Evertz Historical Income Statement

ET Stock  CAD 12.19  0.05  0.41%   
Historical analysis of Evertz Technologies income statement accounts such as Selling General Administrative of 55.9 M or Total Revenue of 369.8 M can show how well Evertz Technologies Limited performed in making a profits. Evaluating Evertz Technologies income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Evertz Technologies's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Evertz 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 Evertz Technologies is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evertz Technologies Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

About Evertz Income Statement Analysis

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

Evertz Technologies Income Statement Chart

At this time, Evertz Technologies' Interest Income is very stable compared to the past year. As of the 26th of November 2024, Net Interest Income is likely to grow to about 323.4 K, while Depreciation And Amortization is likely to drop about 11.1 M.

Total Revenue

Total revenue comprises all receipts Evertz 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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Evertz Technologies Limited minus its cost of goods sold. It is profit before Evertz Technologies 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 Evertz Technologies. It is also known as Evertz 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.
Most accounts from Evertz Technologies' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Evertz 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 Evertz Technologies Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, Evertz Technologies' Interest Income is very stable compared to the past year. As of the 26th of November 2024, Net Interest Income is likely to grow to about 323.4 K, while Depreciation And Amortization is likely to drop about 11.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit255.3M268.3M294.0M213.6M
Total Revenue441.0M454.6M514.6M369.8M

Evertz Technologies income statement Correlations

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0.80.230.550.590.560.380.360.670.450.490.630.24-0.280.250.180.3-0.03-0.72-0.270.75-0.970.85
0.310.230.520.520.580.240.240.440.260.530.610.260.220.290.130.750.27-0.19-0.020.13-0.170.14
0.780.550.521.00.990.840.840.820.871.00.940.780.070.820.560.820.3-0.5-0.050.34-0.450.44
0.80.590.521.00.980.840.830.840.870.990.940.780.060.820.560.810.3-0.53-0.050.38-0.490.48
0.780.560.580.990.980.750.740.820.780.980.980.680.040.730.440.840.3-0.53-0.050.36-0.470.47
0.620.380.240.840.840.751.00.661.00.840.610.970.160.960.850.580.24-0.28-0.030.21-0.270.27
0.60.360.240.840.830.741.00.650.990.830.60.970.170.960.860.580.24-0.26-0.020.21-0.250.23
0.730.670.440.820.840.820.660.650.690.80.820.57-0.110.610.250.750.0-0.81-0.310.48-0.550.7
0.690.450.260.870.870.781.00.990.690.870.660.950.110.950.830.590.21-0.32-0.070.25-0.340.34
0.750.490.531.00.990.980.840.830.80.870.930.790.090.830.570.830.3-0.45-0.040.28-0.390.39
0.780.630.610.940.940.980.610.60.820.660.930.54-0.010.60.280.820.29-0.6-0.060.42-0.550.54
0.470.240.260.780.780.680.970.970.570.950.790.540.40.990.890.610.4-0.190.160.12-0.120.11
-0.29-0.280.220.070.060.040.160.17-0.110.110.09-0.010.40.390.410.290.770.20.74-0.180.33-0.43
0.50.250.290.820.820.730.960.960.610.950.830.60.990.390.840.650.42-0.230.170.12-0.120.14
0.340.180.130.560.560.440.850.860.250.830.570.280.890.410.840.340.380.10.190.08-0.13-0.07
0.430.30.750.820.810.840.580.580.750.590.830.820.610.290.650.340.4-0.430.040.21-0.190.23
-0.04-0.030.270.30.30.30.240.240.00.210.30.290.40.770.420.380.40.050.86-0.020.09-0.24
-0.55-0.72-0.19-0.5-0.53-0.53-0.28-0.26-0.81-0.32-0.45-0.6-0.190.2-0.230.1-0.430.050.19-0.50.66-0.76
-0.37-0.27-0.02-0.05-0.05-0.05-0.03-0.02-0.31-0.07-0.04-0.060.160.740.170.190.040.860.19-0.110.33-0.49
0.390.750.130.340.380.360.210.210.480.250.280.420.12-0.180.120.080.21-0.02-0.5-0.11-0.710.44
-0.76-0.97-0.17-0.45-0.49-0.47-0.27-0.25-0.55-0.34-0.39-0.55-0.120.33-0.12-0.13-0.190.090.660.33-0.71-0.82
0.810.850.140.440.480.470.270.230.70.340.390.540.11-0.430.14-0.070.23-0.24-0.76-0.490.44-0.82
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Evertz Technologies Account Relationship Matchups

Evertz Technologies income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization16.3M17.6M17.6M16.8M15.4M11.1M
Interest Expense1.8M1.7M2.4M3.7M1.4M1.2M
Selling General Administrative67.7M50.6M61.8M62.1M72.8M55.9M
Total Revenue436.6M342.9M441.0M454.6M514.6M369.8M
Gross Profit248.4M199.4M255.3M268.3M294.0M213.6M
Other Operating Expenses347.5M270.0M346.3M360.9M429.1M275.9M
Operating Income89.1M72.8M94.7M93.7M85.5M93.9M
Ebit90.3M72.4M93.9M94.9M85.5M94.8M
Research Development95.7M80.2M106.5M121.3M135.6M142.4M
Ebitda106.6M90.0M111.5M111.7M100.9M105.9M
Cost Of Revenue188.2M143.5M185.7M186.3M220.6M156.2M
Total Operating Expenses159.3M126.6M160.6M174.6M208.4M119.7M
Income Before Tax92.0M55.8M97.9M87.8M85.4M95.6M
Total Other Income Expense Net3.7M(16.0M)5.3M(2.5M)(180K)(171K)
Net Income68.6M41.8M71.7M64.0M70.2M69.8M
Income Tax Expense22.8M13.9M25.2M23.3M11.6M18.4M
Selling And Marketing Expenses67.6M49.4M60.9M61.5M70.7M65.1M
Net Income From Continuing Ops69.2M42.0M72.7M64.6M71.0M52.5M
Net Income Applicable To Common Shares68.6M41.8M71.7M64.0M57.6M51.6M
Minority Interest2.4M2.2M(932K)(523K)(857K)(814.2K)
Tax Provision22.8M13.9M25.2M23.3M26.3M18.4M
Interest Income768K687K309K8.7M1.7M1.8M
Net Interest Income(768K)(1.0M)(2.1M)(3.3M)308K323.4K
Reconciled Depreciation16.3M17.6M17.6M16.8M15.4M16.0M

Pair Trading with Evertz Technologies

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 Evertz Technologies 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 Evertz Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving against Evertz Stock

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The ability to find closely correlated positions to Evertz Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Evertz Technologies 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 Evertz Technologies - 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 Evertz Technologies Limited to buy it.
The correlation of Evertz Technologies 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 Evertz Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Evertz Technologies 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 Evertz Technologies 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 CorrelationCorrelation Matching

Other Information on Investing in Evertz Stock

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