IGM Historical Income Statement

IGMS Stock  USD 10.04  0.39  3.74%   
Historical analysis of IGM Biosciences income statement accounts such as Interest Expense of 8.3 M or Selling General Administrative of 27 M can show how well IGM Biosciences performed in making a profits. Evaluating IGM Biosciences income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of IGM Biosciences's future profits or losses.
 
Covid
Financial Statement Analysis is much more than just reviewing and examining IGM 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 IGM 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 IGM Biosciences. 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.
For more information on how to buy IGM Stock please use our How to Invest in IGM Biosciences guide.

About IGM Income Statement Analysis

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

IGM Biosciences Income Statement Chart

At this time, IGM Biosciences' Income Tax Expense is comparatively stable compared to the past year. Net Interest Income is likely to gain to about 17.7 M in 2024, whereas Gross Profit is likely to drop (6.5 M) in 2024.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of IGM Biosciences. It is also known as IGM 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.

Cost Of Revenue

Cost of Revenue is found on IGM Biosciences income statement and represents the costs associated with goods and services IGM Biosciences 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.
Most accounts from IGM Biosciences' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into IGM 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 IGM Biosciences. 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.
For more information on how to buy IGM Stock please use our How to Invest in IGM Biosciences guide.At this time, IGM Biosciences' Income Tax Expense is comparatively stable compared to the past year. Net Interest Income is likely to gain to about 17.7 M in 2024, whereas Gross Profit is likely to drop (6.5 M) in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation4.5M6.1M8.0M8.4M
Total Operating Expenses165.3M229.0M265.6M278.9M

IGM Biosciences income statement Correlations

0.890.130.99-0.99-0.98-0.980.99-0.980.180.991.0-0.980.91-0.980.880.88
0.890.160.92-0.95-0.96-0.950.92-0.950.230.920.9-0.950.69-0.950.630.63
0.130.160.12-0.12-0.13-0.120.11-0.12-0.830.120.13-0.120.06-0.120.090.09
0.990.920.12-1.0-1.0-1.01.0-1.00.221.00.99-1.00.88-1.00.840.84
-0.99-0.95-0.12-1.01.01.0-1.01.0-0.22-1.0-0.991.0-0.871.0-0.82-0.82
-0.98-0.96-0.13-1.01.01.0-0.991.0-0.23-1.0-0.981.0-0.841.0-0.79-0.79
-0.98-0.95-0.12-1.01.01.0-1.01.0-0.22-1.0-0.991.0-0.861.0-0.81-0.81
0.990.920.111.0-1.0-0.99-1.0-1.00.221.00.99-0.990.89-1.00.850.85
-0.98-0.95-0.12-1.01.01.01.0-1.0-0.23-1.0-0.991.0-0.861.0-0.81-0.81
0.180.23-0.830.22-0.22-0.23-0.220.22-0.230.220.18-0.230.15-0.220.110.11
0.990.920.121.0-1.0-1.0-1.01.0-1.00.220.99-1.00.88-1.00.840.84
1.00.90.130.99-0.99-0.98-0.990.99-0.990.180.99-0.980.91-0.990.870.87
-0.98-0.95-0.12-1.01.01.01.0-0.991.0-0.23-1.0-0.98-0.851.0-0.8-0.8
0.910.690.060.88-0.87-0.84-0.860.89-0.860.150.880.91-0.85-0.860.990.99
-0.98-0.95-0.12-1.01.01.01.0-1.01.0-0.22-1.0-0.991.0-0.86-0.81-0.81
0.880.630.090.84-0.82-0.79-0.810.85-0.810.110.840.87-0.80.99-0.811.0
0.880.630.090.84-0.82-0.79-0.810.85-0.810.110.840.87-0.80.99-0.811.0
Click cells to compare fundamentals

IGM Biosciences Account Relationship Matchups

IGM Biosciences income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization597K1.0M4.5M6.1M8.3M8.7M
Selling General Administrative9.2M18.3M38.3M49.7M50.1M27.0M
Gross Profit(22.6M)(3.6M)(7.7M)1.1M(6.1M)(6.5M)
Other Operating Expenses44.5M83.3M165.3M229.0M265.6M278.9M
Operating Income(44.5M)(83.3M)(165.3M)(228.0M)(263.5M)(250.3M)
Net Income From Continuing Ops(43.1M)(81.4M)(165.2M)(221.1M)(238.3M)(226.4M)
Ebit(44.5M)(83.3M)(165.3M)(228.0M)(261.6M)(248.6M)
Research Development35.3M65.0M127.0M179.3M215.5M226.3M
Ebitda(43.9M)(82.3M)(160.8M)(221.9M)(253.4M)(240.7M)
Cost Of Revenue22.6M3.6M7.7M10.6M8.3M8.0M
Total Operating Expenses44.5M83.3M165.3M229.0M265.6M278.9M
Reconciled Depreciation597K1.0M4.5M6.1M8.0M8.4M
Income Before Tax(43.1M)(81.4M)(165.2M)(221.1M)(245.7M)(233.5M)
Total Other Income Expense Net1.4M1.9M159K6.9M17.7M18.6M
Net Income Applicable To Common Shares(43.1M)(81.4M)(165.2M)(221.1M)(199.0M)(189.0M)
Net Income(42.5M)(80.3M)(160.7M)(214.2M)(246.4M)(234.1M)
Income Tax Expense(597K)(1.0M)(4.5M)(6.9M)678K711.9K

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for IGM Stock Analysis

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