Duos Historical Income Statement

DUOT Stock

USD 4.91 0.02 0.41%

Historical analysis of Duos Technologies income statement accounts such as Total Revenue of 5.6 M or Gross Profit of 2 M can show how well Duos Technologies Group performed in making a profits. Evaluating Duos Technologies income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Duos Technologies'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 Duos 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 Duos Technologies is a good buy for the upcoming year.

Net Income Gross Profit

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Duos Technologies Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

About Duos Income Statement Analysis

Duos 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 Duos Technologies shareholders. The income statement also shows Duos 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).

Duos Technologies Income Statement Chart

At this time, Duos Technologies' Depreciation And Amortization is comparatively stable compared to the past year. Gross Profit is likely to gain to about 2 M in 2024, despite the fact that Operating Income is likely to grow to (10.9 M).

Total Revenue Other Operating Expenses Cost Of Revenue Total Operating Expenses

Total Revenue

Total revenue comprises all receipts Duos Technologies 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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Duos Technologies. It is also known as Duos 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 Duos Technologies income statement and represents the costs associated with goods and services Duos 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 Duos Technologies' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Duos 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Duos Technologies Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	4.9M	11.6M	12.8M	13.4M
Cost Of Revenue	10.8M	10.3M	6.2M	3.6M

Total Operating Expenses Cost Of Revenue

Duos Technologies income statement Correlations

	Depreciation And Amortization	Interest Expense	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	Selling General Administrative	Selling And Marketing Expenses	Research Development	Net Income From Continuing Ops	Non Recurring	Interest Income	Net Interest Income	Reconciled Depreciation	Non Operating Income Net Other
Depreciation And Amortization		-0.29	0.49	0.07	0.86	-0.95	-0.95	-0.94	0.62	0.87	-0.91	0.07	-0.92	-0.24	0.82	0.95	0.88	-0.9	-0.73	-0.69	0.38	0.93	-0.73
Interest Expense	-0.29		-0.14	-0.02	-0.15	0.09	0.09	0.07	-0.18	-0.1	-0.03	0.76	-0.03	0.98	-0.07	-0.32	-0.22	-0.04	0.15	0.77	-0.98	-0.3	0.15
Total Revenue	0.49	-0.14		0.71	0.85	-0.44	-0.43	-0.42	0.89	0.73	-0.42	-0.04	-0.42	-0.11	0.76	0.41	0.43	-0.34	-0.02	-0.63	0.3	0.6	-0.02
Gross Profit	0.07	-0.02	0.71		0.43	0.02	-0.02	-0.01	0.31	0.48	-0.03	-0.34	0.0	-0.13	0.57	-0.1	0.23	0.08	0.04	-0.27	0.12	0.09	0.04
Other Operating Expenses	0.86	-0.15	0.85	0.43		-0.84	-0.83	-0.83	0.86	0.95	-0.82	0.09	-0.82	-0.11	0.93	0.79	0.78	-0.76	-0.48	-0.7	0.31	0.86	-0.48
Operating Income	-0.95	0.09	-0.44	0.02	-0.84		0.99	0.99	-0.6	-0.86	0.99	-0.21	0.99	0.03	-0.79	-0.93	-0.86	0.97	0.72	0.54	-0.21	-0.89	0.72
Ebit	-0.95	0.09	-0.43	-0.02	-0.83	0.99		1.0	-0.56	-0.88	0.99	-0.21	0.99	0.05	-0.82	-0.93	-0.9	0.98	0.74	0.53	-0.19	-0.89	0.74
Ebitda	-0.94	0.07	-0.42	-0.01	-0.83	0.99	1.0		-0.55	-0.88	0.99	-0.22	0.99	0.03	-0.82	-0.92	-0.9	0.98	0.74	0.52	-0.17	-0.88	0.74
Cost Of Revenue	0.62	-0.18	0.89	0.31	0.86	-0.6	-0.56	-0.55		0.67	-0.54	0.16	-0.57	-0.07	0.65	0.62	0.43	-0.51	-0.05	-0.67	0.32	0.75	-0.05
Total Operating Expenses	0.87	-0.1	0.73	0.48	0.95	-0.86	-0.88	-0.88	0.67		-0.88	0.03	-0.86	-0.11	0.99	0.77	0.88	-0.81	-0.62	-0.62	0.24	0.83	-0.62
Income Before Tax	-0.91	-0.03	-0.42	-0.03	-0.82	0.99	0.99	0.99	-0.54	-0.88		-0.26	1.0	-0.07	-0.82	-0.88	-0.87	0.98	0.72	0.43	-0.08	-0.85	0.72
Total Other Income Expense Net	0.07	0.76	-0.04	-0.34	0.09	-0.21	-0.21	-0.22	0.16	0.03	-0.26		-0.28	0.84	0.02	0.08	-0.06	-0.3	0.01	0.42	-0.75	0.08	0.01
Net Income	-0.92	-0.03	-0.42	0.0	-0.82	0.99	0.99	0.99	-0.57	-0.86	1.0	-0.28		-0.07	-0.8	-0.89	-0.85	0.98	0.71	0.45	-0.09	-0.86	0.71
Income Tax Expense	-0.24	0.98	-0.11	-0.13	-0.11	0.03	0.05	0.03	-0.07	-0.11	-0.07	0.84	-0.07		-0.09	-0.25	-0.26	-0.08	0.17	0.72	-0.95	-0.23	0.17
Selling General Administrative	0.82	-0.07	0.76	0.57	0.93	-0.79	-0.82	-0.82	0.65	0.99	-0.82	0.02	-0.8	-0.09		0.69	0.83	-0.75	-0.57	-0.59	0.21	0.78	-0.57
Selling And Marketing Expenses	0.95	-0.32	0.41	-0.1	0.79	-0.93	-0.93	-0.92	0.62	0.77	-0.88	0.08	-0.89	-0.25	0.69		0.86	-0.9	-0.69	-0.65	0.41	0.9	-0.69
Research Development	0.88	-0.22	0.43	0.23	0.78	-0.86	-0.9	-0.9	0.43	0.88	-0.87	-0.06	-0.85	-0.26	0.83	0.86		-0.86	-0.75	-0.56	0.3	0.8	-0.75
Net Income From Continuing Ops	-0.9	-0.04	-0.34	0.08	-0.76	0.97	0.98	0.98	-0.51	-0.81	0.98	-0.3	0.98	-0.08	-0.75	-0.9	-0.86		0.67	0.4	-0.06	-0.85	0.67
Non Recurring	-0.73	0.15	-0.02	0.04	-0.48	0.72	0.74	0.74	-0.05	-0.62	0.72	0.01	0.71	0.17	-0.57	-0.69	-0.75	0.67		0.34	-0.2	-0.47	1.0
Interest Income	-0.69	0.77	-0.63	-0.27	-0.7	0.54	0.53	0.52	-0.67	-0.62	0.43	0.42	0.45	0.72	-0.59	-0.65	-0.56	0.4	0.34		-0.85	-0.72	0.34
Net Interest Income	0.38	-0.98	0.3	0.12	0.31	-0.21	-0.19	-0.17	0.32	0.24	-0.08	-0.75	-0.09	-0.95	0.21	0.41	0.3	-0.06	-0.2	-0.85		0.4	-0.2
Reconciled Depreciation	0.93	-0.3	0.6	0.09	0.86	-0.89	-0.89	-0.88	0.75	0.83	-0.85	0.08	-0.86	-0.23	0.78	0.9	0.8	-0.85	-0.47	-0.72	0.4		-0.47
Non Operating Income Net Other	-0.73	0.15	-0.02	0.04	-0.48	0.72	0.74	0.74	-0.05	-0.62	0.72	0.01	0.71	0.17	-0.57	-0.69	-0.75	0.67	1.0	0.34	-0.2	-0.47

