NLIGHT Historical Income Statement

LASR Stock  USD 11.39  0.28  2.52%   
Historical analysis of NLIGHT income statement accounts such as Interest Expense of 801.2 K can show how well nLIGHT Inc performed in making a profits. Evaluating NLIGHT income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of NLIGHT's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining nLIGHT 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 nLIGHT Inc is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in nLIGHT 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 state.

About NLIGHT Income Statement Analysis

nLIGHT 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 NLIGHT shareholders. The income statement also shows NLIGHT 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).

NLIGHT Income Statement Chart

At this time, NLIGHT's Net Interest Income is relatively stable compared to the past year. As of 11/24/2024, Total Revenue is likely to grow to about 213.5 M, while Interest Income is likely to drop slightly above 85.2 K.

Total Revenue

Total revenue comprises all receipts nLIGHT 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 nLIGHT Inc minus its cost of goods sold. It is profit before NLIGHT 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 nLIGHT Inc. It is also known as NLIGHT 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 nLIGHT Inc income statement and represents the costs associated with goods and services NLIGHT 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 NLIGHT's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into nLIGHT 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in nLIGHT 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 state.
At this time, NLIGHT's Net Interest Income is relatively stable compared to the past year. As of 11/24/2024, Total Revenue is likely to grow to about 213.5 M, while Interest Income is likely to drop slightly above 85.2 K.
 2023 2024 (projected)
Depreciation And Amortization16.0M14.2M
Interest Income89.7K85.2K

NLIGHT income statement Correlations

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-0.670.57-0.690.940.90.690.96-0.82-0.77-0.850.98-0.770.950.97-0.80.23-0.79-0.670.980.780.82
-0.50.78-0.560.940.970.830.99-0.73-0.68-0.750.98-0.660.991.0-0.670.39-0.67-0.50.950.910.89
-0.410.79-0.610.90.970.930.98-0.59-0.53-0.620.94-0.510.990.96-0.520.33-0.52-0.410.890.930.83
-0.160.78-0.490.690.830.930.83-0.27-0.21-0.30.75-0.180.860.79-0.190.35-0.19-0.160.670.890.69
-0.520.74-0.620.960.990.980.83-0.73-0.68-0.750.99-0.661.01.0-0.670.32-0.67-0.520.960.90.87
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0.78-0.420.51-0.85-0.75-0.62-0.3-0.751.00.99-0.820.99-0.72-0.790.99-0.30.990.78-0.88-0.53-0.71
-0.590.68-0.610.980.980.940.750.99-0.8-0.75-0.82-0.740.981.0-0.760.3-0.76-0.590.980.840.86
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-0.50.75-0.630.950.990.990.861.0-0.7-0.65-0.720.98-0.630.99-0.650.31-0.64-0.50.950.910.85
-0.550.73-0.590.971.00.960.791.0-0.77-0.72-0.791.0-0.710.99-0.720.34-0.72-0.550.970.880.88
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1.0-0.020.71-0.67-0.5-0.41-0.16-0.520.770.760.78-0.590.76-0.5-0.550.79-0.160.74-0.68-0.27-0.3
-0.680.65-0.680.980.950.890.670.96-0.86-0.83-0.880.98-0.810.950.97-0.820.36-0.81-0.680.80.84
-0.280.92-0.380.780.910.930.890.9-0.51-0.45-0.530.84-0.440.910.88-0.420.52-0.43-0.270.80.86
-0.30.85-0.250.820.890.830.690.87-0.7-0.65-0.710.86-0.650.850.88-0.620.59-0.65-0.30.840.86
Click cells to compare fundamentals

NLIGHT Account Relationship Matchups

NLIGHT income statement Accounts

201920202021202220232024 (projected)
Tax Provision6.1M340K(375K)344K(1.1M)(1.0M)
Net Interest Income2.6M78K(163K)529K1.3M1.3M
Interest Income333K728K2.6M78K89.7K85.2K
Depreciation And Amortization9.6M16.6M18.3M18.7M16.0M14.2M
Interest Expense2.6M456K163K529K1.3M801.2K
Selling General Administrative34.1M39.2M52.7M48.3M46.5M39.4M
Total Revenue176.6M222.8M270.1M242.1M209.9M213.5M
Gross Profit52.3M59.4M77.3M50.8M46.1M57.8M
Other Operating Expenses186.5M243.8M300.4M293.3M255.9M232.9M
Operating Income(9.9M)(21.0M)(30.2M)(51.2M)(45.9M)(43.7M)
Net Income From Continuing Ops(12.9M)(20.9M)(29.7M)(54.6M)(51.1M)(48.5M)
Ebit(9.9M)(24.0M)(33.5M)(54.2M)(45.9M)(43.7M)
Research Development28.1M41.2M54.8M53.8M46.2M37.9M
Ebitda(345K)(7.4M)(15.2M)(35.5M)(29.9M)(28.4M)
Cost Of Revenue124.3M163.4M192.8M191.2M163.8M155.7M
Total Operating Expenses62.2M80.4M107.5M102.0M92.1M77.2M
Income Before Tax(6.8M)(20.6M)(30.0M)(54.2M)(42.6M)(40.5M)
Total Other Income Expense Net3.1M456K173K(3.0M)3.3M3.5M
Net Income Applicable To Common Shares(12.9M)(20.9M)(29.7M)(54.6M)(49.1M)(46.7M)
Net Income(12.9M)(20.9M)(29.7M)(54.6M)(41.7M)(39.6M)
Income Tax Expense6.1M340K(375K)344K(978K)(929.1K)
Reconciled Depreciation9.6M13.7M15.1M15.7M16.1M13.6M

Pair Trading with NLIGHT

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 NLIGHT 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 NLIGHT will appreciate offsetting losses from the drop in the long position's value.

Moving against NLIGHT Stock

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The ability to find closely correlated positions to NLIGHT could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NLIGHT 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 NLIGHT - 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 nLIGHT Inc to buy it.
The correlation of NLIGHT 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 NLIGHT moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if nLIGHT Inc 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 NLIGHT 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.
Pair CorrelationCorrelation Matching

Additional Tools for NLIGHT Stock Analysis

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