Icad Historical Income Statement
| ICAD Stock | USD 1.54 0.01 0.65% |
Historical analysis of Icad income statement accounts such as Total Revenue of 23.3 M or Gross Profit of 15.1 M can show how well icad inc performed in making a profits. Evaluating Icad income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Icad's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining icad inc 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 icad inc is a good buy for the upcoming year.
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About Icad Income Statement Analysis
icad inc 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 Icad shareholders. The income statement also shows Icad 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).
Icad Income Statement Chart
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Total Revenue
Total revenue comprises all receipts icad inc 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 icad inc minus its cost of goods sold. It is profit before Icad 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 icad inc. It is also known as Icad 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.Cost Of Revenue
Cost of Revenue is found on icad inc income statement and represents the costs associated with goods and services Icad provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.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 Icad's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into icad inc 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 icad inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At present, Icad's Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 28.2 M, whereas Interest Expense is forecasted to decline to about 15.2 K.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 35.0M | 33.7M | 22.2M | 20.0M | Cost Of Revenue | 9.4M | 8.1M | 2.8M | 2.6M |
Icad income statement Correlations
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Icad income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | (5.7M) | 578K | 557K | 521K | 409K | 388.6K | |
| Interest Expense | 784K | 476K | 141K | 10K | 16K | 15.2K | |
| Total Revenue | 31.3M | 29.7M | 33.6M | 27.9M | 17.3M | 23.3M | |
| Gross Profit | 24.2M | 21.4M | 24.2M | 19.8M | 14.5M | 15.1M | |
| Other Operating Expenses | 37.7M | 39.1M | 44.4M | 41.9M | 25.0M | 28.2M | |
| Operating Income | (6.4M) | (9.4M) | (10.7M) | (13.9M) | (7.7M) | (8.1M) | |
| Ebit | (6.4M) | (17.1M) | (11.1M) | (10.0M) | (7.0M) | (7.3M) | |
| Ebitda | (12.1M) | (16.5M) | (10.5M) | (9.5M) | (6.6M) | (6.2M) | |
| Cost Of Revenue | 7.1M | 8.3M | 9.4M | 8.1M | 2.8M | 2.6M | |
| Total Operating Expenses | 30.6M | 30.7M | 35.0M | 33.7M | 22.2M | 20.0M | |
| Income Before Tax | (13.5M) | (17.6M) | (11.2M) | (13.8M) | (7.0M) | (7.3M) | |
| Total Other Income Expense Net | (7.1M) | (8.2M) | (512K) | 164K | 699K | 734.0K | |
| Net Income | (13.6M) | (17.6M) | (11.2M) | (13.7M) | (4.8M) | (5.1M) | |
| Research Development | 9.3M | 8.1M | 9.2M | 8.6M | 5.2M | 6.2M | |
| Selling And Marketing Expenses | 13.6M | 13.3M | 15.1M | 13.7M | 7.7M | 12.5M | |
| Net Income Applicable To Common Shares | (13.6M) | (17.6M) | (11.2M) | (13.7M) | (12.3M) | (12.9M) | |
| Net Income From Continuing Ops | (13.6M) | (17.6M) | (11.2M) | (13.7M) | (12.5M) | (13.2M) | |
| Non Operating Income Net Other | 18K | (341K) | (6.3M) | (371K) | (426.7K) | (448.0K) | |
| Tax Provision | 43K | 38K | 1K | (116K) | (103K) | (97.9K) | |
| Interest Income | 344K | 97K | 15K | 213K | 652K | 684.6K | |
| Net Interest Income | (440K) | (476K) | (141K) | 203K | 647K | 679.4K | |
| Reconciled Depreciation | 674K | 577K | 557K | 521K | 461K | 569.9K |
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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.When determining whether icad inc is a strong investment it is important to analyze Icad's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Icad's future performance. For an informed investment choice regarding Icad Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in icad inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Health Care Technology 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 Icad. If investors know Icad 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 Icad listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.20) | Revenue Per Share 0.718 | Quarterly Revenue Growth 0.206 | Return On Assets (0.08) | Return On Equity (0.15) |
The market value of icad inc is measured differently than its book value, which is the value of Icad that is recorded on the company's balance sheet. Investors also form their own opinion of Icad's value that differs from its market value or its book value, called intrinsic value, which is Icad'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 Icad's market value can be influenced by many factors that don't directly affect Icad'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 Icad's value and its price as these two are different measures arrived at by different means. Investors typically determine if Icad is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Icad'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.