TechPrecision Historical Income Statement

TPCS Stock  USD 3.20  0.12  3.90%   
Historical analysis of TechPrecision Common income statement accounts such as Other Operating Expenses of 19 M, Cost Of Revenue of 15.5 M, Total Operating Expenses of 4.8 M or Income Tax Expense of 2 M can show how well TechPrecision Common performed in making a profits. Evaluating TechPrecision Common income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of TechPrecision Common's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining TechPrecision Common 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 TechPrecision Common 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 TechPrecision Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy TechPrecision Stock please use our How to Invest in TechPrecision Common guide.

About TechPrecision Income Statement Analysis

TechPrecision Common 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 TechPrecision Common shareholders. The income statement also shows TechPrecision 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).

TechPrecision Common Income Statement Chart

At this time, TechPrecision Common's Depreciation And Amortization is comparatively stable compared to the past year. Income Tax Expense is likely to gain to about 2 M in 2024, whereas Total Revenue is likely to drop slightly above 19.5 M in 2024.

Total Revenue

Total revenue comprises all receipts TechPrecision Common 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 TechPrecision Common. It is also known as TechPrecision Common 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 TechPrecision Common income statement and represents the costs associated with goods and services TechPrecision Common 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.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most accounts from TechPrecision Common's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into TechPrecision Common 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 TechPrecision Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy TechPrecision Stock please use our How to Invest in TechPrecision Common guide.At this time, TechPrecision Common's Depreciation And Amortization is comparatively stable compared to the past year. Income Tax Expense is likely to gain to about 2 M in 2024, whereas Total Revenue is likely to drop slightly above 19.5 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense269.4K355.6K521.1K495.1K
Depreciation And Amortization1.5M2.2M2.4M2.6M

TechPrecision Common income statement Correlations

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-0.26-0.08-0.2-0.120.180.180.12-0.03-0.370.11-0.030.09-0.011.01.00.1-0.3-0.16-0.27-0.25-0.150.1
0.4-0.080.320.97-0.48-0.45-0.380.960.89-0.410.04-0.370.08-0.07-0.08-0.08-0.550.36-0.04-0.250.52-0.08
0.05-0.20.320.090.510.490.550.060.20.540.220.5-0.15-0.2-0.2-0.020.330.060.03-0.050.1-0.02
0.4-0.120.970.09-0.65-0.63-0.570.990.93-0.59-0.01-0.530.1-0.1-0.12-0.08-0.640.35-0.07-0.280.51-0.08
-0.520.18-0.480.51-0.650.990.94-0.65-0.670.980.290.93-0.380.160.180.460.79-0.43-0.110.25-0.380.46
-0.480.18-0.450.49-0.630.990.97-0.62-0.680.990.310.92-0.320.170.180.480.78-0.35-0.060.35-0.310.48
-0.260.12-0.380.55-0.570.940.97-0.56-0.620.960.310.86-0.190.110.120.340.79-0.130.110.42-0.090.34
0.41-0.030.960.060.99-0.65-0.62-0.560.88-0.59-0.03-0.530.13-0.01-0.03-0.08-0.670.37-0.05-0.250.53-0.08
0.44-0.370.890.20.93-0.67-0.68-0.620.88-0.620.0-0.540.07-0.35-0.37-0.22-0.560.35-0.05-0.350.46-0.22
-0.450.11-0.410.54-0.590.980.990.96-0.59-0.620.380.95-0.370.10.110.470.82-0.32-0.040.37-0.290.47
-0.14-0.030.040.22-0.010.290.310.31-0.030.00.380.53-0.64-0.03-0.030.380.460.02-0.34-0.05-0.020.38
-0.570.09-0.370.5-0.530.930.920.86-0.53-0.540.950.53-0.640.080.090.590.83-0.44-0.260.23-0.40.59
0.6-0.010.08-0.150.1-0.38-0.32-0.190.130.07-0.37-0.64-0.640.0-0.01-0.63-0.450.530.690.220.48-0.63
-0.251.0-0.07-0.2-0.10.160.170.11-0.01-0.350.1-0.030.080.01.00.09-0.31-0.16-0.27-0.25-0.140.09
-0.261.0-0.08-0.2-0.120.180.180.12-0.03-0.370.11-0.030.09-0.011.00.1-0.3-0.16-0.27-0.25-0.150.1
-0.760.1-0.08-0.02-0.080.460.480.34-0.08-0.220.470.380.59-0.630.090.10.39-0.69-0.60.09-0.471.0
-0.28-0.3-0.550.33-0.640.790.780.79-0.67-0.560.820.460.83-0.45-0.31-0.30.39-0.20.060.44-0.180.39
0.95-0.160.360.060.35-0.43-0.35-0.130.370.35-0.320.02-0.440.53-0.16-0.16-0.69-0.20.680.260.9-0.69
0.67-0.27-0.040.03-0.07-0.11-0.060.11-0.05-0.05-0.04-0.34-0.260.69-0.27-0.27-0.60.060.680.660.61-0.6
0.14-0.25-0.25-0.05-0.280.250.350.42-0.25-0.350.37-0.050.230.22-0.25-0.250.090.440.260.660.240.09
0.9-0.150.520.10.51-0.38-0.31-0.090.530.46-0.29-0.02-0.40.48-0.14-0.15-0.47-0.180.90.610.24-0.47
-0.760.1-0.08-0.02-0.080.460.480.34-0.08-0.220.470.380.59-0.630.090.11.00.39-0.69-0.60.09-0.47
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TechPrecision Common Account Relationship Matchups

TechPrecision Common income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization717.6K704.0K1.5M2.2M2.4M2.6M
Interest Expense296.1K202.3K269.4K355.6K521.1K495.1K
Total Revenue16.0M15.6M22.3M31.4M31.6M19.5M
Gross Profit3.1M3.5M3.4M4.9M4.1M4.0M
Other Operating Expenses15.7M15.0M23.8M32.5M36.2M19.0M
Operating Income376.5K623.2K(1.6M)(1.1M)(4.6M)(4.4M)
Ebit376.5K627.8K(272.8K)(427.8K)(4.6M)(4.4M)
Ebitda1.1M1.3M1.2M1.8M(2.2M)(2.1M)
Cost Of Revenue12.9M12.1M18.9M26.5M27.5M15.5M
Total Operating Expenses2.8M2.8M4.9M6.0M8.8M4.8M
Income Before Tax(414.6K)425.5K(542.2K)(783.4K)(5.1M)(4.9M)
Total Other Income Expense Net(791.1K)(197.7K)1.0M321.8K(477.7K)(453.9K)
Net Income(341.6K)320.6K(349.8K)(979.0K)(7.0M)(6.7M)
Income Tax Expense(73.0K)104.9K(192.4K)195.6K1.9M2.0M
Selling General Administrative2.8M2.8M4.9M6.0M8.8M8.3M
Net Income Applicable To Common Shares(341.6K)320.6K(349.8K)(979.0K)(881.1K)(837.1K)
Net Income From Continuing Ops(341.6K)320.6K(542.2K)(979.0K)(7.0M)(6.7M)
Non Operating Income Net Other41.0K22.8K4.6K677.4K779.0K818.0K
Tax Provision(73.0K)104.9K(192.4K)195.6K1.9M2.0M
Net Interest Income(296.1K)(202.3K)(269.4K)(355.6K)(521.1K)(547.2K)
Reconciled Depreciation717.6K704.0K1.5M2.2M2.4M1.4M

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Additional Tools for TechPrecision Stock Analysis

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