MIRC Historical Income Statement
MIRCELECTR | 22.38 0.57 2.61% |
Historical analysis of MIRC Electronics income statement accounts such as Gross Profit of 103.2 M can show how well MIRC Electronics Limited performed in making a profits. Evaluating MIRC Electronics income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of MIRC Electronics's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining MIRC Electronics 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 MIRC Electronics is a good buy for the upcoming year.
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About MIRC Income Statement Analysis
MIRC Electronics 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 MIRC Electronics shareholders. The income statement also shows MIRC 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).
MIRC Electronics Income Statement Chart
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Total Revenue
Total revenue comprises all receipts MIRC Electronics 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.Cost Of Revenue
Cost of Revenue is found on MIRC Electronics income statement and represents the costs associated with goods and services MIRC Electronics 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 Applicable To Common Shares
The net income that remains after preferred dividends have been deducted, available to common shareholders.Most accounts from MIRC Electronics' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into MIRC Electronics 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 MIRC Electronics Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At present, MIRC Electronics' Interest Expense is projected to decrease significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 9.3 B, whereas Other Operating Expenses is forecasted to decline to about 9.1 B.
2022 | 2023 | 2024 | 2025 (projected) | Interest Expense | 109M | 150.5M | 135.5M | 161.2M | Depreciation And Amortization | 90.4M | 79.8M | 71.8M | 117.9M |
MIRC Electronics income statement Correlations
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MIRC Electronics Account Relationship Matchups
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MIRC Electronics income statement Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Depreciation And Amortization | 66.9M | 77.7M | 90.4M | 79.8M | 71.8M | 117.9M | |
Interest Expense | 131.4M | 119.3M | 109M | 150.5M | 135.5M | 161.2M | |
Total Revenue | 7.6B | 11.9B | 11.1B | 9.7B | 8.7B | 9.3B | |
Gross Profit | 1.2B | 1.4B | 1.5B | 120.7M | 108.6M | 103.2M | |
Other Operating Expenses | 7.6B | 12.0B | 11.1B | 10.2B | 9.2B | 9.1B | |
Operating Income | 71.5M | 90.8M | (19.1M) | (536.5M) | (482.9M) | (458.7M) | |
Ebit | 168.3M | (59.9M) | (38.2M) | (471.6M) | (542.3M) | (569.4M) | |
Ebitda | 235.2M | 17.8M | 52.2M | (391.8M) | (450.6M) | (473.1M) | |
Cost Of Revenue | 6.4B | 10.5B | 9.6B | 9.5B | 8.6B | 7.3B | |
Total Operating Expenses | 1.1B | 1.5B | 1.5B | 819.7M | 737.7M | 700.8M | |
Income Before Tax | 18.9M | (200.7M) | (124.7M) | (622.1M) | (559.9M) | (531.9M) | |
Total Other Income Expense Net | (52.6M) | (101.2M) | (105.6M) | (85.6M) | (98.4M) | (103.3M) | |
Net Income | 18.9M | (200.7M) | (124.7M) | (622.1M) | (559.9M) | (531.9M) | |
Income Tax Expense | 61K | (226.0M) | 3.4M | 79.6M | 71.7M | 75.3M | |
Selling General Administrative | 8.7M | 13.5M | 676.9M | 51.3M | 46.1M | 43.8M | |
Selling And Marketing Expenses | 211.4M | 301.5M | 60.8M | 289.6M | 260.6M | 291.2M | |
Research Development | 26.2M | 31.4M | 32.0M | 29.2M | 26.3M | 30.9M | |
Net Income From Continuing Ops | 18.8M | (200.7M) | (124.7M) | (622.1M) | (559.9M) | (531.9M) | |
Net Income Applicable To Common Shares | (114.7M) | 18.9M | (200.7M) | (124.7M) | (143.4M) | (150.6M) | |
Interest Income | 131.3M | 149.4M | 140.8M | 109M | 98.1M | 115.0M | |
Net Interest Income | (149.4M) | (140.8M) | (109M) | (150.5M) | (173.1M) | (181.7M) | |
Reconciled Depreciation | 66.9M | 77.7M | 90.4M | 79.8M | 71.8M | 63.8M |
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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.Other Information on Investing in MIRC Stock
MIRC Electronics 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 MIRC Electronics shareholders. The income statement also shows MIRC 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).