Comstock Historical Income Statement
| LODE Stock | USD 0.38 0.04 11.76% |
Historical analysis of Comstock Mining income statement accounts such as Total Revenue of 1.2 M can show how well Comstock Mining performed in making a profits. Evaluating Comstock Mining income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Comstock Mining's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Comstock Mining 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 Comstock Mining is a good buy for the upcoming year.
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About Comstock Income Statement Analysis
Comstock Mining 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 Comstock Mining shareholders. The income statement also shows Comstock 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).
Comstock Mining Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Comstock Mining 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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Comstock Mining. It is also known as Comstock Mining 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.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.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 Comstock Mining whose combined shares represent less than 50% of the total outstanding shares issued by Comstock Mining have a minority interest in Comstock Mining.Most accounts from Comstock Mining's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Comstock Mining 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 Comstock Mining. 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. For information on how to trade Comstock Stock refer to our How to Trade Comstock Stock guide.At present, Comstock Mining's EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Income Before Tax is expected to grow to about 11.1 M, whereas Interest Expense is forecasted to decline to about 1.5 M.
Comstock Mining income statement Correlations
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Comstock Mining Account Relationship Matchups
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Comstock Mining income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 4.4M | 1.2M | 1.4M | 3.7M | 2.9M | 2.5M | |
| Interest Expense | 879.5K | 421.9K | 168.9K | 1.7M | 1.6M | 1.5M | |
| Selling General Administrative | 3.3M | 3.6M | 5.5M | 10.2M | 12.6M | 12.0M | |
| Total Revenue | 179.6K | 201.7K | 862.2K | 178.2K | 1.3M | 1.2M | |
| Gross Profit | (1.4M) | (818.9K) | 590.1K | (3.5M) | 1.3M | 1.2M | |
| Other Operating Expenses | 5.3M | 5.5M | 7.3M | 20.6M | 13.9M | 13.2M | |
| Operating Income | (5.3M) | (5.5M) | (6.4M) | (20.4M) | (12.6M) | (13.2M) | |
| Ebit | (5.3M) | (5.5M) | (30.2M) | (45.1M) | 12.2M | 12.8M | |
| Ebitda | (935.0K) | (4.2M) | (28.8M) | (41.4M) | 15.1M | 15.8M | |
| Total Operating Expenses | 3.8M | 4.5M | 7.0M | 20.6M | 13.9M | 8.1M | |
| Income Before Tax | (3.8M) | 14.9M | (30.3M) | (46.7M) | 10.5M | 11.1M | |
| Net Income | (7.1M) | 14.9M | (24.6M) | (72.3M) | 9.2M | 9.6M | |
| Total Other Income Expense Net | 1.5M | 20.4M | (23.9M) | (26.3M) | 23.1M | 24.3M | |
| Income Tax Expense | 3.3M | 947.5K | (5.7M) | 25.5M | 1.4M | 1.3M | |
| Cost Of Revenue | 1.5M | 1.0M | 272.1K | 3.7M | 2.9M | 4.5M | |
| Net Income From Continuing Ops | (3.8M) | 14.9M | (24.6M) | (46.7M) | 10.5M | 11.1M | |
| Non Operating Income Net Other | (669.9K) | 2.4M | 20.8M | (23.8M) | (21.4M) | (20.3M) | |
| Net Income Applicable To Common Shares | (3.8M) | 14.9M | (24.6M) | (45.9M) | (52.8M) | (50.2M) | |
| Non Recurring | 787.5K | 258.5K | (244.2K) | 132.5K | 119.3K | 113.3K | |
| Interest Income | 879.5K | 473.7K | 1.0M | 387.6K | 252.0K | 239.4K | |
| Net Interest Income | (879.5K) | (421.9K) | 849.1K | (1.3M) | (1.4M) | (1.5M) | |
| Reconciled Depreciation | 1.8M | 1.2M | 1.1M | 2.8M | 2.4M | 1.9M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Comstock Mining is a strong investment it is important to analyze Comstock Mining's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Comstock Mining's future performance. For an informed investment choice regarding Comstock Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Comstock Mining. 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. For information on how to trade Comstock Stock refer to our How to Trade Comstock Stock guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Comstock Mining. If investors know Comstock will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Comstock Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 26.933 | Earnings Share (0.12) | Revenue Per Share 0.013 | Quarterly Revenue Growth (0.27) | Return On Assets (0.12) |
The market value of Comstock Mining is measured differently than its book value, which is the value of Comstock that is recorded on the company's balance sheet. Investors also form their own opinion of Comstock Mining's value that differs from its market value or its book value, called intrinsic value, which is Comstock Mining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Comstock Mining's market value can be influenced by many factors that don't directly affect Comstock Mining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Comstock Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Comstock Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comstock Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.