AfriTin Historical Income Statement
ATM Stock | 2.30 0.15 6.12% |
Historical analysis of AfriTin Mining income statement accounts such as Selling General Administrative of 8.5 M, Selling And Marketing Expenses of 14.2 M or Total Revenue of 27.8 M can show how well AfriTin Mining performed in making a profits. Evaluating AfriTin Mining income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of AfriTin Mining's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining AfriTin Mining 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 AfriTin Mining is a good buy for the upcoming year.
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About AfriTin Income Statement Analysis
AfriTin Mining 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 AfriTin Mining shareholders. The income statement also shows AfriTin 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).
AfriTin Mining Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of AfriTin Mining. It is also known as AfriTin Mining 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.Most accounts from AfriTin Mining's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into AfriTin Mining 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 AfriTin Mining. 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, AfriTin Mining's Selling And Marketing Expenses is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 27.8 M, whereas Operating Income is forecasted to decline to (21.7 M).
2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 1.9M | 2.4M | 3.4M | 3.5M | Interest Income | 6.5K | 39.1K | 212.0K | 222.6K |
AfriTin Mining income statement Correlations
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AfriTin Mining Account Relationship Matchups
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AfriTin Mining income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 378.0 | 22.8K | 906.1K | 1.9M | 2.4M | 3.5M | |
Selling General Administrative | 725.3K | 534.7K | 1.1M | 2.2M | 3.4M | 5.0M | |
Total Revenue | 17.8K | 26.8K | 5.0M | 13.6M | 9.8M | 18.0M | |
Gross Profit | 17.4K | 4.0K | (2.6K) | 4.3M | (681.9K) | 1.7M | |
Other Operating Expenses | 1.6M | 1.1M | 7.5M | 12.9M | 17.5M | 26.1M | |
Operating Income | (1.5M) | (1.1M) | (5.6M) | 699.6K | (8.3M) | (8.1M) | |
Ebit | (1.6M) | (1.1M) | (5.6M) | 694.1K | (8.3M) | (7.8M) | |
Ebitda | (1.6M) | (1.0M) | (4.7M) | 2.6M | (5.9M) | (4.4M) | |
Cost Of Revenue | 378.0 | 22.8K | 5.0M | 9.3M | 10.5M | 16.2M | |
Total Operating Expenses | 1.6M | 1.1M | 2.5M | 3.6M | 7.0M | 9.9M | |
Income Before Tax | (1.5M) | (1.1M) | (5.8M) | 389.8K | (9.0M) | (8.9M) | |
Total Other Income Expense Net | 2.0 | 13.4K | (184.3K) | (309.8K) | (630.8K) | (728.6K) | |
Net Income | (1.5M) | (1.1M) | (5.7M) | (815.6K) | (7.8M) | (8.4M) | |
Income Tax Expense | (30.0K) | 2.2M | 1.0M | 864.2K | (866.2K) | (763.7K) |
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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 AfriTin Stock
AfriTin Mining 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 AfriTin Mining shareholders. The income statement also shows AfriTin 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).