Red Historical Income Statement

RDVT Stock  USD 36.53  1.52  4.34%   
Historical analysis of Red Violet income statement accounts such as Gross Profit of 49.5 M, Other Operating Expenses of 37.9 M, Preferred Stock And Other Adjustments of 0.0 or Operating Income of 2.6 M can show how well Red Violet performed in making a profits. Evaluating Red Violet income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Red Violet's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Red Violet 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 Red Violet 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 Red Violet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Red Stock please use our How to Invest in Red Violet guide.

About Red Income Statement Analysis

Red Violet 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 Red Violet shareholders. The income statement also shows Red 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).

Red Violet Income Statement Chart

At this time, Red Violet's Total Other Income Expense Net is comparatively stable compared to the past year. Net Income Applicable To Common Shares is likely to gain to about 743.8 K in 2024, whereas Total Revenue is likely to drop slightly above 31.3 M in 2024.

Total Revenue

Total revenue comprises all receipts Red Violet 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 Red Violet minus its cost of goods sold. It is profit before Red Violet 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 Red Violet income statement and represents the costs associated with goods and services Red Violet 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 Red Violet's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Red Violet 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 Red Violet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Red Stock please use our How to Invest in Red Violet guide.At this time, Red Violet's Total Other Income Expense Net is comparatively stable compared to the past year. Net Income Applicable To Common Shares is likely to gain to about 743.8 K in 2024, whereas Total Revenue is likely to drop slightly above 31.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit32.8M41.1M47.1M49.5M
Total Revenue44.0M53.3M60.2M31.3M

Red Violet income statement Correlations

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-0.450.890.840.540.590.340.830.960.590.710.59-0.470.880.90.540.860.5-0.62
-0.520.890.920.770.760.60.920.980.790.760.76-0.520.990.990.760.980.55-0.72
-0.720.840.920.880.910.750.840.910.890.770.91-0.720.940.930.890.950.76-0.79
-0.670.540.770.880.960.930.580.670.980.590.96-0.670.80.760.970.840.71-0.76
-0.830.590.760.910.960.920.60.70.960.691.0-0.820.80.780.970.840.84-0.75
-0.710.340.60.750.930.920.410.490.910.450.92-0.710.640.60.970.70.7-0.67
-0.440.830.920.840.580.60.410.920.610.780.6-0.430.880.920.590.850.45-0.54
-0.530.960.980.910.670.70.490.920.70.760.7-0.540.970.980.670.960.57-0.69
-0.640.590.790.890.980.960.910.610.70.710.96-0.640.820.770.960.850.67-0.77
-0.470.710.760.770.590.690.450.780.760.710.69-0.460.760.770.60.730.46-0.57
-0.830.590.760.910.961.00.920.60.70.960.69-0.820.80.780.970.840.84-0.75
1.0-0.47-0.52-0.72-0.67-0.82-0.71-0.43-0.54-0.64-0.46-0.82-0.56-0.62-0.76-0.63-0.980.53
-0.560.880.990.940.80.80.640.880.970.820.760.8-0.560.980.790.990.59-0.79
-0.620.90.990.930.760.780.60.920.980.770.770.78-0.620.980.760.980.64-0.71
-0.760.540.760.890.970.970.970.590.670.960.60.97-0.760.790.760.830.77-0.77
-0.630.860.980.950.840.840.70.850.960.850.730.84-0.630.990.980.830.66-0.79
-0.980.50.550.760.710.840.70.450.570.670.460.84-0.980.590.640.770.66-0.54
0.53-0.62-0.72-0.79-0.76-0.75-0.67-0.54-0.69-0.77-0.57-0.750.53-0.79-0.71-0.77-0.79-0.54
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Red Violet Account Relationship Matchups

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Additional Tools for Red Stock Analysis

When running Red Violet's price analysis, check to measure Red Violet'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 Red Violet is operating at the current time. Most of Red Violet's value examination focuses on studying past and present price action to predict the probability of Red Violet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Red Violet's price. Additionally, you may evaluate how the addition of Red Violet to your portfolios can decrease your overall portfolio volatility.