price action to predict the probability of Grid Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grid Metals' price. Additionally, you may evaluate how the addition of Grid Metals to your portfolios can decrease your overall portfolio volatility.