Legato Historical Income Statement
| LGTO Stock | USD 7.44 4.21 130.34% |
Historical analysis of Legato Merger income statement accounts such as Gross Profit of 30.6 M can show how well Legato Merger II performed in making a profits. Evaluating Legato Merger income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Legato Merger's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Legato Merger II 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 Legato Merger II is a good buy for the upcoming year.
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About Legato Income Statement Analysis
Legato Merger II 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 Legato Merger shareholders. The income statement also shows Legato 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).
Legato Merger Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Legato Merger II 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 Legato Merger II minus its cost of goods sold. It is profit before Legato Merger 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 Legato Merger II. It is also known as Legato Merger 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 Legato Merger's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Legato Merger II 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 Legato Merger II. 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, Legato Merger's Depreciation And Amortization is very stable compared to the past year. As of the 26th of February 2025, Total Other Income Expense Net is likely to grow to about 3.9 M, while Interest Expense is likely to drop about 11.6 M.
| 2022 | 2023 | 2024 | 2025 (projected) | Interest Expense | 8.9M | 19.5M | 22.4M | 11.6M | Depreciation And Amortization | 45.7M | 30.5M | 27.5M | 31.8M |
Legato Merger income statement Correlations
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Legato Merger Account Relationship Matchups
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Legato Merger income statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Depreciation And Amortization | 39.4M | 47.5M | 45.7M | 30.5M | 27.5M | 31.8M | |
| Interest Expense | 8.1M | 7.3M | 8.9M | 19.5M | 22.4M | 11.6M | |
| Total Revenue | 1.1B | 1.3B | 1.2B | 1.2B | 1.3B | 1.3B | |
| Gross Profit | 93.4M | 114.2M | 140.9M | 35.8M | 32.2M | 30.6M | |
| Other Operating Expenses | 1.0B | 1.2B | 1.1B | 1.2B | 1.4B | 1.2B | |
| Operating Income | 43.7M | 56.1M | 82.7M | (31.4M) | (28.2M) | (26.8M) | |
| Ebit | 48.7M | 56.1M | 82.7M | (7.8M) | (7.0M) | (6.6M) | |
| Ebitda | 88.1M | 103.5M | 128.4M | 22.8M | 20.5M | 19.5M | |
| Cost Of Revenue | 964.5M | 1.2B | 1.0B | 1.1B | 1.3B | 1.2B | |
| Total Operating Expenses | 49.7M | 58.1M | 58.2M | 67.2M | 77.3M | 61.2M | |
| Income Before Tax | 39.6M | 52.5M | 75.9M | (27.2M) | (24.5M) | (23.3M) | |
| Total Other Income Expense Net | (4.2M) | (3.6M) | (6.8M) | 4.1M | 3.7M | 3.9M | |
| Net Income | 33.7M | 38.7M | 60.5M | (19.3M) | (17.3M) | (16.5M) | |
| Income Tax Expense | 9.4M | 10.9M | 13.3M | (8.5M) | (7.7M) | (7.3M) |
Pair Trading with Legato Merger
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 Legato Merger 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 Legato Merger will appreciate offsetting losses from the drop in the long position's value.Moving against Legato Stock
| 0.63 | CR | Crane Company | PairCorr |
| 0.51 | GE | GE Aerospace | PairCorr |
| 0.47 | G | Genpact Limited Sell-off Trend | PairCorr |
| 0.36 | BR | Broadridge Financial | PairCorr |
| 0.35 | DY | Dycom Industries Earnings Call Today | PairCorr |
The ability to find closely correlated positions to Legato Merger could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Legato Merger 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 Legato Merger - 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 Legato Merger II to buy it.
The correlation of Legato Merger 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 Legato Merger moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Legato Merger II 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 Legato Merger 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.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Legato Merger II. 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. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Construction & Engineering 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 Legato Merger. If investors know Legato 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 Legato Merger listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Legato Merger II is measured differently than its book value, which is the value of Legato that is recorded on the company's balance sheet. Investors also form their own opinion of Legato Merger's value that differs from its market value or its book value, called intrinsic value, which is Legato Merger'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 Legato Merger's market value can be influenced by many factors that don't directly affect Legato Merger'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 Legato Merger's value and its price as these two are different measures arrived at by different means. Investors typically determine if Legato Merger is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Legato Merger'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.