Phreesia Historical Income Statement
| PHR Stock | USD 21.03 0.73 3.60% |
Historical analysis of Phreesia income statement accounts such as Depreciation And Amortization of 21.3 M, Interest Expense of 1.8 M, Selling General Administrative of 53.2 M or Selling And Marketing Expenses of 83.5 M can show how well Phreesia performed in making a profits. Evaluating Phreesia income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Phreesia's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Phreesia 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 Phreesia is a good buy for the upcoming year.
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About Phreesia Income Statement Analysis
Phreesia 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 Phreesia shareholders. The income statement also shows Phreesia 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).
Phreesia Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Phreesia 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 Phreesia minus its cost of goods sold. It is profit before Phreesia 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.Most accounts from Phreesia's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Phreesia 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 Phreesia. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. To learn how to invest in Phreesia Stock, please use our How to Invest in Phreesia guide.At this time, Phreesia's Tax Provision is relatively stable compared to the past year. As of 12/01/2024, Net Interest Income is likely to grow to about 2.3 M, while Interest Expense is likely to drop slightly above 1.8 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.2M | 1.4M | 1.9M | 1.8M | Depreciation And Amortization | 24.5M | 28.8M | 29.5M | 21.3M |
Phreesia income statement Correlations
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Phreesia Account Relationship Matchups
High Positive Relationship
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Phreesia income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Tax Provision | (1.8M) | 49K | 182K | 483K | 1.5M | 1.6M | |
| Net Interest Income | (2.4M) | (1.6M) | (1.1M) | 1.1M | 2.2M | 2.3M | |
| Interest Income | 2.4M | 1.6M | 1.1M | 1.1M | 4.1M | 4.3M | |
| Depreciation And Amortization | 13.9M | 17.9M | 24.5M | 28.8M | 29.5M | 21.3M | |
| Interest Expense | 2.4M | 1.7M | 1.2M | 1.4M | 1.9M | 1.8M | |
| Selling General Administrative | 30.5M | 40.5M | 68.7M | 80.4M | 79.9M | 53.2M | |
| Selling And Marketing Expenses | 32.4M | 43.0M | 106.4M | 151.3M | 147.0M | 83.5M | |
| Total Revenue | 124.8M | 148.7M | 213.2M | 280.9M | 356.3M | 204.9M | |
| Gross Profit | 80.1M | 96.3M | 131.8M | 171.6M | 232.3M | 129.7M | |
| Other Operating Expenses | 140.1M | 174.3M | 330.1M | 457.5M | 489.7M | 282.1M | |
| Operating Income | (12.0M) | (25.7M) | (116.8M) | (176.6M) | (131.8M) | (125.2M) | |
| Net Income From Continuing Ops | (20.3M) | (27.3M) | (118.2M) | (176.1M) | (136.9M) | (130.0M) | |
| Ebit | (12.0M) | (25.5M) | (116.8M) | (174.3M) | (132.4M) | (125.8M) | |
| Research Development | 18.6M | 22.6M | 52.3M | 91.2M | 112.3M | 118.0M | |
| Ebitda | 1.9M | (7.6M) | (92.3M) | (145.5M) | (102.9M) | (97.8M) | |
| Cost Of Revenue | 44.7M | 52.4M | 81.4M | 109.3M | 124.0M | 75.2M | |
| Total Operating Expenses | 95.4M | 122.0M | 248.7M | 348.2M | 369.8M | 207.6M | |
| Reconciled Depreciation | 13.9M | 15.9M | 21.3M | 25.3M | 29.5M | 20.0M | |
| Income Before Tax | (22.1M) | (27.2M) | (118.0M) | (175.7M) | (135.3M) | (128.6M) | |
| Total Other Income Expense Net | (10.1M) | (1.9M) | (1.9M) | 889K | (3.6M) | (3.7M) | |
| Net Income Applicable To Common Shares | (91.4M) | (27.3M) | (118.2M) | (176.1M) | (158.5M) | (150.6M) | |
| Net Income | (20.3M) | (27.3M) | (118.2M) | (176.1M) | (136.9M) | (130.0M) | |
| Income Tax Expense | (1.8M) | 49K | 182K | 483K | 1.5M | 1.6M |
Pair Trading with Phreesia
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 Phreesia 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 Phreesia will appreciate offsetting losses from the drop in the long position's value.Moving together with Phreesia Stock
Moving against Phreesia Stock
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The ability to find closely correlated positions to Phreesia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Phreesia 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 Phreesia - 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 Phreesia to buy it.
The correlation of Phreesia 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 Phreesia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Phreesia 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 Phreesia 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 Phreesia Stock Analysis
When running Phreesia's price analysis, check to measure Phreesia'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 Phreesia is operating at the current time. Most of Phreesia's value examination focuses on studying past and present price action to predict the probability of Phreesia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Phreesia's price. Additionally, you may evaluate how the addition of Phreesia to your portfolios can decrease your overall portfolio volatility.