OmniAb Historical Income Statement

OABI Stock  USD 3.90  0.12  3.17%   
Historical analysis of OmniAb income statement accounts such as Selling General Administrative of 20.7 M can show how well OmniAb Inc performed in making a profits. Evaluating OmniAb income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of OmniAb's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining OmniAb 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 OmniAb Inc is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OmniAb 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 bureau of labor statistics.

About OmniAb Income Statement Analysis

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

OmniAb Income Statement Chart

As of now, OmniAb's Total Other Income Expense Net is increasing as compared to previous years.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Total Revenue

Total revenue comprises all receipts OmniAb Inc 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 OmniAb Inc minus its cost of goods sold. It is profit before OmniAb 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 OmniAb Inc. It is also known as OmniAb 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.
Most accounts from OmniAb's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into OmniAb 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in OmniAb 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 bureau of labor statistics.
As of now, OmniAb's Total Other Income Expense Net is increasing as compared to previous years.
 2021 2022 2023 2024 (projected)
Gross Profit19.8M42.8M34.2M30.4M
Total Revenue34.7M59.1M34.2M37.3M

OmniAb income statement Correlations

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-0.820.980.80.850.99-0.93-0.94-0.930.99-0.920.990.95-0.930.78-0.92-0.930.87-0.66
-0.690.980.810.870.98-0.87-0.88-0.880.97-0.870.980.89-0.870.72-0.88-0.840.88-0.6
-0.680.80.810.920.85-0.59-0.74-0.620.87-0.580.850.61-0.60.36-0.58-0.610.55-0.37
-0.590.850.870.920.87-0.66-0.7-0.690.87-0.660.870.62-0.670.51-0.66-0.660.72-0.48
-0.820.990.980.850.87-0.88-0.93-0.891.0-0.871.00.92-0.890.71-0.87-0.890.83-0.59
0.76-0.93-0.87-0.59-0.66-0.880.951.0-0.871.0-0.88-0.951.0-0.951.00.98-0.940.87
0.86-0.94-0.88-0.74-0.7-0.930.950.95-0.930.94-0.93-0.950.96-0.820.940.96-0.830.76
0.75-0.93-0.88-0.62-0.69-0.891.00.95-0.881.0-0.89-0.941.0-0.941.00.97-0.950.87
-0.830.990.970.870.871.0-0.87-0.93-0.88-0.861.00.91-0.870.68-0.86-0.880.8-0.57
0.73-0.92-0.87-0.58-0.66-0.871.00.941.0-0.86-0.87-0.941.0-0.961.00.97-0.950.88
-0.820.990.980.850.871.0-0.88-0.93-0.891.0-0.870.92-0.890.71-0.87-0.890.83-0.59
-0.840.950.890.610.620.92-0.95-0.95-0.940.91-0.940.92-0.950.83-0.93-0.960.83-0.67
0.76-0.93-0.87-0.6-0.67-0.891.00.961.0-0.871.0-0.89-0.95-0.951.00.98-0.940.86
-0.60.780.720.360.510.71-0.95-0.82-0.940.68-0.960.710.83-0.95-0.95-0.910.93-0.93
0.71-0.92-0.88-0.58-0.66-0.871.00.941.0-0.861.0-0.87-0.931.0-0.950.96-0.950.88
0.87-0.93-0.84-0.61-0.66-0.890.980.960.97-0.880.97-0.89-0.960.98-0.910.96-0.870.8
-0.530.870.880.550.720.83-0.94-0.83-0.950.8-0.950.830.83-0.940.93-0.95-0.87-0.87
0.46-0.66-0.6-0.37-0.48-0.590.870.760.87-0.570.88-0.59-0.670.86-0.930.880.8-0.87
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When determining whether OmniAb Inc is a strong investment it is important to analyze OmniAb's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact OmniAb's future performance. For an informed investment choice regarding OmniAb Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OmniAb 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 bureau of labor statistics.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Biotechnology 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 OmniAb. If investors know OmniAb 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 OmniAb listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.62)
Revenue Per Share
0.202
Quarterly Revenue Growth
(0.24)
Return On Assets
(0.14)
Return On Equity
(0.20)
The market value of OmniAb Inc is measured differently than its book value, which is the value of OmniAb that is recorded on the company's balance sheet. Investors also form their own opinion of OmniAb's value that differs from its market value or its book value, called intrinsic value, which is OmniAb's 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 OmniAb's market value can be influenced by many factors that don't directly affect OmniAb's 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 OmniAb's value and its price as these two are different measures arrived at by different means. Investors typically determine if OmniAb is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OmniAb's 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.