Sitime Historical Income Statement

SITM Stock  USD 211.08  0.58  0.28%   
Historical analysis of Sitime income statement accounts such as Interest Expense of 23 M, Selling General Administrative of 43.9 M, Selling And Marketing Expenses of 1.5 M or Total Revenue of 162.3 M can show how well Sitime performed in making a profits. Evaluating Sitime income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Sitime's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Sitime 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 Sitime is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sitime. 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.
To learn how to invest in Sitime Stock, please use our How to Invest in Sitime guide.

About Sitime Income Statement Analysis

Sitime 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 Sitime shareholders. The income statement also shows Sitime 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).

Sitime Income Statement Chart

At this time, Sitime's Cost Of Revenue is very stable compared to the past year. As of the 25th of November 2024, Total Other Income Expense Net is likely to grow to about 28.2 M, while Selling General Administrative is likely to drop about 43.9 M.

Total Revenue

Total revenue comprises all receipts Sitime 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 Sitime minus its cost of goods sold. It is profit before Sitime 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 Sitime's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Sitime 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sitime. 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.
To learn how to invest in Sitime Stock, please use our How to Invest in Sitime guide.At this time, Sitime's Cost Of Revenue is very stable compared to the past year. As of the 25th of November 2024, Total Other Income Expense Net is likely to grow to about 28.2 M, while Selling General Administrative is likely to drop about 43.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit139.5M183.0M82.1M92.1M
Total Revenue218.8M283.6M144.0M162.3M

Sitime income statement Correlations

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0.930.720.670.880.87-0.810.80.80.97-0.54-0.34-0.470.97-0.410.770.980.92-0.390.67-0.390.89-0.91
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0.870.750.740.850.860.92-0.770.60.610.87-0.67-0.52-0.620.92-0.560.570.91-0.560.72-0.560.87-0.8
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-0.51-0.86-0.89-0.5-0.64-0.390.360.090.1-0.310.981.00.99-0.421.00.08-0.41-0.561.0-0.88-0.650.31
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-0.96-0.73-0.67-0.81-0.89-0.910.68-0.88-0.88-0.930.480.240.4-0.90.33-0.85-0.91-0.80.31-0.680.31-0.92
Click cells to compare fundamentals

Sitime Account Relationship Matchups

Sitime income statement Accounts

201920202021202220232024 (projected)
Tax Provision(8K)1K78K82K101K106.1K
Net Interest Income(1.7M)(726K)803K7.3M23.6M24.8M
Interest Income1.5M1.7M0.07.3M23.6M24.8M
Depreciation And Amortization(28K)6.4M7.9M11.8M16.1M8.4M
Interest Expense1.7M726K7.4M19.0M21.9M23.0M
Selling General Administrative20.3M34.6M53.0M74.2M82.4M43.9M
Total Revenue84.1M116.2M218.8M283.6M144.0M162.3M
Gross Profit39.6M57.9M139.5M183.0M82.1M92.1M
Other Operating Expenses88.9M124.8M186.0M267.5M243.5M172.7M
Operating Income(4.9M)(8.6M)24.9M4.3M(107.2M)(101.8M)
Net Income From Continuing Ops(6.6M)(9.4M)32.3M23.3M(62.1M)(59.0M)
Ebit(4.9M)(8.6M)32.8M16.1M(103.4M)(98.2M)
Research Development23.8M31.7M52.1M90.3M97.6M53.3M
Ebitda(4.9M)(2.2M)40.8M28.0M(87.2M)(82.9M)
Cost Of Revenue44.5M58.2M79.3M100.6M61.9M70.2M
Total Operating Expenses44.4M66.5M106.6M166.8M181.6M102.5M
Reconciled Depreciation8.3M6.4M7.9M11.8M15.1M9.5M
Income Before Tax(6.6M)(9.4M)32.4M23.3M(80.4M)(76.4M)
Total Other Income Expense Net(1.7M)(758K)(488K)7.2M26.8M28.2M
Net Income Applicable To Common Shares(6.6M)(9.4M)32.3M23.3M26.7M28.1M
Net Income(6.6M)(9.4M)32.3M23.3M(80.5M)(76.5M)
Income Tax Expense(8K)1K78K82K152K159.6K

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When determining whether Sitime is a strong investment it is important to analyze Sitime's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sitime's future performance. For an informed investment choice regarding Sitime Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sitime. 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.
To learn how to invest in Sitime Stock, please use our How to Invest in Sitime guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Semiconductors & Semiconductor Equipment 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 Sitime. If investors know Sitime 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 Sitime listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.61)
Earnings Share
(4.14)
Revenue Per Share
7.732
Quarterly Revenue Growth
0.624
Return On Assets
(0.08)
The market value of Sitime is measured differently than its book value, which is the value of Sitime that is recorded on the company's balance sheet. Investors also form their own opinion of Sitime's value that differs from its market value or its book value, called intrinsic value, which is Sitime'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 Sitime's market value can be influenced by many factors that don't directly affect Sitime'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 Sitime's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sitime is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sitime'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.