88E Historical Income Statement
88E Stock | 0.09 0 2.78% |
Historical analysis of 88 Energy income statement accounts such as Interest Expense of 8.1 K, Total Revenue of 0.0 or Other Operating Expenses of 16.8 M can show how well 88 Energy performed in making a profits. Evaluating 88 Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of 88 Energy's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining 88 Energy 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 88 Energy is a good buy for the upcoming year.
88E |
About 88E Income Statement Analysis
88 Energy 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 88 Energy shareholders. The income statement also shows 88E 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).
88 Energy Income Statement Chart
Add Fundamental
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of 88 Energy. It is also known as 88 Energy 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.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Cost Of Revenue
Cost of Revenue is found on 88 Energy income statement and represents the costs associated with goods and services 88 Energy 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 88 Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into 88 Energy 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in 88 Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At present, 88 Energy's Total Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Total Other Income Expense Net is expected to grow to about 1.6 M, whereas Interest Expense is forecasted to decline to 8,117.
2023 | 2024 (projected) | Reconciled Depreciation | 66.8K | 41.3K | Interest Income | 500.9K | 526.0K |
88 Energy income statement Correlations
Click cells to compare fundamentals
88 Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
88 Energy income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 29.5M | (4.5M) | 4.7M | 68.7M | 9.6M | 8.5M | |
Interest Expense | 3.1M | 2.6M | 1.2M | 8.6K | 8.5K | 8.1K | |
Total Revenue | 6.4K | 50.6K | 58.1K | 5.2K | 4.4M | 2.5K | |
Gross Profit | 35.9K | (93.4K) | (84.4K) | (57.8K) | (64.2K) | (67.4K) | |
Other Operating Expenses | 3.4M | 3.5M | 5.9M | 5.9M | 16.0M | 16.8M | |
Operating Income | (33.7M) | (19.4M) | (1.2M) | (5.9M) | (16.0M) | (15.2M) | |
Ebit | (63.2M) | (19.4M) | (1.2M) | (70.8M) | (16.5M) | (17.4M) | |
Ebitda | (33.7M) | (24.0M) | 3.5M | (2.1M) | (7.0M) | (7.3M) | |
Total Operating Expenses | 3.3M | 3.4M | 5.8M | 5.8M | 16.0M | 16.8M | |
Income Before Tax | (36.8M) | (22.0M) | (2.4M) | (70.7M) | (14.4M) | (15.2M) | |
Total Other Income Expense Net | (33.5M) | (2.6M) | (1.2M) | 3.7M | 1.6M | 1.6M | |
Net Income | (39.8M) | (24.6M) | (3.6M) | (135.6M) | (14.4M) | (15.2M) | |
Income Tax Expense | 3.0M | 2.6M | 1.2M | 64.8M | (543.2K) | (516.0K) | |
Selling General Administrative | 1.2M | 1.4M | 3.0M | 2.8M | 2.7M | 2.4M | |
Cost Of Revenue | 58.1K | 93.4K | 84.4K | 60.3K | 64.2K | 48.1K | |
Net Income From Continuing Ops | (36.8M) | (22.0M) | (2.4M) | (70.7M) | (14.4M) | (15.2M) | |
Net Income Applicable To Common Shares | (36.8M) | (22.0M) | (2.4M) | (70.7M) | (63.6M) | (60.5M) | |
Net Interest Income | (3.1M) | (2.6M) | (1.2M) | 10.7K | 492.4K | 517.0K | |
Interest Income | 20.5K | 5.2K | 1.4K | 19.3K | 500.9K | 526.0K |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in 88E Stock
88 Energy 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 88 Energy shareholders. The income statement also shows 88E 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).