Purple Historical Income Statement
| PRPL Stock | USD 0.88 0.03 3.53% |
Historical analysis of Purple Innovation income statement accounts such as Research Development of 12.5 M, Cost Of Revenue of 225.9 M, Total Operating Expenses of 157.9 M or Income Tax Expense of 7.6 K can show how well Purple Innovation performed in making a profits. Evaluating Purple Innovation income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Purple Innovation's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Purple Innovation 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 Purple Innovation is a good buy for the upcoming year.
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About Purple Income Statement Analysis
Purple Innovation 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 Purple Innovation shareholders. The income statement also shows Purple 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).
Purple Innovation Income Statement Chart
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Gross Profit
Gross profit is a required income statement account that reflects total revenue of Purple Innovation minus its cost of goods sold. It is profit before Purple Innovation 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 Purple Innovation income statement and represents the costs associated with goods and services Purple Innovation 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.Most accounts from Purple Innovation's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Purple Innovation 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 Purple Innovation. 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 Purple Stock please use our How to buy in Purple Stock guide.At this time, Purple Innovation's Depreciation And Amortization is quite stable compared to the past year. Tax Provision is expected to rise to about 231.1 M this year, although the value of Gross Profit will most likely fall to about 153.3 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 431.3M | 365.1M | 338.7M | 225.9M | Research Development | 6.9M | 8.8M | 11.9M | 12.5M |
Purple Innovation income statement Correlations
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Purple Innovation Account Relationship Matchups
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Purple Innovation income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 5.2M | 4.7M | 1.9M | 3.5M | 2.0M | 2.3M | |
| Selling General Administrative | 26.9M | 39.9M | 72.1M | 76.7M | 84.4M | 88.7M | |
| Total Revenue | 428.4M | 648.5M | 726.2M | 575.7M | 510.5M | 372.0M | |
| Gross Profit | 189.0M | 305.1M | 295.0M | 210.6M | 171.8M | 153.3M | |
| Operating Income | 16.2M | 37.0M | (19.3M) | 122.1M | (113.7M) | (108.0M) | |
| Net Income From Continuing Ops | (12.4M) | 10.9M | 3.9M | (89.9M) | (171.8M) | (163.2M) | |
| Ebit | 16.2M | (268.9M) | 4.5M | 122.1M | (119.2M) | (113.3M) | |
| Research Development | 3.9M | 6.0M | 6.9M | 8.8M | 11.9M | 12.5M | |
| Cost Of Revenue | 239.4M | 343.4M | 431.3M | 365.1M | 338.7M | 225.9M | |
| Total Operating Expenses | 172.8M | 268.0M | 314.3M | 250.8M | 285.5M | 157.9M | |
| Income Before Tax | (12.0M) | (32.9M) | 2.7M | 122.9M | (121.2M) | (115.1M) | |
| Total Other Income Expense Net | (28.2M) | (344.8M) | 27.2M | 163.2M | (7.5M) | (7.9M) | |
| Net Income Applicable To Common Shares | (4.0M) | 3.8M | 4.0M | (89.7M) | (80.7M) | (76.7M) | |
| Net Income | (12.4M) | 10.9M | 3.1M | (89.9M) | (120.8M) | (114.7M) | |
| Income Tax Expense | 400K | (43.7M) | (1.2M) | 212.9M | 8K | 7.6K | |
| Minority Interest | (2.4M) | 7.1M | (160K) | (238K) | 451K | 473.6K | |
| Net Interest Income | (5.2M) | (4.7M) | (1.9M) | (3.5M) | (2.2M) | (2.3M) | |
| Depreciation And Amortization | 4.4M | 11.0M | 14.4M | 17.5M | 25.1M | 26.4M | |
| Other Operating Expenses | 412.1M | 611.4M | 745.6M | 616.0M | 624.3M | 456.1M | |
| Ebitda | 20.6M | (257.8M) | 18.9M | 139.6M | (94.1M) | (89.4M) | |
| Selling And Marketing Expenses | 142.0M | 188.0M | 239.3M | 165.4M | 182.3M | 172.8M | |
| Reconciled Depreciation | 4.3M | 7.9M | 9.5M | 17.5M | 24.2M | 25.5M |
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Is Household Appliances 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 Purple Innovation. If investors know Purple 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 Purple Innovation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.60) | Earnings Share (1.02) | Revenue Per Share 4.734 | Quarterly Revenue Growth (0.15) | Return On Assets (0.12) |
The market value of Purple Innovation is measured differently than its book value, which is the value of Purple that is recorded on the company's balance sheet. Investors also form their own opinion of Purple Innovation's value that differs from its market value or its book value, called intrinsic value, which is Purple Innovation'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 Purple Innovation's market value can be influenced by many factors that don't directly affect Purple Innovation'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 Purple Innovation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Purple Innovation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Purple Innovation'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.