Summit Historical Income Statement

SMMT Stock  USD 19.00  0.58  3.15%   
Historical analysis of Summit Therapeutics income statement accounts such as Other Operating Expenses of 94.2 M, Research Development of 62.4 M, EBITDA of 1.1 M or Cost Of Revenue of 1.9 M can show how well Summit Therapeutics PLC performed in making a profits. Evaluating Summit Therapeutics income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Summit Therapeutics's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Summit Therapeutics PLC 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 Summit Therapeutics PLC 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 Summit Therapeutics PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

About Summit Income Statement Analysis

Summit Therapeutics PLC 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 Summit Therapeutics shareholders. The income statement also shows Summit 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).

Summit Therapeutics Income Statement Chart

At this time, Summit Therapeutics' Interest Expense is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 31.8 M in 2024, despite the fact that Gross Profit is likely to grow to (1.9 M).

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Summit Therapeutics PLC. It is also known as Summit Therapeutics 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.
Most accounts from Summit Therapeutics' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Summit Therapeutics PLC 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 Summit Therapeutics PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At this time, Summit Therapeutics' Interest Expense is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 31.8 M in 2024, despite the fact that Gross Profit is likely to grow to (1.9 M).
 2021 2022 2023 2024 (projected)
Interest Expense281K4.4M16.5M17.3M
Depreciation And Amortization2.5M2.5M2.1M1.5M

Summit Therapeutics income statement Correlations

0.250.670.290.270.66-0.43-0.330.66-0.28-0.230.62-0.22-0.17-0.22-0.33-0.06-0.050.420.130.190.44
0.250.73-0.23-0.270.68-0.670.190.450.21-0.120.63-0.98-0.98-0.980.2-0.29-0.790.52-0.780.990.43
0.670.73-0.02-0.050.97-0.83-0.310.9-0.28-0.170.86-0.73-0.67-0.73-0.14-0.24-0.540.81-0.470.70.81
0.29-0.23-0.021.00.030.540.440.160.46-0.11-0.240.290.220.29-0.450.370.290.020.66-0.240.08
0.27-0.27-0.051.00.00.570.430.140.45-0.1-0.260.320.250.32-0.450.380.31-0.010.69-0.270.05
0.660.680.970.030.0-0.82-0.340.95-0.31-0.120.84-0.71-0.65-0.71-0.18-0.19-0.560.82-0.40.660.81
-0.43-0.67-0.830.540.57-0.820.58-0.710.570.02-0.860.720.630.72-0.070.350.6-0.650.68-0.65-0.63
-0.330.19-0.310.440.43-0.340.58-0.441.0-0.12-0.48-0.13-0.25-0.130.240.12-0.07-0.250.040.22-0.31
0.660.450.90.160.140.95-0.71-0.44-0.41-0.120.76-0.49-0.43-0.49-0.21-0.16-0.370.84-0.170.430.87
-0.280.21-0.280.460.45-0.310.571.0-0.41-0.14-0.45-0.15-0.27-0.150.220.12-0.07-0.230.050.24-0.29
-0.23-0.12-0.17-0.11-0.1-0.120.02-0.12-0.12-0.14-0.060.10.110.1-0.290.18-0.49-0.240.02-0.11-0.24
0.620.630.86-0.24-0.260.84-0.86-0.480.76-0.45-0.06-0.65-0.58-0.65-0.04-0.25-0.510.51-0.380.60.53
-0.22-0.98-0.730.290.32-0.710.72-0.13-0.49-0.150.1-0.650.991.0-0.260.30.82-0.550.78-0.99-0.46
-0.17-0.98-0.670.220.25-0.650.63-0.25-0.43-0.270.11-0.580.990.99-0.290.280.81-0.50.75-1.0-0.41
-0.22-0.98-0.730.290.32-0.710.72-0.13-0.49-0.150.1-0.651.00.99-0.270.30.82-0.550.78-0.99-0.46
-0.330.2-0.14-0.45-0.45-0.18-0.070.24-0.210.22-0.29-0.04-0.26-0.29-0.27-0.42-0.060.06-0.310.260.0
-0.06-0.29-0.240.370.38-0.190.350.12-0.160.120.18-0.250.30.280.3-0.420.16-0.320.37-0.3-0.3
-0.05-0.79-0.540.290.31-0.560.6-0.07-0.37-0.07-0.49-0.510.820.810.82-0.060.16-0.370.67-0.8-0.28
0.420.520.810.02-0.010.82-0.65-0.250.84-0.23-0.240.51-0.55-0.5-0.550.06-0.32-0.37-0.450.520.98
0.13-0.78-0.470.660.69-0.40.680.04-0.170.050.02-0.380.780.750.78-0.310.370.67-0.45-0.78-0.37
0.190.990.7-0.24-0.270.66-0.650.220.430.24-0.110.6-0.99-1.0-0.990.26-0.3-0.80.52-0.780.43
0.440.430.810.080.050.81-0.63-0.310.87-0.29-0.240.53-0.46-0.41-0.460.0-0.3-0.280.98-0.370.43
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Summit Therapeutics Account Relationship Matchups

Summit Therapeutics income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization524K2.0M2.5M2.5M2.1M1.5M
Interest Expense41.8K255K281K4.4M16.5M17.3M
Selling General Administrative9.3M19.2M23.6M26.7M30.3M31.8M
Total Revenue56.4M43.0M860K1.8M704.3K0.0
Gross Profit43.0M860K1.8M(1.8M)(2.1M)(1.9M)
Other Operating Expenses39.2M53.2M88.0M64.3M89.7M94.2M
Operating Income15.2M(53.2M)(86.2M)(72.1M)(89.7M)(85.2M)
Ebit15.2M(39.1M)(86.2M)(55.1M)(1.0M)(1.1M)
Research Development39.2M53.3M85.4M52.0M59.5M62.4M
Ebitda15.7M(37.1M)(83.7M)(52.6M)1.0M1.1M
Cost Of Revenue97.7K24.9K199.5K2.5M2.1M1.9M
Total Operating Expenses(39.2M)53.2M88.0M64.3M87.7M92.1M
Income Before Tax5.0M(52.9M)(88.6M)(78.8M)(615.9M)(585.1M)
Total Other Income Expense Net(10.2M)(14.0M)(2.4M)(19.1M)(526.1M)(499.8M)
Net Income5.0M(52.7M)(86.1M)(74.4M)(614.9M)(584.2M)
Income Tax Expense(3.8M)(213K)(2.5M)(4.4M)(946K)(993.3K)
Net Income Applicable To Common Shares(24.0M)(52.7M)(88.6M)(78.8M)(70.9M)(67.4M)
Tax Provision(5.3M)(3.3M)(213K)(21K)(24.2K)(25.4K)

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Additional Tools for Summit Stock Analysis

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