Soma Historical Income Statement

SOMA Stock  CAD 0.54  0.03  5.88%   
Historical analysis of Soma Gold income statement accounts such as Net Income From Continuing Ops of 2.9 M, Ebit of 3.5 M, EBITDA of 13.5 M or Total Operating Expenses of 63.3 M can show how well Soma Gold Corp performed in making a profits. Evaluating Soma Gold income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Soma Gold's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Soma Gold Corp 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 Soma Gold Corp 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 Soma Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

About Soma Income Statement Analysis

Soma Gold Corp 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 Soma Gold shareholders. The income statement also shows Soma 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).

Soma Gold Income Statement Chart

At this time, Soma Gold's Income Tax Expense is fairly stable compared to the past year. Tax Provision is likely to climb to about 11.7 M in 2024, whereas Discontinued Operations is likely to drop (553.2 K) in 2024.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Soma Gold Corp. It is also known as Soma Gold 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.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Soma Gold Corp financial statement analysis. It represents the amount of money remaining after all of Soma Gold Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most accounts from Soma Gold's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Soma Gold Corp 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 Soma Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, Soma Gold's Income Tax Expense is fairly stable compared to the past year. Tax Provision is likely to climb to about 11.7 M in 2024, whereas Discontinued Operations is likely to drop (553.2 K) in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation3.1M3.9M10.7M11.2M
Total Operating Expenses33.3M40.3M60.3M63.3M

Soma Gold income statement Correlations

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-0.690.8-0.410.680.960.981.00.730.610.960.750.940.99-0.350.750.710.710.79
-0.580.8-0.450.570.80.830.780.620.590.820.660.80.76-0.190.680.610.60.57
0.7-0.41-0.45-0.8-0.37-0.37-0.45-0.8-0.9-0.58-0.07-0.34-0.470.45-0.86-0.8-0.8-0.4
-0.960.680.57-0.80.550.560.70.990.960.730.10.490.71-0.770.961.01.00.84
-0.50.960.8-0.370.550.970.970.60.510.970.881.00.97-0.150.660.580.580.65
-0.570.980.83-0.370.560.970.970.620.520.950.850.980.96-0.160.670.60.60.65
-0.691.00.78-0.450.70.970.970.740.640.980.750.951.0-0.350.770.730.730.79
-0.970.730.62-0.80.990.60.620.740.970.770.170.540.75-0.740.981.01.00.84
-0.910.610.59-0.90.960.510.520.640.970.710.110.460.65-0.650.980.970.970.72
-0.680.960.82-0.580.730.970.950.980.770.710.750.950.98-0.290.830.760.760.73
-0.090.750.66-0.070.10.880.850.750.170.110.750.910.750.30.290.150.150.26
-0.450.940.8-0.340.491.00.980.950.540.460.950.910.95-0.060.620.530.530.59
-0.680.990.76-0.470.710.970.961.00.750.650.980.750.95-0.320.780.730.730.77
0.81-0.35-0.190.45-0.77-0.15-0.16-0.35-0.74-0.65-0.290.3-0.06-0.32-0.62-0.75-0.75-0.8
-0.920.750.68-0.860.960.660.670.770.980.980.830.290.620.78-0.620.970.970.78
-0.960.710.61-0.81.00.580.60.731.00.970.760.150.530.73-0.750.971.00.84
-0.970.710.6-0.81.00.580.60.731.00.970.760.150.530.73-0.750.971.00.85
-0.860.790.57-0.40.840.650.650.790.840.720.730.260.590.77-0.80.780.840.85
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Soma Gold Account Relationship Matchups

Soma Gold income statement Accounts

201920202021202220232024 (projected)
Net Interest Income(2.1M)(2.7M)(5.3M)(4.9M)(6.5M)(6.2M)
Interest Expense2.1M3.1M5.3M4.9M6.5M3.9M
Selling General Administrative3.2M6.0M5.0M6.1M7.0M6.1M
Operating Income(3.4M)2.4M6.7M12.6M20.8M21.9M
Net Income From Continuing Ops(32.5M)7.0M(1.2M)257.5K2.8M2.9M
Ebitda(8.8M)(34.1M)12.9M11.2M12.8M13.5M
Total Operating Expenses3.4M20.7M33.3M40.3M60.3M63.3M
Reconciled Depreciation22.4K1.2M3.1M3.9M10.7M11.2M
Income Before Tax(36.3M)8.7M2.8M3.8M14.0M14.7M
Total Other Income Expense Net(30.8M)9.1M1.4M(3.9M)(390.5K)(410.1K)
Net Income(37.7M)6.7M(1.2M)257.5K2.8M2.9M
Tax Provision(3.8M)1.7M4.0M3.5M11.2M11.7M
Total Revenue1.6M23.0M40.0M53.0M81.2M85.2M
Gross Profit(22.4K)8.4M12.1M18.9M28.0M29.3M
Cost Of Revenue22.4K14.7M27.9M34.1M53.2M55.9M

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