Opthea Historical Income Statement
OPT Stock | USD 3.17 0.01 0.32% |
Historical analysis of Opthea income statement accounts such as Total Operating Expenses of 201.6 M can show how well Opthea performed in making a profits. Evaluating Opthea income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Opthea's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Opthea 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 Opthea is a good buy for the upcoming year.
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About Opthea Income Statement Analysis
Opthea 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 Opthea shareholders. The income statement also shows Opthea 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).
Opthea Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Opthea. It is also known as Opthea 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.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Opthea minus its cost of goods sold. It is profit before Opthea 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.Cost Of Revenue
Cost of Revenue is found on Opthea income statement and represents the costs associated with goods and services Opthea 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.Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Most accounts from Opthea's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Opthea 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 Opthea. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more information on how to buy Opthea Stock please use our How to Invest in Opthea guide.At this time, Opthea's Interest Expense is comparatively stable compared to the past year. Other Operating Expenses is likely to gain to about 201.6 M in 2024, despite the fact that EBIT is likely to grow to (190.1 M).
Opthea income statement Correlations
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Opthea Account Relationship Matchups
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Opthea income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 96.5K | 107.1K | 78.1K | 100.8K | 103.0K | 97.9K | |
Interest Expense | 14.5K | 21.7M | 235.5K | 13.5M | 30.3M | 31.8M | |
Other Operating Expenses | 17.1M | 39.7M | 96.6M | 150.1M | 192.0M | 201.6M | |
Operating Income | 59.1K | (39.3M) | (96.3M) | (146.8M) | (191.8M) | (182.3M) | |
Ebit | (17.1M) | (50.5M) | (98.8M) | (134.4M) | (200.1M) | (190.1M) | |
Ebitda | (17.0M) | (50.4M) | (98.7M) | (134.3M) | (200.0M) | (190.0M) | |
Total Operating Expenses | 17.0M | 39.7M | 96.6M | 150.1M | 192.0M | 201.6M | |
Income Before Tax | (16.8M) | (50.3M) | (99.1M) | (148.4M) | (229.7M) | (218.2M) | |
Total Other Income Expense Net | 256.9K | (10.6M) | (2.8M) | (1.6M) | (37.8M) | (35.9M) | |
Net Income | (11.1M) | (45.3M) | (92.8M) | (142.5M) | (220.2M) | (209.2M) | |
Income Tax Expense | (5.7M) | (4.9M) | (6.3M) | (5.9M) | (9.4M) | (8.9M) | |
Selling General Administrative | 6.6M | 11.9M | 16.3M | 19.3M | 15.5M | 16.3M | |
Research Development | 12.0M | 25.9M | 78.7M | 122.1M | 176.3M | 185.1M | |
Total Revenue | 59.1K | 68.6K | 90.7K | 108.4K | 261.9K | 248.8K | |
Gross Profit | (458.2K) | (503.4K) | (141.8K) | (142.1K) | 21.7K | 20.6K | |
Cost Of Revenue | 517.3K | 572.0K | 232.5K | 250.5K | 240.1K | 291.1K | |
Tax Provision | (8.5M) | (4.9M) | (6.3M) | (5.9M) | (9.4M) | (9.9M) | |
Net Interest Income | 721.3K | 372.0K | 235.5K | (10.2M) | (26.9M) | (25.5M) | |
Interest Income | 721.3K | 372.0K | 235.5K | 3.2M | 3.4M | 3.6M | |
Net Income From Continuing Ops | (16.5M) | (45.3M) | (92.8M) | (142.5M) | (220.2M) | (209.2M) | |
Reconciled Depreciation | 144.0K | 106.7K | 78.4K | 101.2K | 103.0K | 85.5K | |
Net Income Applicable To Common Shares | (16.5M) | (45.3M) | (92.8M) | (142.5M) | (128.3M) | (121.9M) |
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When running Opthea's price analysis, check to measure Opthea'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 Opthea is operating at the current time. Most of Opthea's value examination focuses on studying past and present price action to predict the probability of Opthea's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Opthea's price. Additionally, you may evaluate how the addition of Opthea to your portfolios can decrease your overall portfolio volatility.