Vuzix Historical Income Statement
| VUZI Stock | USD 2.25 0.54 31.58% |
Historical analysis of Vuzix Corp income statement accounts such as Depreciation And Amortization of 5.2 M, Interest Expense of 1.8 M, Selling General Administrative of 19.5 M or Total Revenue of 9.3 M can show how well Vuzix Corp Cmn performed in making a profits. Evaluating Vuzix Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Vuzix Corp's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Vuzix Corp Cmn 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 Vuzix Corp Cmn is a good buy for the upcoming year.
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About Vuzix Income Statement Analysis
Vuzix Corp Cmn 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 Vuzix Corp shareholders. The income statement also shows Vuzix 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).
Vuzix Corp Income Statement Chart
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Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Total Revenue
Total revenue comprises all receipts Vuzix Corp Cmn 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 Vuzix Corp Cmn. It is also known as Vuzix Corp 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.Most accounts from Vuzix Corp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Vuzix Corp Cmn 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 Vuzix Corp Cmn. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. As of now, Vuzix Corp's Other Operating Expenses is increasing as compared to previous years. The Vuzix Corp's current Research Development is estimated to increase to about 13 M, while Total Revenue is projected to decrease to under 9.3 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 42.2M | 43.6M | 50.6M | 53.1M | Cost Of Revenue | 10.7M | 10.4M | 14.8M | 7.7M |
Vuzix Corp income statement Correlations
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Vuzix Corp Account Relationship Matchups
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Vuzix Corp income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 2.4M | 3.0M | 2.8M | 2.6M | 4.9M | 5.2M | |
| Selling General Administrative | 6.6M | 6.9M | 22.5M | 21.0M | 18.6M | 19.5M | |
| Total Revenue | 6.7M | 11.6M | 13.2M | 11.8M | 12.1M | 9.3M | |
| Gross Profit | (4.4M) | 1.9M | 2.5M | 1.5M | (2.6M) | (2.5M) | |
| Other Operating Expenses | 33.2M | 30.6M | 52.9M | 53.9M | 64.4M | 67.7M | |
| Operating Income | (26.6M) | (19.1M) | (39.7M) | (42.1M) | (52.3M) | (49.7M) | |
| Ebit | (26.6M) | (18.0M) | (40.4M) | (42.5M) | (50.4M) | (47.8M) | |
| Research Development | 8.9M | 7.6M | 11.7M | 12.7M | 12.3M | 13.0M | |
| Ebitda | (24.1M) | (14.9M) | (37.6M) | (39.9M) | (45.4M) | (43.1M) | |
| Cost Of Revenue | 11.1M | 9.7M | 10.7M | 10.4M | 14.8M | 7.7M | |
| Total Operating Expenses | 22.2M | 21.0M | 42.2M | 43.6M | 50.6M | 53.1M | |
| Income Before Tax | (26.5M) | (18.0M) | (40.4M) | (40.8M) | (50.1M) | (47.6M) | |
| Total Other Income Expense Net | 89.9K | 1.2M | (397.1K) | 1.5M | 2.2M | 2.3M | |
| Net Income | (26.5M) | (18.0M) | (40.6M) | (39.3M) | (50.1M) | (47.6M) | |
| Income Tax Expense | (89.9K) | 74K | 264K | (1.5M) | 3.7K | 3.5K | |
| Selling And Marketing Expenses | 4.2M | 4.0M | 6.1M | 8.1M | 12.7M | 13.3M | |
| Net Income From Continuing Ops | (26.5M) | (18.0M) | (40.4M) | (40.8M) | (41.0M) | (39.0M) | |
| Net Income Applicable To Common Shares | (28.4M) | (20.0M) | (40.4M) | (40.8M) | (36.7M) | (38.5M) | |
| Reconciled Depreciation | 2.4M | 2.6M | 2.3M | 2.6M | 4.4M | 2.7M |
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When determining whether Vuzix Corp Cmn offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Vuzix Corp'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 Vuzix Corp Cmn Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Vuzix Corp Cmn Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vuzix Corp Cmn. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Consumer Electronics 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 Vuzix Corp. If investors know Vuzix 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 Vuzix Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.21) | Revenue Per Share 0.098 | Quarterly Revenue Growth (0.77) | Return On Assets (0.42) | Return On Equity (1.17) |
The market value of Vuzix Corp Cmn is measured differently than its book value, which is the value of Vuzix that is recorded on the company's balance sheet. Investors also form their own opinion of Vuzix Corp's value that differs from its market value or its book value, called intrinsic value, which is Vuzix Corp'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 Vuzix Corp's market value can be influenced by many factors that don't directly affect Vuzix Corp'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 Vuzix Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vuzix Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vuzix Corp'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.