MIRC Historical Income Statement

MIRCELECTR

22.38 0.57 2.61%

Historical analysis of MIRC Electronics income statement accounts such as Gross Profit of 103.2 M can show how well MIRC Electronics Limited performed in making a profits. Evaluating MIRC Electronics income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of MIRC Electronics'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 MIRC Electronics 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 MIRC Electronics is a good buy for the upcoming year.

Net Income Gross Profit

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MIRC Electronics 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 income.

About MIRC Income Statement Analysis

MIRC Electronics 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 MIRC Electronics shareholders. The income statement also shows MIRC 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).

MIRC Electronics Income Statement Chart

At present, MIRC Electronics' Interest Expense is projected to decrease significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 9.3 B, whereas Other Operating Expenses is forecasted to decline to about 9.1 B.

Total Revenue Gross Profit Other Operating Expenses Cost Of Revenue

Total Revenue

Total revenue comprises all receipts MIRC Electronics 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 MIRC Electronics Limited minus its cost of goods sold. It is profit before MIRC Electronics 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 MIRC Electronics. It is also known as MIRC Electronics 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 MIRC Electronics income statement and represents the costs associated with goods and services MIRC Electronics 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.

Most accounts from MIRC Electronics' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into MIRC Electronics 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 MIRC Electronics 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 income.

	2022	2023	2024	2025 (projected)
Interest Expense	109M	150.5M	135.5M	161.2M
Depreciation And Amortization	90.4M	79.8M	71.8M	117.9M

Interest Expense Depreciation And Amortization

MIRC Electronics 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	Minority Interest	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.74	0.83	0.8	0.79	0.19	0.35	0.47	0.66	0.88	0.13	-0.6	0.11	0.17	0.85	0.8	0.83	-0.52	0.84	0.72	-0.64	0.62
Interest Expense	0.74		0.69	0.54	0.7	-0.36	-0.08	0.04	0.61	0.72	-0.39	-0.75	-0.34	-0.21	0.81	0.81	0.8	-0.62	0.87	0.7	-0.65	0.52
Total Revenue	0.83	0.69		0.59	1.0	0.02	0.13	0.24	0.96	0.72	-0.07	-0.43	-0.1	-0.03	0.86	0.72	0.67	-0.65	0.81	0.5	-0.48	0.45
Gross Profit	0.8	0.54	0.59		0.53	0.53	0.74	0.81	0.37	0.96	0.5	-0.61	0.51	-0.08	0.73	0.66	0.82	-0.03	0.71	0.76	-0.29	0.75
Other Operating Expenses	0.79	0.7	1.0	0.53		-0.06	0.05	0.16	0.98	0.68	-0.16	-0.42	-0.18	-0.05	0.85	0.7	0.64	-0.68	0.8	0.47	-0.49	0.42
Operating Income	0.19	-0.36	0.02	0.53	-0.06		0.87	0.84	-0.14	0.29	0.93	0.11	0.9	0.11	-0.01	0.06	0.09	0.47	0.01	0.14	0.26	0.23
Ebit	0.35	-0.08	0.13	0.74	0.05	0.87		0.99	-0.08	0.53	0.93	-0.1	0.94	0.07	0.27	0.22	0.37	0.45	0.23	0.37	0.13	0.46
Ebitda	0.47	0.04	0.24	0.81	0.16	0.84	0.99		0.03	0.63	0.9	-0.18	0.89	0.09	0.37	0.32	0.47	0.35	0.34	0.45	0.03	0.52
Cost Of Revenue	0.66	0.61	0.96	0.37	0.98	-0.14	-0.08	0.03		0.53	-0.24	-0.29	-0.27	-0.05	0.76	0.6	0.49	-0.72	0.7	0.33	-0.42	0.31
Total Operating Expenses	0.88	0.72	0.72	0.96	0.68	0.29	0.53	0.63	0.53		0.25	-0.71	0.26	-0.1	0.84	0.75	0.9	-0.23	0.81	0.79	-0.42	0.76
Income Before Tax	0.13	-0.39	-0.07	0.5	-0.16	0.93	0.93	0.9	-0.24	0.25		0.2	0.98	0.19	0.0	-0.03	0.09	0.56	-0.03	0.09	0.3	0.21
Total Other Income Expense Net	-0.6	-0.75	-0.43	-0.61	-0.42	0.11	-0.1	-0.18	-0.29	-0.71	0.2		0.2	0.15	-0.64	-0.61	-0.68	0.31	-0.6	-0.79	0.6	-0.64
Net Income	0.11	-0.34	-0.1	0.51	-0.18	0.9	0.94	0.89	-0.27	0.26	0.98	0.2		0.06	0.0	-0.02	0.11	0.61	-0.02	0.11	0.33	0.25
Income Tax Expense	0.17	-0.21	-0.03	-0.08	-0.05	0.11	0.07	0.09	-0.05	-0.1	0.19	0.15	0.06		0.02	-0.06	-0.06	-0.19	-0.06	-0.19	-0.12	-0.11
Selling General Administrative	0.85	0.81	0.86	0.73	0.85	-0.01	0.27	0.37	0.76	0.84	0.0	-0.64	0.0	0.02		0.78	0.86	-0.53	0.89	0.62	-0.46	0.59
Selling And Marketing Expenses	0.8	0.81	0.72	0.66	0.7	0.06	0.22	0.32	0.6	0.75	-0.03	-0.61	-0.02	-0.06	0.78		0.87	-0.61	0.95	0.59	-0.49	0.45
Research Development	0.83	0.8	0.67	0.82	0.64	0.09	0.37	0.47	0.49	0.9	0.09	-0.68	0.11	-0.06	0.86	0.87		-0.41	0.89	0.65	-0.4	0.61
Net Income From Continuing Ops	-0.52	-0.62	-0.65	-0.03	-0.68	0.47	0.45	0.35	-0.72	-0.23	0.56	0.31	0.61	-0.19	-0.53	-0.61	-0.41		-0.61	-0.25	0.62	-0.05
Minority Interest	0.84	0.87	0.81	0.71	0.8	0.01	0.23	0.34	0.7	0.81	-0.03	-0.6	-0.02	-0.06	0.89	0.95	0.89	-0.61		0.64	-0.47	0.51
Interest Income	0.72	0.7	0.5	0.76	0.47	0.14	0.37	0.45	0.33	0.79	0.09	-0.79	0.11	-0.19	0.62	0.59	0.65	-0.25	0.64		-0.7	0.64
Net Interest Income	-0.64	-0.65	-0.48	-0.29	-0.49	0.26	0.13	0.03	-0.42	-0.42	0.3	0.6	0.33	-0.12	-0.46	-0.49	-0.4	0.62	-0.47	-0.7		-0.33
Reconciled Depreciation	0.62	0.52	0.45	0.75	0.42	0.23	0.46	0.52	0.31	0.76	0.21	-0.64	0.25	-0.11	0.59	0.45	0.61	-0.05	0.51	0.64	-0.33

