GROW Historical Income Statement

GROW Stock  USD 2.43  0.02  0.82%   
Historical analysis of US Global income statement accounts such as Selling General Administrative of 7 M or Total Revenue of 14.9 M can show how well US Global Investors performed in making a profits. Evaluating US Global income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of US Global's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining US Global Investors 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 US Global Investors 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 US Global Investors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

About GROW Income Statement Analysis

US Global Investors 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 US Global shareholders. The income statement also shows GROW 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).

US Global Income Statement Chart

At this time, US Global's Research Development is fairly stable compared to the past year. Tax Provision is likely to climb to about 931.5 K in 2024, whereas Interest Expense is likely to drop 2,850 in 2024.

Total Revenue

Total revenue comprises all receipts US Global Investors 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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of US Global Investors. It is also known as US Global 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 US Global's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into US Global Investors 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 US Global Investors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
At this time, US Global's Research Development is fairly stable compared to the past year. Tax Provision is likely to climb to about 931.5 K in 2024, whereas Interest Expense is likely to drop 2,850 in 2024.

US Global income statement Correlations

-0.11-0.030.11-0.230.19-0.50.19-0.150.14-0.110.130.18-0.11-0.180.12-0.47-0.14-0.310.10.290.43-0.3
-0.110.66-0.920.760.250.310.270.960.060.920.060.060.920.80.090.02-0.32-0.330.13-0.36-0.25-0.01
-0.030.66-0.430.80.760.680.740.630.530.430.540.50.430.620.56-0.28-0.39-0.450.64-0.210.01-0.39
0.11-0.92-0.43-0.59-0.09-0.15-0.08-0.79-0.01-1.00.01-0.08-1.0-0.740.02-0.140.180.150.010.310.3-0.17
-0.230.760.8-0.590.240.340.220.750.160.590.160.140.60.910.20.1-0.27-0.390.34-0.62-0.450.04
0.190.250.76-0.090.240.740.970.20.590.090.590.580.090.070.59-0.52-0.33-0.330.590.260.41-0.65
-0.50.310.68-0.150.340.740.750.310.420.150.430.390.150.170.44-0.25-0.2-0.10.430.070.19-0.43
0.190.270.74-0.080.220.970.750.240.580.080.580.570.080.060.59-0.65-0.33-0.350.560.30.55-0.73
-0.150.960.63-0.790.750.20.310.24-0.020.790.0-0.070.790.720.070.03-0.33-0.360.11-0.42-0.280.0
0.140.060.53-0.010.160.590.420.58-0.020.011.00.940.01-0.070.98-0.36-0.17-0.170.940.290.35-0.17
-0.110.920.43-1.00.590.090.150.080.790.010.00.081.00.74-0.020.14-0.18-0.150.0-0.31-0.30.17
0.130.060.540.010.160.590.430.580.01.00.00.92-0.01-0.070.99-0.36-0.21-0.180.940.290.36-0.17
0.180.060.5-0.080.140.580.390.57-0.070.940.080.920.08-0.020.87-0.370.02-0.120.870.280.37-0.23
-0.110.920.43-1.00.60.090.150.080.790.011.0-0.010.080.74-0.020.14-0.18-0.150.0-0.31-0.30.17
-0.180.80.62-0.740.910.070.170.060.72-0.070.74-0.07-0.020.74-0.080.12-0.28-0.340.05-0.57-0.430.05
0.120.090.560.020.20.590.440.590.070.98-0.020.990.87-0.02-0.08-0.34-0.24-0.210.960.240.31-0.14
-0.470.02-0.28-0.140.1-0.52-0.25-0.650.03-0.360.14-0.36-0.370.140.12-0.340.160.48-0.3-0.23-0.840.63
-0.14-0.32-0.390.18-0.27-0.33-0.2-0.33-0.33-0.17-0.18-0.210.02-0.18-0.28-0.240.160.17-0.14-0.18-0.040.13
-0.31-0.33-0.450.15-0.39-0.33-0.1-0.35-0.36-0.17-0.15-0.18-0.12-0.15-0.34-0.210.480.17-0.280.18-0.280.29
0.10.130.640.010.340.590.430.560.110.940.00.940.870.00.050.96-0.3-0.14-0.280.050.18-0.14
0.29-0.36-0.210.31-0.620.260.070.3-0.420.29-0.310.290.28-0.31-0.570.24-0.23-0.180.180.050.67-0.43
0.43-0.250.010.3-0.450.410.190.55-0.280.35-0.30.360.37-0.3-0.430.31-0.84-0.04-0.280.180.67-0.66
-0.3-0.01-0.39-0.170.04-0.65-0.43-0.730.0-0.170.17-0.17-0.230.170.05-0.140.630.130.29-0.14-0.43-0.66
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US Global Account Relationship Matchups

US Global income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization8.9M3.6M228.5K14.0M196K186.2K
Interest Expense4.7M58.1M4.0M4K3K2.9K
Selling General Administrative3.7M5.7M6.9M6.1M6.1M7.0M
Total Revenue4.5M21.7M24.7M15.1M11.0M14.9M
Gross Profit1.6M14.3M18.7M10.3M6.2M6.5M
Other Operating Expenses6.9M13.5M13.6M11.5M11.5M12.5M
Operating Income(192K)8.2M15.8M3.5M(480K)(456K)
Ebit(8.9M)5.0M15.2M(9.7M)1.9M1.9M
Ebitda10K8.5M15.4M4.3M2.1M2.8M
Total Operating Expenses4.0M6.1M7.5M6.7M6.7M10.6M
Income Before Tax(4.6M)37.4M7.1M4.1M1.9M1.8M
Total Other Income Expense Net(4.4M)29.3M(8.7M)558K2.4M2.3M
Net Income(4.5M)32.0M5.5M3.1M1.3M2.7M
Income Tax Expense(175K)5.5M1.6M934K582K552.9K
Cost Of Revenue2.8M7.4M6.1M4.8M4.8M4.6M
Net Income Applicable To Common Shares(3.4M)(4.7M)32.0M5.5M6.3M4.1M
Selling And Marketing Expenses174K220K405K382K404K434.7K
Net Income From Continuing Ops(4.5M)32.0M5.5M3.1M1.3M2.3M
Research Development1.040.950.170.250.290.33
Minority Interest518K467K(118K)30K27K25.7K
Tax Provision(175K)5.5M1.6M934K582K931.5K
Reconciled Depreciation202K196K(419K)(246K)(139K)(132.1K)

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Additional Tools for GROW Stock Analysis

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