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.
 
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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.
  
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.

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

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.

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.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
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 Expenses2.4M1.8M2.1M2.0M
Cost Of Revenue5.9M4.6M5.3M8.0M

Lite Access income statement Correlations

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0.350.0-0.71-0.720.960.87-0.68-0.020.740.85-0.080.94-0.72-0.66-0.71-0.130.090.640.0
0.040.00.650.64-0.26-0.420.620.0-0.32-0.390.0-0.320.630.720.640.19-0.38-0.30.05
-0.09-0.710.651.0-0.86-0.950.960.01-0.87-0.870.05-0.880.990.980.990.19-0.32-0.760.18
-0.09-0.720.641.0-0.86-0.950.960.01-0.88-0.870.06-0.880.990.980.990.19-0.3-0.760.18
0.330.96-0.26-0.86-0.860.95-0.82-0.020.80.92-0.071.0-0.86-0.83-0.86-0.170.180.69-0.01
0.160.87-0.42-0.95-0.950.95-0.91-0.040.840.970.010.96-0.95-0.93-0.95-0.240.310.81-0.18
0.05-0.680.620.960.96-0.82-0.91-0.24-0.81-0.83-0.1-0.850.970.950.970.31-0.46-0.630.32
-0.47-0.020.00.010.01-0.02-0.04-0.24-0.03-0.090.18-0.020.010.010.01-0.040.49-0.33-0.49
0.140.74-0.32-0.87-0.880.80.84-0.81-0.030.68-0.260.81-0.85-0.77-0.840.06-0.020.72-0.14
0.160.85-0.39-0.87-0.870.920.97-0.83-0.090.680.090.93-0.89-0.89-0.89-0.320.390.79-0.15
-0.47-0.080.00.050.06-0.070.01-0.10.18-0.260.09-0.07-0.05-0.03-0.05-0.840.59-0.14-0.52
0.310.94-0.32-0.88-0.881.00.96-0.85-0.020.810.93-0.07-0.89-0.86-0.88-0.190.20.71-0.04
-0.08-0.720.630.990.99-0.86-0.950.970.01-0.85-0.89-0.05-0.890.981.00.31-0.34-0.730.2
-0.08-0.660.720.980.98-0.83-0.930.950.01-0.77-0.89-0.03-0.860.980.980.28-0.41-0.720.18
-0.08-0.710.640.990.99-0.86-0.950.970.01-0.84-0.89-0.05-0.881.00.980.31-0.34-0.730.2
0.14-0.130.190.190.19-0.17-0.240.31-0.040.06-0.32-0.84-0.190.310.280.31-0.410.020.21
-0.70.09-0.38-0.32-0.30.180.31-0.460.49-0.020.390.590.2-0.34-0.41-0.34-0.410.21-0.73
0.030.64-0.3-0.76-0.760.690.81-0.63-0.330.720.79-0.140.71-0.73-0.72-0.730.020.21-0.3
0.820.00.050.180.18-0.01-0.180.32-0.49-0.14-0.15-0.52-0.040.20.180.20.21-0.73-0.3
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Lite Access Account Relationship Matchups

Lite Access income statement Accounts

201920202021202220232024 (projected)
Interest Expense44.3K103.4K18.8K80.8K92.9K97.6K
Total Revenue18.9M7.2M5.8M5.0M5.8M8.2M
Gross Profit(1.4M)584.7K(162.8K)365.0K328.5K344.9K
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 Revenue20.2M6.6M5.9M4.6M5.3M8.0M
Total Operating Expenses11.3M3.4M2.4M1.8M2.1M2.0M
Net Income(17.5M)2.1M(2.9M)(1.5M)(1.3M)(1.4M)
Income Tax Expense44.3K(4.9M)322.3K80.8K72.7K76.3K
Depreciation And Amortization6.0M786.5K191.6K242.6K278.9K265.0K
Selling General Administrative7.3M3.3M2.3M1.4M1.6M1.6M
Selling And Marketing Expenses503.05.5K4.8K6.4K5.7K5.5K
Other Operating Expenses31.5M10.0M8.3M6.4M7.4M13.4M
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 Net29.2K(64.5K)(72.6K)28.2K32.4K34.1K
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 Income9.6K4.0K1.7K8.1K7.3K6.9K
Reconciled Depreciation1.1M786.5K191.6K242.6K218.3K207.4K

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Additional Tools for Lite Stock Analysis

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.