Moving Historical Income Statement
| MITQ Stock | USD 0.65 0.02 3.17% |
Historical analysis of Moving IMage income statement accounts such as Depreciation And Amortization of 201.6 K can show how well Moving iMage Technologies performed in making a profits. Evaluating Moving IMage income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Moving IMage's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Moving iMage 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 Moving iMage Technologies is a good buy for the upcoming year.
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About Moving Income Statement Analysis
Moving iMage 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 Moving IMage shareholders. The income statement also shows Moving 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).
Moving IMage Income Statement Chart
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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.Total Revenue
Total revenue comprises all receipts Moving iMage Technologies 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 Moving iMage Technologies minus its cost of goods sold. It is profit before Moving IMage 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.Most accounts from Moving IMage's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Moving iMage 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 Moving iMage 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 estimate. At this time, Moving IMage's Interest Expense is relatively stable compared to the past year. As of 11/29/2024, Net Interest Income is likely to grow to about 194.2 K, while Depreciation And Amortization is likely to drop slightly above 201.6 K.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 4.5M | 5.3M | 4.7M | 3.5M | Total Revenue | 18.4M | 20.2M | 20.1M | 14.6M |
Moving IMage income statement Correlations
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Moving IMage Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Moving IMage income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 263K | 237K | 40K | 139M | 159.9M | 167.8M | |
| Ebit | (620K) | (408K) | (1.3M) | (1.8M) | (1.6M) | (1.5M) | |
| Net Income Applicable To Common Shares | (883K) | (1.0M) | (1.3M) | (1.8M) | (1.6M) | (1.5M) | |
| Net Interest Income | (263K) | (237K) | (40K) | 139K | 185K | 194.3K | |
| Depreciation And Amortization | 214K | 227K | 115K | 349K | 341K | 201.6K | |
| Selling General Administrative | 2.4M | 1.6M | 3.6M | 3.4M | 3.5M | 3.0M | |
| Selling And Marketing Expenses | 2.3M | 1.5M | 2.4M | 2.6M | 2.4M | 2.5M | |
| Total Revenue | 16.4M | 7.2M | 18.4M | 20.2M | 20.1M | 14.6M | |
| Gross Profit | 4.3M | 1.7M | 4.5M | 5.3M | 4.7M | 3.5M | |
| Other Operating Expenses | 17.0M | 8.7M | 20.1M | 21.2M | 21.7M | 15.3M | |
| Operating Income | (620K) | (1.5M) | (1.8M) | (2.0M) | (1.6M) | (1.6M) | |
| Net Income From Continuing Ops | (883K) | (1.0M) | (1.3M) | (1.8M) | (1.4M) | (1.3M) | |
| Research Development | 240K | 152K | 238K | 261K | 277K | 218.4K | |
| Ebitda | (406K) | (181K) | (1.2M) | (1.4M) | (1.2M) | (1.2M) | |
| Cost Of Revenue | 12.0M | 5.6M | 13.9M | 14.9M | 15.5M | 11.1M | |
| Total Operating Expenses | 5.0M | 3.2M | 6.2M | 6.3M | 6.2M | 5.8M | |
| Reconciled Depreciation | 214K | 227K | 115K | 349K | 341K | 201.0K | |
| Income Before Tax | (883K) | (1.0M) | (1.3M) | (1.8M) | (1.4M) | (1.3M) | |
| Total Other Income Expense Net | (263K) | 916K | 417K | 177K | 185K | 228.5K | |
| Net Income | (1.1M) | (1.3M) | (928K) | (1.8M) | (1.4M) | (1.3M) | |
| Income Tax Expense | 263K | 237K | (417K) | 777K | 893.6K | 938.2K |
Pair Trading with Moving IMage
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Moving IMage position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Moving IMage will appreciate offsetting losses from the drop in the long position's value.Moving against Moving Stock
| 0.56 | EVLV | Evolv Technologies Trending | PairCorr |
| 0.54 | CDW | CDW Corp | PairCorr |
| 0.53 | IVAC | Intevac | PairCorr |
| 0.51 | STX | Seagate Technology PLC | PairCorr |
| 0.5 | VRME | VerifyMe | PairCorr |
The ability to find closely correlated positions to Moving IMage could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Moving IMage when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Moving IMage - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Moving iMage Technologies to buy it.
The correlation of Moving IMage is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Moving IMage moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Moving iMage Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Moving IMage can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Moving Stock Analysis
When running Moving IMage's price analysis, check to measure Moving IMage'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 Moving IMage is operating at the current time. Most of Moving IMage's value examination focuses on studying past and present price action to predict the probability of Moving IMage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Moving IMage's price. Additionally, you may evaluate how the addition of Moving IMage to your portfolios can decrease your overall portfolio volatility.