Lite Historical Income Statement
LTE Stock | CAD 0.1 0.00 0.00% |
Historical analysis of Lite Access income statement accounts such as Cost Of Revenue of 8 M can show how well Lite Access Technologies performed in making a profits. Evaluating Lite Access income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Lite Access's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Lite Access 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 Lite Access Technologies is a good buy for the upcoming year.
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About Lite Income Statement Analysis
Lite Access 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 Lite Access shareholders. The income statement also shows Lite 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).
Lite Access Income Statement Chart
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Gross Profit
Gross profit is a required income statement account that reflects total revenue of Lite Access Technologies minus its cost of goods sold. It is profit before Lite Access 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.Cost Of Revenue
Cost of Revenue is found on Lite Access Technologies income statement and represents the costs associated with goods and services Lite Access 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.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.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Lite Access Technologies financial statement analysis. It represents the amount of money remaining after all of Lite Access Technologies operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Lite Access income statement and is an important metric when analyzing Lite Access Technologies 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.Most accounts from Lite Access' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Lite Access 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 Lite Access 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 board of governors. At this time, Lite Access' Interest Expense is fairly stable compared to the past year. Total Revenue is likely to climb to about 8.2 M in 2024, whereas EBIT is likely to drop (1.3 M) in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 2.4M | 1.8M | 2.1M | 2.0M | Cost Of Revenue | 5.9M | 4.6M | 5.3M | 8.0M |
Lite Access income statement Correlations
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Lite Access income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 44.3K | 103.4K | 18.8K | 80.8K | 92.9K | 97.6K | |
Total Revenue | 18.9M | 7.2M | 5.8M | 5.0M | 5.8M | 8.2M | |
Gross Profit | (1.4M) | 584.7K | (162.8K) | 365.0K | 328.5K | 344.9K | |
Operating Income | (17.5M) | (2.8M) | (2.5M) | (1.5M) | (1.3M) | (1.4M) | |
Ebit | (17.5M) | (2.8M) | (2.5M) | (1.4M) | (1.3M) | (1.3M) | |
Cost Of Revenue | 20.2M | 6.6M | 5.9M | 4.6M | 5.3M | 8.0M | |
Total Operating Expenses | 11.3M | 3.4M | 2.4M | 1.8M | 2.1M | 2.0M | |
Net Income | (17.5M) | 2.1M | (2.9M) | (1.5M) | (1.3M) | (1.4M) | |
Income Tax Expense | 44.3K | (4.9M) | 322.3K | 80.8K | 72.7K | 76.3K | |
Depreciation And Amortization | 6.0M | 786.5K | 191.6K | 242.6K | 278.9K | 265.0K | |
Selling General Administrative | 7.3M | 3.3M | 2.3M | 1.4M | 1.6M | 1.6M | |
Selling And Marketing Expenses | 503.0 | 5.5K | 4.8K | 6.4K | 5.7K | 5.5K | |
Other Operating Expenses | 31.5M | 10.0M | 8.3M | 6.4M | 7.4M | 13.4M | |
Net Income From Continuing Ops | (17.4M) | (2.9M) | (2.6M) | (1.5M) | (1.3M) | (1.4M) | |
Ebitda | (11.5M) | (2.0M) | (2.3M) | (1.2M) | (1.1M) | (1.1M) | |
Income Before Tax | (17.4M) | (2.9M) | (2.6M) | (1.5M) | (1.3M) | (1.4M) | |
Total Other Income Expense Net | 29.2K | (64.5K) | (72.6K) | 28.2K | 32.4K | 34.1K | |
Net Income Applicable To Common Shares | (5.3M) | (17.3M) | 2.1M | (2.9M) | (2.6M) | (2.7M) | |
Net Interest Income | (34.8K) | (99.4K) | (17.1K) | (72.7K) | (65.4K) | (62.1K) | |
Interest Income | 9.6K | 4.0K | 1.7K | 8.1K | 7.3K | 6.9K | |
Reconciled Depreciation | 1.1M | 786.5K | 191.6K | 242.6K | 218.3K | 207.4K |
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When running Lite Access' price analysis, check to measure Lite Access' 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 Lite Access is operating at the current time. Most of Lite Access' value examination focuses on studying past and present price action to predict the probability of Lite Access' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lite Access' price. Additionally, you may evaluate how the addition of Lite Access to your portfolios can decrease your overall portfolio volatility.