Hirequest Historical Income Statement
HQI Stock | USD 13.35 0.01 0.07% |
Historical analysis of Hirequest income statement accounts such as Total Revenue of 59.1 M or Gross Profit of 45.7 M can show how well Hirequest performed in making a profits. Evaluating Hirequest income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Hirequest's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Hirequest 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 Hirequest is a good buy for the upcoming year.
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About Hirequest Income Statement Analysis
Hirequest 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 Hirequest shareholders. The income statement also shows Hirequest 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).
Hirequest Income Statement Chart
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Gross Profit
Gross profit is a required income statement account that reflects total revenue of Hirequest minus its cost of goods sold. It is profit before Hirequest 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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Hirequest. It is also known as Hirequest 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.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.Most accounts from Hirequest's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Hirequest 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 Hirequest. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index. For more detail on how to invest in Hirequest Stock please use our How to Invest in Hirequest guide.As of now, Hirequest's Gross Profit is increasing as compared to previous years. The Hirequest's current Other Operating Expenses is estimated to increase to about 57.5 M, while Total Operating Expenses is projected to decrease to under 18 M.
2022 | 2023 | 2024 | 2025 (projected) | Gross Profit | 28.9M | 37.9M | 43.6M | 45.7M | Total Revenue | 31.0M | 37.9M | 43.6M | 59.1M |
Hirequest income statement Correlations
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Hirequest Account Relationship Matchups
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Hirequest income statement Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Depreciation And Amortization | 129.2K | 1.6M | 2.0M | 2.8M | 3.2M | 3.4M | |
Interest Expense | 49.7K | 157.2K | 368K | 1.4M | 1.6M | 1.7M | |
Total Revenue | 13.8M | 22.8M | 31.0M | 37.9M | 43.6M | 59.1M | |
Gross Profit | 13.8M | 22.6M | 28.9M | 37.9M | 43.6M | 45.7M | |
Other Operating Expenses | 8.8M | 15.1M | 14.9M | 27.2M | 31.3M | 57.5M | |
Operating Income | 5.0M | 7.7M | 16.0M | 10.6M | 12.2M | 12.8M | |
Ebit | 6.6M | 7.7M | 14.2M | 8.9M | 10.2M | 10.7M | |
Ebitda | 6.7M | 9.2M | 16.3M | 11.6M | 13.4M | 14.1M | |
Total Operating Expenses | 8.8M | 14.9M | 14.9M | 27.2M | 31.3M | 18.0M | |
Income Before Tax | 6.1M | 12.5M | 13.9M | 7.8M | 8.9M | 9.4M | |
Total Other Income Expense Net | 1.1M | 4.8M | (2.2M) | (2.9M) | (3.3M) | (3.5M) | |
Net Income | 5.4M | 11.9M | 12.5M | 6.1M | 7.1M | 7.4M | |
Income Tax Expense | 741.0K | 638.1K | 1.9M | 1.3M | 1.2M | 1.1M | |
Selling General Administrative | 8.7M | 13.3M | 12.8M | 22.7M | 20.4M | 13.3M | |
Selling And Marketing Expenses | 33K | 94K | 98K | 1.2M | 1.1M | 1.0M | |
Tax Provision | 741.0K | 638.1K | 1.9M | 1.6M | 1.8M | 951.2K | |
Net Income Applicable To Common Shares | (290.0K) | 5.4M | 11.8M | 12.5M | 14.3M | 15.0M | |
Interest Income | 711.6K | 412.5K | 247K | 246K | 221.4K | 301.2K | |
Net Interest Income | (49.7K) | 255.2K | (121K) | (1.0M) | (918.9K) | (873.0K) | |
Net Income From Continuing Ops | 5.4M | 11.8M | 12.0M | 8.5M | 9.8M | 5.6M | |
Reconciled Depreciation | 129.2K | 1.6M | 2.0M | 2.4M | 2.7M | 2.8M |
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When determining whether Hirequest offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hirequest's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hirequest Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hirequest Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hirequest. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index. For more detail on how to invest in Hirequest Stock please use our How to Invest in Hirequest guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Human Resource & Employment Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hirequest. If investors know Hirequest will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hirequest listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.007 | Dividend Share 0.24 | Earnings Share 0.14 | Revenue Per Share | Quarterly Revenue Growth 0.016 |
The market value of Hirequest is measured differently than its book value, which is the value of Hirequest that is recorded on the company's balance sheet. Investors also form their own opinion of Hirequest's value that differs from its market value or its book value, called intrinsic value, which is Hirequest's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hirequest's market value can be influenced by many factors that don't directly affect Hirequest's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hirequest's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hirequest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hirequest's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.