XTKG Historical Income Statement
| XTKG Stock | 2.11 2.00 1,818% |
Historical analysis of X3 Holdings income statement accounts such as Depreciation And Amortization of 3.1 M, Selling General Administrative of 14.1 M, Selling And Marketing Expenses of 1.8 M or Total Revenue of 17.2 M can show how well X3 Holdings Co performed in making a profits. Evaluating X3 Holdings income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of X3 Holdings's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining X3 Holdings 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 X3 Holdings is a good buy for the upcoming year.
XTKG |
About XTKG Income Statement Analysis
X3 Holdings 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 X3 Holdings shareholders. The income statement also shows XTKG 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).
X3 Holdings Income Statement Chart
Add Fundamental
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.Total Revenue
Total revenue comprises all receipts X3 Holdings 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 X3 Holdings Co minus its cost of goods sold. It is profit before X3 Holdings 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.Most accounts from X3 Holdings' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into X3 Holdings 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 X3 Holdings Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. At this time, X3 Holdings' Gross Profit is most likely to decrease significantly in the upcoming years. The X3 Holdings' current Minority Interest is estimated to increase to about 13.3 M, while Depreciation And Amortization is projected to decrease to roughly 3.1 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 10.7M | 3.8M | 3.4M | 5.5M | Total Revenue | 32.1M | 10.5M | 16.8M | 17.2M |
X3 Holdings income statement Correlations
Click cells to compare fundamentals
X3 Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
When determining whether X3 Holdings is a strong investment it is important to analyze X3 Holdings' 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 X3 Holdings' future performance. For an informed investment choice regarding XTKG Stock, refer to the following important reports:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in X3 Holdings Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Systems Software 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 X3 Holdings. If investors know XTKG 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 X3 Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.36) | Revenue Per Share 0.547 | Quarterly Revenue Growth 1.955 | Return On Assets (0.09) | Return On Equity (0.99) |
The market value of X3 Holdings is measured differently than its book value, which is the value of XTKG that is recorded on the company's balance sheet. Investors also form their own opinion of X3 Holdings' value that differs from its market value or its book value, called intrinsic value, which is X3 Holdings' 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 X3 Holdings' market value can be influenced by many factors that don't directly affect X3 Holdings' 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 X3 Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if X3 Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, X3 Holdings' 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.