Amarin Historical Income Statement

AMRN Stock

USD 0.50 0.03 5.66%

Historical analysis of Amarin PLC income statement accounts such as Interest Expense of 7.6 K, Selling General Administrative of 68.4 M or Total Revenue of 322.3 M can show how well Amarin PLC performed in making a profits. Evaluating Amarin PLC income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Amarin PLC's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Amarin PLC 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 Amarin PLC is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amarin PLC. 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.

To learn how to invest in Amarin Stock, please use our How to Invest in Amarin PLC guide.

About Amarin Income Statement Analysis

Amarin PLC 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 Amarin PLC shareholders. The income statement also shows Amarin 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).

Amarin PLC Income Statement Chart

At this time, Amarin PLC's Research Development is very stable compared to the past year. As of the 26th of November 2024, Interest Income is likely to grow to about 10.5 M, while Depreciation And Amortization is likely to drop about 1.6 M.

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses

Total Revenue

Total revenue comprises all receipts Amarin PLC 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 Amarin PLC minus its cost of goods sold. It is profit before Amarin PLC 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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Amarin PLC. It is also known as Amarin PLC 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 Amarin PLC's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Amarin PLC 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 Amarin PLC. 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.

To learn how to invest in Amarin Stock, please use our How to Invest in Amarin PLC guide.At this time, Amarin PLC's Research Development is very stable compared to the past year. As of the 26th of November 2024, Interest Income is likely to grow to about 10.5 M, while Depreciation And Amortization is likely to drop about 1.6 M.

	2021	2022	2023	2024 (projected)
Interest Expense	129K	15K	8K	7.6K
Depreciation And Amortization	2.9M	3.1M	3.0M	1.6M

