Figs Inc Stock Net Income

FIGS Stock  USD 5.19  0.05  0.97%   
Figs Inc fundamentals help investors to digest information that contributes to Figs' financial success or failures. It also enables traders to predict the movement of Figs Stock. The fundamental analysis module provides a way to measure Figs' 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 Figs stock.
Last ReportedProjected for Next Year
Net Income From Continuing Ops16 M17.1 M
Net Income Applicable To Common Shares24.4 M16.9 M
Net Income22.6 M18.5 M
Net Income Per Share 0.13  0.08 
Net Income Per E B T 0.55  0.53 
Net Income From Continuing Ops is likely to gain to about 17.1 M in 2024, whereas Net Income Applicable To Common Shares is likely to drop slightly above 16.9 M in 2024.
  
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Figs Inc Company Net Income Analysis

Figs' 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 Figs Net Income

    
  22.64 M  
Most of Figs' 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, Figs Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Figs Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Figs is extremely important. It helps to project a fair market value of Figs Stock properly, considering its historical fundamentals such as Net Income. Since Figs' 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 Figs' 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 Figs' 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

Based on the recorded statements, Figs Inc reported net income of 22.64 M. This is 95.57% lower than that of the Health Care Equipment & Supplies sector and 91.23% lower than that of the Health Care industry. The net income for all United States stocks is 96.04% higher than that of the company.

Figs Net Income Peer Comparison

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

Figs ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Figs' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Figs' managers, analysts, and investors.
Environmental
Governance
Social

Figs Institutional Holders

Institutional Holdings refers to the ownership stake in Figs that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Figs' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Figs' value.
Shares
Bank Of New York Mellon Corp2024-06-30
2.3 M
Renaissance Technologies Corp2024-09-30
2.1 M
Bank Of America Corp2024-06-30
1.8 M
Goldman Sachs Group Inc2024-06-30
1.7 M
Balyasny Asset Management Llc2024-09-30
1.6 M
Squarepoint Ops Llc2024-06-30
1.5 M
Citadel Advisors Llc2024-09-30
1.5 M
Northern Trust Corp2024-09-30
1.2 M
Fmr Inc2024-09-30
1.2 M
Bamco Inc2024-09-30
30 M
Vanguard Group Inc2024-09-30
12.6 M

Figs Fundamentals

About Figs Fundamental Analysis

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

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Figs Stock Analysis

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