Synergy Historical Income Statement
| SNYR Stock | USD 4.20 0.35 9.09% |
Historical analysis of Synergy CHC income statement accounts such as Operating Income of 10.2 M, Ebit of 10.2 M, EBITDA of 10.2 M or Total Operating Expenses of 17.9 M can show how well Synergy CHC Corp performed in making a profits. Evaluating Synergy CHC income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Synergy CHC's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Synergy CHC Corp 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 Synergy CHC Corp is a good buy for the upcoming year.
Synergy |
About Synergy Income Statement Analysis
Synergy CHC Corp 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 Synergy CHC shareholders. The income statement also shows Synergy 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).
Synergy CHC Income Statement Chart
Add Fundamental
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Synergy CHC Corp. It is also known as Synergy CHC 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.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.Total Revenue
Total revenue comprises all receipts Synergy CHC Corp 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.Most accounts from Synergy CHC's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Synergy CHC Corp 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Synergy CHC Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. At this time, Synergy CHC's Reconciled Depreciation is relatively stable compared to the past year.
| 2024 | 2025 (projected) | Interest Expense | 1.5M | 853.7K | Depreciation And Amortization | 30.0K | 28.5K |
Synergy CHC income statement Correlations
Click cells to compare fundamentals
Synergy CHC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Synergy CHC income statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Depreciation And Amortization | 100.3K | 236.6K | 340K | 33.3K | 30.0K | 28.5K | |
| Selling General Administrative | 5.5M | 6.5M | 9.2M | 6.1M | 7.0M | 5.5M | |
| Other Operating Expenses | 27.3M | 37.1M | 64.6M | 32.0M | 36.8M | 27.6M | |
| Operating Income | 1.9M | 3.1M | (25.0M) | 10.8M | 9.7M | 10.2M | |
| Ebit | 3.0M | 3.1M | (25.0M) | 10.8M | 9.7M | 10.2M | |
| Ebitda | 3.1M | 3.2M | (24.6M) | 10.8M | 9.8M | 10.2M | |
| Total Operating Expenses | 18.2M | 22.5M | 39.4M | 21.3M | 24.5M | 17.9M | |
| Income Before Tax | (9.1M) | 1.4M | (32.6M) | 6.6M | 5.9M | 6.2M | |
| Total Other Income Expense Net | (11.0M) | (1.7M) | (7.6M) | (4.2M) | (3.8M) | (4.0M) | |
| Net Income | (9.2M) | 1.4M | (32.6M) | 6.3M | 5.7M | 6.0M | |
| Income Tax Expense | 131.5K | (5.0) | 32.2K | 235.0K | 211.5K | 132.8K | |
| Total Revenue | 29.4M | 40.2M | 38.4M | 42.8M | 49.2M | 32.8M | |
| Gross Profit | 20.2M | 25.5M | 13.3M | 32.1M | 36.9M | 20.9M | |
| Cost Of Revenue | 9.1M | 14.7M | 25.1M | 10.7M | 12.3M | 11.9M | |
| Selling And Marketing Expenses | 11.5M | 15.9M | 28.5M | 15.2M | 17.5M | 15.9M |
Pair Trading with Synergy CHC
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 Synergy CHC 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 Synergy CHC will appreciate offsetting losses from the drop in the long position's value.Moving together with Synergy Stock
Moving against Synergy Stock
| 0.71 | ODC | Oil Dri | PairCorr |
| 0.62 | NWL | Newell Brands Earnings Call Next Week | PairCorr |
| 0.62 | IPAR | Inter Parfums | PairCorr |
| 0.45 | HNST | Honest Company | PairCorr |
| 0.36 | ODD | ODDITY Tech | PairCorr |
The ability to find closely correlated positions to Synergy CHC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Synergy CHC 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 Synergy CHC - 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 Synergy CHC Corp to buy it.
The correlation of Synergy CHC 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 Synergy CHC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Synergy CHC Corp 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 Synergy CHC 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.Additional Tools for Synergy Stock Analysis
When running Synergy CHC's price analysis, check to measure Synergy CHC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Synergy CHC is operating at the current time. Most of Synergy CHC's value examination focuses on studying past and present price action to predict the probability of Synergy CHC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synergy CHC's price. Additionally, you may evaluate how the addition of Synergy CHC to your portfolios can decrease your overall portfolio volatility.