Luna Historical Income Statement
| LUNA Stock | USD 1.64 0.01 0.61% |
Historical analysis of Luna Innovations income statement accounts such as Other Operating Expenses of 134.5 M can show how well Luna Innovations Incorporated performed in making a profits. Evaluating Luna Innovations income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Luna Innovations's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Luna Innovations 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 Luna Innovations is a good buy for the upcoming year.
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About Luna Income Statement Analysis
Luna Innovations 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 Luna Innovations shareholders. The income statement also shows Luna 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).
Luna Innovations Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Luna Innovations 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 Luna Innovations Incorporated minus its cost of goods sold. It is profit before Luna Innovations 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 Luna Innovations income statement and represents the costs associated with goods and services Luna Innovations 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.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Luna Innovations income statement and is an important metric when analyzing Luna Innovations 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.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 Luna Innovations' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Luna Innovations 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 Luna Innovations Incorporated. 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 present, Luna Innovations' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 122.4 M, whereas EBIT is forecasted to decline to (2 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 51.6M | 66.5M | 68.8M | 72.2M | Total Revenue | 87.5M | 109.5M | 116.6M | 122.4M |
Luna Innovations income statement Correlations
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Luna Innovations Account Relationship Matchups
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Luna Innovations income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 16K | 25K | 479K | 898K | 2.0M | 2.1M | |
| Total Revenue | 70.5M | 82.7M | 87.5M | 109.5M | 116.6M | 122.4M | |
| Gross Profit | 35.2M | 42.2M | 51.6M | 66.5M | 68.8M | 72.2M | |
| Other Operating Expenses | 67.2M | 74.9M | 90.1M | 111.4M | 128.1M | 134.5M | |
| Operating Income | 3.3M | 7.9M | (2.6M) | (1.9M) | 270K | 283.5K | |
| Ebit | 3.7M | 813K | (2.6M) | (1.6M) | (1.9M) | (2.0M) | |
| Ebitda | 6.2M | 3.8M | 2.0M | 3.8M | 4.4M | 4.6M | |
| Cost Of Revenue | 35.3M | 40.5M | 36.0M | 43M | 47.8M | 26.2M | |
| Total Operating Expenses | 31.9M | 34.4M | 54.1M | 68.4M | 116.3M | 122.2M | |
| Income Before Tax | 3.7M | 5.1M | (3.1M) | (2.5M) | (1.5M) | (1.6M) | |
| Total Other Income Expense Net | 372K | 92K | (479K) | (636K) | 214K | 224.7K | |
| Net Income | 5.3M | 4.7M | (1.1M) | 9.3M | (2.1M) | (2.0M) | |
| Income Tax Expense | (1.7M) | 348K | (2.0M) | (220K) | (198K) | (207.9K) | |
| Depreciation And Amortization | 2.5M | 3.0M | 4.6M | 5.4M | 6.2M | 6.6M | |
| Selling General Administrative | 24.4M | 27.6M | 44.0M | 57.5M | 57.4M | 60.2M | |
| Net Income Applicable To Common Shares | 5.1M | 3.3M | 1.4M | 9.3M | 10.7M | 11.2M | |
| Research Development | 7.5M | 6.7M | 10.2M | 10.8M | 11.1M | 6.1M | |
| Net Income From Continuing Ops | 5.3M | 4.7M | (1.1M) | (2.3M) | (1.1M) | (1.2M) | |
| Tax Provision | (1.7M) | 348K | (2.0M) | (220K) | (416K) | (436.8K) | |
| Interest Income | 377.7K | 24K | 3K | 2K | 1.8K | 1.7K | |
| Net Interest Income | (15.9K) | (25K) | (479K) | (898K) | (2.0M) | (1.9M) | |
| Reconciled Depreciation | 2.5M | 3.0M | 4.6M | 5.4M | 5.5M | 3.9M |
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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 Luna Innovations offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Luna Innovations' 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 Luna Innovations Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Luna Innovations Incorporated Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Luna Innovations Incorporated. 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. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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 Luna Innovations. If investors know Luna 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 Luna Innovations 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 (0.68) | Earnings Share (0.03) | Revenue Per Share 3.487 | Quarterly Revenue Growth 0.053 | Return On Assets 0.0055 |
The market value of Luna Innovations is measured differently than its book value, which is the value of Luna that is recorded on the company's balance sheet. Investors also form their own opinion of Luna Innovations' value that differs from its market value or its book value, called intrinsic value, which is Luna Innovations' 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 Luna Innovations' market value can be influenced by many factors that don't directly affect Luna Innovations' 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 Luna Innovations' value and its price as these two are different measures arrived at by different means. Investors typically determine if Luna Innovations is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Luna Innovations' 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.