Lantronix Historical Income Statement

LTRX Stock  USD 2.92  0.05  1.74%   
Historical analysis of Lantronix income statement accounts such as Gross Profit of 67.6 M can show how well Lantronix performed in making a profits. Evaluating Lantronix income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Lantronix's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Lantronix 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 Lantronix 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 Lantronix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Lantronix Stock please use our How to Invest in Lantronix guide.

About Lantronix Income Statement Analysis

Lantronix 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 Lantronix shareholders. The income statement also shows Lantronix 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).

Lantronix Income Statement Chart

At this time, Lantronix's Tax Provision is fairly stable compared to the past year. Interest Income is likely to rise to about 285 K in 2024, whereas Operating Income is likely to drop (3 M) in 2024.

Total Revenue

Total revenue comprises all receipts Lantronix 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 Lantronix minus its cost of goods sold. It is profit before Lantronix 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 Lantronix. It is also known as Lantronix 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.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most accounts from Lantronix's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Lantronix 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 Lantronix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Lantronix Stock please use our How to Invest in Lantronix guide.At this time, Lantronix's Tax Provision is fairly stable compared to the past year. Interest Income is likely to rise to about 285 K in 2024, whereas Operating Income is likely to drop (3 M) in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit55.6M56.3M64.4M67.6M
Total Revenue129.7M131.2M160.3M168.3M

Lantronix income statement Correlations

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0.03-0.130.030.010.030.060.32-0.030.410.05-0.140.290.10.12-0.04-0.35-0.05-0.050.070.120.910.00.190.06
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0.380.060.310.30.330.04-0.060.360.40.320.32-0.75-0.89-0.77-0.050.16-0.2-0.71-0.09-0.410.090.57-0.220.41
-0.94-0.47-0.94-0.94-0.930.60.7-0.92-0.34-0.93-0.90.44-0.10.450.07-0.860.530.45-0.09-0.250.03-0.680.96-0.91
0.08-0.170.090.050.09-0.35-0.21-0.03-0.160.110.150.070.310.050.120.360.03-0.13-0.41-0.25-0.04-0.27-0.220.06
0.11-0.060.140.120.15-0.170.110.140.270.150.00.090.05-0.080.91-0.08-0.43-0.080.090.03-0.040.110.140.15
0.810.670.780.790.78-0.18-0.350.820.590.770.74-0.62-0.45-0.640.00.61-0.5-0.60.57-0.68-0.270.11-0.640.82
-0.92-0.38-0.87-0.88-0.880.640.77-0.88-0.23-0.87-0.90.60.030.580.19-0.860.370.58-0.220.96-0.220.14-0.64-0.87
0.990.380.990.980.99-0.51-0.60.960.510.990.87-0.57-0.15-0.60.060.77-0.72-0.590.41-0.910.060.150.82-0.87
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Lantronix Account Relationship Matchups

Lantronix income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization2.8M3.9M6.6M7.5M7.5M7.9M
Interest Expense133K315K1.5M1.5M916K961.8K
Total Revenue59.9M71.5M129.7M131.2M160.3M168.3M
Gross Profit26.9M33.0M55.6M56.3M64.4M67.6M
Other Operating Expenses64.3M73.5M131.9M137.3M163.2M171.3M
Operating Income1.7M(643K)(2.2M)(6.7M)(2.9M)(3.0M)
Ebit950K(3.5M)(5.7M)(6.7M)(2.9M)(3.0M)
Research Development9.7M11.1M17.7M19.6M20.3M21.3M
Ebitda3.8M377K896K792K4.6M4.9M
Cost Of Revenue33.0M38.5M74.1M74.9M96.0M100.8M
Total Operating Expenses31.3M35.0M57.8M62.4M67.2M38.5M
Income Before Tax(10.6M)(3.8M)(7.2M)(8.2M)(3.8M)(4.0M)
Total Other Income Expense Net(12.3M)(512K)(2.2M)(1.6M)(909K)(954.5K)
Net Income(10.7M)(4.0M)(5.4M)(9.0M)(4.5M)(4.7M)
Income Tax Expense144K195K(1.8M)748K745K782.3K
Selling General Administrative18.5M20.1M32.6M33.8M36.5M18.2M
Net Income Applicable To Common Shares(10.7M)(5.1M)(5.4M)(9.0M)(8.1M)(7.7M)
Net Income From Continuing Ops(10.7M)(4.0M)(5.4M)(9.0M)(4.5M)(4.7M)
Non Operating Income Net Other(15K)77K(197K)(711K)(639.9K)(607.9K)
Selling And Marketing Expenses828K712K1.9M2.1M2.3M1.2M
Tax Provision144K195K(1.8M)748K745K782.3K
Net Interest Income(133K)(315K)(1.5M)(1.5M)(916K)(870.2K)
Reconciled Depreciation2.8M3.1M5.6M5.8M7.5M7.9M

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