Sernova Historical Income Statement

SVA Stock

0.23 0.01 4.17%

Historical analysis of Sernova Corp income statement accounts such as Research Development of 39 M, Interest Expense of 28.4 K, Cost Of Revenue of 538 K or Total Other Income Expense Net of 1.8 M can show how well Sernova Corp performed in making a profits. Evaluating Sernova Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Sernova Corp'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 Sernova 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 Sernova Corp is a good buy for the upcoming year.

Net Income Gross Profit

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sernova 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 board of governors.

About Sernova Income Statement Analysis

Sernova 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 Sernova Corp shareholders. The income statement also shows Sernova 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).

Sernova Corp Income Statement Chart

At this time, Sernova Corp's Interest Income is very stable compared to the past year. As of the 29th of November 2024, Net Interest Income is likely to grow to about 1.8 M, while Depreciation And Amortization is likely to drop about 379.3 K.

Other Operating Expenses Total Operating Expenses Research Development Cost Of Revenue

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Sernova Corp. It is also known as Sernova Corp 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.

Cost Of Revenue

Cost of Revenue is found on Sernova Corp income statement and represents the costs associated with goods and services Sernova Corp 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 Sernova Corp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Sernova 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 Sernova 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 board of governors.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	24.8M	41.1M	47.3M	49.7M
Depreciation And Amortization	440.0K	445.6K	512.4K	379.3K

Other Operating Expenses Depreciation And Amortization

Sernova Corp income statement Correlations

	Depreciation And Amortization	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Net Income	Income Tax Expense	Gross Profit	Research Development	Interest Expense	Cost Of Revenue	Income Before Tax	Total Other Income Expense Net	Selling General Administrative	Interest Income	Net Interest Income	Net Income From Continuing Ops	Reconciled Depreciation	Selling And Marketing Expenses
Depreciation And Amortization		0.22	-0.23	-0.23	-0.21	0.22	-0.23	-0.26	-0.16	0.21	-0.34	0.12	-0.22	0.19	0.18	0.2	0.22	-0.23	0.2	-0.11
Other Operating Expenses	0.22		-0.98	-0.98	-0.98	1.0	-0.98	-0.87	-0.86	1.0	-0.03	0.93	-0.98	0.9	0.98	0.98	0.98	-0.98	0.87	-0.76
Operating Income	-0.23	-0.98		1.0	1.0	-0.98	1.0	0.86	0.9	-0.98	0.02	-0.93	1.0	-0.86	-0.98	-0.95	-0.96	1.0	-0.91	0.63
Ebit	-0.23	-0.98	1.0		1.0	-0.98	1.0	0.86	0.9	-0.98	0.02	-0.93	1.0	-0.86	-0.98	-0.95	-0.96	1.0	-0.91	0.63
Ebitda	-0.21	-0.98	1.0	1.0		-0.98	1.0	0.85	0.9	-0.98	0.01	-0.93	1.0	-0.86	-0.98	-0.95	-0.96	1.0	-0.91	0.63
Total Operating Expenses	0.22	1.0	-0.98	-0.98	-0.98		-0.98	-0.87	-0.86	1.0	-0.03	0.93	-0.98	0.9	0.98	0.98	0.98	-0.98	0.87	-0.76
Net Income	-0.23	-0.98	1.0	1.0	1.0	-0.98		0.84	0.91	-0.98	0.01	-0.94	1.0	-0.84	-0.98	-0.94	-0.95	1.0	-0.91	0.62
Income Tax Expense	-0.26	-0.87	0.86	0.86	0.85	-0.87	0.84		0.59	-0.89	0.17	-0.68	0.85	-0.98	-0.77	-0.95	-0.94	0.85	-0.62	0.68
Gross Profit	-0.16	-0.86	0.9	0.9	0.9	-0.86	0.91	0.59		-0.84	-0.04	-0.97	0.9	-0.61	-0.91	-0.76	-0.77	0.88	-0.96	0.48
Research Development	0.21	1.0	-0.98	-0.98	-0.98	1.0	-0.98	-0.89	-0.84		-0.02	0.92	-0.98	0.92	0.97	0.99	0.99	-0.98	0.85	-0.77
Interest Expense	-0.34	-0.03	0.02	0.02	0.01	-0.03	0.01	0.17	-0.04	-0.02		0.15	0.01	-0.08	0.04	-0.07	-0.06	-0.03	0.15	0.09
Cost Of Revenue	0.12	0.93	-0.93	-0.93	-0.93	0.93	-0.94	-0.68	-0.97	0.92	0.15		-0.93	0.73	0.96	0.86	0.86	-0.92	0.96	-0.65
Income Before Tax	-0.22	-0.98	1.0	1.0	1.0	-0.98	1.0	0.85	0.9	-0.98	0.01	-0.93		-0.85	-0.98	-0.94	-0.95	1.0	-0.91	0.62
Total Other Income Expense Net	0.19	0.9	-0.86	-0.86	-0.86	0.9	-0.84	-0.98	-0.61	0.92	-0.08	0.73	-0.85		0.81	0.97	0.96	-0.86	0.64	-0.78
Selling General Administrative	0.18	0.98	-0.98	-0.98	-0.98	0.98	-0.98	-0.77	-0.91	0.97	0.04	0.96	-0.98	0.81		0.93	0.94	-0.97	0.91	-0.71
Interest Income	0.2	0.98	-0.95	-0.95	-0.95	0.98	-0.94	-0.95	-0.76	0.99	-0.07	0.86	-0.94	0.97	0.93		1.0	-0.95	0.78	-0.79
Net Interest Income	0.22	0.98	-0.96	-0.96	-0.96	0.98	-0.95	-0.94	-0.77	0.99	-0.06	0.86	-0.95	0.96	0.94	1.0		-0.96	0.79	-0.78
Net Income From Continuing Ops	-0.23	-0.98	1.0	1.0	1.0	-0.98	1.0	0.85	0.88	-0.98	-0.03	-0.92	1.0	-0.86	-0.97	-0.95	-0.96		-0.9	0.62
Reconciled Depreciation	0.2	0.87	-0.91	-0.91	-0.91	0.87	-0.91	-0.62	-0.96	0.85	0.15	0.96	-0.91	0.64	0.91	0.78	0.79	-0.9		-0.45
Selling And Marketing Expenses	-0.11	-0.76	0.63	0.63	0.63	-0.76	0.62	0.68	0.48	-0.77	0.09	-0.65	0.62	-0.78	-0.71	-0.79	-0.78	0.62	-0.45

