Viemed Historical Income Statement

VMD Stock  USD 8.65  0.10  1.14%   
Historical analysis of Viemed Healthcare income statement accounts such as Discontinued Operations of 0.0, Interest Expense of 310.2 K, Selling General Administrative of 50.5 M or Total Revenue of 101.6 M can show how well Viemed Healthcare performed in making a profits. Evaluating Viemed Healthcare income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Viemed Healthcare's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Viemed Healthcare 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 Viemed Healthcare 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 Viemed Healthcare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade Viemed Stock refer to our How to Trade Viemed Stock guide.

About Viemed Income Statement Analysis

Viemed Healthcare 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 Viemed Healthcare shareholders. The income statement also shows Viemed 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).

Viemed Healthcare Income Statement Chart

At present, Viemed Healthcare's Net Income From Continuing Ops is projected to increase significantly based on the last few years of reporting. The current year's Non Operating Income Net Other is expected to grow to about 1.1 M, whereas Selling General Administrative is forecasted to decline to about 50.5 M.

Total Revenue

Total revenue comprises all receipts Viemed Healthcare 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 Viemed Healthcare minus its cost of goods sold. It is profit before Viemed Healthcare 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.

Operating Income

Operating Income is the amount of profit realized from Viemed Healthcare operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Viemed Healthcare is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Viemed Healthcare whose combined shares represent less than 50% of the total outstanding shares issued by Viemed Healthcare have a minority interest in Viemed Healthcare.
Most accounts from Viemed Healthcare's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Viemed Healthcare 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 Viemed Healthcare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade Viemed Stock refer to our How to Trade Viemed Stock guide.At present, Viemed Healthcare's Net Income From Continuing Ops is projected to increase significantly based on the last few years of reporting. The current year's Non Operating Income Net Other is expected to grow to about 1.1 M, whereas Selling General Administrative is forecasted to decline to about 50.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit73.4M84.7M112.8M65.9M
Total Revenue117.1M138.8M183.0M101.6M

Viemed Healthcare income statement Correlations

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0.991.00.440.320.390.990.970.50.310.350.250.50.21-0.20.880.940.970.57
0.991.00.470.330.420.980.980.520.320.360.280.520.24-0.240.880.950.970.56
0.360.440.470.920.930.390.350.950.110.92-0.35-0.29-0.34-0.290.260.550.270.26
0.230.320.330.920.810.310.20.940.181.0-0.58-0.51-0.64-0.030.140.410.140.36
0.30.390.420.930.810.340.270.83-0.170.82-0.33-0.23-0.18-0.490.250.590.220.06
0.980.990.980.390.310.340.960.470.30.340.210.480.17-0.160.870.930.970.59
0.990.970.980.350.20.270.960.430.440.230.410.590.29-0.130.880.860.980.53
0.430.50.520.950.940.830.470.430.360.95-0.31-0.28-0.48-0.030.320.540.350.37
0.350.310.320.110.18-0.170.30.440.360.190.360.17-0.230.560.330.040.370.37
0.260.350.360.921.00.820.340.230.950.19-0.56-0.49-0.62-0.030.170.440.170.35
0.330.250.28-0.35-0.58-0.330.210.41-0.310.36-0.560.90.75-0.190.50.120.42-0.17
0.570.50.52-0.29-0.51-0.230.480.59-0.280.17-0.490.90.8-0.380.710.430.640.09
0.270.210.24-0.34-0.64-0.180.170.29-0.48-0.23-0.620.750.8-0.60.410.230.34-0.27
-0.18-0.2-0.24-0.29-0.03-0.49-0.16-0.13-0.030.56-0.03-0.19-0.38-0.6-0.37-0.44-0.160.21
0.890.880.880.260.140.250.870.880.320.330.170.50.710.41-0.370.840.920.35
0.910.940.950.550.410.590.930.860.540.040.440.120.430.23-0.440.840.870.48
0.980.970.970.270.140.220.970.980.350.370.170.420.640.34-0.160.920.870.49
0.580.570.560.260.360.060.590.530.370.370.35-0.170.09-0.270.210.350.480.49
Click cells to compare fundamentals

Viemed Healthcare Account Relationship Matchups

Viemed Healthcare income statement Accounts

201920202021202220232024 (projected)
Interest Expense314K509K318K197K424K310.2K
Selling General Administrative45.3M57.7M60.0M73.4M93.7M50.5M
Total Revenue80.3M131.3M117.1M138.8M183.0M101.6M
Gross Profit56.0M80.1M73.4M84.7M112.8M65.9M
Other Operating Expenses71.0M106.9M105.0M130.2M168.7M177.1M
Operating Income8.7M26.8M11.6M8.3M14.3M13.1M
Net Income From Continuing Ops8.5M31.5M9.1M6.2M9.2M11.5M
Ebit8.7M21.0M10.5M8.4M14.8M13.5M
Cost Of Revenue24.3M51.2M43.7M54.2M70.2M35.7M
Total Operating Expenses46.8M55.7M61.4M76.1M98.5M52.7M
Income Before Tax8.8M26.4M12.5M9.0M14.4M12.3M
Total Other Income Expense Net49K(418K)923K738K61K64.1K
Net Income Applicable To Common Shares8.5M31.5M9.1M6.2M7.2M11.6M
Net Income8.5M31.5M9.1M6.2M10.2M11.6M
Income Tax Expense271K(5.2M)3.4M2.8M4.1M4.4M
Tax Provision271K(5.2M)3.4M2.8M3.7M3.9M
Net Interest Income(314K)(509K)(318K)(197K)(200K)(210K)
Depreciation And Amortization6.9M9.6M11.3M15.6M21.9M23.0M
Ebitda15.6M30.5M21.8M24.0M36.7M23.7M
Reconciled Depreciation6.4M9.6M11.3M15.6M20.3M10.9M

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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 Viemed Healthcare is a strong investment it is important to analyze Viemed Healthcare's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Viemed Healthcare's future performance. For an informed investment choice regarding Viemed Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Viemed Healthcare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade Viemed Stock refer to our How to Trade Viemed Stock guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Health Care Equipment & Supplies 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 Viemed Healthcare. If investors know Viemed 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 Viemed Healthcare 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
0.425
Earnings Share
0.25
Revenue Per Share
5.534
Quarterly Revenue Growth
0.174
Return On Assets
0.0686
The market value of Viemed Healthcare is measured differently than its book value, which is the value of Viemed that is recorded on the company's balance sheet. Investors also form their own opinion of Viemed Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Viemed Healthcare'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 Viemed Healthcare's market value can be influenced by many factors that don't directly affect Viemed Healthcare'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 Viemed Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Viemed Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Viemed Healthcare'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.