Opthea Historical Income Statement

OPT Stock  USD 3.16  0.03  0.96%   
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.
 
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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.
  
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.

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

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).

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.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Opthea income statement and is an important metric when analyzing Opthea profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

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.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
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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-0.75-0.87-1.00.991.0-1.01.00.861.00.64-0.89-0.99-0.780.17-0.430.360.40.92-0.891.0-0.59
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-0.74-0.88-1.00.991.01.0-1.00.881.00.63-0.87-1.0-0.790.15-0.420.360.390.94-0.911.0-0.58
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-0.74-0.88-1.00.991.01.0-1.01.00.880.6-0.87-1.0-0.780.14-0.410.380.360.94-0.911.0-0.58
-0.52-0.52-0.630.570.640.64-0.630.630.530.6-0.57-0.64-0.650.21-0.35-0.310.940.53-0.560.61-0.46
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-0.75-0.28-0.150.130.170.17-0.150.150.070.140.21-0.47-0.110.0-0.94-0.220.1-0.030.00.14-0.84
0.880.550.41-0.38-0.43-0.430.41-0.42-0.38-0.41-0.350.630.380.29-0.940.08-0.2-0.280.27-0.410.93
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-0.27-0.3-0.40.310.40.4-0.40.390.330.360.94-0.31-0.41-0.580.1-0.2-0.510.34-0.40.38-0.31
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-0.73-0.88-1.00.991.01.0-1.01.00.881.00.61-0.87-1.0-0.790.14-0.410.370.380.94-0.91-0.58
0.930.580.58-0.55-0.59-0.590.58-0.58-0.46-0.58-0.460.740.560.43-0.840.930.12-0.31-0.450.47-0.58
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Opthea Account Relationship Matchups

Opthea income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization96.5K107.1K78.1K100.8K103.0K97.9K
Interest Expense14.5K21.7M235.5K13.5M30.3M31.8M
Other Operating Expenses17.1M39.7M96.6M150.1M192.0M201.6M
Operating Income59.1K(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 Expenses17.0M39.7M96.6M150.1M192.0M201.6M
Income Before Tax(16.8M)(50.3M)(99.1M)(148.4M)(229.7M)(218.2M)
Total Other Income Expense Net256.9K(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 Administrative6.6M11.9M16.3M19.3M15.5M16.3M
Research Development12.0M25.9M78.7M122.1M176.3M185.1M
Total Revenue59.1K68.6K90.7K108.4K261.9K248.8K
Gross Profit(458.2K)(503.4K)(141.8K)(142.1K)21.7K20.6K
Cost Of Revenue517.3K572.0K232.5K250.5K240.1K291.1K
Tax Provision(8.5M)(4.9M)(6.3M)(5.9M)(9.4M)(9.9M)
Net Interest Income721.3K372.0K235.5K(10.2M)(26.9M)(25.5M)
Interest Income721.3K372.0K235.5K3.2M3.4M3.6M
Net Income From Continuing Ops(16.5M)(45.3M)(92.8M)(142.5M)(220.2M)(209.2M)
Reconciled Depreciation144.0K106.7K78.4K101.2K103.0K85.5K
Net Income Applicable To Common Shares(16.5M)(45.3M)(92.8M)(142.5M)(128.3M)(121.9M)

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Additional Tools for Opthea Stock Analysis

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.