Spero Historical Income Statement
| SPRO Stock | USD 1.19 0.01 0.83% |
Historical analysis of Spero Therapeutics income statement accounts such as Total Revenue of 101.6 M, Gross Profit of 101.2 M, Other Operating Expenses of 67.2 M or Operating Income of 22.6 M can show how well Spero Therapeutics performed in making a profits. Evaluating Spero Therapeutics income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Spero Therapeutics's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Spero Therapeutics 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 Spero Therapeutics is a good buy for the upcoming year.
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About Spero Income Statement Analysis
Spero Therapeutics 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 Spero Therapeutics shareholders. The income statement also shows Spero 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).
Spero Therapeutics Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Spero Therapeutics. It is also known as Spero Therapeutics 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 Spero Therapeutics income statement and represents the costs associated with goods and services Spero Therapeutics 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 Spero Therapeutics' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Spero Therapeutics 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 Spero Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Spero Stock, please use our How to Invest in Spero Therapeutics guide.At this time, Spero Therapeutics' EBIT is very stable compared to the past year. As of the 22nd of November 2024, EBITDA is likely to grow to about 28.5 M, while Selling General Administrative is likely to drop about 21.3 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 106.2M | 79.1M | 75.3M | 67.0M | Cost Of Revenue | 1.1M | 1.5M | 367K | 348.7K |
Spero Therapeutics income statement Correlations
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Spero Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Spero Therapeutics income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Income | 1.3M | 401K | 346K | 1.1M | 3.9M | 4.1M | |
| Depreciation And Amortization | 750K | 761K | 1.1M | 1.5M | 367K | 684.9K | |
| Selling General Administrative | 15.6M | 21.4M | 41.7M | 36.5M | 25.6M | 21.3M | |
| Total Revenue | 4.7M | 9.3M | 18.3M | 48.6M | 96.7M | 101.6M | |
| Gross Profit | 4.7M | 9.3M | 17.1M | 47.0M | 96.4M | 101.2M | |
| Other Operating Expenses | 68.0M | 88.4M | 106.2M | 79.1M | 77.0M | 67.2M | |
| Operating Income | (63.2M) | (79.1M) | (88.0M) | (42.2M) | 21.5M | 22.6M | |
| Net Income From Continuing Ops | (60.9M) | (78.3M) | (89.8M) | (46.4M) | 22.8M | 23.9M | |
| Ebit | (63.2M) | (79.1M) | (88.3M) | (43.8M) | 26.8M | 28.1M | |
| Research Development | 65.8M | 67.0M | 64.5M | 47.6M | 51.4M | 49.0M | |
| Ebitda | (62.5M) | (78.4M) | (87.2M) | (42.3M) | 27.2M | 28.5M | |
| Cost Of Revenue | 65.8M | 67.0M | 1.1M | 1.5M | 367K | 348.7K | |
| Total Operating Expenses | 68.0M | 88.4M | 106.2M | 79.1M | 75.3M | 67.0M | |
| Income Before Tax | (60.9M) | (78.3M) | (89.8M) | (46.4M) | 25.4M | 26.7M | |
| Total Other Income Expense Net | 2.3M | 833K | (1.8M) | (4.2M) | 3.9M | 4.1M | |
| Net Income Applicable To Common Shares | (60.9M) | (78.3M) | (89.8M) | (46.4M) | (41.8M) | (43.9M) | |
| Net Income | (60.2M) | (77.5M) | (91.3M) | (48.0M) | 22.8M | 23.9M | |
| Income Tax Expense | (750K) | (761K) | 1.5M | 1.6M | 2.6M | 2.7M | |
| Net Interest Income | 1.3M | 401K | (1.6M) | (1.5M) | 3.9M | 4.1M | |
| Reconciled Depreciation | 750K | 761K | 646K | 869K | 367K | 654.5K |
Pair Trading with Spero Therapeutics
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 Spero Therapeutics 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 Spero Therapeutics will appreciate offsetting losses from the drop in the long position's value.Moving against Spero Stock
| 0.57 | EWTX | Edgewise Therapeutics | PairCorr |
| 0.5 | PRAX | Praxis Precision Med | PairCorr |
| 0.5 | ALVO | Alvotech | PairCorr |
| 0.46 | AMLX | Amylyx Pharmaceuticals | PairCorr |
| 0.42 | NTRB | Nutriband | PairCorr |
The ability to find closely correlated positions to Spero Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Spero Therapeutics 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 Spero Therapeutics - 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 Spero Therapeutics to buy it.
The correlation of Spero Therapeutics 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 Spero Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Spero Therapeutics 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 Spero Therapeutics 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Spero Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Spero Stock, please use our How to Invest in Spero Therapeutics guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Biotechnology 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 Spero Therapeutics. If investors know Spero 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 Spero Therapeutics 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 0.753 | Earnings Share 0.08 | Revenue Per Share 2.223 | Quarterly Revenue Growth 2.754 | Return On Assets 0.1048 |
The market value of Spero Therapeutics is measured differently than its book value, which is the value of Spero that is recorded on the company's balance sheet. Investors also form their own opinion of Spero Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Spero Therapeutics' 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 Spero Therapeutics' market value can be influenced by many factors that don't directly affect Spero Therapeutics' 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 Spero Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Spero Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spero Therapeutics' 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.