Westport Historical Income Statement

WPRT Stock  USD 4.75  0.25  5.56%   
Historical analysis of Westport Fuel income statement accounts such as Depreciation And Amortization of 8.5 M, Interest Expense of 4.3 M, Total Revenue of 348.4 M or Other Operating Expenses of 396.6 M can show how well Westport Fuel Systems performed in making a profits. Evaluating Westport Fuel income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Westport Fuel's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Westport Fuel Systems 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 Westport Fuel Systems 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 Westport Fuel Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

About Westport Income Statement Analysis

Westport Fuel Systems 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 Westport Fuel shareholders. The income statement also shows Westport 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).

Westport Fuel Income Statement Chart

At this time, Westport Fuel's Tax Provision is comparatively stable compared to the past year.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Westport Fuel Systems. It is also known as Westport Fuel 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 Westport Fuel Systems income statement and represents the costs associated with goods and services Westport Fuel 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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Westport Fuel Systems minus its cost of goods sold. It is profit before Westport Fuel 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.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most accounts from Westport Fuel's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Westport Fuel Systems 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 Westport Fuel Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Westport Fuel's Tax Provision is comparatively stable compared to the past year.
 2021 2022 2023 2024 (projected)
Other Operating Expenses344.6M349.5M377.7M396.6M
Total Revenue312.4M305.7M331.8M348.4M

Westport Fuel income statement Correlations

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0.60.320.88-0.1-0.150.21-0.080.880.4-0.12-0.03-0.08-0.10.450.060.70.01-0.070.040.90.35-0.05-0.60.59-0.4
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-0.44-0.250.35-0.120.980.97-0.920.960.32-0.850.220.960.030.32-0.08-0.490.74-0.74-0.16-0.25-0.71-0.21-0.480.48-0.11
-0.110.290.06-0.030.080.23-0.130.220.0-0.050.220.270.020.280.280.220.07-0.110.30.0-0.050.0-0.26-0.10.04
-0.35-0.050.37-0.080.940.96-0.890.950.34-0.810.960.27-0.170.330.18-0.370.81-0.830.08-0.24-0.75-0.35-0.570.44-0.09
-0.27-0.32-0.04-0.10.010.020.09-0.01-0.140.050.030.02-0.170.35-0.28-0.19-0.490.45-0.210.080.330.620.3-0.210.11
0.270.30.580.450.290.32-0.010.370.420.170.320.280.330.350.30.4-0.07-0.010.330.510.3-0.09-0.360.120.23
0.190.650.040.06-0.070.00.140.02-0.030.18-0.080.280.18-0.280.30.320.01-0.170.990.060.0-0.4-0.23-0.330.21
0.820.670.410.7-0.52-0.430.56-0.360.380.76-0.490.22-0.37-0.190.40.32-0.250.20.380.690.570.04-0.320.040.15
-0.110.060.350.010.730.77-0.850.790.41-0.760.740.070.81-0.49-0.070.01-0.25-0.94-0.09-0.25-0.89-0.23-0.680.59-0.19
0.19-0.03-0.42-0.07-0.75-0.790.85-0.8-0.470.75-0.74-0.11-0.830.45-0.01-0.170.2-0.94-0.070.210.850.240.71-0.620.28
0.230.66-0.010.04-0.16-0.070.23-0.05-0.090.27-0.160.30.08-0.210.330.990.38-0.09-0.070.080.09-0.35-0.16-0.410.3
0.650.330.720.9-0.25-0.290.4-0.220.680.56-0.250.0-0.240.080.510.060.69-0.250.210.080.550.01-0.370.36-0.27
0.460.15-0.020.35-0.7-0.740.9-0.73-0.090.91-0.71-0.05-0.750.330.30.00.57-0.890.850.090.550.140.42-0.360.21
-0.01-0.03-0.11-0.05-0.26-0.140.09-0.14-0.110.09-0.210.0-0.350.62-0.09-0.40.04-0.230.24-0.350.010.140.09-0.050.02
-0.3-0.46-0.79-0.6-0.44-0.480.47-0.53-0.80.28-0.48-0.26-0.570.3-0.36-0.23-0.32-0.680.71-0.16-0.370.420.09-0.610.32
-0.01-0.260.780.590.510.46-0.540.490.85-0.40.48-0.10.44-0.210.12-0.330.040.59-0.62-0.410.36-0.36-0.05-0.61-0.66
0.270.35-0.45-0.4-0.13-0.030.25-0.02-0.550.26-0.110.04-0.090.110.230.210.15-0.190.280.3-0.270.210.020.32-0.66
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Westport Fuel Account Relationship Matchups

Westport Fuel income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization16.3M14.8M13.9M11.3M12.5M8.5M
Interest Expense7.3M8.0M4.9M3.4M3.0M4.3M
Total Revenue305.3M252.5M312.4M305.7M331.8M348.4M
Other Operating Expenses327.8M278.3M344.6M349.5M377.7M396.6M
Operating Income8.4M(1.8M)2.9M(43.8M)(45.9M)(48.2M)
Ebit8.4M(23.1M)(23.1M)(26.8M)(46.3M)(48.7M)
Research Development25.2M21.0M25.2M23.5M26.0M33.4M
Ebitda24.7M(8.4M)(9.2M)(15.5M)(33.9M)(35.5M)
Cost Of Revenue237.1M213.0M264.3M269.5M282.9M297.0M
Total Operating Expenses90.7M65.4M80.4M80.0M97.4M77.1M
Income Before Tax2.1M(5.9M)5.5M(31.3M)(48.7M)(51.2M)
Total Other Income Expense Net(6.2M)(4.2M)2.6M12.5M(2.8M)(2.7M)
Net Income188K(7.4M)13.7M(32.7M)(49.7M)(52.2M)
Income Tax Expense2.0M1.4M(8.1M)1.4M1.0M1.3M
Gross Profit68.3M39.5M48.2M36.2M48.9M33.5M
Selling General Administrative41.3M26.6M36.3M37.0M44.2M32.1M
Net Income From Continuing Ops188K(7.4M)13.7M(32.7M)(52.7M)(50.0M)
Net Income Applicable To Common Shares41K(7.4M)13.7M(32.7M)(29.4M)(30.9M)
Selling And Marketing Expenses16.4M11.5M13.5M15.1M16.3M14.4M
Tax Provision2.0M1.4M(8.1M)1.4M1.6M1.7M
Interest Income4.1M2K1.4M1.4M2.2M2.2M
Net Interest Income(3.2M)(8.0M)(3.5M)(1.9M)(541K)(568.1K)
Reconciled Depreciation16.3M14.0M14.0M11.8M12.0M11.4M

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Additional Tools for Westport Stock Analysis

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