ZoomerMedia Net Income From Continuing Ops vs Net Income Analysis

ZUM Stock  CAD 0.08  0.00  0.00%   
ZoomerMedia financial indicator trend analysis is more than just analyzing ZoomerMedia Limited current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ZoomerMedia Limited is a good investment. Please check the relationship between ZoomerMedia Net Income From Continuing Ops and its Net Income accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZoomerMedia Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Income From Continuing Ops vs Net Income

Net Income From Continuing Ops vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ZoomerMedia Limited Net Income From Continuing Ops account and Net Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between ZoomerMedia's Net Income From Continuing Ops and Net Income is 0.88. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Net Income in the same time period over historical financial statements of ZoomerMedia Limited, assuming nothing else is changed. The correlation between historical values of ZoomerMedia's Net Income From Continuing Ops and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of ZoomerMedia Limited are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Net Income From Continuing Ops i.e., ZoomerMedia's Net Income From Continuing Ops and Net Income go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Net Income From Continuing Ops

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in ZoomerMedia Limited financial statement analysis. It represents the amount of money remaining after all of ZoomerMedia Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from ZoomerMedia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ZoomerMedia Limited current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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 ZoomerMedia Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, ZoomerMedia's Discontinued Operations is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 4.63 in 2024, whereas Tax Provision is likely to drop slightly above 338 K in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue54.2M63.4M72.9M76.5M
Depreciation And Amortization9.6M10.5M12.0M12.7M

ZoomerMedia fundamental ratios Correlations

0.840.530.450.850.860.79-0.130.570.20.950.090.240.530.540.280.170.930.430.110.450.890.70.510.050.38
0.840.440.420.60.770.8-0.150.470.070.850.20.060.430.370.370.250.870.220.170.370.840.640.480.030.32
0.530.440.720.240.550.56-0.680.75-0.110.60.67-0.150.660.570.610.640.630.080.340.10.470.010.86-0.25-0.07
0.450.420.720.190.590.53-0.690.74-0.170.510.78-0.180.60.570.650.230.540.10.830.190.25-0.110.72-0.26-0.28
0.850.60.240.190.570.39-0.060.390.40.69-0.280.490.510.64-0.07-0.110.60.63-0.130.690.590.650.240.120.61
0.860.770.550.590.570.81-0.070.60.250.830.310.240.320.370.340.140.920.360.340.310.840.460.42-0.150.23
0.790.80.560.530.390.81-0.10.4-0.280.920.43-0.270.330.180.440.270.94-0.10.4-0.040.880.650.61-0.04-0.01
-0.13-0.15-0.68-0.69-0.06-0.07-0.1-0.590.27-0.19-0.720.33-0.71-0.62-0.51-0.32-0.120.05-0.47-0.160.120.37-0.750.420.14
0.570.470.750.740.390.60.4-0.590.280.480.540.250.70.690.750.450.580.520.30.390.41-0.140.7-0.13-0.04
0.20.07-0.11-0.170.40.25-0.280.270.28-0.11-0.50.97-0.010.25-0.11-0.030.040.89-0.440.630.12-0.09-0.370.220.48
0.950.850.60.510.690.830.92-0.190.48-0.110.28-0.070.520.430.320.220.950.130.250.230.90.730.64-0.050.23
0.090.20.670.78-0.280.310.43-0.720.54-0.50.28-0.580.380.210.650.360.32-0.370.73-0.260.08-0.340.74-0.53-0.48
0.240.06-0.15-0.180.490.24-0.270.330.250.97-0.07-0.580.00.3-0.21-0.140.040.92-0.450.670.130.02-0.390.220.54
0.530.430.660.60.510.320.33-0.710.7-0.010.520.380.00.910.450.310.430.360.20.510.290.080.81-0.110.15
0.540.370.570.570.640.370.18-0.620.690.250.430.210.30.910.240.10.360.60.140.720.210.060.6-0.180.38
0.280.370.610.65-0.070.340.44-0.510.75-0.110.320.65-0.210.450.240.640.460.050.44-0.080.3-0.210.670.14-0.48
0.170.250.640.23-0.110.140.27-0.320.45-0.030.220.36-0.140.310.10.640.33-0.05-0.07-0.080.31-0.120.560.18-0.33
0.930.870.630.540.60.920.94-0.120.580.040.950.320.040.430.360.460.330.220.250.220.950.630.590.010.17
0.430.220.080.10.630.36-0.10.050.520.890.13-0.370.920.360.60.05-0.050.22-0.280.790.220.04-0.070.220.51
0.110.170.340.83-0.130.340.4-0.470.3-0.440.250.73-0.450.20.140.44-0.070.25-0.28-0.15-0.02-0.150.42-0.24-0.52
0.450.370.10.190.690.31-0.04-0.160.390.630.23-0.260.670.510.72-0.08-0.080.220.79-0.150.190.160.080.050.61
0.890.840.470.250.590.840.880.120.410.120.90.080.130.290.210.30.310.950.22-0.020.190.740.420.10.3
0.70.640.01-0.110.650.460.650.37-0.14-0.090.73-0.340.020.080.06-0.21-0.120.630.04-0.150.160.740.070.260.45
0.510.480.860.720.240.420.61-0.750.7-0.370.640.74-0.390.810.60.670.560.59-0.070.420.080.420.07-0.25-0.2
0.050.03-0.25-0.260.12-0.15-0.040.42-0.130.22-0.05-0.530.22-0.11-0.180.140.180.010.22-0.240.050.10.26-0.25-0.18
0.380.32-0.07-0.280.610.23-0.010.14-0.040.480.23-0.480.540.150.38-0.48-0.330.170.51-0.520.610.30.45-0.2-0.18
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ZoomerMedia Account Relationship Matchups