Interest Expense Depreciation And Amortization

Amarin PLC income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Research Development	Net Income From Continuing Ops	Tax Provision	Interest Income	Selling And Marketing Expenses	Net Interest Income	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		-0.44	-0.04	0.63	0.53	0.65	0.17	0.16	0.18	0.76	0.61	0.24	0.16	0.25	-0.1	-0.41	0.45	-0.21	-0.26	0.5	0.69	0.96	0.47
Interest Expense	-0.44		0.04	-0.55	-0.47	-0.4	-0.74	-0.75	-0.76	-0.61	-0.33	-0.69	0.39	-0.67	-0.2	0.9	-0.37	0.04	0.38	-0.49	-0.65	-0.59	-0.34
Selling General Administrative	-0.04	0.04		0.51	0.56	0.56	0.05	0.06	0.06	0.33	0.59	0.1	0.09	0.11	-0.17	0.17	0.5	0.22	-0.45	0.62	0.38	0.03	-0.14
Total Revenue	0.63	-0.55	0.51		0.97	0.97	0.53	0.52	0.54	0.87	0.96	0.54	-0.05	0.54	0.03	-0.36	0.83	0.19	-0.68	0.93	0.82	0.72	0.16
Gross Profit	0.53	-0.47	0.56	0.97		0.92	0.55	0.53	0.54	0.73	0.93	0.55	-0.09	0.55	-0.02	-0.28	0.79	0.28	-0.67	0.92	0.67	0.59	-0.03
Other Operating Expenses	0.65	-0.4	0.56	0.97	0.92		0.3	0.31	0.32	0.88	0.99	0.35	0.07	0.36	-0.04	-0.19	0.79	0.14	-0.67	0.89	0.83	0.72	0.19
Operating Income	0.17	-0.74	0.05	0.53	0.55	0.3		0.99	0.99	0.35	0.27	0.93	-0.32	0.91	0.22	-0.76	0.53	0.26	-0.34	0.52	0.34	0.29	0.0
Ebit	0.16	-0.75	0.06	0.52	0.53	0.31	0.99		1.0	0.38	0.27	0.94	-0.29	0.92	0.23	-0.77	0.55	0.21	-0.32	0.53	0.38	0.28	0.09
Ebitda	0.18	-0.76	0.06	0.54	0.54	0.32	0.99	1.0		0.39	0.28	0.94	-0.29	0.93	0.23	-0.78	0.56	0.2	-0.32	0.54	0.4	0.3	0.11
Cost Of Revenue	0.76	-0.61	0.33	0.87	0.73	0.88	0.35	0.38	0.39		0.83	0.41	0.04	0.4	0.11	-0.47	0.73	-0.03	-0.59	0.77	0.98	0.87	0.55
Total Operating Expenses	0.61	-0.33	0.59	0.96	0.93	0.99	0.27	0.27	0.28	0.83		0.31	0.07	0.32	-0.06	-0.1	0.77	0.15	-0.66	0.88	0.78	0.66	0.13
Income Before Tax	0.24	-0.69	0.1	0.54	0.55	0.35	0.93	0.94	0.94	0.41	0.31		0.03	1.0	0.05	-0.74	0.64	0.18	-0.32	0.54	0.41	0.32	0.12
Total Other Income Expense Net	0.16	0.39	0.09	-0.05	-0.09	0.07	-0.32	-0.29	-0.29	0.04	0.07	0.03		0.07	-0.45	0.27	0.24	-0.12	0.09	-0.06	0.02	0.03	0.15
Net Income	0.25	-0.67	0.11	0.54	0.55	0.36	0.91	0.92	0.93	0.4	0.32	1.0	0.07		-0.04	-0.73	0.63	0.13	-0.28	0.55	0.4	0.32	0.1
Income Tax Expense	-0.1	-0.2	-0.17	0.03	-0.02	-0.04	0.22	0.23	0.23	0.11	-0.06	0.05	-0.45	-0.04		-0.1	0.1	0.59	-0.46	-0.11	0.14	0.08	0.21
Research Development	-0.41	0.9	0.17	-0.36	-0.28	-0.19	-0.76	-0.77	-0.78	-0.47	-0.1	-0.74	0.27	-0.73	-0.1		-0.27	0.15	0.12	-0.37	-0.5	-0.53	-0.39
Net Income From Continuing Ops	0.45	-0.37	0.5	0.83	0.79	0.79	0.53	0.55	0.56	0.73	0.77	0.64	0.24	0.63	0.1	-0.27		0.28	-0.6	0.74	0.69	0.52	0.24
Tax Provision	-0.21	0.04	0.22	0.19	0.28	0.14	0.26	0.21	0.2	-0.03	0.15	0.18	-0.12	0.13	0.59	0.15	0.28		-0.71	0.06	-0.07	-0.09	-0.39
Interest Income	-0.26	0.38	-0.45	-0.68	-0.67	-0.67	-0.34	-0.32	-0.32	-0.59	-0.66	-0.32	0.09	-0.28	-0.46	0.12	-0.6	-0.71		-0.49	-0.55	-0.43	-0.04
Selling And Marketing Expenses	0.5	-0.49	0.62	0.93	0.92	0.89	0.52	0.53	0.54	0.77	0.88	0.54	-0.06	0.55	-0.11	-0.37	0.74	0.06	-0.49		0.74	0.57	0.06
Net Interest Income	0.69	-0.65	0.38	0.82	0.67	0.83	0.34	0.38	0.4	0.98	0.78	0.41	0.02	0.4	0.14	-0.5	0.69	-0.07	-0.55	0.74		0.81	0.61
Reconciled Depreciation	0.96	-0.59	0.03	0.72	0.59	0.72	0.29	0.28	0.3	0.87	0.66	0.32	0.03	0.32	0.08	-0.53	0.52	-0.09	-0.43	0.57	0.81		0.53
Extraordinary Items	0.47	-0.34	-0.14	0.16	-0.03	0.19	0.0	0.09	0.11	0.55	0.13	0.12	0.15	0.1	0.21	-0.39	0.24	-0.39	-0.04	0.06	0.61	0.53

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Amarin PLC Account Relationship Matchups

