MacroGenics Historical Income Statement

MGNX Stock  USD 3.21  0.07  2.13%   
Historical analysis of MacroGenics income statement accounts such as Total Revenue of 89.7 M can show how well MacroGenics performed in making a profits. Evaluating MacroGenics income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of MacroGenics's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining MacroGenics 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 MacroGenics 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 MacroGenics. 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.
For more information on how to buy MacroGenics Stock please use our How to Invest in MacroGenics guide.

About MacroGenics Income Statement Analysis

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

MacroGenics Income Statement Chart

At this time, MacroGenics' Interest Expense is fairly stable compared to the past year. Total Revenue is likely to rise to about 89.7 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 7.3 M in 2024.

Total Revenue

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

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on MacroGenics income statement and is an important metric when analyzing MacroGenics 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 MacroGenics' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into MacroGenics 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 MacroGenics. 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.
For more information on how to buy MacroGenics Stock please use our How to Invest in MacroGenics guide.At this time, MacroGenics' Interest Expense is fairly stable compared to the past year. Total Revenue is likely to rise to about 89.7 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 7.3 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses275.8M266.0M217.2M181.0M
Cost Of Revenue2.7M7.4M8.2M7.8M

MacroGenics income statement Correlations

0.950.480.010.97-0.86-0.760.97-0.730.20.97-0.760.24-0.75-0.38-0.750.740.840.230.23
0.950.430.040.98-0.89-0.740.96-0.71-0.020.98-0.750.3-0.74-0.24-0.730.670.830.310.3
0.480.430.640.47-0.09-0.150.47-0.120.070.47-0.16-0.07-0.16-0.08-0.140.680.31-0.01-0.02
0.010.040.640.030.240.240.010.25-0.260.020.18-0.110.190.470.180.2-0.090.010.01
0.970.980.470.03-0.9-0.791.0-0.760.151.0-0.790.24-0.79-0.3-0.780.680.810.250.24
-0.86-0.89-0.090.24-0.90.75-0.90.73-0.07-0.90.76-0.450.760.210.75-0.52-0.81-0.42-0.42
-0.76-0.74-0.150.24-0.790.75-0.811.0-0.39-0.81.00.251.00.641.0-0.21-0.630.270.28
0.970.960.470.011.0-0.9-0.81-0.790.231.0-0.820.21-0.82-0.35-0.80.680.80.20.2
-0.73-0.71-0.120.25-0.760.731.0-0.79-0.4-0.771.00.281.00.651.0-0.17-0.60.310.31
0.2-0.020.07-0.260.15-0.07-0.390.23-0.40.17-0.36-0.4-0.37-0.63-0.360.07-0.08-0.47-0.47
0.970.980.470.021.0-0.9-0.81.0-0.770.17-0.80.23-0.8-0.32-0.790.680.810.230.22
-0.76-0.75-0.160.18-0.790.761.0-0.821.0-0.36-0.80.251.00.61.0-0.2-0.630.260.27
0.240.3-0.07-0.110.24-0.450.250.210.28-0.40.230.250.250.510.260.490.350.990.99
-0.75-0.74-0.160.19-0.790.761.0-0.821.0-0.37-0.81.00.250.591.0-0.2-0.620.260.27
-0.38-0.24-0.080.47-0.30.210.64-0.350.65-0.63-0.320.60.510.590.6-0.12-0.230.60.6
-0.75-0.73-0.140.18-0.780.751.0-0.81.0-0.36-0.791.00.261.00.6-0.18-0.620.280.28
0.740.670.680.20.68-0.52-0.210.68-0.170.070.68-0.20.49-0.2-0.12-0.180.540.490.48
0.840.830.31-0.090.81-0.81-0.630.8-0.6-0.080.81-0.630.35-0.62-0.23-0.620.540.360.35
0.230.31-0.010.010.25-0.420.270.20.31-0.470.230.260.990.260.60.280.490.361.0
0.230.3-0.020.010.24-0.420.280.20.31-0.470.220.270.990.270.60.280.480.351.0
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MacroGenics Account Relationship Matchups

MacroGenics income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization10.8M12.0M11.3M11.9M9.6M7.3M
Selling General Administrative46.1M42.7M63.0M58.9M52.2M37.0M
Total Revenue62.0M97.8M75.6M151.9M58.7M89.7M
Gross Profit(133.3M)97.8M73.0M144.6M50.5M71.6M
Other Operating Expenses239.2M228.8M278.4M273.4M227.0M182.7M
Operating Income(177.2M)(131.1M)(202.8M)(121.4M)(168.2M)(159.8M)
Ebit(177.2M)(131.1M)(202.8M)(121.4M)(7.6M)(8.0M)
Research Development195.3M193.2M214.6M207.0M166.6M147.1M
Ebitda(166.3M)(119.1M)(191.5M)(109.6M)2.0M2.1M
Cost Of Revenue195.3M193.2M2.7M7.4M8.2M7.8M
Total Operating Expenses239.2M228.8M275.8M266.0M217.2M181.0M
Income Before Tax(151.8M)(129.7M)(202.1M)(119.8M)(9.1M)(9.5M)
Total Other Income Expense Net25.4M1.3M680K1.7M159.2M167.1M
Net Income Applicable To Common Shares(151.8M)(129.7M)(202.1M)(119.8M)(107.8M)(113.2M)
Net Income(151.8M)(117.8M)(190.9M)(120.0M)(9.1M)(9.5M)
Income Tax Expense(25.4M)(12.0M)(11.3M)263K9.5M10.0M
Net Income From Continuing Ops(151.8M)(129.7M)(202.1M)(119.8M)(9.1M)(9.5M)
Reconciled Depreciation10.8M12.0M11.3M11.9M9.6M11.2M

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Additional Tools for MacroGenics Stock Analysis

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