Sono Historical Income Statement
SOTK Stock | USD 4.49 0.00 0.00% |
Historical analysis of Sono Tek income statement accounts such as Gross Profit of 10.3 M, Other Operating Expenses of 19.4 M, Operating Income of 1.2 M or Ebit of 1.2 M can show how well Sono Tek Corp performed in making a profits. Evaluating Sono Tek income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Sono Tek's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Sono Tek 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 Sono Tek Corp is a good buy for the upcoming year.
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About Sono Income Statement Analysis
Sono Tek 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 Sono Tek shareholders. The income statement also shows Sono 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).
Sono Tek Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Sono Tek Corp 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 Sono Tek Corp minus its cost of goods sold. It is profit before Sono Tek 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 Sono Tek Corp. It is also known as Sono Tek 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.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Sono Tek income statement and is an important metric when analyzing Sono Tek Corp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most accounts from Sono Tek's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Sono Tek 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 Sono Tek 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 estimate. At this time, Sono Tek's Operating Income is quite stable compared to the past year. EBIT is expected to rise to about 1.2 M this year, although the value of Net Income Applicable To Common Shares will most likely fall to about 700.8 K.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 8.6M | 7.7M | 9.8M | 10.3M | Total Revenue | 17.1M | 15.1M | 19.7M | 20.7M |
Sono Tek income statement Correlations
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Sono Tek Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Is Electronic Equipment, Instruments & Components 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 Sono Tek. If investors know Sono 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 Sono Tek 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 (0.33) | Earnings Share 0.09 | Revenue Per Share 1.311 | Quarterly Revenue Growth (0.09) | Return On Assets 0.0346 |
The market value of Sono Tek Corp is measured differently than its book value, which is the value of Sono that is recorded on the company's balance sheet. Investors also form their own opinion of Sono Tek's value that differs from its market value or its book value, called intrinsic value, which is Sono Tek'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 Sono Tek's market value can be influenced by many factors that don't directly affect Sono Tek'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 Sono Tek's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sono Tek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sono Tek'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.