Glory Historical Income Statement

GSMGW Stock  USD 0  0.0002  15.38%   
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.
 
Covid
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.
  
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.

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

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.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

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.

Operating Income

Operating Income is the amount of profit realized from Glory Star New 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 Glory Star New 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 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 Expense513K93K107.0K101.6K
Depreciation And Amortization2.3M3.6M4.2M4.4M

Glory Star income statement Correlations

-0.670.690.730.190.60.80.770.720.870.840.870.650.870.850.570.790.870.280.840.98
-0.67-0.02-0.980.29-0.06-0.31-0.27-0.23-0.45-0.41-0.45-0.18-0.42-0.47-0.01-0.18-0.440.19-0.41-0.58
0.69-0.020.170.730.940.90.90.890.80.810.80.840.830.820.950.940.810.770.810.79
0.73-0.980.17-0.080.220.440.390.360.570.540.570.330.540.60.190.310.560.020.530.68
0.190.290.73-0.080.740.530.520.570.460.50.470.650.490.530.810.570.480.970.490.37
0.6-0.060.940.220.740.930.940.920.830.840.820.890.850.80.990.90.840.770.850.71
0.8-0.310.90.440.530.931.00.980.930.930.930.930.950.890.910.970.930.580.940.86
0.77-0.270.90.390.520.941.00.980.920.930.920.910.940.840.90.960.920.550.930.82
0.72-0.230.890.360.570.920.980.980.870.880.870.950.90.860.90.960.880.620.890.79
0.87-0.450.80.570.460.830.930.920.871.01.00.851.00.860.80.91.00.471.00.91
0.84-0.410.810.540.50.840.930.930.881.01.00.871.00.850.820.911.00.491.00.89
0.87-0.450.80.570.470.820.930.920.871.01.00.861.00.860.80.91.00.471.00.91
0.65-0.180.840.330.650.890.930.910.950.850.870.860.880.890.890.920.860.670.870.73
0.87-0.420.830.540.490.850.950.940.91.01.01.00.880.870.830.931.00.51.00.92
0.85-0.470.820.60.530.80.890.840.860.860.850.860.890.870.790.860.860.610.850.9
0.57-0.010.950.190.810.990.910.90.90.80.820.80.890.830.790.890.820.830.820.69
0.79-0.180.940.310.570.90.970.960.960.90.910.90.920.930.860.890.910.610.910.86
0.87-0.440.810.560.480.840.930.920.881.01.01.00.861.00.860.820.910.481.00.91
0.280.190.770.020.970.770.580.550.620.470.490.470.670.50.610.830.610.480.490.45
0.84-0.410.810.530.490.850.940.930.891.01.01.00.871.00.850.820.911.00.490.89
0.98-0.580.790.680.370.710.860.820.790.910.890.910.730.920.90.690.860.910.450.89
Click cells to compare fundamentals

Glory Star Account Relationship Matchups

Glory Star income statement Accounts

201920202021202220232024 (projected)
Tax Provision191K1.7M976K413K61K58.0K
Net Interest Income(295K)(282K)(513K)(93K)3K3.2K
Depreciation And Amortization50K3.9M2.3M3.6M4.2M4.4M
Interest Expense295K282K513K93K107.0K101.6K
Selling General Administrative3.1M10.1M3.3M5.9M81.9M86.0M
Selling And Marketing Expenses3.2M43.8M77.5M82.5M94.9M99.7M
Total Revenue65.8M123.8M153.0M157.1M152.3M116.8M
Gross Profit33.9M85.3M118.1M116.5M112.8M78.7M
Other Operating Expenses38.9M93.1M116.7M130.4M149.9M81.8M
Operating Income26.8M30.7M36.3M26.7M29.3M27.3M
Net Income From Continuing Ops26.4M29.2M35.4M26.4M30.5M27.0M
Ebit27.5M30.7M36.3M26.7M30.7M26.6M
Research Development749K691K920K1.3M1.6M941.9K
Ebitda27.6M34.6M38.5M30.3M34.9M28.5M
Cost Of Revenue31.9M38.5M34.9M40.6M39.5M38.1M
Total Operating Expenses7.0M54.6M81.8M89.8M123.0M129.2M
Reconciled Depreciation1.1M3.4M2.5M3.3M3.8M2.3M
Income Before Tax26.6M30.9M36.3M26.9M30.6M27.5M
Total Other Income Expense Net(245K)249K41K127K1.3M1.4M
Net Income26.3M29.3M35.3M26.9M30.5M27.1M
Income Tax Expense191K1.7M976K413K475.0K495.9K
Minority Interest(80K)31K(65K)450K(51K)(48.5K)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Glory Stock Analysis

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.