Mistras Historical Income Statement
| MG Stock | USD 9.25 0.10 1.09% |
Historical analysis of Mistras income statement accounts such as Total Revenue of 587.8 M, Gross Profit of 167.5 M or Other Operating Expenses of 563.6 M can show how well Mistras Group performed in making a profits. Evaluating Mistras income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Mistras's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Mistras Group 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 Mistras Group is a good buy for the upcoming year.
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About Mistras Income Statement Analysis
Mistras Group 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 Mistras shareholders. The income statement also shows Mistras 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).
Mistras Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Mistras Group 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 Mistras Group minus its cost of goods sold. It is profit before Mistras 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 Mistras Group. It is also known as Mistras 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.Net Income Applicable To Common Shares
The net income that remains after preferred dividends have been deducted, available to common shareholders.Most accounts from Mistras' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Mistras Group 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 Mistras 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 price. At this time, Mistras' Interest Expense is most likely to increase significantly in the upcoming years. The Mistras' current Research Development is estimated to increase to about 2.6 M, while Depreciation And Amortization is projected to decrease to roughly 20.5 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 10.9M | 10.5M | 16.8M | 17.6M | Depreciation And Amortization | 34.9M | 33.3M | 34.1M | 20.5M |
Mistras income statement Correlations
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Mistras Account Relationship Matchups
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Mistras income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 17.6M | 35.7M | 34.9M | 33.3M | 34.1M | 20.5M | |
| Interest Expense | 13.7M | 13.0M | 10.9M | 10.5M | 16.8M | 17.6M | |
| Selling General Administrative | 169.5M | 156.9M | 161.3M | 166.6M | 165.3M | 121.2M | |
| Total Revenue | 748.6M | 592.6M | 677.1M | 687.4M | 705.5M | 587.8M | |
| Gross Profit | 217.3M | 178.5M | 197.1M | 198.2M | 203.8M | 167.5M | |
| Other Operating Expenses | 723.6M | 587.4M | 655.8M | 668.5M | 707.4M | 563.6M | |
| Operating Income | 24.1M | 5.2M | 18.2M | 19.8M | (1.9M) | (1.8M) | |
| Ebit | 24.1M | (101.2M) | 18.2M | 19.8M | (1.9M) | (1.8M) | |
| Research Development | 3.0M | 2.9M | 2.5M | 2.0M | 1.7M | 2.6M | |
| Ebitda | 41.7M | (65.5M) | 53.1M | 53.1M | 32.2M | 27.4M | |
| Cost Of Revenue | 531.3M | 414.0M | 480.0M | 489.2M | 501.7M | 420.3M | |
| Total Operating Expenses | 192.3M | 173.3M | 175.8M | 179.3M | 229.7M | 146.5M | |
| Income Before Tax | 10.4M | (114.2M) | 7.3M | 9.3M | (18.7M) | (17.7M) | |
| Total Other Income Expense Net | (13.7M) | (13.0M) | (10.9M) | (10.5M) | (16.8M) | (15.9M) | |
| Net Income Applicable To Common Shares | 6.1M | (99.5M) | 3.9M | 6.5M | 5.8M | 3.7M | |
| Net Income | 6.1M | (99.5M) | 3.9M | 6.5M | (17.5M) | (16.6M) | |
| Income Tax Expense | 4.4M | (14.7M) | 3.4M | 2.7M | (1.2M) | (1.2M) | |
| Minority Interest | 20K | 198K | 33K | (75K) | (8K) | (7.6K) | |
| Net Income From Continuing Ops | 6.1M | (99.5M) | 3.9M | 6.6M | (17.4M) | (16.6M) | |
| Non Recurring | 3.9M | 106.4M | 3.2M | (876K) | (1.0M) | (957.0K) | |
| Tax Provision | 4.4M | (14.7M) | 3.4M | 2.7M | (1.2M) | (1.2M) | |
| Net Interest Income | (13.7M) | (13.0M) | (10.9M) | (10.5M) | (16.8M) | (15.9M) | |
| Interest Income | 13.7M | 13.0M | 10.9M | 10.5M | 12.1M | 9.2M | |
| Reconciled Depreciation | 38.5M | 35.7M | 34.9M | 10.7M | 34.1M | 25.1M |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mistras 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 price. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Research & Consulting Services 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 Mistras. If investors know Mistras 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 Mistras listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 19 | Earnings Share 0.35 | Revenue Per Share 23.998 | Quarterly Revenue Growth 0.019 | Return On Assets 0.0467 |
The market value of Mistras Group is measured differently than its book value, which is the value of Mistras that is recorded on the company's balance sheet. Investors also form their own opinion of Mistras' value that differs from its market value or its book value, called intrinsic value, which is Mistras' 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 Mistras' market value can be influenced by many factors that don't directly affect Mistras' 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 Mistras' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mistras is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mistras' 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.