Harmony Historical Income Statement

HRMY Stock  USD 33.23  0.44  1.34%   
Historical analysis of Harmony Biosciences income statement accounts such as Interest Expense of 17.9 M or Selling General Administrative of 60.8 M can show how well Harmony Biosciences Holdings performed in making a profits. Evaluating Harmony Biosciences income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Harmony Biosciences's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Harmony Biosciences 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 Harmony Biosciences 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 Harmony Biosciences Holdings. 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 Harmony Income Statement Analysis

Harmony Biosciences 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 Harmony Biosciences shareholders. The income statement also shows Harmony 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).

Harmony Biosciences Income Statement Chart

At this time, Harmony Biosciences' Net Income is fairly stable compared to the past year. Income Tax Expense is likely to rise to about 46.8 M in 2024, whereas Net Interest Income is likely to drop (12.5 M) in 2024.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Harmony Biosciences. It is also known as Harmony Biosciences 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 Income Applicable To Common Shares

The net income that remains after preferred dividends have been deducted, available to common shareholders.
Most accounts from Harmony Biosciences' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Harmony Biosciences 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 Harmony Biosciences Holdings. 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, Harmony Biosciences' Net Income is fairly stable compared to the past year. Income Tax Expense is likely to rise to about 46.8 M in 2024, whereas Net Interest Income is likely to drop (12.5 M) in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation18.8M23.4M24.3M14.7M
Total Operating Expenses162.4M234.2M268.8M178.2M

Harmony Biosciences income statement Correlations

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Harmony Biosciences Account Relationship Matchups

Harmony Biosciences income statement Accounts

201920202021202220232024 (projected)
Net Interest Income(6.1M)(28.2M)(24.0M)(15.7M)(11.9M)(12.5M)
Depreciation And Amortization3.2M10.2M18.8M23.4M24.4M14.7M
Interest Expense6.1M28.2M24.0M15.7M23.8M17.9M
Selling General Administrative36.4M39.7M63.9M84.0M95.3M60.8M
Selling And Marketing Expenses44.3M55.8M68.1M79.3M97.4M66.3M
Total Revenue6.0M159.7M305.4M437.9M582.0M611.1M
Gross Profit4.4M132.0M249.9M354.4M460.8M483.8M
Other Operating Expenses151.9M142.8M217.9M317.7M390.0M231.3M
Operating Income(145.9M)3.7M68.7M120.2M192.0M201.6M
Net Income From Continuing Ops(152.0M)(36.9M)34.6M181.5M150.8M158.3M
Ebit(145.9M)(8.7M)87.5M120.2M192.0M201.6M
Research Development69.6M19.4M30.4M70.9M76.1M51.1M
Ebitda(142.7M)1.5M106.4M143.6M216.4M227.2M
Cost Of Revenue1.6M27.7M55.5M83.5M121.2M127.3M
Total Operating Expenses150.3M115.0M162.4M234.2M268.8M178.2M
Reconciled Depreciation3.2M10.2M18.8M23.4M24.3M14.7M
Income Before Tax(152.0M)(36.9M)37.4M104.7M173.4M182.1M
Total Other Income Expense Net(6.1M)(53.9M)(50.1M)(15.5M)(18.6M)(19.6M)
Net Income Applicable To Common Shares(187.2M)(63.8M)34.6M181.5M208.7M219.1M
Net Income(158.1M)(51.9M)34.6M181.5M128.9M135.3M
Income Tax Expense6.1M14.9M2.8M(76.8M)44.5M46.8M

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