Nxu Historical Income Statement

NXU Stock  USD 0.26  0.01  3.70%   
Historical analysis of Nxu income statement accounts such as Cost Of Revenue of 1.1 M can show how well Nxu Inc performed in making a profits. Evaluating Nxu income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Nxu's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Nxu Inc 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 Nxu Inc 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 Nxu Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

About Nxu Income Statement Analysis

Nxu Inc 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 Nxu shareholders. The income statement also shows Nxu 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).

Nxu Income Statement Chart

At this time, Nxu's Other Operating Expenses is comparatively stable compared to the past year. Depreciation And Amortization is likely to gain to about 723.5 K in 2024, despite the fact that Gross Profit is likely to grow to (506.4 K).

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Nxu Inc. It is also known as Nxu 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.

Cost Of Revenue

Cost of Revenue is found on Nxu Inc income statement and represents the costs associated with goods and services Nxu 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.
Most accounts from Nxu's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Nxu Inc 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 Nxu Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
At this time, Nxu's Other Operating Expenses is comparatively stable compared to the past year. Depreciation And Amortization is likely to gain to about 723.5 K in 2024, despite the fact that Gross Profit is likely to grow to (506.4 K).
 2021 2022 2023 2024 (projected)
Total Operating Expenses133.7M68.8M46.2M71.6M
Cost Of Revenue89.1K348K1.0M1.1M

Nxu income statement Correlations

-0.990.51-0.55-0.990.68-0.980.450.99-0.980.25-0.980.34-0.27-0.47-0.040.470.42
-0.99-0.380.441.0-0.611.0-0.33-0.981.0-0.111.0-0.350.30.37-0.08-0.37-0.32
0.51-0.38-0.99-0.420.9-0.350.990.5-0.350.86-0.360.31-0.08-0.95-0.550.970.95
-0.550.44-0.990.47-0.950.4-0.97-0.540.41-0.790.41-0.420.170.980.44-0.99-0.96
-0.991.0-0.420.47-0.621.0-0.36-0.991.0-0.171.0-0.320.260.39-0.02-0.39-0.35
0.68-0.610.9-0.95-0.62-0.570.850.64-0.580.6-0.580.57-0.29-0.96-0.220.940.93
-0.981.0-0.350.41.0-0.57-0.29-0.981.0-0.081.0-0.340.30.34-0.1-0.33-0.28
0.45-0.330.99-0.97-0.360.85-0.290.45-0.290.91-0.30.20.03-0.91-0.640.940.93
0.99-0.980.5-0.54-0.990.64-0.980.45-0.980.26-0.980.3-0.27-0.44-0.060.460.39
-0.981.0-0.350.411.0-0.581.0-0.29-0.98-0.091.0-0.340.30.34-0.09-0.33-0.29
0.25-0.110.86-0.79-0.170.6-0.080.910.26-0.09-0.09-0.210.41-0.69-0.90.730.77
-0.981.0-0.360.411.0-0.581.0-0.3-0.981.0-0.09-0.350.310.35-0.1-0.34-0.29
0.34-0.350.31-0.42-0.320.57-0.340.20.3-0.34-0.21-0.35-0.92-0.550.620.510.39
-0.270.3-0.080.170.26-0.290.30.03-0.270.30.410.31-0.920.27-0.75-0.27-0.06
-0.470.37-0.950.980.39-0.960.34-0.91-0.440.34-0.690.35-0.550.270.3-0.99-0.98
-0.04-0.08-0.550.44-0.02-0.22-0.1-0.64-0.06-0.09-0.9-0.10.62-0.750.3-0.35-0.45
0.47-0.370.97-0.99-0.390.94-0.330.940.46-0.330.73-0.340.51-0.27-0.99-0.350.96
0.42-0.320.95-0.96-0.350.93-0.280.930.39-0.290.77-0.290.39-0.06-0.98-0.450.96
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Additional Tools for Nxu Stock Analysis

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