ON24 Historical Income Statement
| ONTF Stock | USD 6.43 0.18 2.88% |
Historical analysis of ON24 income statement accounts such as Interest Expense of 88.3 K can show how well ON24 Inc performed in making a profits. Evaluating ON24 income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of ON24's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining ON24 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 ON24 Inc is a good buy for the upcoming year.
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About ON24 Income Statement Analysis
ON24 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 ON24 shareholders. The income statement also shows ON24 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).
ON24 Income Statement Chart
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Total Revenue
Total revenue comprises all receipts ON24 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 ON24 Inc minus its cost of goods sold. It is profit before ON24 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.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 ON24's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into ON24 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 ON24 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 estimate. At this time, ON24's Gross Profit is most likely to increase significantly in the upcoming years. The ON24's current Total Other Income Expense Net is estimated to increase to about 3.5 M, while Interest Expense is projected to decrease to roughly 88.3 K.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 464K | 181K | 93K | 88.4K | Depreciation And Amortization | 4.6M | 7.4M | 5.4M | 4.5M |
ON24 income statement Correlations
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ON24 Account Relationship Matchups
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ON24 income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Tax Provision | 355K | 297K | (285K) | 958K | 1.3M | 1.4M | |
| Net Interest Income | (1.0M) | (869K) | (464K) | (181K) | 1.8M | 1.9M | |
| Depreciation And Amortization | 2.3M | 3.0M | 4.6M | 7.4M | 5.4M | 4.5M | |
| Interest Expense | 1.0M | 869K | 464K | 181K | 93K | 88.4K | |
| Selling General Administrative | 14.6M | 21.8M | 40.9M | 44.0M | 49.1M | 33.7M | |
| Selling And Marketing Expenses | 47.8M | 60.6M | 104.1M | 109.6M | 89.2M | 84.0M | |
| Total Revenue | 89.1M | 156.9M | 203.6M | 190.9M | 163.7M | 162.6M | |
| Gross Profit | 62.0M | 123.6M | 156.2M | 138.1M | 119.5M | 120.5M | |
| Other Operating Expenses | 105.2M | 135.1M | 227.2M | 250.5M | 217.9M | 189.7M | |
| Operating Income | (16.1M) | 21.8M | (23.6M) | (59.6M) | (54.1M) | (51.4M) | |
| Net Income From Continuing Ops | (17.5M) | 20.8M | (24.3M) | (58.2M) | (54.0M) | (51.3M) | |
| Ebit | (16.1M) | 21.9M | (24.1M) | (57.1M) | (50.7M) | (48.2M) | |
| Research Development | 15.7M | 19.3M | 34.8M | 44.1M | 41.1M | 31.1M | |
| Ebitda | (13.8M) | 24.9M | (19.5M) | (49.7M) | (45.3M) | (43.1M) | |
| Cost Of Revenue | 27.1M | 33.3M | 47.4M | 52.8M | 44.2M | 42.1M | |
| Total Operating Expenses | 78.1M | 101.8M | 179.8M | 197.7M | 173.6M | 147.5M | |
| Reconciled Depreciation | 2.3M | 3.0M | 4.6M | 5.4M | 5.5M | 4.2M | |
| Income Before Tax | (17.2M) | 21.1M | (24.5M) | (57.3M) | (50.8M) | (48.3M) | |
| Total Other Income Expense Net | (1.1M) | (793K) | (951K) | 2.3M | 3.4M | 3.5M | |
| Net Income Applicable To Common Shares | (32.3M) | 4.1M | (24.8M) | (58.2M) | (52.4M) | (49.8M) | |
| Net Income | (17.5M) | 20.8M | (24.3M) | (58.2M) | (51.8M) | (49.2M) | |
| Income Tax Expense | 355K | 297K | (285K) | 958K | 995K | 1.0M |
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When determining whether ON24 Inc is a strong investment it is important to analyze ON24'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 ON24's future performance. For an informed investment choice regarding ON24 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 ON24 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 estimate. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Application Software 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 ON24. If investors know ON24 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 ON24 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.04) | Revenue Per Share 3.615 | Quarterly Revenue Growth (0.07) | Return On Assets (0.11) | Return On Equity (0.24) |
The market value of ON24 Inc is measured differently than its book value, which is the value of ON24 that is recorded on the company's balance sheet. Investors also form their own opinion of ON24's value that differs from its market value or its book value, called intrinsic value, which is ON24'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 ON24's market value can be influenced by many factors that don't directly affect ON24'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 ON24's value and its price as these two are different measures arrived at by different means. Investors typically determine if ON24 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ON24'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.