Rigetti Historical Income Statement
RGTI Stock | USD 1.74 0.26 17.57% |
Historical analysis of Rigetti Computing income statement accounts such as Total Revenue of 9.6 M, Gross Profit of 5.2 M, Other Operating Expenses of 75.1 M or Research Development of 42.5 M can show how well Rigetti Computing performed in making a profits. Evaluating Rigetti Computing income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Rigetti Computing's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Rigetti Computing 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 Rigetti Computing is a good buy for the upcoming year.
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About Rigetti Income Statement Analysis
Rigetti Computing 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 Rigetti Computing shareholders. The income statement also shows Rigetti 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).
Rigetti Computing Income Statement Chart
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Gross Profit
Gross profit is a required income statement account that reflects total revenue of Rigetti Computing minus its cost of goods sold. It is profit before Rigetti Computing 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 Rigetti Computing's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Rigetti Computing 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 Rigetti Computing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Rigetti Stock please use our How to Invest in Rigetti Computing guide.As of now, Rigetti Computing's Cost Of Revenue is increasing as compared to previous years. The Rigetti Computing's current Income Tax Expense is estimated to increase to about 9.4 M, while Net Interest Income is projected to decrease to (738.1 K).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.9M | 10.2M | 9.2M | 5.2M | Total Revenue | 8.2M | 13.1M | 12.0M | 9.6M |
Rigetti Computing income statement Correlations
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Rigetti Computing Account Relationship Matchups
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Rigetti Computing income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 4.3M | 4.3M | 4.7M | 7.6M | 9.1M | 5.9M | |
Ebit | (47.7M) | (39.4M) | (35.8M) | (66.2M) | (69.3M) | (72.8M) | |
Ebitda | (43.4M) | (35.1M) | (31.1M) | (58.7M) | (60.2M) | (63.2M) |
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When determining whether Rigetti Computing offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rigetti Computing'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 Rigetti Computing Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rigetti Computing Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rigetti Computing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Rigetti Stock please use our How to Invest in Rigetti Computing guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Electronic Equipment, Instruments & Components 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 Rigetti Computing. If investors know Rigetti 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 Rigetti Computing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.37) | Revenue Per Share 0.073 | Quarterly Revenue Growth (0.23) | Return On Assets (0.26) | Return On Equity (0.51) |
The market value of Rigetti Computing is measured differently than its book value, which is the value of Rigetti that is recorded on the company's balance sheet. Investors also form their own opinion of Rigetti Computing's value that differs from its market value or its book value, called intrinsic value, which is Rigetti Computing'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 Rigetti Computing's market value can be influenced by many factors that don't directly affect Rigetti Computing'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 Rigetti Computing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rigetti Computing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rigetti Computing'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.