Phunware Net Income From Continuing Ops vs Operating Income Analysis

PHUN Stock  USD 4.40  0.36  7.56%   
Phunware financial indicator trend analysis is much more than just breaking down Phunware prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Phunware is a good investment. Please check the relationship between Phunware Net Income From Continuing Ops and its Operating Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Phunware. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
To learn how to invest in Phunware Stock, please use our How to Invest in Phunware guide.

Net Income From Continuing Ops vs Operating Income

Net Income From Continuing Ops vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Phunware Net Income From Continuing Ops account and Operating Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Phunware's Net Income From Continuing Ops and Operating Income is 0.56. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Operating Income in the same time period over historical financial statements of Phunware, assuming nothing else is changed. The correlation between historical values of Phunware's Net Income From Continuing Ops and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Phunware are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Net Income From Continuing Ops i.e., Phunware's Net Income From Continuing Ops and Operating Income go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Net Income From Continuing Ops

Operating Income

Operating Income is the amount of profit realized from Phunware operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Phunware is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Phunware's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Phunware current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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 Phunware. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
To learn how to invest in Phunware Stock, please use our How to Invest in Phunware guide.At this time, Phunware's Tax Provision is very stable compared to the past year. As of the 21st of November 2024, Sales General And Administrative To Revenue is likely to grow to 2.99, while Selling General Administrative is likely to drop about 13 M.
 2021 2022 2023 2024 (projected)
Gross Profit3.6M5.1M1.7M1.6M
Total Revenue10.6M21.8M4.8M4.6M

Phunware fundamental ratios Correlations

-0.380.590.630.310.30.63-0.52-0.420.36-0.450.53-0.28-0.47-0.55-0.60.840.55-0.40.580.75-0.58-0.32-0.340.36-0.25
-0.38-0.32-0.80.570.57-0.940.820.980.620.690.430.070.950.010.85-0.76-0.820.55-0.92-0.020.70.60.79-0.670.77
0.59-0.320.410.130.150.45-0.35-0.350.15-0.590.22-0.18-0.35-0.33-0.640.530.78-0.290.40.38-0.36-0.28-0.250.77-0.17
0.63-0.80.41-0.42-0.420.86-0.94-0.75-0.42-0.90.080.06-0.88-0.19-0.740.910.73-0.550.930.55-0.98-0.23-0.910.63-0.81
0.310.570.13-0.421.0-0.380.510.470.960.50.59-0.270.58-0.730.28-0.24-0.310.15-0.470.120.41-0.020.59-0.340.4
0.30.570.15-0.421.0-0.380.520.470.960.490.59-0.270.59-0.730.28-0.25-0.310.16-0.470.120.41-0.020.59-0.330.41
0.63-0.940.450.86-0.38-0.38-0.8-0.95-0.43-0.71-0.18-0.26-0.97-0.14-0.880.920.87-0.60.910.26-0.76-0.64-0.750.63-0.69
-0.520.82-0.35-0.940.510.52-0.80.740.470.890.03-0.30.830.120.74-0.82-0.670.52-0.96-0.460.930.140.9-0.680.81
-0.420.98-0.35-0.750.470.47-0.950.740.550.620.430.230.940.070.85-0.76-0.840.59-0.860.010.630.730.7-0.620.71
0.360.620.15-0.420.960.96-0.430.470.550.480.67-0.150.63-0.640.29-0.21-0.360.2-0.460.280.40.130.61-0.330.51
-0.450.69-0.59-0.90.50.49-0.710.890.620.48-0.03-0.20.770.070.68-0.76-0.770.42-0.83-0.490.920.060.87-0.780.74
0.530.430.220.080.590.59-0.180.030.430.67-0.030.110.27-0.420.080.16-0.14-0.13-0.10.76-0.160.40.17-0.060.25
-0.280.07-0.180.06-0.27-0.27-0.26-0.30.23-0.15-0.20.110.170.140.03-0.21-0.250.020.140.08-0.170.69-0.210.25-0.17
-0.470.95-0.35-0.880.580.59-0.970.830.940.630.770.270.17-0.060.83-0.86-0.840.58-0.91-0.210.80.540.83-0.630.72
-0.550.01-0.33-0.19-0.73-0.73-0.140.120.07-0.640.07-0.420.14-0.060.15-0.21-0.120.15-0.13-0.240.190.230.05-0.070.31
-0.60.85-0.64-0.740.280.28-0.880.740.850.290.680.080.030.830.15-0.8-0.920.67-0.87-0.210.630.550.61-0.860.54
0.84-0.760.530.91-0.24-0.250.92-0.82-0.76-0.21-0.760.16-0.21-0.86-0.21-0.80.8-0.540.880.62-0.84-0.41-0.720.58-0.56
0.55-0.820.780.73-0.31-0.310.87-0.67-0.84-0.36-0.77-0.14-0.25-0.84-0.12-0.920.8-0.590.780.21-0.64-0.6-0.620.85-0.55
-0.40.55-0.29-0.550.150.16-0.60.520.590.20.42-0.130.020.580.150.67-0.54-0.59-0.55-0.230.480.50.36-0.530.45
0.58-0.920.40.93-0.47-0.470.91-0.96-0.86-0.46-0.83-0.10.14-0.91-0.13-0.870.880.78-0.550.35-0.88-0.34-0.870.73-0.78
0.75-0.020.380.550.120.120.26-0.460.010.28-0.490.760.08-0.21-0.24-0.210.620.21-0.230.35-0.610.29-0.310.19-0.1
-0.580.7-0.36-0.980.410.41-0.760.930.630.40.92-0.16-0.170.80.190.63-0.84-0.640.48-0.88-0.610.070.9-0.580.79
-0.320.6-0.28-0.23-0.02-0.02-0.640.140.730.130.060.40.690.540.230.55-0.41-0.60.5-0.340.290.070.12-0.240.29
-0.340.79-0.25-0.910.590.59-0.750.90.70.610.870.17-0.210.830.050.61-0.72-0.620.36-0.87-0.310.90.12-0.590.89
0.36-0.670.770.63-0.34-0.330.63-0.68-0.62-0.33-0.78-0.060.25-0.63-0.07-0.860.580.85-0.530.730.19-0.58-0.24-0.59-0.51
-0.250.77-0.17-0.810.40.41-0.690.810.710.510.740.25-0.170.720.310.54-0.56-0.550.45-0.78-0.10.790.290.89-0.51
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Phunware Account Relationship Matchups

