Fortuna Income Before Tax from 2010 to 2024

FSM Stock  USD 4.78  0.03  0.62%   
Fortuna Silver Income Before Tax yearly trend continues to be very stable with very little volatility. Income Before Tax is likely to grow to about -10.5 M this year. During the period from 2010 to 2024, Fortuna Silver Income Before Tax quarterly data regression pattern had sample variance of 3237.1 T and median of  38,335,000. View All Fundamentals
 
Income Before Tax  
First Reported
2003-12-31
Previous Quarter
51 M
Current Value
69.5 M
Quarterly Volatility
25.7 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Fortuna Silver financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fortuna Silver's main balance sheet or income statement drivers, such as Interest Expense of 23.3 M, Other Operating Expenses of 885 M or EBIT of 10.5 M, as well as many indicators such as Price To Sales Ratio of 1.28, Dividend Yield of 0.0 or PTB Ratio of 0.97. Fortuna financial statements analysis is a perfect complement when working with Fortuna Silver Valuation or Volatility modules.
  
Check out the analysis of Fortuna Silver Correlation against competitors.

Latest Fortuna Silver's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Fortuna Silver Mines over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Fortuna Silver income statement and is an important metric when analyzing Fortuna Silver Mines profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Fortuna Silver's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Fortuna Silver's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Pretty Stable
   Income Before Tax   
       Timeline  

Fortuna Income Before Tax Regression Statistics

Arithmetic Mean25,737,002
Geometric Mean21,736,157
Coefficient Of Variation221.07
Mean Deviation41,908,531
Median38,335,000
Standard Deviation56,895,821
Sample Variance3237.1T
Range232.3M
R-Value(0.16)
Mean Square Error3400.1T
R-Squared0.02
Significance0.58
Slope(1,999,002)
Total Sum of Squares45319.9T

Fortuna Income Before Tax History

2024-10.5 M
2023-11.1 M
2022-125.1 M
2021107.2 M
202059 M
201944 M
201867.3 M

About Fortuna Silver Financial Statements

Fortuna Silver investors utilize fundamental indicators, such as Income Before Tax, to predict how Fortuna Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Income Before Tax-11.1 M-10.5 M

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When determining whether Fortuna Silver Mines is a strong investment it is important to analyze Fortuna Silver's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fortuna Silver's future performance. For an informed investment choice regarding Fortuna Stock, refer to the following important reports:
Check out the analysis of Fortuna Silver Correlation against competitors.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Metals & Mining 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 Fortuna Silver. If investors know Fortuna 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 Fortuna Silver 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
0.778
Earnings Share
0.07
Revenue Per Share
3.329
Quarterly Revenue Growth
0.131
Return On Assets
0.0404
The market value of Fortuna Silver Mines is measured differently than its book value, which is the value of Fortuna that is recorded on the company's balance sheet. Investors also form their own opinion of Fortuna Silver's value that differs from its market value or its book value, called intrinsic value, which is Fortuna Silver's 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 Fortuna Silver's market value can be influenced by many factors that don't directly affect Fortuna Silver's 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 Fortuna Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortuna Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortuna Silver's 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.