88E Historical Income Statement

88E Stock

0.09 0 2.70%

Historical analysis of 88 Energy income statement accounts such as Interest Expense of 8.1 K, Total Revenue of 0.0 or Other Operating Expenses of 16.8 M can show how well 88 Energy performed in making a profits. Evaluating 88 Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of 88 Energy's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining 88 Energy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether 88 Energy is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 88 Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

About 88E Income Statement Analysis

88 Energy Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to 88 Energy shareholders. The income statement also shows 88E investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

88 Energy Income Statement Chart

At present, 88 Energy's Total Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Total Other Income Expense Net is expected to grow to about 1.6 M, whereas Interest Expense is forecasted to decline to 8,117.

Depreciation And Amortization Other Operating Expenses Ebit Total Operating Expenses Selling General Administrative Cost Of Revenue

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of 88 Energy. It is also known as 88 Energy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Cost Of Revenue

Cost of Revenue is found on 88 Energy income statement and represents the costs associated with goods and services 88 Energy provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Most accounts from 88 Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into 88 Energy current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 88 Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

	2023	2024 (projected)
Reconciled Depreciation	66.8K	41.3K
Interest Income	500.9K	526.0K

Reconciled Depreciation Interest Income

88 Energy income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Cost Of Revenue	Net Income From Continuing Ops	Net Interest Income	Interest Income	Reconciled Depreciation	Selling And Marketing Expenses
Depreciation And Amortization		-0.11	-0.06	0.06	0.1	-0.24	-0.9	-0.11	0.09	-0.9	-0.07	-0.94	0.85	0.18	0.27	-0.91	0.34	-0.01	0.48	-0.02
Interest Expense	-0.11		0.0	-0.64	-0.36	-0.3	-0.09	-0.43	-0.36	0.03	-0.37	0.11	-0.25	-0.64	0.15	0.07	-0.8	-0.38	0.32	0.29
Total Revenue	-0.06	0.0		0.04	-0.03	0.26	0.2	0.33	-0.03	0.23	0.09	0.16	-0.1	0.38	0.41	0.24	0.08	-0.18	0.27	0.12
Gross Profit	0.06	-0.64	0.04		0.07	-0.16	-0.11	-0.13	0.07	-0.07	-0.06	-0.05	0.06	0.23	-0.18	-0.09	0.49	0.07	-0.34	-0.03
Other Operating Expenses	0.1	-0.36	-0.03	0.07		-0.25	-0.06	0.07	1.0	-0.09	0.21	-0.04	-0.01	0.42	0.17	-0.06	0.73	0.94	0.37	-0.9
Operating Income	-0.24	-0.3	0.26	-0.16	-0.25		0.61	0.93	-0.25	0.4	0.64	0.19	0.07	0.31	-0.36	0.37	0.02	-0.27	-0.5	0.29
Ebit	-0.9	-0.09	0.2	-0.11	-0.06	0.61		0.53	-0.06	0.91	0.36	0.86	-0.68	0.05	-0.35	0.91	-0.17	0.01	-0.55	0.03
Ebitda	-0.11	-0.43	0.33	-0.13	0.07	0.93	0.53		0.08	0.34	0.71	0.13	0.11	0.47	-0.27	0.32	0.3	0.04	-0.32	-0.01
Total Operating Expenses	0.09	-0.36	-0.03	0.07	1.0	-0.25	-0.06	0.08		-0.09	0.21	-0.04	-0.01	0.42	0.17	-0.05	0.73	0.94	0.36	-0.9
Income Before Tax	-0.9	0.03	0.23	-0.07	-0.09	0.4	0.91	0.34	-0.09		0.26	0.97	-0.88	-0.12	-0.29	1.0	-0.24	0.05	-0.46	-0.02
Total Other Income Expense Net	-0.07	-0.37	0.09	-0.06	0.21	0.64	0.36	0.71	0.21	0.26		0.04	0.05	0.26	0.04	0.24	0.43	0.25	-0.05	-0.23
Net Income	-0.94	0.11	0.16	-0.05	-0.04	0.19	0.86	0.13	-0.04	0.97	0.04		-0.95	-0.19	-0.27	0.97	-0.29	0.1	-0.42	-0.06
Income Tax Expense	0.85	-0.25	-0.1	0.06	-0.01	0.07	-0.68	0.11	-0.01	-0.88	0.05	-0.95		0.33	0.15	-0.89	0.32	-0.18	0.24	0.15
Selling General Administrative	0.18	-0.64	0.38	0.23	0.42	0.31	0.05	0.47	0.42	-0.12	0.26	-0.19	0.33		0.05	-0.11	0.66	0.27	0.04	-0.2
Cost Of Revenue	0.27	0.15	0.41	-0.18	0.17	-0.36	-0.35	-0.27	0.17	-0.29	0.04	-0.27	0.15	0.05		-0.28	0.12	0.12	0.86	-0.15
Net Income From Continuing Ops	-0.91	0.07	0.24	-0.09	-0.06	0.37	0.91	0.32	-0.05	1.0	0.24	0.97	-0.89	-0.11	-0.28		-0.24	0.07	-0.43	-0.03
Net Interest Income	0.34	-0.8	0.08	0.49	0.73	0.02	-0.17	0.3	0.73	-0.24	0.43	-0.29	0.32	0.66	0.12	-0.24		0.7	0.15	-0.64
Interest Income	-0.01	-0.38	-0.18	0.07	0.94	-0.27	0.01	0.04	0.94	0.05	0.25	0.1	-0.18	0.27	0.12	0.07	0.7		0.29	-0.94
Reconciled Depreciation	0.48	0.32	0.27	-0.34	0.37	-0.5	-0.55	-0.32	0.36	-0.46	-0.05	-0.42	0.24	0.04	0.86	-0.43	0.15	0.29		-0.3
Selling And Marketing Expenses	-0.02	0.29	0.12	-0.03	-0.9	0.29	0.03	-0.01	-0.9	-0.02	-0.23	-0.06	0.15	-0.2	-0.15	-0.03	-0.64	-0.94	-0.3

