SOCO Historical Income Statement

SOC Stock   0.12  0.01  9.09%   
Historical analysis of SOCO income statement accounts such as Total Revenue of 14.7 M, Gross Profit of 5.2 M, Other Operating Expenses of 13.2 M or Ebitda of 18.9 K can show how well SOCO Corporation performed in making a profits. Evaluating SOCO income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of SOCO's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining SOCO 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 SOCO 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 SOCO Corporation. 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.

About SOCO Income Statement Analysis

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

SOCO Income Statement Chart

At this time, SOCO's Interest Income is comparatively stable compared to the past year. Depreciation And Amortization is likely to gain to about 748 K in 2024, whereas Selling And Marketing Expenses is likely to drop slightly above 246.6 K in 2024.

Total Revenue

Total revenue comprises all receipts SOCO 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 SOCO Corporation minus its cost of goods sold. It is profit before SOCO 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 SOCO's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into SOCO 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 SOCO Corporation. 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, SOCO's Interest Income is comparatively stable compared to the past year. Depreciation And Amortization is likely to gain to about 748 K in 2024, whereas Selling And Marketing Expenses is likely to drop slightly above 246.6 K in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization139.6K300.7K712.4K748.0K
Interest Income8.8K41.1K65.7K69.0K

SOCO income statement Correlations

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-0.850.970.80.870.820.640.84-0.75-0.85-0.750.850.78-0.870.85-0.88-0.850.770.77-0.920.9
-0.430.740.80.80.840.770.84-0.32-0.43-0.280.840.99-0.460.39-0.47-0.420.760.34-0.540.7
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-0.450.880.820.840.970.920.99-0.28-0.45-0.30.990.84-0.480.49-0.49-0.450.970.29-0.570.81
-0.170.740.640.770.790.920.880.02-0.17-0.010.860.78-0.210.22-0.22-0.170.910.01-0.310.54
-0.520.90.840.840.990.990.88-0.36-0.52-0.381.00.83-0.550.55-0.56-0.520.960.37-0.630.86
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1.0-0.79-0.85-0.43-0.61-0.45-0.17-0.520.970.99-0.54-0.411.0-0.991.01.0-0.42-0.980.98-0.81
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-0.540.90.850.840.990.990.861.0-0.38-0.54-0.40.83-0.570.56-0.58-0.540.950.39-0.640.88
-0.40.740.780.990.780.840.780.83-0.27-0.41-0.260.83-0.440.38-0.45-0.40.740.31-0.510.66
1.0-0.81-0.87-0.46-0.64-0.48-0.21-0.550.961.00.98-0.57-0.44-0.981.01.0-0.45-0.980.99-0.83
-0.980.820.850.390.630.490.220.55-0.92-0.99-0.970.560.38-0.98-0.98-0.980.450.95-0.960.8
1.0-0.82-0.88-0.47-0.65-0.49-0.22-0.560.961.00.98-0.58-0.451.0-0.981.0-0.46-0.970.99-0.83
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-0.430.840.770.760.940.970.910.96-0.28-0.42-0.270.950.74-0.450.45-0.46-0.430.26-0.560.8
-0.980.670.770.340.470.290.010.37-0.99-0.98-0.990.390.31-0.980.95-0.97-0.980.26-0.950.72
0.99-0.86-0.92-0.54-0.71-0.57-0.31-0.630.940.980.94-0.64-0.510.99-0.960.990.99-0.56-0.95-0.88
-0.820.880.90.70.930.810.540.86-0.74-0.81-0.730.880.66-0.830.8-0.83-0.820.80.72-0.88
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SOCO Account Relationship Matchups

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Additional Tools for SOCO Stock Analysis

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