VirnetX Historical Income Statement
VHC Stock | USD 5.01 0.22 4.59% |
Historical analysis of VirnetX Holding income statement accounts such as Depreciation And Amortization of 8.6 K, Interest Expense of 2 M, Total Revenue of 6.7 K or Other Operating Expenses of 27.4 M can show how well VirnetX Holding Corp performed in making a profits. Evaluating VirnetX Holding income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of VirnetX Holding's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining VirnetX Holding 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 VirnetX Holding Corp is a good buy for the upcoming year.
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About VirnetX Income Statement Analysis
VirnetX Holding 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 VirnetX Holding shareholders. The income statement also shows VirnetX 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).
VirnetX Holding Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of VirnetX Holding Corp. It is also known as VirnetX Holding 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.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 VirnetX Holding's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into VirnetX Holding 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 VirnetX Holding 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 rate. At present, VirnetX Holding's Total Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 18 M, whereas Depreciation And Amortization is forecasted to decline to 8,550.
2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 48K | 1.8M | 3.9M | 3.7M | Interest Income | 48K | 1.8M | 3.9M | 3.7M |
VirnetX Holding income statement Correlations
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VirnetX Holding Account Relationship Matchups
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VirnetX Holding income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 18K | 7K | 5K | 4K | 9K | 8.6K | |
Interest Expense | 92K | 190.8M | 48K | 1.8M | 2.1M | 2.0M | |
Total Revenue | 85K | 302.6M | 35K | 48K | 7K | 6.7K | |
Gross Profit | 85K | 212.5M | 9.1M | 45K | (2K) | (1.9K) | |
Other Operating Expenses | 19.8M | 144.7M | 49.2M | 22.1M | 31.5M | 27.4M | |
Operating Income | (19.7M) | 116.6M | (49.2M) | (22.1M) | (31.4M) | (29.9M) | |
Ebit | (19.7M) | 116.6M | (49.1M) | (22.1M) | (31.4M) | (29.9M) | |
Research Development | 3.8M | 8.8M | 5.6M | 6.4M | 9.7M | 10.2M | |
Ebitda | (19.7M) | 116.6M | (49.1M) | (22.1M) | (31.4M) | (29.9M) | |
Total Operating Expenses | 19.8M | 54.6M | 49.2M | 22.1M | 31.5M | 33.0M | |
Income Before Tax | (19.6M) | 307.5M | (49.1M) | (20.2M) | (28.0M) | (29.3M) | |
Total Other Income Expense Net | 92K | 190.8M | 48K | 1.8M | 3.5M | 3.3M | |
Net Income | (19.2M) | 280.4M | (39.6M) | (36.3M) | (27.9M) | (26.5M) | |
Income Tax Expense | (393K) | 27.0M | (9.5M) | 16.0M | (79K) | (75.1K) | |
Selling General Administrative | 15.9M | 2.11 | 52.7M | 15.7M | 21.7M | 16.5M | |
Net Income Applicable To Common Shares | (19.2M) | 280.4M | (39.6M) | (36.3M) | (41.7M) | (39.6M) | |
Net Income From Continuing Ops | (19.2M) | 280.4M | (39.6M) | (36.3M) | (45.0M) | (42.7M) | |
Tax Provision | (393K) | 27.0M | 9.5M | 16.0M | 17.1M | 18.0M | |
Interest Income | 92K | 108.3M | 48K | 1.8M | 3.9M | 3.7M | |
Net Interest Income | 92K | 108.3M | 48K | 1.8M | 3.9M | 3.7M | |
Reconciled Depreciation | 18K | 7K | 5K | 4K | 6.3K | 8.5K |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether VirnetX Holding Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VirnetX Holding's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Virnetx Holding Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Virnetx Holding Corp Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VirnetX Holding 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 rate. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Application Software 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 VirnetX Holding. If investors know VirnetX 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 VirnetX Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.32) | Revenue Per Share 0.002 | Quarterly Revenue Growth (0.50) | Return On Assets (0.23) | Return On Equity (0.35) |
The market value of VirnetX Holding Corp is measured differently than its book value, which is the value of VirnetX that is recorded on the company's balance sheet. Investors also form their own opinion of VirnetX Holding's value that differs from its market value or its book value, called intrinsic value, which is VirnetX Holding'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 VirnetX Holding's market value can be influenced by many factors that don't directly affect VirnetX Holding'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 VirnetX Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if VirnetX Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VirnetX Holding'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.