Phunware fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets29.1M31.8M99.3M56.8M6.7M6.4M
Total Current Liabilities19.8M26.5M30.3M25.6M16.5M15.7M
Total Stockholder Equity4.0M(2.0M)65.3M24.9M(11.5M)(10.9M)
Retained Earnings(123.6M)(145.8M)(199.3M)(250.2M)(303.0M)(287.9M)
Cash276K3.9M23.1M2.0M3.9M3.5M
Cash And Short Term Investments276K3.9M23.1M2.0M3.9M3.5M
Common Stock Total Equity287.04K6K10K9K8.6K
Total Liab25.0M33.8M34.0M31.9M18.2M20.9M
Total Current Assets2.3M4.9M60.0M16.9M5.0M4.7M
Other Current Liab5.2M11.0M13.8M7.9M1.1M1.0M
Other Liab4.1M3.4M2.6M3.2M2.9M3.8M
Net Tangible Assets(22.1M)(28.0M)28.8M(8.8M)(10.1M)(10.6M)
Net Debt829K4.5M(16.7M)11.8M2.7M2.8M
Accounts Payable10.2M8.5M6.6M6.8M7.8M6.5M
Non Current Assets Total26.7M26.9M39.3M39.9M1.8M1.7M
Other Assets603K904K1.6M2.4M2.7M1.8M
Net Receivables1.7M664K967K835K550K522.5K
Good Will25.8M25.9M25.9M33.3M31.1M0.0
Common Stock Shares Outstanding737.6K885.4K1.5M2.0M2.4M2.5M
Liabilities And Stockholders Equity29.1M31.8M99.3M56.8M6.7M6.4M
Non Current Liabilities Total5.2M7.4M3.7M6.3M1.7M1.6M
Other Current Assets368K398K33.3M11.3M477K453.2K
Other Stockholder Equity99.0M144.2M264.9M275.6M292.0M158.3M
Property Plant And Equipment Gross24K13K1.3M3.9M1.5M933.2K
Short Long Term Debt1.1M4.4M4.9M9.7M4.9M3.4M
Accumulated Other Comprehensive Income(418K)(382K)(338K)(352K)(472K)(438.9K)
Short Term Debt1.1M3.8M5.7M10.4M6.2M3.7M
Intangible Assets253K111K3.2M2.5M2.9M1.5M
Property Plant Equipment24K13K1.3M3.9M4.5M4.7M
Short Long Term Debt Total2.2M8.4M6.5M13.7M6.6M6.0M
Property Plant And Equipment Net24K13K1.3M3.9M1.5M1.1M
When determining whether Phunware offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Phunware's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Phunware Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Phunware Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Phunware. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
To learn how to invest in Phunware Stock, please use our How to Invest in Phunware guide.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Systems 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 Phunware. If investors know Phunware 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 Phunware listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(8.99)
Revenue Per Share
0.484
Quarterly Revenue Growth
(0.76)
Return On Assets
(0.22)
Return On Equity
(1.56)
The market value of Phunware is measured differently than its book value, which is the value of Phunware that is recorded on the company's balance sheet. Investors also form their own opinion of Phunware's value that differs from its market value or its book value, called intrinsic value, which is Phunware'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 Phunware's market value can be influenced by many factors that don't directly affect Phunware'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 Phunware's value and its price as these two are different measures arrived at by different means. Investors typically determine if Phunware is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Phunware'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.