Nexgel Historical Income Statement

NXGL Stock  USD 3.37  0.05  1.51%   
Historical analysis of Nexgel income statement accounts such as Other Operating Expenses of 4.6 M can show how well Nexgel Inc performed in making a profits. Evaluating Nexgel income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Nexgel's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Nexgel Inc 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 Nexgel Inc 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 Nexgel Inc. 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.

About Nexgel Income Statement Analysis

Nexgel Inc 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 Nexgel shareholders. The income statement also shows Nexgel 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).

Nexgel Income Statement Chart

At this time, Nexgel's Gross Profit is quite stable compared to the past year. Total Other Income Expense Net is expected to rise to about 303.4 K this year, although the value of Total Revenue will most likely fall to about 2.1 M.

Total Revenue

Total revenue comprises all receipts Nexgel Inc 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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Nexgel Inc. It is also known as Nexgel 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 Nexgel Inc income statement and represents the costs associated with goods and services Nexgel 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.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most accounts from Nexgel's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Nexgel Inc 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 Nexgel Inc. 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, Nexgel's Gross Profit is quite stable compared to the past year. Total Other Income Expense Net is expected to rise to about 303.4 K this year, although the value of Total Revenue will most likely fall to about 2.1 M.
 2021 2022 2023 2024 (projected)
Total Revenue1.6M2.0M4.1M2.1M
Depreciation And Amortization113K301K443K266.2K

Nexgel income statement Correlations

0.890.40.61-0.03-0.030.140.90.20.170.340.24-0.340.750.210.950.320.18
0.890.580.86-0.33-0.29-0.140.950.51-0.10.230.0-0.160.920.00.730.140.52
0.40.580.65-0.63-0.58-0.490.340.68-0.410.06-0.30.070.63-0.310.21-0.060.71
0.610.860.65-0.72-0.7-0.610.770.86-0.54-0.06-0.420.160.84-0.390.39-0.160.83
-0.03-0.33-0.63-0.720.990.97-0.21-0.890.840.240.7-0.37-0.440.670.190.37-0.9
-0.03-0.29-0.58-0.70.990.98-0.18-0.890.850.260.7-0.37-0.370.680.170.36-0.86
0.14-0.14-0.49-0.610.970.98-0.03-0.860.880.350.75-0.45-0.240.730.320.44-0.83
0.90.950.340.77-0.21-0.18-0.030.330.020.310.11-0.260.860.130.760.230.37
0.20.510.680.86-0.89-0.89-0.860.33-0.81-0.32-0.70.430.55-0.68-0.02-0.420.92
0.17-0.1-0.41-0.540.840.850.880.02-0.810.730.97-0.81-0.310.950.280.8-0.82
0.340.230.06-0.060.240.260.350.31-0.320.730.86-0.980.00.870.270.98-0.34
0.240.0-0.3-0.420.70.70.750.11-0.70.970.86-0.92-0.240.980.310.92-0.73
-0.34-0.160.070.16-0.37-0.37-0.45-0.260.43-0.81-0.98-0.920.1-0.92-0.32-1.00.48
0.750.920.630.84-0.44-0.37-0.240.860.55-0.310.0-0.240.1-0.220.58-0.120.64
0.210.0-0.31-0.390.670.680.730.13-0.680.950.870.98-0.92-0.220.270.91-0.72
0.950.730.210.390.190.170.320.76-0.020.280.270.31-0.320.580.270.3-0.05
0.320.14-0.06-0.160.370.360.440.23-0.420.80.980.92-1.0-0.120.910.3-0.47
0.180.520.710.83-0.9-0.86-0.830.370.92-0.82-0.34-0.730.480.64-0.72-0.05-0.47
Click cells to compare fundamentals

Nexgel Account Relationship Matchups

Nexgel income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization67K50K113K301K443K266.2K
Total Revenue717K674K1.6M2.0M4.1M2.1M
Gross Profit(137K)(291K)9K256K619K650.0K
Other Operating Expenses2.6M2.9M4.1M5.4M7.6M4.6M
Operating Income(1.9M)(2.3M)(2.6M)(3.3M)(3.5M)(3.7M)
Ebit(1.9M)(2.3M)(2.3M)(3.4M)(3.2M)(3.3M)
Ebitda(1.9M)(2.2M)(2.2M)(3.1M)(2.7M)(2.9M)
Cost Of Revenue854K965K1.5M1.8M3.5M2.0M
Total Operating Expenses1.8M2.0M2.6M3.6M4.1M2.7M
Income Before Tax(1.9M)(2.3M)(4.3M)(4.7M)(3.2M)(3.3M)
Net Income(1.9M)(2.3M)(6.3M)(6.1M)(3.2M)(3.3M)
Interest Expense1K10K2.0M1.3M15K14.3K
Net Income Applicable To Common Shares(1.9M)(2.3M)(4.3M)(4.7M)(4.3M)(4.5M)
Selling General Administrative1.8M2.0M2.5M2.4M3.0M2.6M
Net Income From Continuing Ops(1.9M)(2.3M)(4.3M)(4.7M)(2.6M)(2.8M)
Reconciled Depreciation67K50K113K301K320K215.1K

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When determining whether Nexgel Inc is a strong investment it is important to analyze Nexgel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nexgel's future performance. For an informed investment choice regarding Nexgel Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nexgel Inc. 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Health Care Equipment & Supplies 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 Nexgel. If investors know Nexgel 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 Nexgel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.59)
Revenue Per Share
0.846
Quarterly Revenue Growth
0.234
Return On Assets
(0.23)
Return On Equity
(0.64)
The market value of Nexgel Inc is measured differently than its book value, which is the value of Nexgel that is recorded on the company's balance sheet. Investors also form their own opinion of Nexgel's value that differs from its market value or its book value, called intrinsic value, which is Nexgel'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 Nexgel's market value can be influenced by many factors that don't directly affect Nexgel'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 Nexgel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nexgel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nexgel'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.