Carerx Corp Stock Net Income

CRRX Stock  CAD 1.89  0.01  0.53%   
CareRx Corp fundamentals help investors to digest information that contributes to CareRx Corp's financial success or failures. It also enables traders to predict the movement of CareRx Stock. The fundamental analysis module provides a way to measure CareRx Corp'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 CareRx Corp stock.
Last ReportedProjected for Next Year
Net Loss-5.4 M-5.7 M
Net Loss-30.9 M-29.4 M
Net Loss-5.4 M-5.7 M
Net Loss(0.09)(0.10)
Net Income Per E B T 0.56  0.48 
As of the 2nd of December 2024, Net Loss is likely to drop to about (5.7 M). In addition to that, Net Loss is likely to grow to about (29.4 M).
  
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CareRx Corp Company Net Income Analysis

CareRx Corp'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 CareRx Corp Net Income

    
  (5.41 M)  
Most of CareRx Corp'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, CareRx Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

CareRx Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for CareRx Corp is extremely important. It helps to project a fair market value of CareRx Stock properly, considering its historical fundamentals such as Net Income. Since CareRx Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of CareRx Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of CareRx Corp's interrelated accounts and indicators.
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

CareRx Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

7.66 Million

At this time, CareRx Corp's Accumulated Other Comprehensive Income is very stable compared to the past year.
Based on the recorded statements, CareRx Corp reported net income of (5.41 Million). This is 101.58% lower than that of the Health Care Providers & Services sector and significantly lower than that of the Health Care industry. The net income for all Canada stocks is 100.95% higher than that of the company.

CareRx Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CareRx Corp'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 CareRx Corp could also be used in its relative valuation, which is a method of valuing CareRx Corp by comparing valuation metrics of similar companies.
CareRx Corp is currently under evaluation in net income category among its peers.

CareRx Fundamentals

About CareRx Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze CareRx Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CareRx Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CareRx Corp 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.

Other Information on Investing in CareRx Stock

CareRx Corp financial ratios help investors to determine whether CareRx 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 CareRx with respect to the benefits of owning CareRx Corp security.