Glory Historical Income Statement
GSMGW Stock | USD 0 0.00 0.00% |
Historical analysis of Glory Star income statement accounts such as Depreciation And Amortization of 4.4 M or Interest Expense of 101.6 K can show how well Glory Star New performed in making a profits. Evaluating Glory Star income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Glory Star's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Glory Star New 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 Glory Star New is a good buy for the upcoming year.
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About Glory Income Statement Analysis
Glory Star New 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 Glory Star shareholders. The income statement also shows Glory 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).
Glory Star Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Glory Star New 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 Glory Star New minus its cost of goods sold. It is profit before Glory Star 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.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Glory Star New financial statement analysis. It represents the amount of money remaining after all of Glory Star New operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from Glory Star's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Glory Star New 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. 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. At this time, Glory Star's Net Interest Income is fairly stable compared to the past year. Depreciation And Amortization is likely to climb to about 4.4 M in 2024, whereas Interest Expense is likely to drop slightly above 101.6 K in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 513K | 93K | 107.0K | 101.6K | Depreciation And Amortization | 2.3M | 3.6M | 4.2M | 4.4M |
Glory Star income statement Correlations
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Glory Star Account Relationship Matchups
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Glory Star income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Tax Provision | 191K | 1.7M | 976K | 413K | 61K | 58.0K | |
Net Interest Income | (295K) | (282K) | (513K) | (93K) | 3K | 3.2K | |
Depreciation And Amortization | 50K | 3.9M | 2.3M | 3.6M | 4.2M | 4.4M | |
Interest Expense | 295K | 282K | 513K | 93K | 107.0K | 101.6K | |
Selling General Administrative | 3.1M | 10.1M | 3.3M | 5.9M | 81.9M | 86.0M | |
Selling And Marketing Expenses | 3.2M | 43.8M | 77.5M | 82.5M | 94.9M | 99.7M | |
Total Revenue | 65.8M | 123.8M | 153.0M | 157.1M | 152.3M | 116.8M | |
Gross Profit | 33.9M | 85.3M | 118.1M | 116.5M | 112.8M | 78.7M | |
Other Operating Expenses | 38.9M | 93.1M | 116.7M | 130.4M | 149.9M | 81.8M | |
Operating Income | 26.8M | 30.7M | 36.3M | 26.7M | 29.3M | 27.3M | |
Net Income From Continuing Ops | 26.4M | 29.2M | 35.4M | 26.4M | 30.5M | 27.0M | |
Ebit | 27.5M | 30.7M | 36.3M | 26.7M | 30.7M | 26.6M | |
Research Development | 749K | 691K | 920K | 1.3M | 1.6M | 941.9K | |
Ebitda | 27.6M | 34.6M | 38.5M | 30.3M | 34.9M | 28.5M | |
Cost Of Revenue | 31.9M | 38.5M | 34.9M | 40.6M | 39.5M | 38.1M | |
Total Operating Expenses | 7.0M | 54.6M | 81.8M | 89.8M | 123.0M | 129.2M | |
Reconciled Depreciation | 1.1M | 3.4M | 2.5M | 3.3M | 3.8M | 2.3M | |
Income Before Tax | 26.6M | 30.9M | 36.3M | 26.9M | 30.6M | 27.5M | |
Total Other Income Expense Net | (245K) | 249K | 41K | 127K | 1.3M | 1.4M | |
Net Income | 26.3M | 29.3M | 35.3M | 26.9M | 30.5M | 27.1M | |
Income Tax Expense | 191K | 1.7M | 976K | 413K | 475.0K | 495.9K | |
Minority Interest | (80K) | 31K | (65K) | 450K | (51K) | (48.5K) |
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When running Glory Star's price analysis, check to measure Glory Star'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 Glory Star is operating at the current time. Most of Glory Star's value examination focuses on studying past and present price action to predict the probability of Glory Star's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Glory Star's price. Additionally, you may evaluate how the addition of Glory Star to your portfolios can decrease your overall portfolio volatility.