Iress Historical Income Statement

IRE Stock   9.29  0.10  1.06%   
Historical analysis of Iress income statement accounts such as Operating Income of 23.3 M or Total Operating Expenses of 60.4 M can show how well Iress performed in making a profits. Evaluating Iress income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Iress's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Iress 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 Iress 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 Iress. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Iress Income Statement Analysis

Iress 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 Iress shareholders. The income statement also shows Iress 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).

Iress Income Statement Chart

At this time, Iress' Selling And Marketing Expenses is comparatively stable compared to the past year. Tax Provision is likely to gain to about 14 M in 2024, whereas Total Operating Expenses is likely to drop slightly above 60.4 M in 2024.

Other Operating Expenses

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

Operating Income

Operating Income is the amount of profit realized from Iress operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Iress is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

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.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Iress income statement and is an important metric when analyzing Iress profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most accounts from Iress' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Iress 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 Iress. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Iress' Selling And Marketing Expenses is comparatively stable compared to the past year. Tax Provision is likely to gain to about 14 M in 2024, whereas Total Operating Expenses is likely to drop slightly above 60.4 M in 2024.
 2021 2022 2023 2024 (projected)
Operating Income99.7M94.0M24.5M23.3M
Other Operating Expenses496.3M521.6M601.0M631.1M

Iress income statement Correlations

0.67-0.21-0.49-0.23-0.63-0.8-0.65-0.110.440.620.6-0.32-0.590.630.48-0.64-0.32-0.31-0.730.54
0.670.22-0.1-0.2-0.37-0.7-0.410.390.910.990.990.02-0.350.990.39-0.430.2-0.64-0.770.84
-0.210.220.93-0.080.810.50.770.760.130.320.350.430.810.22-0.450.730.72-0.080.43-0.02
-0.49-0.10.93-0.080.960.770.940.61-0.110.00.040.380.96-0.08-0.510.920.710.030.67-0.21
-0.23-0.2-0.08-0.08-0.040.01-0.070.28-0.02-0.24-0.220.83-0.1-0.250.12-0.18-0.370.10.02-0.23
-0.63-0.370.810.96-0.040.921.00.44-0.38-0.27-0.240.341.0-0.36-0.60.980.60.210.85-0.46
-0.8-0.70.50.770.010.920.930.16-0.64-0.62-0.590.220.9-0.67-0.610.930.410.370.96-0.66
-0.65-0.410.770.94-0.071.00.930.38-0.42-0.32-0.280.31.0-0.4-0.60.990.580.220.87-0.49
-0.110.390.760.610.280.440.160.380.450.450.480.710.430.38-0.320.30.68-0.030.120.13
0.440.910.13-0.11-0.02-0.38-0.64-0.420.450.880.90.16-0.380.930.46-0.460.23-0.63-0.760.9
0.620.990.320.0-0.24-0.27-0.62-0.320.450.881.00.03-0.250.980.29-0.330.29-0.61-0.680.79
0.60.990.350.04-0.22-0.24-0.59-0.280.480.91.00.07-0.220.990.31-0.30.31-0.63-0.670.81
-0.320.020.430.380.830.340.220.30.710.160.030.070.29-0.02-0.080.180.110.010.17-0.16
-0.59-0.350.810.96-0.11.00.91.00.43-0.38-0.25-0.220.29-0.34-0.590.990.610.20.84-0.44
0.630.990.22-0.08-0.25-0.36-0.67-0.40.380.930.980.99-0.02-0.340.4-0.410.23-0.64-0.760.88
0.480.39-0.45-0.510.12-0.6-0.61-0.6-0.320.460.290.31-0.08-0.590.4-0.6-0.56-0.51-0.720.6
-0.64-0.430.730.92-0.180.980.930.990.3-0.46-0.33-0.30.180.99-0.41-0.60.590.220.87-0.48
-0.320.20.720.71-0.370.60.410.580.680.230.290.310.110.610.23-0.560.590.070.360.06
-0.31-0.64-0.080.030.10.210.370.22-0.03-0.63-0.61-0.630.010.2-0.64-0.510.220.070.54-0.67
-0.73-0.770.430.670.020.850.960.870.12-0.76-0.68-0.670.170.84-0.76-0.720.870.360.54-0.8
0.540.84-0.02-0.21-0.23-0.46-0.66-0.490.130.90.790.81-0.16-0.440.880.6-0.480.06-0.67-0.8
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Iress Account Relationship Matchups

Iress income statement Accounts

201920202021202220232024 (projected)
Interest Expense8.7M8.6M9.2M13.7M23.7M24.9M
Other Operating Expenses407.4M449.7M496.3M521.6M601.0M631.1M
Operating Income101.5M92.9M99.7M94.0M24.5M23.3M
Ebitda134.4M126.1M149.0M122.3M(52.4M)(49.7M)
Total Operating Expenses14.8M33.9M38.9M42.7M71.7M60.4M
Income Before Tax88.5M78.4M92.9M67.9M(127.1M)(120.7M)
Total Other Income Expense Net(13.1M)(14.5M)(6.8M)(38.4M)(151.6M)(144.0M)
Net Income65.1M59.1M73.8M52.7M(137.5M)(130.6M)
Income Tax Expense23.3M19.1M19.1M15.2M10.4M16.5M
Depreciation And Amortization37.2M39.1M47.0M40.7M51.0M53.6M
Selling General Administrative269.3M285.4M303.1M324.2M348.0M365.4M
Total Revenue508.9M542.6M595.9M615.6M625.7M657.0M
Gross Profit116.3M126.8M138.6M136.7M96.4M129.0M
Ebit97.2M86.9M102.0M81.6M(103.4M)(98.2M)
Cost Of Revenue392.6M415.9M457.4M478.9M529.4M555.8M
Net Income Applicable To Common Shares65.1M59.1M73.8M52.7M60.6M43.4M
Selling And Marketing Expenses(250.0M)(251.4M)2.2M2.6M6.1M6.4M
Net Income From Continuing Ops65.1M59.1M73.8M52.7M(137.5M)(130.6M)
Tax Provision23.3M19.1M19.1M15.2M10.4M14.0M
Interest Income10.1M438K193K1.0M1.9M3.1M
Net Interest Income(6.1M)(8.0M)(9.0M)(12.7M)(21.8M)(20.7M)
Reconciled Depreciation37.2M39.4M47.0M40.7M51.0M42.0M

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