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Duos Technologies Account Relationship Matchups

Duos Technologies income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	403.7K	456.5K	545.8K	586.0K	867.0K	910.3K
Interest Expense	69.3K	150.1K	20.3K	9.2K	7.2K	6.8K
Total Revenue	13.6M	8.0M	8.3M	15.0M	7.5M	5.6M
Gross Profit	6.5M	2.8M	(2.6M)	4.7M	1.3M	2.0M
Other Operating Expenses	16.0M	14.7M	15.7M	21.9M	18.9M	19.9M
Operating Income	(2.4M)	(6.6M)	(7.5M)	(6.9M)	(11.4M)	(10.9M)
Ebit	(2.4M)	(6.6M)	(6.0M)	(6.9M)	(11.2M)	(10.7M)
Ebitda	(2.0M)	(6.1M)	(5.4M)	(6.3M)	(10.4M)	(9.8M)
Cost Of Revenue	7.2M	5.3M	10.8M	10.3M	6.2M	3.6M
Total Operating Expenses	8.9M	9.4M	4.9M	11.6M	12.8M	13.4M
Income Before Tax	(2.5M)	(6.7M)	(6.0M)	(6.9M)	(11.2M)	(10.7M)
Total Other Income Expense Net	(64.4K)	(113.0K)	1.4M	366.0	204.8K	183.9K
Net Income	(2.5M)	(6.9M)	(7.0M)	(6.9M)	(11.2M)	(10.7M)
Income Tax Expense	74.3K	187.3K	962.8K	(9.6K)	3.0	2.85
Selling General Administrative	8.0M	7.7M	3.4M	8.6M	9.4M	9.9M
Selling And Marketing Expenses	421.5K	717.8K	1.2M	1.3M	1.5M	1.6M
Research Development	431.4K	1.0M	251.6K	1.7M	1.8M	1.9M
Net Income From Continuing Ops	(2.5M)	(6.7M)	(6.0M)	(6.9M)	(9.0M)	(8.6M)
Net Income Applicable To Common Shares	(1.6M)	(2.5M)	(6.7M)	(6.0M)	(5.4M)	(5.7M)
Net Interest Income	(69.3K)	(150.1K)	(20.3K)	(9.2K)	(7.1K)	(7.4K)
Reconciled Depreciation	398.7K	456.5K	525.8K	586.0K	789.7K	456.3K

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Duos Historical Income Statement

About Duos Income Statement Analysis

Duos Technologies Income Statement Chart

Total Revenue

Other Operating Expenses

Cost Of Revenue

Total Operating Expenses

Duos Technologies income statement Correlations

Duos Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Duos Technologies income statement Accounts

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COMMON DESTINATIONS

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COMPANY

Ebitda	+ 1.0	Ebit
Net Income	+ 1.0	Income Before Tax
Non Operating Income Net Other	+ 1.0	Non Recurring
Ebit	+ 0.99	Operating Income
Ebitda	+ 0.99	Operating Income
Income Before Tax	+ 0.99	Operating Income

Net Interest Income	- 0.98	Interest Expense
Net Interest Income	- 0.95	Income Tax Expense
Ebit	- 0.95	Depreciation And Amortization
Operating Income	- 0.95	Depreciation And Amortization
Ebitda	- 0.94	Depreciation And Amortization
Selling And Marketing Expenses	- 0.93	Ebit