Xos Historical Income Statement

XOS Stock  USD 4.54  0.48  11.82%   
Historical analysis of Xos income statement accounts such as Interest Expense of 4 M, Depreciation And Amortization of 5.1 M, Selling General Administrative of 25 M or Selling And Marketing Expenses of 4.7 M can show how well Xos Inc performed in making a profits. Evaluating Xos income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Xos's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Xos Inc 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 Xos Inc 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 Xos Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

About Xos Income Statement Analysis

Xos Inc 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 Xos shareholders. The income statement also shows Xos 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).

Xos Income Statement Chart

At this time, Xos' Depreciation And Amortization is comparatively stable compared to the past year. Total Revenue is likely to gain to about 46.7 M in 2024, whereas Interest Expense is likely to drop slightly above 4 M in 2024.

Total Revenue

Total revenue comprises all receipts Xos Inc 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 Xos Inc. It is also known as Xos 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 Xos' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Xos Inc 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 Xos Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
At this time, Xos' Depreciation And Amortization is comparatively stable compared to the past year. Total Revenue is likely to gain to about 46.7 M in 2024, whereas Interest Expense is likely to drop slightly above 4 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses50.8M81.3M63.7M46.8M
Cost Of Revenue7.4M66.4M45.8M27.0M

Xos income statement Correlations

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-0.850.850.851.0-0.450.86-0.850.79-0.830.860.84-0.93-0.02-0.93-0.90.93-0.85
-0.970.850.970.86-0.670.98-0.970.97-0.970.920.99-0.730.46-0.73-0.650.89-0.96
-0.990.850.970.87-0.791.0-0.990.97-0.990.970.98-0.810.39-0.81-0.720.88-0.9
-0.861.00.860.87-0.490.88-0.860.81-0.850.880.85-0.94-0.01-0.94-0.910.94-0.85
0.78-0.45-0.67-0.79-0.49-0.770.78-0.740.79-0.81-0.720.54-0.460.540.47-0.50.54
-0.980.860.981.00.88-0.77-0.980.97-0.980.980.99-0.810.38-0.8-0.730.9-0.91
1.0-0.85-0.97-0.99-0.860.78-0.98-0.981.0-0.94-0.980.76-0.450.760.68-0.830.94
-0.980.790.970.970.81-0.740.97-0.98-0.980.890.99-0.680.55-0.68-0.570.8-0.95
1.0-0.83-0.97-0.99-0.850.79-0.981.0-0.98-0.94-0.980.75-0.480.750.66-0.820.93
-0.940.860.920.970.88-0.810.98-0.940.89-0.940.92-0.870.23-0.87-0.820.91-0.81
-0.980.840.990.980.85-0.720.99-0.980.99-0.980.92-0.730.49-0.73-0.640.86-0.96
0.76-0.93-0.73-0.81-0.940.54-0.810.76-0.680.75-0.87-0.730.221.00.99-0.90.66
-0.45-0.020.460.39-0.01-0.460.38-0.450.55-0.480.230.490.220.230.340.03-0.5
0.76-0.93-0.73-0.81-0.940.54-0.80.76-0.680.75-0.87-0.731.00.230.99-0.90.65
0.68-0.9-0.65-0.72-0.910.47-0.730.68-0.570.66-0.82-0.640.990.340.99-0.860.57
-0.830.930.890.880.94-0.50.9-0.830.8-0.820.910.86-0.90.03-0.9-0.86-0.82
0.94-0.85-0.96-0.9-0.850.54-0.910.94-0.950.93-0.81-0.960.66-0.50.650.57-0.82
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Xos Account Relationship Matchups

Xos income statement Accounts

201920202021202220232024 (projected)
Ebit(4.4M)(11.9M)(53.2M)(111.3M)(65.0M)(68.2M)
Net Income Applicable To Common Shares(4.9M)(16.7M)23.4M(73.3M)(66.0M)(62.7M)

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Additional Tools for Xos Stock Analysis

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