LightPath Historical Income Statement
| LPTH Stock | USD 1.65 0.16 10.74% |
Historical analysis of LightPath Technologies income statement accounts such as Total Revenue of 17.7 M can show how well LightPath Technologies performed in making a profits. Evaluating LightPath Technologies income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of LightPath Technologies's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining LightPath Technologies 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 LightPath Technologies is a good buy for the upcoming year.
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About LightPath Income Statement Analysis
LightPath Technologies 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 LightPath Technologies shareholders. The income statement also shows LightPath 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).
LightPath Technologies Income Statement Chart
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Total Revenue
Total revenue comprises all receipts LightPath Technologies 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 LightPath Technologies minus its cost of goods sold. It is profit before LightPath Technologies 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 LightPath Technologies. It is also known as LightPath Technologies 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.Most accounts from LightPath Technologies' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into LightPath Technologies 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 LightPath Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in LightPath Stock please use our How to Invest in LightPath Technologies guide.As of now, LightPath Technologies' Tax Provision is increasing as compared to previous years. The LightPath Technologies' current Non Recurring is estimated to increase to 8,459, while Depreciation And Amortization is projected to decrease to under 2.1 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 229.5K | 283.3K | 191.9K | 182.3K | Depreciation And Amortization | 3.6M | 3.2M | 4.0M | 2.1M |
LightPath Technologies income statement Correlations
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LightPath Technologies income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 3.4M | 3.5M | 3.6M | 3.2M | 4.0M | 2.1M | |
| Interest Expense | 339.4K | 215.4K | 229.5K | 283.3K | 191.9K | 182.3K | |
| Selling General Administrative | 9.0M | 12.0M | 11.2M | 11.4M | 12.3M | 8.2M | |
| Total Revenue | 35.0M | 38.5M | 35.6M | 32.9M | 31.7M | 17.7M | |
| Gross Profit | 13.8M | 13.4M | 11.8M | 11.1M | 8.6M | 6.1M | |
| Other Operating Expenses | 32.9M | 40.3M | 38.2M | 36.6M | 39.6M | 23.4M | |
| Operating Income | 2.1M | (2.0M) | (2.4M) | (3.6M) | (7.8M) | (8.2M) | |
| Ebit | 1.9M | (2.0M) | (2.4M) | (3.5M) | (7.7M) | (8.1M) | |
| Ebitda | 5.3M | 1.5M | 1.2M | (355.0K) | (3.7M) | (3.5M) | |
| Cost Of Revenue | 21.1M | 25.0M | 23.7M | 21.9M | 23.1M | 12.9M | |
| Total Operating Expenses | 11.8M | 15.3M | 14.4M | 14.7M | 16.5M | 11.9M | |
| Income Before Tax | 1.6M | (2.3M) | (2.7M) | (3.8M) | (7.9M) | (8.3M) | |
| Total Other Income Expense Net | (514.3K) | (409.5K) | (52.0K) | (258.3K) | (113.2K) | (118.9K) | |
| Net Income | 866.9K | (3.2M) | (3.5M) | (4.0M) | (8.0M) | (8.4M) | |
| Income Tax Expense | 764.0K | 933.9K | 862.9K | 234.0K | 67.5K | 64.1K | |
| Research Development | 1.7M | 2.2M | 2.1M | 2.1M | 2.4M | 1.4M | |
| Net Income From Continuing Ops | 866.9K | (3.2M) | (3.5M) | (4.0M) | (8.0M) | (7.6M) | |
| Non Operating Income Net Other | 46.4K | (388.0K) | (174.8K) | (194.2K) | (174.8K) | (183.5K) | |
| Net Income Applicable To Common Shares | 866.9K | (3.2M) | (3.5M) | (4.0M) | (3.6M) | (3.5M) | |
| Tax Provision | 764.0K | 933.9K | 862.9K | 234.0K | 67.5K | 70.9K | |
| Net Interest Income | (339.4K) | (215.4K) | (229.5K) | (283.3K) | (191.9K) | (201.5K) | |
| Non Recurring | (258.0) | (77.0K) | (107.3K) | 9.0K | 8.1K | 8.5K | |
| Reconciled Depreciation | 3.4M | 3.5M | 3.6M | 3.2M | 4.0M | 3.7M |
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When determining whether LightPath Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LightPath Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lightpath Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lightpath Technologies Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LightPath Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in LightPath Stock please use our How to Invest in LightPath Technologies guide.You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Electronic Equipment, Instruments & Components 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 LightPath Technologies. If investors know LightPath 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 LightPath Technologies 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 49.113 | Earnings Share (0.21) | Revenue Per Share 0.833 | Quarterly Revenue Growth 0.04 | Return On Assets (0.09) |
The market value of LightPath Technologies is measured differently than its book value, which is the value of LightPath that is recorded on the company's balance sheet. Investors also form their own opinion of LightPath Technologies' value that differs from its market value or its book value, called intrinsic value, which is LightPath Technologies' 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 LightPath Technologies' market value can be influenced by many factors that don't directly affect LightPath Technologies' 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 LightPath Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if LightPath Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LightPath Technologies' 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.