Water Historical Income Statement

WWT Stock  CAD 0.01  0.01  50.00%   
Historical analysis of Water Ways income statement accounts such as Other Operating Expenses of 15.6 M, Total Operating Expenses of 10.2 M, Selling General Administrative of 1.3 M or Interest Expense of 307.6 K can show how well Water Ways Technologies performed in making a profits. Evaluating Water Ways income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Water Ways's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Water Ways Technologies 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 Water Ways Technologies is a good buy for the upcoming year.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Water Ways Technologies. 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 Water Income Statement Analysis

Water Ways Technologies 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 Water Ways shareholders. The income statement also shows Water 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).

Water Ways Income Statement Chart

At this time, Water Ways' Other Operating Expenses is fairly stable compared to the past year. Total Operating Expenses is likely to climb to about 10.2 M in 2024, despite the fact that EBITDA is likely to grow to (1.6 M).

Other Operating Expenses

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

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Water Ways Technologies minus its cost of goods sold. It is profit before Water Ways 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.
Most accounts from Water Ways' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Water Ways Technologies 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Water Ways Technologies. 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.
At this time, Water Ways' Other Operating Expenses is fairly stable compared to the past year. Total Operating Expenses is likely to climb to about 10.2 M in 2024, despite the fact that EBITDA is likely to grow to (1.6 M).
 2021 2022 2023 2024 (projected)
Reconciled Depreciation194K262K265K206.1K
Depreciation And Amortization194K262K301.3K184.8K

Water Ways income statement Correlations

-0.73-0.850.81-0.6-0.30.82-0.62-0.120.770.47-0.62-0.720.760.470.420.740.760.73
-0.730.65-0.550.510.5-0.740.56-0.15-0.290.070.550.95-0.27-0.75-0.17-0.77-0.79-0.77
-0.850.65-0.830.260.22-0.790.28-0.21-0.6-0.310.280.65-0.57-0.4-0.09-0.52-0.53-0.5
0.81-0.55-0.83-0.39-0.140.53-0.42-0.030.510.15-0.43-0.410.520.670.10.560.570.59
-0.60.510.26-0.390.23-0.531.00.77-0.46-0.241.00.45-0.49-0.39-0.4-0.38-0.38-0.47
-0.30.50.22-0.140.23-0.520.26-0.13-0.290.230.260.540.09-0.320.06-0.39-0.4-0.42
0.82-0.74-0.790.53-0.53-0.52-0.55-0.030.630.36-0.54-0.830.530.280.260.60.590.58
-0.620.560.28-0.421.00.26-0.550.73-0.43-0.191.00.48-0.46-0.46-0.38-0.42-0.42-0.51
-0.12-0.15-0.21-0.030.77-0.13-0.030.73-0.25-0.270.74-0.21-0.320.07-0.290.150.170.04
0.77-0.29-0.60.51-0.46-0.290.63-0.43-0.250.59-0.44-0.370.7-0.020.390.40.440.42
0.470.07-0.310.15-0.240.230.36-0.19-0.270.59-0.2-0.090.87-0.430.340.190.210.2
-0.620.550.28-0.431.00.26-0.541.00.74-0.44-0.20.47-0.47-0.45-0.39-0.41-0.42-0.5
-0.720.950.65-0.410.450.54-0.830.48-0.21-0.37-0.090.47-0.34-0.52-0.22-0.72-0.74-0.7
0.76-0.27-0.570.52-0.490.090.53-0.46-0.320.70.87-0.47-0.34-0.010.370.370.420.41
0.47-0.75-0.40.67-0.39-0.320.28-0.460.07-0.02-0.43-0.45-0.52-0.01-0.010.630.630.66
0.42-0.17-0.090.1-0.40.060.26-0.38-0.290.390.34-0.39-0.220.37-0.010.280.290.12
0.74-0.77-0.520.56-0.38-0.390.6-0.420.150.40.19-0.41-0.720.370.630.280.990.97
0.76-0.79-0.530.57-0.38-0.40.59-0.420.170.440.21-0.42-0.740.420.630.290.990.97
0.73-0.77-0.50.59-0.47-0.420.58-0.510.040.420.2-0.5-0.70.410.660.120.970.97
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Water Ways Account Relationship Matchups

Water Ways income statement Accounts

201920202021202220232024 (projected)
Operating Income(2.4M)(926K)(946K)(2.1M)(3.1M)(3.0M)
Total Operating Expenses3.6M2.3M3.9M3.9M9.7M10.2M
Net Income(2.4M)(1.1M)(5.4M)2.1M(3.2M)(3.1M)
Income Tax Expense(66K)72K(5K)(65K)(58.5K)(55.6K)
Selling General Administrative3.6M1.5M2.4M2.2M2.7M1.3M
Income Before Tax(2.4M)(1.1M)(5.3M)2.0M(3.7M)(3.5M)
Total Other Income Expense Net(10K)(21K)(4.1M)4.3M(267K)(253.7K)
Interest Expense146K147K148K199K293K307.7K
Total Revenue9.6M9.5M16.2M10.8M6.6M9.3M
Gross Profit1.2M1.4M3.0M1.8M392K372.4K
Net Income From Continuing Ops(2.4M)(1.2M)(5.3M)2.1M(3.6M)(3.4M)
Ebit(2.3M)(926K)(1.0M)(2.1M)(1.9M)(1.8M)
Cost Of Revenue8.4M8.1M13.2M9.0M6.2M9.1M
Net Income Applicable To Common Shares417K(2.4M)(1.1M)(5.4M)(4.9M)(4.6M)

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Additional Tools for Water Stock Analysis

When running Water Ways' price analysis, check to measure Water Ways' 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 Water Ways is operating at the current time. Most of Water Ways' value examination focuses on studying past and present price action to predict the probability of Water Ways' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Water Ways' price. Additionally, you may evaluate how the addition of Water Ways to your portfolios can decrease your overall portfolio volatility.