Profound Income Tax Expense from 2010 to 2025

PROF Stock  USD 6.68  0.13  1.91%   
Profound Medical's Income Tax Expense is decreasing over the last several years with slightly volatile swings. Income Tax Expense is estimated to finish at -1,900 this year. During the period from 2010 to 2025 Profound Medical Corp Income Tax Expense regressed destribution of quarterly values had coefficient of variationof  183.53 and r-value of (0.48). View All Fundamentals
 
Income Tax Expense  
First Reported
2014-03-31
Previous Quarter
177 K
Current Value
-238 K
Quarterly Volatility
284.5 K
 
Yuan Drop
 
Covid
Check Profound Medical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Profound Medical's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.3 M, Interest Expense of 731 K or Selling General Administrative of 24.3 M, as well as many indicators such as Price To Sales Ratio of 33.11, Dividend Yield of 0.0 or PTB Ratio of 3.42. Profound financial statements analysis is a perfect complement when working with Profound Medical Valuation or Volatility modules.
  
Check out the analysis of Profound Medical Correlation against competitors.

Latest Profound Medical's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Profound Medical Corp over the last few years. It is Profound Medical's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Profound Medical's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Profound Income Tax Expense Regression Statistics

Arithmetic Mean138,823
Geometric Mean97,084
Coefficient Of Variation183.53
Mean Deviation193,289
Median148,418
Standard Deviation254,783
Sample Variance64.9B
Range933.6K
R-Value(0.48)
Mean Square Error53.7B
R-Squared0.23
Significance0.06
Slope(25,517)
Total Sum of Squares973.7B

Profound Income Tax Expense History

2025 -1900.0
2024 -2000.0
2023-128 K
2022287 K
2021105 K
202045 K
2019148.4 K

About Profound Medical Financial Statements

Profound Medical stakeholders use historical fundamental indicators, such as Profound Medical's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Profound Medical investors may analyze each financial statement separately, they are all interrelated. For example, changes in Profound Medical's assets and liabilities are reflected in the revenues and expenses on Profound Medical's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Profound Medical Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense-2 K-1.9 K

Currently Active Assets on Macroaxis

When determining whether Profound Medical Corp is a strong investment it is important to analyze Profound Medical'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 Profound Medical's future performance. For an informed investment choice regarding Profound Stock, refer to the following important reports:
Check out the analysis of Profound Medical Correlation against competitors.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Health Care Equipment & Supplies 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 Profound Medical. If investors know Profound 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 Profound Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.12)
Revenue Per Share
0.431
Quarterly Revenue Growth
0.844
Return On Assets
(0.36)
Return On Equity
(0.61)
The market value of Profound Medical Corp is measured differently than its book value, which is the value of Profound that is recorded on the company's balance sheet. Investors also form their own opinion of Profound Medical's value that differs from its market value or its book value, called intrinsic value, which is Profound Medical'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 Profound Medical's market value can be influenced by many factors that don't directly affect Profound Medical'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 Profound Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Profound Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Profound Medical'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.