Surf Historical Income Statement
SRFM Stock | 2.68 0.17 6.77% |
Historical analysis of Surf Air income statement accounts such as Total Revenue of 49.6 M, Other Operating Expenses of 144.7 M, Research Development of 21.9 M or Cost Of Revenue of 51.3 M can show how well Surf Air Mobility performed in making a profits. Evaluating Surf Air income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Surf Air's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Surf Air Mobility 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 Surf Air Mobility is a good buy for the upcoming year.
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About Surf Income Statement Analysis
Surf Air Mobility 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 Surf Air shareholders. The income statement also shows Surf 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).
Surf Air Income Statement Chart
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Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Total Revenue
Total revenue comprises all receipts Surf Air Mobility 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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Surf Air Mobility. It is also known as Surf Air 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 Surf Air Mobility income statement and represents the costs associated with goods and services Surf Air 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 Surf Air's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Surf Air Mobility 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 Surf Air Mobility. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. As of the 25th of November 2024, Research Development is likely to grow to about 21.9 M, though Tax Provision is likely to grow to (10.9 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.1M | 3.2M | 3.0M | 2.7M | Depreciation And Amortization | 1.1M | 1.0M | 3.8M | 2.4M |
Surf Air income statement Correlations
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Surf Air Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Is Passenger Airlines 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 Surf Air. If investors know Surf 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 Surf Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (15.64) | Revenue Per Share 10.839 | Quarterly Revenue Growth 4.225 | Return On Assets (1.78) |
The market value of Surf Air Mobility is measured differently than its book value, which is the value of Surf that is recorded on the company's balance sheet. Investors also form their own opinion of Surf Air's value that differs from its market value or its book value, called intrinsic value, which is Surf Air'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 Surf Air's market value can be influenced by many factors that don't directly affect Surf Air'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 Surf Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Surf Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Surf Air'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.