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88 Energy Account Relationship Matchups

88 Energy income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	29.5M	(4.5M)	4.7M	68.7M	9.6M	8.5M
Interest Expense	3.1M	2.6M	1.2M	8.6K	8.5K	8.1K
Total Revenue	6.4K	50.6K	58.1K	5.2K	4.4M	2.5K
Gross Profit	35.9K	(93.4K)	(84.4K)	(57.8K)	(64.2K)	(67.4K)
Other Operating Expenses	3.4M	3.5M	5.9M	5.9M	16.0M	16.8M
Operating Income	(33.7M)	(19.4M)	(1.2M)	(5.9M)	(16.0M)	(15.2M)
Ebit	(63.2M)	(19.4M)	(1.2M)	(70.8M)	(16.5M)	(17.4M)
Ebitda	(33.7M)	(24.0M)	3.5M	(2.1M)	(7.0M)	(7.3M)
Total Operating Expenses	3.3M	3.4M	5.8M	5.8M	16.0M	16.8M
Income Before Tax	(36.8M)	(22.0M)	(2.4M)	(70.7M)	(14.4M)	(15.2M)
Total Other Income Expense Net	(33.5M)	(2.6M)	(1.2M)	3.7M	1.6M	1.6M
Net Income	(39.8M)	(24.6M)	(3.6M)	(135.6M)	(14.4M)	(15.2M)
Income Tax Expense	3.0M	2.6M	1.2M	64.8M	(543.2K)	(516.0K)
Selling General Administrative	1.2M	1.4M	3.0M	2.8M	2.7M	2.4M
Cost Of Revenue	58.1K	93.4K	84.4K	60.3K	64.2K	48.1K
Net Income From Continuing Ops	(36.8M)	(22.0M)	(2.4M)	(70.7M)	(14.4M)	(15.2M)
Net Income Applicable To Common Shares	(36.8M)	(22.0M)	(2.4M)	(70.7M)	(63.6M)	(60.5M)
Net Interest Income	(3.1M)	(2.6M)	(1.2M)	10.7K	492.4K	517.0K
Interest Income	20.5K	5.2K	1.4K	19.3K	500.9K	526.0K

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88E Historical Income Statement

About 88E Income Statement Analysis

88 Energy Income Statement Chart

Depreciation And Amortization

Other Operating Expenses

Total Operating Expenses

Cost Of Revenue

88 Energy income statement Correlations

88 Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

88 Energy income statement Accounts

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Other Information on Investing in 88E Stock

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Total Operating Expenses	+ 1.0	Other Operating Expenses
Net Income From Continuing Ops	+ 1.0	Income Before Tax
Net Income	+ 0.97	Income Before Tax
Net Income From Continuing Ops	+ 0.97	Net Income
Interest Income	+ 0.94	Other Operating Expenses
Interest Income	+ 0.94	Total Operating Expenses

Income Tax Expense	- 0.95	Net Income
Selling And Marketing Expenses	- 0.94	Interest Income
Net Income	- 0.94	Depreciation And Amortization
Net Income From Continuing Ops	- 0.91	Depreciation And Amortization
Selling And Marketing Expenses	- 0.9	Total Operating Expenses
Selling And Marketing Expenses	- 0.9	Other Operating Expenses