Xometry Historical Income Statement
| XMTR Stock | USD 32.71 1.31 4.17% |
Historical analysis of Xometry income statement accounts such as Net Interest Income of 7.2 M, Interest Income of 12.2 M, Depreciation And Amortization of 8 M or Interest Expense of 2.5 M can show how well Xometry performed in making a profits. Evaluating Xometry income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Xometry's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Xometry 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 Xometry is a good buy for the upcoming year.
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About Xometry Income Statement Analysis
Xometry 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 Xometry shareholders. The income statement also shows Xometry 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).
Xometry Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Xometry 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 Xometry minus its cost of goods sold. It is profit before Xometry 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 Xometry's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Xometry 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 Xometry. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Xometry Stock, please use our How to Invest in Xometry guide.At this time, Xometry's Net Interest Income is relatively stable compared to the past year. As of 11/26/2024, Interest Income is likely to grow to about 12.2 M, while Interest Expense is likely to drop slightly above 2.5 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 852K | 4.4M | 4.8M | 2.5M | Depreciation And Amortization | 4.7M | 15.1M | 10.7M | 8.0M |
Xometry income statement Correlations
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Xometry Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Xometry
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 Xometry 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 Xometry will appreciate offsetting losses from the drop in the long position's value.Moving together with Xometry Stock
Moving against Xometry Stock
The ability to find closely correlated positions to Xometry could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Xometry 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 Xometry - 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 Xometry to buy it.
The correlation of Xometry 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 Xometry moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Xometry 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 Xometry 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 Xometry Stock Analysis
When running Xometry's price analysis, check to measure Xometry'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 Xometry is operating at the current time. Most of Xometry's value examination focuses on studying past and present price action to predict the probability of Xometry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xometry's price. Additionally, you may evaluate how the addition of Xometry to your portfolios can decrease your overall portfolio volatility.