Smith Historical Income Statement
| SMSI Stock | USD 0.86 0.03 3.61% |
Historical analysis of Smith Micro income statement accounts such as Other Operating Expenses of 47.8 M, Cost Of Revenue of 9 M, Total Operating Expenses of 38.5 M or Income Tax Expense of 150.1 K can show how well Smith Micro Software performed in making a profits. Evaluating Smith Micro income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Smith Micro's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Smith Micro Software 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 Smith Micro Software is a good buy for the upcoming year.
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About Smith Income Statement Analysis
Smith Micro Software 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 Smith Micro shareholders. The income statement also shows Smith 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).
Smith Micro Income Statement Chart
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Gross Profit
Gross profit is a required income statement account that reflects total revenue of Smith Micro Software minus its cost of goods sold. It is profit before Smith Micro 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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Smith Micro Software. It is also known as Smith Micro 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.Cost Of Revenue
Cost of Revenue is found on Smith Micro Software income statement and represents the costs associated with goods and services Smith Micro 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.Most accounts from Smith Micro's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Smith Micro Software 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 Smith Micro Software. 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, Smith Micro's Gross Profit is increasing as compared to previous years. The Smith Micro's current Selling General Administrative is estimated to increase to about 15.6 M, while Other Operating Expenses is projected to decrease to under 47.8 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 45.7M | 34.3M | 30.3M | 33.5M | Total Revenue | 58.4M | 48.5M | 40.9M | 42.5M |
Smith Micro income statement Correlations
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Smith Micro income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 171.9K | 4.7M | 10.5M | 8.7M | 7.4M | 7.8M | |
| Interest Expense | 228K | 1.5M | 25.6M | 2.7M | 6.4M | 6.7M | |
| Total Revenue | 43.3M | 51.3M | 58.4M | 48.5M | 40.9M | 42.5M | |
| Gross Profit | 39.4M | 46.1M | 45.7M | 34.3M | 30.3M | 33.5M | |
| Other Operating Expenses | 33.0M | 47.8M | 76.5M | 79.4M | 58.9M | 47.8M | |
| Operating Income | 10.1M | 3.5M | (5.2M) | (30.9M) | (18.1M) | (17.2M) | |
| Ebit | 11.2M | (1.2M) | (17.7M) | (26.4M) | (17.9M) | (17.0M) | |
| Ebitda | 11.4M | 3.5M | (7.2M) | (17.7M) | (10.5M) | (10.0M) | |
| Cost Of Revenue | 3.9M | 5.2M | 12.7M | 14.2M | 10.6M | 9.0M | |
| Total Operating Expenses | 29.1M | 42.6M | 63.8M | 65.2M | 41.0M | 38.5M | |
| Income Before Tax | 10.8M | 4.3M | (30.8M) | (29.1M) | (24.2M) | (23.0M) | |
| Total Other Income Expense Net | 697K | 804K | 110K | 1.9M | (6.2M) | (6.5M) | |
| Net Income | 10.7M | 4.2M | (31.0M) | (29.3M) | (24.4M) | (23.2M) | |
| Income Tax Expense | 80K | 160K | 215K | 226K | 158K | 150.1K | |
| Selling General Administrative | 9.9M | 12.8M | 17.9M | 16.2M | 12.8M | 15.6M | |
| Research Development | 11.7M | 19.1M | 26.2M | 29.9M | 17.1M | 16.4M | |
| Selling And Marketing Expenses | 7.5M | 10.7M | 11.6M | 12.9M | 11.1M | 13.1M | |
| Net Income Applicable To Common Shares | 10.7M | 4.2M | (31.0M) | (29.3M) | (26.4M) | (25.0M) | |
| Net Income From Continuing Ops | 10.7M | 4.2M | (31.0M) | (29.3M) | (25.7M) | (26.9M) | |
| Non Recurring | (123K) | 173K | 194K | 19K | 17.1K | 16.2K | |
| Non Operating Income Net Other | 469K | 708K | 76K | (115K) | (103.5K) | (98.3K) | |
| Tax Provision | 80K | 160K | 215K | 226K | 174K | 182.7K | |
| Interest Income | 1.3M | 228K | 96K | 34K | 30.6K | 29.1K | |
| Net Interest Income | 228K | 96K | 34K | (2.7M) | (7.5M) | (7.1M) | |
| Reconciled Depreciation | 1.3M | 3.6M | 9.3M | 7.6M | 6.7M | 4.8M |
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When determining whether Smith Micro Software offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Smith Micro'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 Smith Micro Software Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Smith Micro Software Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Smith Micro Software. 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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Application Software 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 Smith Micro. If investors know Smith 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 Smith Micro 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 (0.84) | Earnings Share (4.94) | Revenue Per Share 3.252 | Quarterly Revenue Growth (0.50) | Return On Assets (0.19) |
The market value of Smith Micro Software is measured differently than its book value, which is the value of Smith that is recorded on the company's balance sheet. Investors also form their own opinion of Smith Micro's value that differs from its market value or its book value, called intrinsic value, which is Smith Micro'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 Smith Micro's market value can be influenced by many factors that don't directly affect Smith Micro'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 Smith Micro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smith Micro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smith Micro'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.