SurModics Historical Income Statement
| SRDX Stock | USD 39.33 0.14 0.36% |
Historical analysis of SurModics income statement accounts such as Gross Profit of 49.1 M, Other Operating Expenses of 138.3 M, Research Development of 9.5 M or Ebitda of 1.1 M can show how well SurModics performed in making a profits. Evaluating SurModics income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of SurModics's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining SurModics 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 SurModics is a good buy for the upcoming year.
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About SurModics Income Statement Analysis
SurModics 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 SurModics shareholders. The income statement also shows SurModics 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).
SurModics Income Statement Chart
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Total Revenue
Total revenue comprises all receipts SurModics 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 SurModics minus its cost of goods sold. It is profit before SurModics 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 SurModics. It is also known as SurModics 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.Most accounts from SurModics' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into SurModics 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 SurModics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy SurModics Stock please use our How to Invest in SurModics guide.At this time, SurModics' Interest Expense is fairly stable compared to the past year. Selling General Administrative is likely to rise to about 62.6 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 4.6 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 29M | 61.0M | 93.1M | 49.1M | Total Revenue | 100.0M | 132.6M | 126.1M | 75.8M |
SurModics income statement Correlations
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SurModics Account Relationship Matchups
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SurModics income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 7.5M | 8.3M | 9.7M | 9.2M | 6.8M | 4.6M | |
| Interest Expense | 133K | 310K | 598K | 3.5M | 4.0M | 4.2M | |
| Selling General Administrative | 28.4M | 30.7M | 46.9M | 51.9M | 59.7M | 62.6M | |
| Total Revenue | 94.9M | 105.1M | 100.0M | 132.6M | 126.1M | 75.8M | |
| Gross Profit | 29.4M | 41.2M | 29M | 61.0M | 93.1M | 49.1M | |
| Other Operating Expenses | 96.1M | 97.4M | 122.0M | 127.0M | 131.7M | 138.3M | |
| Operating Income | (1.3M) | 6.7M | (22.1M) | 5.2M | (5.6M) | (5.4M) | |
| Ebit | (6.5M) | 3.8M | (21.9M) | 6.0M | (5.6M) | (5.4M) | |
| Research Development | 50.2M | 46.7M | 9.1M | 9.6M | 10M | 9.5M | |
| Ebitda | 967K | 12.2M | (12.2M) | 15.2M | 1.2M | 1.1M | |
| Cost Of Revenue | 65.5M | 63.9M | 71.0M | 71.6M | 33.0M | 26.7M | |
| Total Operating Expenses | 30.6M | 33.5M | 51.1M | 55.4M | 98.7M | 103.6M | |
| Income Before Tax | (1.5M) | 6.3M | (22.5M) | 2.5M | (7.5M) | (7.1M) | |
| Total Other Income Expense Net | (203K) | (357K) | (396K) | (2.7M) | (1.9M) | (2.0M) | |
| Net Income | 1.1M | 4.2M | (27.3M) | (1.5M) | (11.5M) | (11.0M) | |
| Income Tax Expense | (2.6M) | 2.1M | 4.8M | 4.0M | 4.0M | 4.0M | |
| Net Income Applicable To Common Shares | 7.6M | 1.1M | 4.2M | (27.3M) | (24.5M) | (23.3M) | |
| Net Income From Continuing Ops | 1.1M | 4.2M | (27.3M) | (1.5M) | (1.4M) | (1.3M) | |
| Tax Provision | (2.6M) | 2.1M | 4.8M | 4.0M | 3.6M | 1.9M | |
| Reconciled Depreciation | 7.3M | 2.8M | 9.1M | 8.5M | 9.8M | 7.4M | |
| Net Interest Income | (133K) | (310K) | (598K) | (3.5M) | (3.1M) | (3.0M) |
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When running SurModics' price analysis, check to measure SurModics' 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 SurModics is operating at the current time. Most of SurModics' value examination focuses on studying past and present price action to predict the probability of SurModics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SurModics' price. Additionally, you may evaluate how the addition of SurModics to your portfolios can decrease your overall portfolio volatility.