IDT Historical Income Statement

IDT Stock  USD 51.16  0.03  0.06%   
Historical analysis of IDT income statement accounts such as Total Revenue of 1.5 B or Gross Profit of 310.7 M can show how well IDT Corporation performed in making a profits. Evaluating IDT income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of IDT's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining IDT Corporation 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 IDT Corporation 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 IDT Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

About IDT Income Statement Analysis

IDT Corporation 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 IDT shareholders. The income statement also shows IDT 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).

IDT Income Statement Chart

At this time, IDT's Net Income Applicable To Common Shares is comparatively stable compared to the past year. Tax Provision is likely to gain to about 15.5 M in 2024, whereas Operating Income is likely to drop slightly above 34.8 M in 2024.

Total Revenue

Total revenue comprises all receipts IDT Corporation 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 IDT Corporation minus its cost of goods sold. It is profit before IDT 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 IDT Corporation. It is also known as IDT 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 IDT Corporation income statement and represents the costs associated with goods and services IDT 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.

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of IDT Corporation whose combined shares represent less than 50% of the total outstanding shares issued by IDT have a minority interest in IDT.
Most accounts from IDT's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into IDT Corporation 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 IDT Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
At this time, IDT's Net Income Applicable To Common Shares is comparatively stable compared to the past year. Tax Provision is likely to gain to about 15.5 M in 2024, whereas Operating Income is likely to drop slightly above 34.8 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit329.6M363.1M390.2M310.7M
Total Revenue1.4B1.2B1.2B1.5B

IDT income statement Correlations

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0.060.130.010.13-0.09-0.040.050.150.02-0.1-0.10.22-0.570.07-0.23-0.09-0.110.23-0.78-0.2-0.390.42-0.13
0.730.130.671.00.250.250.360.980.760.260.090.25-0.070.64-0.26-0.31-0.730.08-0.10.15-0.060.05-0.01
0.680.010.670.630.650.610.690.510.980.6-0.070.510.040.980.19-0.78-0.770.340.15-0.030.4-0.58-0.52
0.720.131.00.630.210.210.320.990.730.220.10.22-0.080.6-0.27-0.28-0.710.04-0.10.16-0.070.090.03
0.18-0.090.250.650.210.920.950.130.550.920.50.780.150.620.02-0.43-0.460.820.06-0.250.23-0.42-0.5
0.33-0.040.250.610.210.920.930.130.50.990.560.870.10.540.23-0.46-0.480.850.04-0.160.43-0.4-0.61
0.310.050.360.690.320.950.930.240.620.920.570.790.120.640.01-0.45-0.590.83-0.07-0.090.25-0.3-0.43
0.660.150.980.510.990.130.130.240.630.150.130.16-0.090.49-0.35-0.16-0.650.0-0.160.18-0.170.210.12
0.740.020.760.980.730.550.50.620.630.49-0.060.420.020.970.1-0.75-0.780.230.150.030.34-0.49-0.36
0.31-0.10.260.60.220.920.990.920.150.490.570.840.160.520.22-0.4-0.50.840.05-0.130.42-0.38-0.58
-0.05-0.10.09-0.070.10.50.560.570.13-0.060.570.470.15-0.13-0.230.22-0.080.6-0.070.020.010.320.2
0.290.220.250.510.220.780.870.790.160.420.840.47-0.40.460.21-0.32-0.270.92-0.22-0.230.3-0.19-0.66
-0.03-0.57-0.070.04-0.080.150.10.12-0.090.020.160.15-0.4-0.01-0.03-0.08-0.32-0.240.480.190.13-0.280.23
0.610.070.640.980.60.620.540.640.490.970.52-0.130.46-0.010.07-0.79-0.690.30.15-0.10.33-0.58-0.46
0.31-0.23-0.260.19-0.270.020.230.01-0.350.10.22-0.230.21-0.030.07-0.42-0.050.010.360.050.75-0.56-0.62
-0.67-0.09-0.31-0.78-0.28-0.43-0.46-0.45-0.16-0.75-0.40.22-0.32-0.08-0.79-0.420.55-0.11-0.330.12-0.560.770.57
-0.74-0.11-0.73-0.77-0.71-0.46-0.48-0.59-0.65-0.78-0.5-0.08-0.27-0.32-0.69-0.050.55-0.190.12-0.17-0.10.250.28
0.00.230.080.340.040.820.850.830.00.230.840.60.92-0.240.30.01-0.11-0.19-0.34-0.270.1-0.04-0.51
0.1-0.78-0.10.15-0.10.060.04-0.07-0.160.150.05-0.07-0.220.480.150.36-0.330.12-0.340.110.65-0.610.04
0.28-0.20.15-0.030.16-0.25-0.16-0.090.180.03-0.130.02-0.230.19-0.10.050.12-0.17-0.270.110.130.110.29
0.38-0.39-0.060.4-0.070.230.430.25-0.170.340.420.010.30.130.330.75-0.56-0.10.10.650.13-0.64-0.43
-0.360.420.05-0.580.09-0.42-0.4-0.30.21-0.49-0.380.32-0.19-0.28-0.58-0.560.770.25-0.04-0.610.11-0.640.63
-0.34-0.13-0.01-0.520.03-0.5-0.61-0.430.12-0.36-0.580.2-0.660.23-0.46-0.620.570.28-0.510.040.29-0.430.63
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IDT Account Relationship Matchups

IDT income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization20.4M17.8M18.1M20.1M20.4M31.2M
Interest Expense1.6M7.2M6.9M146K131.4K124.8K
Total Revenue1.3B1.4B1.4B1.2B1.2B1.5B
Gross Profit261.8M292.9M329.6M363.1M390.2M310.7M
Other Operating Expenses1.3B1.4B1.3B1.2B1.1B1.5B
Operating Income24.9M57.0M60.1M60.7M64.8M34.8M
Ebit24.9M65.2M34.9M60.8M61.9M65.0M
Ebitda45.4M83.0M53.0M80.9M82.3M45.7M
Cost Of Revenue1.1B1.2B1.0B875.7M815.6M1.2B
Total Operating Expenses240.3M235.5M269.4M301.2M325.4M255.6M
Income Before Tax17.7M65.2M34.9M60.8M61.9M65.0M
Total Other Income Expense Net(7.2M)8.2M(25.2M)64K(2.8M)(2.7M)
Net Income21.4M96.5M27.0M40.5M64.5M67.7M
Income Tax Expense(3.7M)(31.7M)5.9M16.4M(6.4M)(6.0M)
Selling General Administrative215.9M218.2M258.2M282.7M277.4M214.6M
Net Income Applicable To Common Shares21.4M96.5M27.0M40.5M36.4M59.3M
Minority Interest(3.6M)1.8M(2.0M)(3.9M)(3.5M)(3.3M)
Selling And Marketing Expenses1.0M225K7.7M17.9M7.2M6.9M
Net Income From Continuing Ops21.4M96.9M29.0M44.4M51.0M37.3M
Tax Provision(3.7M)(31.7M)5.9M16.4M14.8M15.5M
Interest Income269K318K146K792K712.8K655.6K
Net Interest Income1.0M318K146K3.1M3.6M3.8M
Non Operating Income Net Other682K(1.3M)7.9M(25.4M)(22.8M)(21.7M)
Reconciled Depreciation20.4M17.8M18.1M20.1M18.1M16.4M

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