Rush Historical Income Statement
| RSI Stock | USD 13.32 0.16 1.19% |
Historical analysis of Rush Street income statement accounts such as Gross Profit of 125.7 M, Cost Of Revenue of 265.2 M, Minority Interest of 63.1 M or Tax Provision of 6 M can show how well Rush Street Interactive performed in making a profits. Evaluating Rush Street income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Rush Street's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Rush Street Interactive 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 Rush Street Interactive is a good buy for the upcoming year.
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About Rush Income Statement Analysis
Rush Street Interactive 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 Rush Street shareholders. The income statement also shows Rush 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).
Rush Street Income Statement Chart
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Gross Profit
Gross profit is a required income statement account that reflects total revenue of Rush Street Interactive minus its cost of goods sold. It is profit before Rush Street 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 Rush Street Interactive income statement and represents the costs associated with goods and services Rush Street 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.Net Income Applicable To Common Shares
The net income that remains after preferred dividends have been deducted, available to common shareholders.Most accounts from Rush Street's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Rush Street Interactive 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 Rush Street Interactive. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. As of now, Rush Street's Net Interest Income is increasing as compared to previous years. The Rush Street's current Depreciation And Amortization is estimated to increase to about 31.2 M, while Selling General Administrative is projected to decrease to under 75.9 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 156.0M | 177.5M | 226.1M | 125.7M | Total Revenue | 488.1M | 592.2M | 691.2M | 390.8M |
Rush Street income statement Correlations
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Rush Street Account Relationship Matchups
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Rush Street income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Income | 123K | 135K | 187K | 573K | 659.0K | 691.9K | |
| Interest Expense | 123K | 135K | 187K | 573K | 2.8M | 2.9M | |
| Selling General Administrative | 23.6M | 162.4M | 55.5M | 67.6M | 87.3M | 75.9M | |
| Total Revenue | 63.7M | 278.5M | 488.1M | 592.2M | 691.2M | 390.8M | |
| Gross Profit | 30.8M | 87.6M | 156.0M | 177.5M | 226.1M | 125.7M | |
| Operating Income | (22.3M) | (133.4M) | (94.3M) | (124.8M) | (51.6M) | (54.2M) | |
| Ebit | (22.3M) | (128.6M) | (94.6M) | (124.8M) | (51.6M) | (54.2M) | |
| Cost Of Revenue | 32.9M | 190.9M | 332.1M | 414.7M | 465.0M | 265.2M | |
| Income Before Tax | (22.5M) | (135.9M) | (66.4M) | (125.4M) | (48.8M) | (51.3M) | |
| Net Income Applicable To Common Shares | (22.5M) | 1.1M | (19.5M) | (38.6M) | (34.8M) | (33.0M) | |
| Net Income | (23.6M) | (138.8M) | (71.1M) | (134.3M) | (18.3M) | (19.2M) |
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When determining whether Rush Street Interactive offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rush Street'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 Rush Street Interactive Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rush Street Interactive Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rush Street Interactive. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Hotels, Restaurants & Leisure 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 Rush Street. If investors know Rush 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 Rush Street listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.02) | Revenue Per Share 11.124 | Quarterly Revenue Growth 0.888 | Return On Assets 0.016 | Return On Equity (0.03) |
The market value of Rush Street Interactive is measured differently than its book value, which is the value of Rush that is recorded on the company's balance sheet. Investors also form their own opinion of Rush Street's value that differs from its market value or its book value, called intrinsic value, which is Rush Street'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 Rush Street's market value can be influenced by many factors that don't directly affect Rush Street'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 Rush Street's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rush Street is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rush Street'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.