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Sernova Corp Account Relationship Matchups

Sernova Corp income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	225.2K	267.2K	440.0K	445.6K	512.4K	379.3K
Other Operating Expenses	5.3M	6.9M	24.8M	41.1M	47.3M	49.7M
Operating Income	(5.2M)	(6.9M)	(24.2M)	(41.1M)	(37.0M)	(35.2M)
Ebit	(5.2M)	(6.9M)	(24.2M)	(41.1M)	(37.0M)	(35.2M)
Ebitda	(5.0M)	(6.6M)	(23.7M)	(40.7M)	(36.6M)	(34.8M)
Total Operating Expenses	5.3M	6.9M	24.8M	40.7M	46.8M	49.1M
Net Income	(5.4M)	(7.0M)	(24.5M)	(39.0M)	(35.1M)	(33.3M)
Income Tax Expense	86.3K	58.4K	118.0K	(629.0K)	(566.1K)	(537.8K)
Gross Profit	(225.2K)	(267.2K)	(440.0K)	(445.6K)	(401.0K)	(380.9K)
Research Development	2.8M	4.6M	16.9M	32.3M	37.1M	39.0M
Interest Expense	86.3K	58.4K	118.0K	32.1K	28.9K	28.4K
Cost Of Revenue	225.2K	267.2K	440.0K	445.6K	512.4K	538.0K
Income Before Tax	(5.3M)	(7.0M)	(24.4M)	(39.6M)	(35.7M)	(33.9M)
Total Other Income Expense Net	(100.4K)	(99.6K)	(244.1K)	1.5M	1.7M	1.8M
Selling General Administrative	2.5M	2.3M	7.8M	8.5M	9.7M	10.2M
Interest Income	18.3K	19.2K	333.2K	1.5M	1.7M	1.8M
Net Income Applicable To Common Shares	(4.0M)	(5.3M)	(7.0M)	(24.4M)	(22.0M)	(20.9M)
Net Interest Income	(47.4K)	12.2K	459.3K	1.5M	1.7M	1.8M
Net Income From Continuing Ops	(5.3M)	(7.0M)	(24.4M)	(39.0M)	(35.1M)	(33.3M)
Reconciled Depreciation	225.2K	267.2K	440.0K	445.6K	512.4K	316.7K

Pair Trading with Sernova Corp

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 Sernova Corp 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 Sernova Corp will appreciate offsetting losses from the drop in the long position's value.

Moving against Sernova Stock

0.57

BHC

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Pair Corr

The ability to find closely correlated positions to Sernova Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sernova Corp 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 Sernova Corp - 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 Sernova Corp to buy it.

The correlation of Sernova Corp 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 Sernova Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sernova 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 Sernova Corp 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.

Pair Correlation Correlation Matching

Other Information on Investing in Sernova Stock

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Sernova Historical Income Statement

About Sernova Income Statement Analysis

Sernova Corp Income Statement Chart

Other Operating Expenses

Total Operating Expenses

Cost Of Revenue

Sernova Corp income statement Correlations

Sernova Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sernova Corp income statement Accounts

Pair Trading with Sernova Corp

Moving against Sernova Stock

Other Information on Investing in Sernova Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Operating Expenses	+ 1.0	Other Operating Expenses
Research Development	+ 1.0	Other Operating Expenses
Ebit	+ 1.0	Operating Income
Ebitda	+ 1.0	Operating Income
Net Income	+ 1.0	Operating Income
Income Before Tax	+ 1.0	Operating Income

Selling General Administrative	- 0.98	Income Before Tax
Net Income From Continuing Ops	- 0.98	Research Development
Income Before Tax	- 0.98	Research Development
Total Other Income Expense Net	- 0.98	Income Tax Expense
Selling General Administrative	- 0.98	Net Income
Research Development	- 0.98	Net Income