Amarin PLC income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	171.9K	2.1M	2.9M	3.1M	3.0M	1.6M
Interest Expense	6.6M	2.6M	129K	15K	8K	7.6K
Selling General Administrative	323.6M	112.7M	141.9M	118.8M	88.6M	68.4M
Total Revenue	429.8M	614.1M	583.2M	369.2M	306.9M	322.3M
Gross Profit	333.7M	482.6M	461.9M	242.5M	165.5M	101.4M
Other Operating Expenses	454.0M	633.7M	559.0M	461.5M	374.5M	393.2M
Operating Income	(24.3M)	(19.7M)	22.3M	(92.3M)	(67.6M)	(64.2M)
Ebit	(16.0M)	(14.8M)	11.4M	(103.7M)	(53.9M)	(51.2M)
Ebitda	(15.9M)	(12.7M)	14.3M	(100.6M)	(50.9M)	(48.4M)
Cost Of Revenue	96.0M	131.4M	121.3M	126.7M	141.4M	148.4M
Total Operating Expenses	358.0M	502.3M	437.6M	334.8M	272.4M	286.0M
Income Before Tax	(22.5M)	(17.3M)	11.3M	(103.8M)	(53.7M)	(56.4M)
Total Other Income Expense Net	1.8M	2.4M	789K	2.1M	13.9M	14.6M
Net Income	(22.6M)	(18M)	7.7M	(105.8M)	(59.1M)	(62.1M)
Income Tax Expense	164K	745K	3.6M	2.0M	5.4M	5.7M
Research Development	34.4M	39.0M	29.3M	30.4M	22.2M	29.6M
Net Income Applicable To Common Shares	(22.6M)	(18M)	7.7M	(105.8M)	(121.7M)	(127.8M)
Net Income From Continuing Ops	(22.6M)	(18M)	7.7M	(105.8M)	(52.5M)	(55.1M)
Tax Provision	164K	745K	3.6M	2.0M	(5.5M)	(5.2M)
Interest Income	8.5M	4.9M	1.2M	2.8M	10.0M	10.5M
Net Interest Income	1.9M	2.3M	1.1M	2.8M	10.0M	10.5M
Reconciled Depreciation	859K	2.0M	2.9M	3.1M	3.0M	2.1M

Pair Trading with Amarin PLC

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Amarin PLC position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Amarin PLC will appreciate offsetting losses from the drop in the long position's value.

Moving together with Amarin Stock

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0.67	JNJ	Johnson Johnson Sell-off Trend	Pair Corr

Moving against Amarin Stock

0.5	RNXT	RenovoRx	Pair Corr
0.44	MDGL	Madrigal Pharmaceuticals	Pair Corr

The ability to find closely correlated positions to Amarin PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amarin PLC when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Amarin PLC - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Amarin PLC to buy it.

The correlation of Amarin PLC is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Amarin PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amarin PLC moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Amarin PLC can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Amarin PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Amarin PLC's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Amarin Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Amarin Plc Stock:

How To Invest In Amarin

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Is Amarin Stock a good investment?

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What is Amarin PLC's Net Worth?

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To learn how to invest in Amarin Stock, please use our How to Invest in Amarin PLC guide.

You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.

Is Biotechnology 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 Amarin PLC. If investors know Amarin 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 Amarin PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.94)

Earnings Share

(0.10)

Revenue Per Share

0.588

Quarterly Revenue Growth

(0.36)

Return On Assets

(0.03)

The market value of Amarin PLC is measured differently than its book value, which is the value of Amarin that is recorded on the company's balance sheet. Investors also form their own opinion of Amarin PLC's value that differs from its market value or its book value, called intrinsic value, which is Amarin PLC's 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 Amarin PLC's market value can be influenced by many factors that don't directly affect Amarin PLC's 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 Amarin PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amarin PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amarin PLC's 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Amarin Historical Income Statement

About Amarin Income Statement Analysis

Amarin PLC Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Amarin PLC income statement Correlations

Amarin PLC Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Amarin PLC income statement Accounts

Pair Trading with Amarin PLC

Moving together with Amarin Stock

Moving against Amarin Stock

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Ebitda	+ 1.0	Ebit
Net Income	+ 1.0	Income Before Tax
Total Operating Expenses	+ 0.99	Other Operating Expenses
Ebit	+ 0.99	Operating Income
Ebitda	+ 0.99	Operating Income
Net Interest Income	+ 0.98	Cost Of Revenue

Research Development	- 0.78	Ebitda
Research Development	- 0.77	Ebit
Research Development	- 0.76	Operating Income
Ebitda	- 0.76	Interest Expense
Ebit	- 0.75	Interest Expense
Research Development	- 0.74	Income Before Tax