Akso Historical Income Statement
| AHG Stock | USD 1.23 0.12 10.81% |
Historical analysis of Akso Health income statement accounts such as Selling General Administrative of 13.5 M, Selling And Marketing Expenses of 160 K or Total Revenue of 2.3 M can show how well Akso Health Group performed in making a profits. Evaluating Akso Health income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Akso Health's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Akso Health Group 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 Akso Health Group is a good buy for the upcoming year.
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About Akso Income Statement Analysis
Akso Health Group 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 Akso Health shareholders. The income statement also shows Akso 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).
Akso Health Income Statement Chart
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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.Total Revenue
Total revenue comprises all receipts Akso Health Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Akso Health Group minus its cost of goods sold. It is profit before Akso Health operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.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.Most accounts from Akso Health's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Akso Health Group 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 Akso Health Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. At this time, Akso Health's Net Interest Income is most likely to decrease significantly in the upcoming years. The Akso Health's current Discontinued Operations is estimated to increase to about 14.3 M, while Total Revenue is projected to decrease to roughly 2.3 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 916.2K | 1.3M | 122.1K | 116.0K | Total Revenue | 6.3M | 13.2M | 2.4M | 2.3M |
Akso Health income statement Correlations
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Akso Health Account Relationship Matchups
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Akso Health income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 2.2M | 15.2K | (762.2K) | 18.4K | 138.2K | 187.4K | |
| Selling General Administrative | 26.8M | 27.3M | 15.4M | 15.5M | 8.6M | 13.5M | |
| Selling And Marketing Expenses | 16.5M | 1.1M | 240.9K | 6.7K | 168.4K | 160K | |
| Total Revenue | 11.4M | 1.8M | 6.3M | 13.2M | 2.4M | 2.3M | |
| Gross Profit | 6.4M | 1.2M | 916.2K | 1.3M | 122.1K | 116.0K | |
| Other Operating Expenses | 48.3M | 28.9M | 21.4M | 27.4M | 11.1M | 10.5M | |
| Operating Income | (36.8M) | (27.1M) | (15.1M) | (14.3M) | (8.6M) | (8.2M) | |
| Ebit | (36.8M) | (2.1M) | (15.1M) | (14.3M) | (8.6M) | (8.2M) | |
| Research Development | 1.0M | 544.6K | 421.2K | (0.99) | 3.76 | 3.57 | |
| Ebitda | (34.6M) | (2.1M) | (15.9M) | (14.2M) | (8.5M) | (8.1M) | |
| Cost Of Revenue | 5.0M | 544.6K | 5.4M | 11.9M | 2.3M | 2.2M | |
| Total Operating Expenses | 43.3M | 28.4M | 16.0M | 15.5M | 8.8M | 8.3M | |
| Income Before Tax | (66.9M) | (31.1M) | (16.7M) | (13.1M) | (9.1M) | (8.6M) | |
| Total Other Income Expense Net | (30.1M) | (3.9M) | (1.6M) | 1.2M | (453.8K) | (476.4K) | |
| Net Income | (71.2M) | (31.6M) | (16.8M) | (13.1M) | (9.5M) | (9.9M) | |
| Income Tax Expense | 4.3M | 483.0K | 131.4K | 17.5K | 25.0K | 23.7K | |
| Tax Provision | 4.3M | 483.0K | 131.4K | 17.5K | 25.0K | 23.7K | |
| Net Income From Continuing Ops | (71.2M) | (31.6M) | (16.8M) | (13.1M) | (9.1M) | (9.6M) | |
| Reconciled Depreciation | 406.8K | 580.5K | 15.2K | 18.4K | 16.6K | 15.7K | |
| Net Income Applicable To Common Shares | (71.2M) | (34.8M) | (16.9M) | (1.4M) | (1.2M) | (1.3M) |
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When determining whether Akso Health Group is a strong investment it is important to analyze Akso Health'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 Akso Health's future performance. For an informed investment choice regarding Akso Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Akso Health Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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 Akso Health. If investors know Akso 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 Akso Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.21) | Revenue Per Share 0.051 | Quarterly Revenue Growth 0.148 | Return On Assets (0.07) | Return On Equity (0.12) |
The market value of Akso Health Group is measured differently than its book value, which is the value of Akso that is recorded on the company's balance sheet. Investors also form their own opinion of Akso Health's value that differs from its market value or its book value, called intrinsic value, which is Akso Health'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 Akso Health's market value can be influenced by many factors that don't directly affect Akso Health'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 Akso Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Akso Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Akso Health'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.