BioAffinity Historical Income Statement

BIAF Stock  USD 1.20  0.02  1.64%   
Historical analysis of BioAffinity Technologies, income statement accounts such as Interest Expense of 35.3 K, Gross Profit of 831.2 K or Other Operating Expenses of 11 M can show how well bioAffinity Technologies, performed in making a profits. Evaluating BioAffinity Technologies, income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of BioAffinity Technologies,'s future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining bioAffinity Technologies, 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 bioAffinity Technologies, is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in bioAffinity Technologies,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more detail on how to invest in BioAffinity Stock please use our How to Invest in BioAffinity Technologies, guide.

About BioAffinity Income Statement Analysis

bioAffinity Technologies, 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 BioAffinity Technologies, shareholders. The income statement also shows BioAffinity 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).

BioAffinity Technologies, Income Statement Chart

At this time, BioAffinity Technologies,'s Other Operating Expenses is most likely to increase significantly in the upcoming years. The BioAffinity Technologies,'s current Cost Of Revenue is estimated to increase to about 1.8 M, while Operating Income is forecasted to increase to (7.6 M).

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of bioAffinity Technologies,. It is also known as BioAffinity Technologies, 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.

Cost Of Revenue

Cost of Revenue is found on bioAffinity Technologies, income statement and represents the costs associated with goods and services BioAffinity Technologies, 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.

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 BioAffinity Technologies,'s income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into bioAffinity Technologies, 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 bioAffinity Technologies,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more detail on how to invest in BioAffinity Stock please use our How to Invest in BioAffinity Technologies, guide.At this time, BioAffinity Technologies,'s Other Operating Expenses is most likely to increase significantly in the upcoming years. The BioAffinity Technologies,'s current Cost Of Revenue is estimated to increase to about 1.8 M, while Operating Income is forecasted to increase to (7.6 M).
 2021 2022 2023 2024 (projected)
Interest Expense1.0M2.5M37.1K35.3K
Depreciation And Amortization4.8K10.2K249.6K262.1K

BioAffinity Technologies, income statement Correlations

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0.98-0.180.99-0.99-0.82-0.41-0.80.990.83-0.640.27-0.640.990.990.310.990.99-0.280.98
-0.970.14-0.97-0.990.820.370.8-0.97-0.880.63-0.280.63-0.98-0.98-0.26-0.99-0.990.33-0.97
-0.76-0.06-0.82-0.820.820.541.0-0.8-0.680.850.180.85-0.8-0.81-0.09-0.85-0.850.44-0.79
-0.28-0.6-0.45-0.410.370.540.55-0.39-0.130.860.630.86-0.37-0.390.49-0.52-0.510.14-0.28
-0.75-0.07-0.81-0.80.81.00.55-0.79-0.670.850.20.85-0.78-0.79-0.07-0.84-0.840.45-0.78
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0.8-0.080.810.83-0.88-0.68-0.13-0.670.81-0.520.24-0.530.810.810.190.830.83-0.240.8
-0.53-0.45-0.68-0.640.630.850.860.85-0.63-0.520.561.0-0.61-0.630.3-0.74-0.730.25-0.55
0.38-0.710.210.27-0.280.180.630.20.270.240.560.560.30.270.660.140.15-0.060.36
-0.53-0.44-0.68-0.640.630.850.860.85-0.63-0.531.00.56-0.61-0.630.29-0.74-0.730.25-0.55
1.0-0.280.990.99-0.98-0.8-0.37-0.781.00.81-0.610.3-0.611.00.410.970.97-0.170.99
0.99-0.261.00.99-0.98-0.81-0.39-0.791.00.81-0.630.27-0.631.00.40.970.97-0.180.99
0.48-0.990.340.31-0.26-0.090.49-0.070.390.190.30.660.290.410.40.170.180.380.48
0.95-0.030.980.99-0.99-0.85-0.52-0.840.970.83-0.740.14-0.740.970.970.171.0-0.310.94
0.95-0.050.980.99-0.99-0.85-0.51-0.840.970.83-0.730.15-0.730.970.970.181.0-0.310.95
-0.17-0.39-0.16-0.280.330.440.140.45-0.16-0.240.25-0.060.25-0.17-0.180.38-0.31-0.31-0.19
1.0-0.360.980.98-0.97-0.79-0.28-0.780.990.8-0.550.36-0.550.990.990.480.940.95-0.19
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BioAffinity Technologies, Account Relationship Matchups

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When determining whether bioAffinity Technologies, is a strong investment it is important to analyze BioAffinity Technologies,'s 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 BioAffinity Technologies,'s future performance. For an informed investment choice regarding BioAffinity Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in bioAffinity Technologies,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more detail on how to invest in BioAffinity Stock please use our How to Invest in BioAffinity Technologies, guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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 BioAffinity Technologies,. If investors know BioAffinity 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 BioAffinity Technologies, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.91)
Revenue Per Share
0.744
Quarterly Revenue Growth
120.474
Return On Assets
(0.70)
Return On Equity
(1.52)
The market value of bioAffinity Technologies, is measured differently than its book value, which is the value of BioAffinity that is recorded on the company's balance sheet. Investors also form their own opinion of BioAffinity Technologies,'s value that differs from its market value or its book value, called intrinsic value, which is BioAffinity Technologies,'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 BioAffinity Technologies,'s market value can be influenced by many factors that don't directly affect BioAffinity Technologies,'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 BioAffinity Technologies,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if BioAffinity Technologies, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BioAffinity Technologies,'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.