Iray Technology Co Stock Net Income

688301 Stock   116.60  2.21  1.93%   
iRay Technology Co fundamentals help investors to digest information that contributes to IRay Technology's financial success or failures. It also enables traders to predict the movement of IRay Stock. The fundamental analysis module provides a way to measure IRay Technology's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to IRay Technology stock.
Last ReportedProjected for Next Year
Net Income From Continuing Ops695.5 M450.2 M
Net Income698.6 M451.7 M
As of March 7, 2025, Net Income From Continuing Ops is expected to decline to about 450.2 M. In addition to that, Net Income is expected to decline to about 451.7 M.
  
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iRay Technology Co Company Net Income Analysis

IRay Technology's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current IRay Technology Net Income

    
  607.5 M  
Most of IRay Technology's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, iRay Technology Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

IRay Net Interest Income

Net Interest Income

13.79 Million

At present, IRay Technology's Net Interest Income is projected to increase significantly based on the last few years of reporting.
Based on the recorded statements, iRay Technology Co reported net income of 607.5 M. This is 78.0% higher than that of the Health Care Equipment & Supplies sector and significantly higher than that of the Health Care industry. The net income for all China stocks is 6.4% lower than that of the firm.

IRay Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses IRay Technology's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of IRay Technology could also be used in its relative valuation, which is a method of valuing IRay Technology by comparing valuation metrics of similar companies.
IRay Technology is currently under evaluation in net income category among its peers.

IRay Fundamentals

About IRay Technology Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze iRay Technology Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IRay Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of iRay Technology Co based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in IRay Stock

IRay Technology financial ratios help investors to determine whether IRay Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in IRay with respect to the benefits of owning IRay Technology security.