WiMi Historical Income Statement

WIMI Stock  USD 0.85  0.01  1.19%   
Historical analysis of WiMi Hologram income statement accounts such as Net Interest Income of 13.3 M, Interest Income of 14.4 M, Depreciation And Amortization of 2.1 M or Interest Expense of 996.2 K can show how well WiMi Hologram Cloud performed in making a profits. Evaluating WiMi Hologram income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of WiMi Hologram's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining WiMi Hologram Cloud 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 WiMi Hologram Cloud is a good buy for the upcoming year.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WiMi Hologram Cloud. 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.

About WiMi Income Statement Analysis

WiMi Hologram Cloud 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 WiMi Hologram shareholders. The income statement also shows WiMi 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).

WiMi Hologram Income Statement Chart

As of now, WiMi Hologram's Selling And Marketing Expenses is increasing as compared to previous years. The WiMi Hologram's current Gross Profit is estimated to increase to about 182.5 M, while Tax Provision is forecasted to increase to (2.4 M).

Total Revenue

Total revenue comprises all receipts WiMi Hologram Cloud 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 WiMi Hologram Cloud minus its cost of goods sold. It is profit before WiMi Hologram 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.

Cost Of Revenue

Cost of Revenue is found on WiMi Hologram Cloud income statement and represents the costs associated with goods and services WiMi Hologram 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 WiMi Hologram's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into WiMi Hologram Cloud 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WiMi Hologram Cloud. 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.
As of now, WiMi Hologram's Selling And Marketing Expenses is increasing as compared to previous years. The WiMi Hologram's current Gross Profit is estimated to increase to about 182.5 M, while Tax Provision is forecasted to increase to (2.4 M).
 2021 2022 2023 2024 (projected)
Depreciation And Amortization19.7M12.2M2.2M2.1M
Interest Income3.4M3.7M13.7M14.4M

WiMi Hologram income statement Correlations

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-0.550.95-0.81-0.520.750.40.510.520.68-0.75-0.89-0.90.54-0.910.490.64-0.83-0.89-0.98-0.84-0.550.99
0.45-0.9-0.810.79-0.560.14-0.020.07-0.280.460.60.62-0.240.63-0.03-0.250.980.60.730.530.45-0.87
0.51-0.76-0.520.79-0.450.01-0.120.2-0.320.530.550.55-0.370.56-0.17-0.340.660.550.50.520.51-0.56
-0.260.740.75-0.56-0.450.390.680.570.76-0.77-0.78-0.80.43-0.810.680.71-0.57-0.77-0.69-0.75-0.260.75
-0.420.30.40.140.010.390.920.870.81-0.72-0.68-0.670.73-0.660.90.830.16-0.68-0.54-0.72-0.420.27
-0.360.430.51-0.02-0.120.680.920.870.94-0.86-0.79-0.790.77-0.781.00.94-0.01-0.79-0.59-0.83-0.360.39
-0.150.320.520.070.20.570.870.870.78-0.62-0.64-0.650.51-0.640.830.750.03-0.63-0.58-0.65-0.150.41
-0.480.630.68-0.28-0.320.760.810.940.78-0.94-0.91-0.90.83-0.90.940.99-0.26-0.91-0.75-0.93-0.480.58
0.61-0.76-0.750.460.53-0.77-0.72-0.86-0.62-0.940.960.96-0.890.95-0.89-0.960.430.960.80.980.61-0.66
0.64-0.88-0.890.60.55-0.78-0.68-0.79-0.64-0.910.961.0-0.831.0-0.79-0.910.581.00.931.00.64-0.82
0.63-0.89-0.90.620.55-0.8-0.67-0.79-0.65-0.90.961.0-0.81.0-0.79-0.90.61.00.940.990.63-0.84
-0.610.550.54-0.24-0.370.430.730.770.510.83-0.89-0.83-0.8-0.80.80.89-0.22-0.84-0.66-0.88-0.610.42
0.63-0.89-0.910.630.56-0.81-0.66-0.78-0.64-0.90.951.01.0-0.8-0.78-0.890.611.00.940.990.63-0.85
-0.390.440.49-0.03-0.170.680.91.00.830.94-0.89-0.79-0.790.8-0.780.95-0.01-0.79-0.58-0.84-0.390.37
-0.510.610.64-0.25-0.340.710.830.940.750.99-0.96-0.91-0.90.89-0.890.95-0.23-0.91-0.73-0.93-0.510.53
0.41-0.87-0.830.980.66-0.570.16-0.010.03-0.260.430.580.6-0.220.61-0.01-0.230.580.730.510.41-0.89
0.64-0.88-0.890.60.55-0.77-0.68-0.79-0.63-0.910.961.01.0-0.841.0-0.79-0.910.580.931.00.64-0.82
0.61-0.93-0.980.730.5-0.69-0.54-0.59-0.58-0.750.80.930.94-0.660.94-0.58-0.730.730.930.90.61-0.94
0.64-0.83-0.840.530.52-0.75-0.72-0.83-0.65-0.930.981.00.99-0.880.99-0.84-0.930.511.00.90.64-0.76
1.0-0.6-0.550.450.51-0.26-0.42-0.36-0.15-0.480.610.640.63-0.610.63-0.39-0.510.410.640.610.64-0.49
-0.490.950.99-0.87-0.560.750.270.390.410.58-0.66-0.82-0.840.42-0.850.370.53-0.89-0.82-0.94-0.76-0.49
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WiMi Hologram Account Relationship Matchups

