KULR Historical Income Statement
| KULR Stock | USD 0.45 0.03 7.14% |
Historical analysis of KULR Technology income statement accounts such as Total Revenue of 10.3 M can show how well KULR Technology Group performed in making a profits. Evaluating KULR Technology income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of KULR Technology's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining KULR Technology Group 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 KULR Technology Group is a good buy for the upcoming year.
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About KULR Income Statement Analysis
KULR Technology Group 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 KULR Technology shareholders. The income statement also shows KULR 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).
KULR Technology Income Statement Chart
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Total Revenue
Total revenue comprises all receipts KULR Technology Group 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.Cost Of Revenue
Cost of Revenue is found on KULR Technology Group income statement and represents the costs associated with goods and services KULR Technology 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.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 KULR Technology's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into KULR Technology Group 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KULR Technology Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, KULR Technology's Total Operating Expenses is relatively stable compared to the past year. As of 11/24/2024, Depreciation And Amortization is likely to grow to about 2.3 M, though Net Loss is likely to grow to (21.8 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 1.1M | 1.6M | 6.2M | 6.5M | Research Development | 1.7M | 4.0M | 6.2M | 6.5M |
KULR Technology income statement Correlations
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KULR Technology Account Relationship Matchups
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KULR Technology income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 1.6K | 507.1K | 131.5K | 1.4M | 1.4M | 1.5M | |
| Selling General Administrative | 2.0M | 2.4M | 11.0M | 15.8M | 18.1M | 19.0M | |
| Total Revenue | 830.4K | 624.0K | 2.4M | 4.0M | 9.8M | 10.3M | |
| Gross Profit | 603.9K | 454.9K | 1.3M | 2.4M | 3.7M | 3.8M | |
| Other Operating Expenses | 2.8M | 3.0M | 13.9M | 22.3M | 32.2M | 33.9M | |
| Operating Income | (2.0M) | (2.3M) | (11.5M) | (18.3M) | (22.4M) | (21.3M) | |
| Net Income From Continuing Ops | (2.0M) | (2.9M) | (11.9M) | (19.4M) | (23.0M) | (21.8M) | |
| Ebit | (2.0M) | (2.3M) | (11.8M) | (18.0M) | (22.2M) | (21.1M) | |
| Research Development | 502.2K | 289.8K | 1.7M | 4.0M | 6.2M | 6.5M | |
| Cost Of Revenue | 226.5K | 169.0K | 1.1M | 1.6M | 6.2M | 6.5M | |
| Total Operating Expenses | 2.6M | 2.8M | 12.8M | 20.7M | 26.1M | 27.4M | |
| Income Before Tax | (2.0M) | (2.9M) | (11.9M) | (19.4M) | (23.7M) | (22.5M) | |
| Total Other Income Expense Net | (480.0) | (509.7K) | (397.7K) | (1.2M) | (1.3M) | (1.2M) | |
| Net Income Applicable To Common Shares | (2.0M) | (2.9M) | (14.5M) | (19.4M) | (17.5M) | (16.6M) | |
| Net Income | (2.0M) | (3.4M) | (11.9M) | (20.6M) | (23.7M) | (22.5M) | |
| Income Tax Expense | 2.7K | 504.5K | 5.7K | 1.2M | (5.0) | (4.75) | |
| Net Interest Income | (1.6K) | (507.1K) | (131.5K) | (1.4M) | (1.7M) | (1.6M) | |
| Depreciation And Amortization | 18.4K | 15.7K | 67.7K | 452.5K | 2.2M | 2.3M | |
| Selling And Marketing Expenses | 49.3K | 123.8K | 145.0K | 874.4K | 1.8M | 1.9M | |
| Ebitda | (2.0M) | (2.3M) | (11.7M) | (17.5M) | (20.0M) | (19.0M) | |
| Reconciled Depreciation | 17.3K | 15.7K | 67.7K | 259.4K | 1.7M | 1.7M |
Pair Trading with KULR Technology
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if KULR Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in KULR Technology will appreciate offsetting losses from the drop in the long position's value.Moving together with KULR Stock
| 0.71 | EHGO | Eshallgo Class A Downward Rally | PairCorr |
| 0.75 | CSCO | Cisco Systems Aggressive Push | PairCorr |
| 0.68 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
Moving against KULR Stock
| 0.73 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.72 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.66 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
The ability to find closely correlated positions to KULR Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KULR Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back KULR Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling KULR Technology Group to buy it.
The correlation of KULR Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as KULR Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KULR Technology Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for KULR Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for KULR Stock Analysis
When running KULR Technology's price analysis, check to measure KULR Technology'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 KULR Technology is operating at the current time. Most of KULR Technology's value examination focuses on studying past and present price action to predict the probability of KULR Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KULR Technology's price. Additionally, you may evaluate how the addition of KULR Technology to your portfolios can decrease your overall portfolio volatility.