Rio2 Historical Income Statement
| RIO Stock | CAD 0.64 0.02 3.03% |
Historical analysis of Rio2 income statement accounts such as Cost Of Revenue of 3.2 M, Total Operating Expenses of 8 M, Income Tax Expense of 20.7 K or Selling General Administrative of 3 M can show how well Rio2 performed in making a profits. Evaluating Rio2 income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Rio2's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Rio2 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 Rio2 is a good buy for the upcoming year.
Rio2 |
About Rio2 Income Statement Analysis
Rio2 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 Rio2 shareholders. The income statement also shows Rio2 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).
Rio2 Income Statement Chart
Add Fundamental
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Rio2. It is also known as Rio2 overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Most accounts from Rio2's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Rio2 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 Rio2. 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, Rio2's Depreciation And Amortization is fairly stable compared to the past year. Other Operating Expenses is likely to climb to about 11.3 M in 2024, despite the fact that Gross Profit is likely to grow to (2.9 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 293.1K | 2.5M | 2.6M | 2.7M | Interest Income | 15.3K | 53.7K | 188.2K | 197.6K |
Rio2 income statement Correlations
Click cells to compare fundamentals
Rio2 Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Rio2 income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 51.0K | 100.3K | 724.5K | 3.9M | 3.1M | 3.2M | |
| Gross Profit | (39.1K) | (78.6K) | (76.2K) | (2.3M) | (3.1M) | (2.9M) | |
| Other Operating Expenses | 7.1M | 8.5M | 11.9M | 13.9M | 10.7M | 11.3M | |
| Operating Income | (6.2M) | (7.4M) | (13.3M) | (13.7M) | (10.7M) | (10.2M) | |
| Ebit | (6.2M) | (7.5M) | (13.7M) | (15.1M) | (10.7M) | (10.2M) | |
| Ebitda | (6.1M) | (7.4M) | (13.0M) | (11.2M) | (7.6M) | (7.3M) | |
| Cost Of Revenue | 39.1K | 78.6K | 76.2K | 2.3M | 3.1M | 3.2M | |
| Total Operating Expenses | 7.1M | 8.4M | 11.8M | 11.6M | 7.6M | 8.0M | |
| Net Income | (8.0M) | (9.4M) | (10.5M) | (2.3M) | (16.7M) | (15.8M) | |
| Income Tax Expense | 848.5K | 933.8K | 16.1K | 33.0K | 21.8K | 20.7K | |
| Income Before Tax | (8.0M) | (9.4M) | (10.5M) | (2.3M) | (16.7M) | (15.8M) | |
| Total Other Income Expense Net | (943.1K) | (1.0M) | 1.4M | 13.8M | (5.9M) | (5.6M) | |
| Selling General Administrative | 6.4M | 7.7M | 11.2M | 10.8M | 5.3M | 3.0M | |
| Net Income From Continuing Ops | (10.4M) | (12.0M) | (10.5M) | (2.3M) | (6.4M) | (6.1M) | |
| Net Income Applicable To Common Shares | (10.4M) | (8.9M) | (10.5M) | (2.3M) | (2.1M) | (2.2M) | |
| Net Interest Income | 123.6K | 115.6K | 15.3K | (2.1M) | (2.8M) | (2.7M) | |
| Interest Income | 123.6K | 115.6K | 15.3K | 53.7K | 188.2K | 197.6K | |
| Reconciled Depreciation | 51.0K | 100.3K | 293.1K | 2.5M | 2.6M | 2.7M |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Rio2 Stock Analysis
When running Rio2's price analysis, check to measure Rio2'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 Rio2 is operating at the current time. Most of Rio2's value examination focuses on studying past and present price action to predict the probability of Rio2's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rio2's price. Additionally, you may evaluate how the addition of Rio2 to your portfolios can decrease your overall portfolio volatility.