Syntec Net Income from 2010 to 2024

OPTX Stock   3.50  1.56  80.41%   
Syntec Optics Net Income yearly trend continues to be fairly stable with very little volatility. Net Income will likely drop to about 1.3 M in 2024. During the period from 2010 to 2024, Syntec Optics Net Income regression line of annual values had significance of  0.02 and arithmetic mean of  2,789,742. View All Fundamentals
 
Net Income  
First Reported
2010-12-31
Previous Quarter
M
Current Value
1.3 M
Quarterly Volatility
1.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Syntec Optics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Syntec Optics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.4 M, Interest Expense of 434.7 K or Selling General Administrative of 6.7 M, as well as many indicators such as Price To Sales Ratio of 9.27, Dividend Yield of 8.0E-4 or PTB Ratio of 10.78. Syntec financial statements analysis is a perfect complement when working with Syntec Optics Valuation or Volatility modules.
  
Check out the analysis of Syntec Optics Correlation against competitors.

Latest Syntec Optics' Net Income Growth Pattern

Below is the plot of the Net Income of Syntec Optics Holdings over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Syntec Optics Holdings financial statement analysis. It represents the amount of money remaining after all of Syntec Optics Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Syntec Optics' Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Syntec Optics' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.98 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Syntec Net Income Regression Statistics

Arithmetic Mean2,789,742
Coefficient Of Variation38.21
Mean Deviation739,861
Median3,252,155
Standard Deviation1,065,957
Sample Variance1.1T
Range3.7M
R-Value(0.60)
Mean Square Error786.2B
R-Squared0.36
Significance0.02
Slope(142,515)
Total Sum of Squares15.9T

Syntec Net Income History

20241.3 M
2023M
2022-434.6 K

Other Fundumenentals of Syntec Optics Holdings

Syntec Optics Net Income component correlations

About Syntec Optics Financial Statements

Syntec Optics investors use historical fundamental indicators, such as Syntec Optics' Net Income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Syntec Optics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Income From Continuing OpsM1.3 M
Net IncomeM1.3 M
Net Income Per Share 0.06  0.08 
Net Income Per E B T 1.57  0.87 

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Additional Tools for Syntec Stock Analysis

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