ZoomerMedia fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets85.2M88.6M92.5M103.8M119.4M125.3M
Other Current Liab3.5M4.0M2.1M4.4M4.0M3.2M
Total Current Liabilities13.0M14.9M11.5M12.6M14.5M10.0M
Total Stockholder Equity50.2M52.9M54.6M54.2M62.4M65.5M
Property Plant And Equipment Net26.4M25.1M23.7M22.7M26.1M27.4M
Net Debt6.2M6.4M16.1M31.8M36.5M38.3M
Retained Earnings(16.7M)(14.8M)(13.5M)(15.8M)(14.2M)(14.9M)
Accounts Payable4.9M6.8M4.8M4.0M4.6M3.5M
Cash17.7M16.7M11.1M4.4M5.1M4.0M
Non Current Assets Total46.4M44.8M59.2M79.9M91.9M96.4M
Non Currrent Assets Other738.5K406.7K437.3K580.0K522.0K495.9K
Cash And Short Term Investments28.1M33.3M20.9M10.9M12.5M6.8M
Net Receivables10.0M7.9M11.1M11.8M13.5M7.1M
Common Stock Shares Outstanding657.0M658.3M661.4M681.1M783.3M405.4M
Liabilities And Stockholders Equity85.2M88.6M92.5M103.8M119.4M125.3M
Other Current Assets773.1K3.0M2.0M1.3M1.2M1.5M
Other Stockholder Equity3.8M4.1M4.4M4.6M4.2M3.9M
Total Liab37.2M37.7M39.7M51.5M59.3M62.2M
Total Current Assets38.7M43.8M33.2M23.9M27.5M14.8M
Short Term Debt863.4K982.4K1.0M1.3M1.2M2.1M
Current Deferred Revenue3.7M3.1M3.5M2.9M3.3M2.0M
Non Current Liabilities Total24.1M22.8M28.2M38.9M44.8M47.0M
Intangible Assets14.3M13.1M19.8M26.9M24.2M19.8M
Inventory(159.5K)(329.2K)(619.8K)(37.4K)(43.0K)(45.2K)
Other Liab1.6M1.1M772.2K2.1M1.9M1.2M
Net Tangible Assets23.1M33.2M37.0M21.8M25.1M22.4M
Other Assets3.7M3.0M3.8M2.8M2.5M3.8M
Property Plant Equipment3.8M26.4M25.1M23.7M27.2M16.5M
Short Term Investments10.4M16.6M9.8M6.5M7.4M8.7M
Net Invested Capital50.2M52.9M59.6M68.4M78.7M55.8M
Net Working Capital25.7M28.9M21.8M11.3M13.0M20.0M

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