Omeros Historical Income Statement
OMER Stock | USD 11.35 0.56 4.70% |
Historical analysis of Omeros income statement accounts such as Total Revenue of 0.0 can show how well Omeros performed in making a profits. Evaluating Omeros income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Omeros's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Omeros 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 Omeros is a good buy for the upcoming year.
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About Omeros Income Statement Analysis
Omeros 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 Omeros shareholders. The income statement also shows Omeros 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).
Omeros Income Statement Chart
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Gross Profit
Gross profit is a required income statement account that reflects total revenue of Omeros minus its cost of goods sold. It is profit before Omeros 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 Omeros. It is also known as Omeros 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.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 Omeros' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Omeros 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 Omeros. 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. To learn how to invest in Omeros Stock, please use our How to Invest in Omeros guide.At this time, Omeros' Cost Of Revenue is relatively stable compared to the past year. As of 11/29/2024, Non Operating Income Net Other is likely to grow to about 3.8 M, while Interest Expense is likely to drop slightly above 9.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 19.7M | 22.7M | 14.5M | 9.7M | Depreciation And Amortization | 1.4M | 952K | 920K | 720.9K |
Omeros income statement Correlations
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Omeros Account Relationship Matchups
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High Negative Relationship
Omeros income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 1.6M | 1.6M | 1.4M | 952K | 920K | 720.9K | |
Interest Expense | 22.7M | 26.8M | 19.7M | 22.7M | 14.5M | 9.7M | |
Selling General Administrative | 64.6M | 72.7M | 54.8M | 50.7M | 52.4M | 34.9M | |
Total Revenue | 64.8M | 29.9M | 111.8M | 73.8M | 90.5M | 0.0 | |
Gross Profit | 110.9M | 72.9M | (1.4M) | (952K) | (69.8M) | (66.3M) | |
Other Operating Expenses | 175.2M | 184.4M | 173.6M | 163.4M | 164.5M | 99.0M | |
Operating Income | (63.4M) | (110.6M) | (173.6M) | (163.4M) | (164.5M) | (156.3M) | |
Ebit | (63.4M) | (169.6M) | (173.6M) | (163.4M) | (164.5M) | (156.3M) | |
Research Development | 109.7M | 110.8M | 118.8M | 112.7M | 114.9M | 63.9M | |
Ebitda | (61.8M) | (168.0M) | (172.2M) | (162.4M) | (163.6M) | (155.4M) | |
Total Operating Expenses | 174.3M | 183.5M | 173.6M | 163.4M | 94.8M | 94.4M | |
Income Before Tax | (84.5M) | (150.1M) | (191.5M) | (182.0M) | (174.9M) | (166.2M) | |
Total Other Income Expense Net | (21.1M) | (39.5M) | (17.9M) | (18.6M) | (10.4M) | (9.9M) | |
Net Income | (106.9M) | (138.1M) | 194.2M | 28.8M | (117.8M) | (111.9M) | |
Income Tax Expense | 22.4M | (12.0M) | (365.8M) | (210.8M) | (57.1M) | (54.3M) | |
Cost Of Revenue | 865K | 902K | 1.4M | 952K | 69.8M | 73.3M | |
Net Income From Continuing Ops | (84.5M) | (138.1M) | (191.5M) | (182.0M) | (181.7M) | (172.6M) | |
Non Operating Income Net Other | 1.6M | (12.7M) | 1.7M | 4.1M | 3.7M | 3.8M | |
Net Income Applicable To Common Shares | (84.5M) | (138.1M) | 194.2M | 47.4M | 54.5M | 57.3M | |
Interest Income | 22.7M | 654K | 1.7M | 4.1M | 14.9M | 15.7M | |
Net Interest Income | (22.7M) | (26.8M) | (19.7M) | (18.6M) | (16.8M) | (17.6M) | |
Reconciled Depreciation | 1.8M | 1.6M | 1.4M | 952K | 878K | 1.3M |
Pair Trading with Omeros
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 Omeros 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 Omeros will appreciate offsetting losses from the drop in the long position's value.Moving together with Omeros Stock
0.64 | FNMFO | Federal National Mortgage Upward Rally | PairCorr |
Moving against Omeros Stock
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0.48 | HLN | Haleon plc | PairCorr |
0.48 | ANRO | Alto Neuroscience, | PairCorr |
The ability to find closely correlated positions to Omeros could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Omeros 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 Omeros - 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 Omeros to buy it.
The correlation of Omeros 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 Omeros moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Omeros 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 Omeros 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 Omeros Stock Analysis
When running Omeros' price analysis, check to measure Omeros' 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 Omeros is operating at the current time. Most of Omeros' value examination focuses on studying past and present price action to predict the probability of Omeros' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Omeros' price. Additionally, you may evaluate how the addition of Omeros to your portfolios can decrease your overall portfolio volatility.