Kinaxis Historical Income Statement

KXS Stock  CAD 171.66  1.07  0.63%   
Historical analysis of Kinaxis income statement accounts such as Total Revenue of 448.3 M can show how well Kinaxis performed in making a profits. Evaluating Kinaxis income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Kinaxis's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Kinaxis 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 Kinaxis is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kinaxis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Kinaxis Income Statement Analysis

Kinaxis 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 Kinaxis shareholders. The income statement also shows Kinaxis 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).

Kinaxis Income Statement Chart

At this time, Kinaxis' EBIT is very stable compared to the past year. As of the 26th of November 2024, Research Development is likely to grow to about 85.8 M, while Gross Profit is likely to drop about 130.1 M.

Total Revenue

Total revenue comprises all receipts Kinaxis 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 Kinaxis minus its cost of goods sold. It is profit before Kinaxis 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.
Most accounts from Kinaxis' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Kinaxis 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kinaxis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Kinaxis' EBIT is very stable compared to the past year. As of the 26th of November 2024, Research Development is likely to grow to about 85.8 M, while Gross Profit is likely to drop about 130.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit164.0M235.8M258.9M130.1M
Total Revenue250.7M366.9M427.0M448.3M

Kinaxis income statement Correlations

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1.00.980.990.890.990.230.291.00.710.981.00.360.270.30.460.430.46-0.310.780.730.95
0.970.981.00.861.00.280.330.990.71.01.00.40.240.330.50.440.48-0.270.80.820.91
0.980.991.00.881.00.320.360.990.730.991.00.430.270.360.540.460.52-0.240.810.790.92
0.90.890.860.880.870.370.430.890.850.850.880.510.390.440.610.530.6-0.160.680.550.95
0.980.991.01.00.870.260.311.00.71.01.00.380.250.310.490.420.47-0.270.80.80.92
0.240.230.280.320.370.260.890.260.710.260.260.90.360.830.920.710.90.340.480.290.17
0.30.290.330.360.430.310.890.320.830.30.320.990.710.980.830.680.920.20.440.280.25
0.991.00.990.990.891.00.260.320.720.991.00.390.290.330.480.410.49-0.30.770.740.94
0.730.710.70.730.850.70.710.830.720.670.710.880.690.830.820.720.880.00.660.460.73
0.960.981.00.990.851.00.260.30.990.670.990.370.210.30.490.40.45-0.240.810.830.9
0.991.01.01.00.881.00.260.321.00.710.990.390.270.320.490.430.48-0.290.790.770.93
0.380.360.40.430.510.380.90.990.390.880.370.390.710.980.860.730.930.230.520.320.34
0.30.270.240.270.390.250.360.710.290.690.210.270.710.80.350.370.54-0.010.220.00.32
0.320.30.330.360.440.310.830.980.330.830.30.320.980.80.750.690.870.190.450.250.27
0.470.460.50.540.610.490.920.830.480.820.490.490.860.350.750.70.90.290.610.430.44
0.450.430.440.460.530.420.710.680.410.720.40.430.730.370.690.70.730.210.710.470.42
0.470.460.480.520.60.470.90.920.490.880.450.480.930.540.870.90.730.00.480.330.41
-0.3-0.31-0.27-0.24-0.16-0.270.340.2-0.30.0-0.24-0.290.23-0.010.190.290.210.00.23-0.02-0.23
0.770.780.80.810.680.80.480.440.770.660.810.790.520.220.450.610.710.480.230.830.71
0.70.730.820.790.550.80.290.280.740.460.830.770.320.00.250.430.470.33-0.020.830.58
0.960.950.910.920.950.920.170.250.940.730.90.930.340.320.270.440.420.41-0.230.710.58
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Kinaxis Account Relationship Matchups

Kinaxis income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization11.9M15.6M20.4M25.1M26.3M27.6M
Selling General Administrative26.9M33.2M45.6M54.3M60.4M63.4M
Selling And Marketing Expenses44.3M52.6M59.1M79.4M102.7M107.9M
Total Revenue191.5M224.2M250.7M366.9M427.0M448.3M
Gross Profit137.7M154.1M164.0M235.8M258.9M130.1M
Other Operating Expenses159.1M203.4M248.8M339.0M412.9M433.5M
Operating Income32.7M21.0M2.5M25.6M17.3M20.3M
Ebit32.7M21.0M2.5M25.6M17.3M18.2M
Research Development34.1M47.4M57.4M74.1M81.7M85.8M
Ebitda44.6M36.5M22.9M50.7M43.6M29.1M
Cost Of Revenue53.9M70.1M86.8M131.1M168.1M176.5M
Total Operating Expenses105.2M133.3M162.1M207.9M244.8M257.0M
Income Before Tax35.3M21.5M1.1M31.5M19.7M19.0M
Total Other Income Expense Net2.6M498K(1.4M)5.9M(3.2M)(3.3M)
Net Income23.3M13.7M(1.2M)20.1M10.1M10.9M
Income Tax Expense11.9M7.7M2.3M11.4M9.7M8.0M
Interest Expense2.6M498K264K1.2M1.4M949.4K
Net Income From Continuing Ops23.3M13.7M(1.2M)20.1M10.1M11.4M
Net Income Applicable To Common Shares23.3M13.7M(1.2M)20.1M23.1M24.2M
Tax Provision11.9M7.7M2.3M11.4M9.7M6.7M
Interest Income2.8M890K822K2.7M3.1M3.3M
Net Interest Income3.0M890K(264K)1.2M8.8M9.3M
Reconciled Depreciation11.9M15.6M20.4M25.1M26.3M17.6M

Pair Trading with Kinaxis

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

Moving against Kinaxis Stock

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

Kinaxis 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 Kinaxis shareholders. The income statement also shows Kinaxis 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).