Platinum Historical Income Statement

PTM Stock   1.06  0.01  0.95%   
Historical analysis of Platinum Asset income statement accounts such as Income Tax Expense of 52.1 M, Depreciation And Amortization of 3.3 M, Selling General Administrative of 82.6 M or Selling And Marketing Expenses of 67.4 M can show how well Platinum Asset Management performed in making a profits. Evaluating Platinum Asset income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Platinum Asset's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Platinum Asset Management 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 Platinum Asset Management 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 Platinum Asset Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Platinum Income Statement Analysis

Platinum Asset Management 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 Platinum Asset shareholders. The income statement also shows Platinum 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).

Platinum Asset Income Statement Chart

At this time, Platinum Asset's Net Income Applicable To Common Shares is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 82.6 M in 2024, despite the fact that Minority Interest is likely to grow to (748.4 K).

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Total Revenue

Total revenue comprises all receipts Platinum Asset Management 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.

Operating Income

Operating Income is the amount of profit realized from Platinum Asset Management 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 Platinum Asset Management 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.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Platinum Asset income statement and is an important metric when analyzing Platinum Asset Management 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.
Most accounts from Platinum Asset's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Platinum Asset Management 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 Platinum Asset Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Platinum Asset's Net Income Applicable To Common Shares is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 82.6 M in 2024, despite the fact that Minority Interest is likely to grow to (748.4 K).
 2021 2022 2023 2024 (projected)
Operating Income164.9M114.6M74.2M70.5M
Total Revenue256.9M211.1M185.1M299.0M

Platinum Asset income statement Correlations

0.750.740.870.38-0.25-0.36-0.20.69-0.050.620.62-0.27-0.10.67-0.250.10.430.380.07-0.18-0.33
0.751.00.910.6-0.63-0.75-0.70.85-0.350.960.96-0.4-0.220.97-0.58-0.330.870.73-0.16-0.47-0.6
0.741.00.910.58-0.62-0.76-0.710.86-0.360.960.96-0.39-0.230.98-0.58-0.360.880.73-0.18-0.5-0.58
0.870.910.910.51-0.47-0.55-0.490.85-0.410.860.86-0.42-0.250.9-0.55-0.160.770.71-0.09-0.36-0.49
0.380.60.580.51-0.68-0.32-0.380.54-0.390.590.59-0.50.090.58-0.640.030.640.610.230.02-0.7
-0.25-0.63-0.62-0.47-0.680.430.52-0.470.65-0.68-0.670.66-0.28-0.620.810.1-0.76-0.770.17-0.040.97
-0.36-0.75-0.76-0.55-0.320.430.95-0.70.17-0.75-0.75-0.140.46-0.760.430.81-0.73-0.520.370.790.33
-0.2-0.7-0.71-0.49-0.380.520.95-0.680.37-0.74-0.74-0.090.39-0.740.580.85-0.81-0.630.40.770.42
0.690.850.860.850.54-0.47-0.7-0.68-0.450.90.9-0.17-0.340.89-0.6-0.420.770.7-0.19-0.53-0.47
-0.05-0.35-0.36-0.41-0.390.650.170.37-0.45-0.5-0.50.54-0.11-0.440.90.19-0.67-0.860.150.030.62
0.620.960.960.860.59-0.68-0.75-0.740.9-0.51.0-0.43-0.250.98-0.67-0.40.920.8-0.24-0.49-0.63
0.620.960.960.860.59-0.67-0.75-0.740.9-0.51.0-0.42-0.260.98-0.67-0.40.920.8-0.24-0.49-0.62
-0.27-0.4-0.39-0.42-0.50.66-0.14-0.09-0.170.54-0.43-0.42-0.35-0.390.52-0.48-0.47-0.57-0.14-0.40.67
-0.1-0.22-0.23-0.250.09-0.280.460.39-0.34-0.11-0.25-0.26-0.35-0.33-0.080.49-0.21-0.10.270.68-0.33
0.670.970.980.90.58-0.62-0.76-0.740.89-0.440.980.98-0.39-0.33-0.62-0.40.920.78-0.23-0.52-0.57
-0.25-0.58-0.58-0.55-0.640.810.430.58-0.60.9-0.67-0.670.52-0.08-0.620.28-0.83-0.950.180.180.79
0.1-0.33-0.36-0.160.030.10.810.85-0.420.19-0.4-0.4-0.480.49-0.40.28-0.47-0.310.430.81-0.04
0.430.870.880.770.64-0.76-0.73-0.810.77-0.670.920.92-0.47-0.210.92-0.83-0.470.93-0.26-0.49-0.69
0.380.730.730.710.61-0.77-0.52-0.630.7-0.860.80.8-0.57-0.10.78-0.95-0.310.93-0.24-0.3-0.73
0.07-0.16-0.18-0.090.230.170.370.4-0.190.15-0.24-0.24-0.140.27-0.230.180.43-0.26-0.240.450.09
-0.18-0.47-0.5-0.360.02-0.040.790.77-0.530.03-0.49-0.49-0.40.68-0.520.180.81-0.49-0.30.45-0.14
-0.33-0.6-0.58-0.49-0.70.970.330.42-0.470.62-0.63-0.620.67-0.33-0.570.79-0.04-0.69-0.730.09-0.14
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Platinum Asset Account Relationship Matchups

Platinum Asset income statement Accounts

201920202021202220232024 (projected)
Interest Expense239K197K152K104K433K575.5K
Total Revenue290.0M272.5M256.9M211.1M185.1M299.0M
Operating Income213.6M203.4M164.9M114.6M74.2M70.5M
Income Before Tax213.3M203.2M164.7M114.5M73.1M69.5M
Income Tax Expense65.2M71.0M45.2M35.9M28.0M52.1M
Depreciation And Amortization3.8M3.2M2.8M2.7M3.1M3.3M
Selling General Administrative4.0M3.8M4.7M4.5M78.6M82.6M
Selling And Marketing Expenses6.6M6.0M7.0M7.8M64.2M67.4M
Gross Profit274.9M259.7M245.0M202.6M106.5M202.2M
Other Operating Expenses76.7M69.1M92.1M96.5M100.5M64.5M
Ebit213.6M203.4M164.9M114.6M74.2M70.5M
Ebitda217.4M206.6M167.7M117.4M77.3M73.4M
Total Operating Expenses61.4M56.3M80.1M88.0M21.9M41.9M
Total Other Income Expense Net(22.6M)(46.2M)(13.5M)(12.0M)(1.0M)(1.1M)
Net Income Applicable To Common Shares155.6M163.3M101.5M80.9M72.8M123.4M
Net Income155.6M163.3M101.5M80.9M45.0M42.8M
Research Development5.3M5.2M5.6M6.5M7.5M5.2M
Cost Of Revenue15.1M12.8M12.0M8.5M78.6M82.6M
Net Income From Continuing Ops155.6M163.3M101.5M80.9M45.1M42.9M
Tax Provision65.2M71.0M45.2M35.9M28.0M50.8M
Interest Income8.4M541K498K6.2M9.4M9.9M
Net Interest Income(239K)344K346K5.1M9.0M9.4M
Reconciled Depreciation3.8M3.2M2.8M2.7M3.1M2.5M

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