WiMi Hologram income statement Accounts

201920202021202220232024 (projected)
Tax Provision3.1M2.9M(835.2K)(3.6M)(2.5M)(2.4M)
Net Interest Income(9.9M)(3.3M)(3.7M)1.5M12.7M13.3M
Interest Income1.2M476.2K3.4M3.7M13.7M14.4M
Depreciation And Amortization17.5M14.8M19.7M12.2M2.2M2.1M
Interest Expense11.1M3.8M7.1M2.3M1.0M996.2K
Selling General Administrative39.9M234.1M76.4M51.4M212.8M223.4M
Selling And Marketing Expenses1.9M3.7M10.6M5.9M3.6M4.4M
Total Revenue319.2M766.0M933.8M682.3M585.4M582.0M
Gross Profit173.0M169.4M249.6M143.0M173.7M182.5M
Other Operating Expenses206.3M919.4M1.1B942.6M1.2B718.4M
Operating Income112.9M(153.4M)(127.9M)(260.3M)(223.4M)(212.2M)
Net Income From Continuing Ops102.2M(145.0M)(254.4M)(376.8M)(510.4M)(484.8M)
Ebit112.9M(150.5M)(248.2M)(320.9M)(511.8M)(486.3M)
Research Development18.4M85.0M155.6M341.6M171.1M124.0M
Ebitda130.4M(135.7M)(228.4M)(308.7M)(509.6M)(484.1M)
Cost Of Revenue146.2M596.6M684.2M539.2M411.7M399.5M
Total Operating Expenses60.2M322.9M377.5M403.4M397.1M257.0M
Reconciled Depreciation13.9M14.8M19.7M12.2M2.2M2.1M
Income Before Tax105.3M(142.1M)(255.2M)(380.4M)(512.9M)(487.2M)
Total Other Income Expense Net(7.5M)11.4M(123.8M)(120.1M)(289.5M)(275.1M)
Net Income Applicable To Common Shares89.2M102.2M(151.2M)(236.0M)(212.4M)(201.8M)
Net Income102.2M(145.0M)(254.4M)(376.8M)(421.2M)(400.1M)
Income Tax Expense3.1M2.9M(835.2K)(3.6M)(2.5M)(2.4M)

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When determining whether WiMi Hologram Cloud offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WiMi Hologram'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 Wimi Hologram Cloud Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wimi Hologram Cloud Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WiMi Hologram Cloud. 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.
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Is Movies & Entertainment 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 WiMi Hologram. If investors know WiMi 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 WiMi Hologram 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
(0.80)
Earnings Share
(0.65)
Revenue Per Share
6.558
Quarterly Revenue Growth
0.098
Return On Assets
(0.09)
The market value of WiMi Hologram Cloud is measured differently than its book value, which is the value of WiMi that is recorded on the company's balance sheet. Investors also form their own opinion of WiMi Hologram's value that differs from its market value or its book value, called intrinsic value, which is WiMi Hologram'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 WiMi Hologram's market value can be influenced by many factors that don't directly affect WiMi Hologram'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 WiMi Hologram's value and its price as these two are different measures arrived at by different means. Investors typically determine if WiMi Hologram is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WiMi Hologram'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.