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MIRC Electronics Account Relationship Matchups

MIRC Electronics income statement Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Depreciation And Amortization	66.9M	77.7M	90.4M	79.8M	71.8M	117.9M
Interest Expense	131.4M	119.3M	109M	150.5M	135.5M	161.2M
Total Revenue	7.6B	11.9B	11.1B	9.7B	8.7B	9.3B
Gross Profit	1.2B	1.4B	1.5B	120.7M	108.6M	103.2M
Other Operating Expenses	7.6B	12.0B	11.1B	10.2B	9.2B	9.1B
Operating Income	71.5M	90.8M	(19.1M)	(536.5M)	(482.9M)	(458.7M)
Ebit	168.3M	(59.9M)	(38.2M)	(471.6M)	(542.3M)	(569.4M)
Ebitda	235.2M	17.8M	52.2M	(391.8M)	(450.6M)	(473.1M)
Cost Of Revenue	6.4B	10.5B	9.6B	9.5B	8.6B	7.3B
Total Operating Expenses	1.1B	1.5B	1.5B	819.7M	737.7M	700.8M
Income Before Tax	18.9M	(200.7M)	(124.7M)	(622.1M)	(559.9M)	(531.9M)
Total Other Income Expense Net	(52.6M)	(101.2M)	(105.6M)	(85.6M)	(98.4M)	(103.3M)
Net Income	18.9M	(200.7M)	(124.7M)	(622.1M)	(559.9M)	(531.9M)
Income Tax Expense	61K	(226.0M)	3.4M	79.6M	71.7M	75.3M
Selling General Administrative	8.7M	13.5M	676.9M	51.3M	46.1M	43.8M
Selling And Marketing Expenses	211.4M	301.5M	60.8M	289.6M	260.6M	291.2M
Research Development	26.2M	31.4M	32.0M	29.2M	26.3M	30.9M
Net Income From Continuing Ops	18.8M	(200.7M)	(124.7M)	(622.1M)	(559.9M)	(531.9M)
Net Income Applicable To Common Shares	(114.7M)	18.9M	(200.7M)	(124.7M)	(143.4M)	(150.6M)
Interest Income	131.3M	149.4M	140.8M	109M	98.1M	115.0M
Net Interest Income	(149.4M)	(140.8M)	(109M)	(150.5M)	(173.1M)	(181.7M)
Reconciled Depreciation	66.9M	77.7M	90.4M	79.8M	71.8M	63.8M

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MIRC Historical Income Statement

About MIRC Income Statement Analysis

MIRC Electronics Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Cost Of Revenue

MIRC Electronics income statement Correlations

MIRC Electronics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

MIRC Electronics income statement Accounts

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Other Operating Expenses	+ 1.0	Total Revenue
Ebitda	+ 0.99	Ebit
Cost Of Revenue	+ 0.98	Other Operating Expenses
Net Income	+ 0.98	Income Before Tax
Cost Of Revenue	+ 0.96	Total Revenue
Total Operating Expenses	+ 0.96	Gross Profit

Interest Income	- 0.79	Total Other Income Expense Net
Total Other Income Expense Net	- 0.75	Interest Expense
Net Income From Continuing Ops	- 0.72	Cost Of Revenue
Total Other Income Expense Net	- 0.71	Total Operating Expenses
Net Interest Income	- 0.7	Interest Income
Research Development	- 0.68	Total Other Income Expense Net