AudioCodes Historical Income Statement

AUDC Stock

USD 9.10 0.23 2.47%

Historical analysis of AudioCodes income statement accounts such as Interest Expense of 1.1 M, Selling General Administrative of 12.4 M or Total Revenue of 150.4 M can show how well AudioCodes performed in making a profits. Evaluating AudioCodes income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of AudioCodes'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 AudioCodes 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 AudioCodes 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 AudioCodes. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

For information on how to trade AudioCodes Stock refer to our How to Trade AudioCodes Stock guide.

About AudioCodes Income Statement Analysis

AudioCodes 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 AudioCodes shareholders. The income statement also shows AudioCodes 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).

AudioCodes Income Statement Chart

At present, AudioCodes' Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 16.7 M, whereas Interest Expense is forecasted to decline to about 1.1 M.

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses Cost Of Revenue

Total Revenue

Total revenue comprises all receipts AudioCodes 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 AudioCodes minus its cost of goods sold. It is profit before AudioCodes 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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of AudioCodes. It is also known as AudioCodes 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.

Cost Of Revenue

Cost of Revenue is found on AudioCodes income statement and represents the costs associated with goods and services AudioCodes 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 AudioCodes' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into AudioCodes 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 AudioCodes. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

For information on how to trade AudioCodes Stock refer to our How to Trade AudioCodes Stock guide.At present, AudioCodes' Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 16.7 M, whereas Interest Expense is forecasted to decline to about 1.1 M.

	2021	2022	2023	2024 (projected)
Interest Expense	621K	2.9M	1.6M	1.1M
Depreciation And Amortization	2.4M	3.0M	2.6M	3.5M

Interest Expense Depreciation And Amortization

AudioCodes income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Research Development	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling And Marketing Expenses	Net Income From Continuing Ops	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.28	0.28	0.41	0.36	0.46	0.08	0.09	0.4	0.09	0.45	0.45	0.1	0.06	0.04	0.15	0.46	0.05	0.11	0.14	0.21	0.33
Interest Expense	0.28		0.69	0.58	0.61	0.56	0.45	0.46	0.65	0.45	0.45	0.61	0.49	0.76	0.42	0.39	0.63	0.49	0.35	0.68	0.49	0.84
Selling General Administrative	0.28	0.69		0.93	0.93	0.89	0.7	0.71	0.95	0.71	0.79	0.92	0.7	0.38	0.69	0.4	0.91	0.75	0.29	0.77	-0.09	0.39
Total Revenue	0.41	0.58	0.93		0.97	0.98	0.65	0.65	0.99	0.68	0.9	0.99	0.64	0.25	0.7	0.25	0.97	0.71	0.13	0.71	-0.08	0.26
Gross Profit	0.36	0.61	0.93	0.97		0.92	0.78	0.78	0.97	0.82	0.78	0.97	0.78	0.31	0.78	0.41	0.95	0.8	0.3	0.77	-0.11	0.35
Other Operating Expenses	0.46	0.56	0.89	0.98	0.92		0.48	0.49	0.97	0.53	0.96	0.98	0.48	0.19	0.56	0.12	0.97	0.58	-0.01	0.64	-0.01	0.22
Operating Income	0.08	0.45	0.7	0.65	0.78	0.48		1.0	0.64	0.99	0.29	0.59	1.0	0.35	0.92	0.68	0.57	0.91	0.6	0.7	-0.34	0.36
Ebit	0.09	0.46	0.71	0.65	0.78	0.49	1.0		0.64	0.99	0.3	0.6	1.0	0.36	0.91	0.68	0.58	0.91	0.61	0.72	-0.34	0.37
Research Development	0.4	0.65	0.95	0.99	0.97	0.97	0.64	0.64		0.67	0.88	0.99	0.64	0.29	0.67	0.28	0.97	0.7	0.16	0.74	-0.03	0.33
Ebitda	0.09	0.45	0.71	0.68	0.82	0.53	0.99	0.99	0.67		0.33	0.64	0.99	0.35	0.92	0.66	0.6	0.9	0.59	0.69	-0.32	0.34
Cost Of Revenue	0.45	0.45	0.79	0.9	0.78	0.96	0.29	0.3	0.88	0.33		0.9	0.29	0.09	0.43	-0.11	0.87	0.44	-0.22	0.5	-0.01	0.06
Total Operating Expenses	0.45	0.61	0.92	0.99	0.97	0.98	0.59	0.6	0.99	0.64	0.9		0.6	0.26	0.63	0.26	0.99	0.66	0.14	0.72	-0.01	0.32
Income Before Tax	0.1	0.49	0.7	0.64	0.78	0.48	1.0	1.0	0.64	0.99	0.29	0.6		0.41	0.92	0.69	0.57	0.91	0.62	0.72	-0.28	0.41
Total Other Income Expense Net	0.06	0.76	0.38	0.25	0.31	0.19	0.35	0.36	0.29	0.35	0.09	0.26	0.41		0.33	0.35	0.28	0.3	0.41	0.51	0.62	0.79
Net Income	0.04	0.42	0.69	0.7	0.78	0.56	0.92	0.91	0.67	0.92	0.43	0.63	0.92	0.33		0.34	0.6	0.96	0.26	0.77	-0.28	0.25
Income Tax Expense	0.15	0.39	0.4	0.25	0.41	0.12	0.68	0.68	0.28	0.66	-0.11	0.26	0.69	0.35	0.34		0.27	0.39	0.97	0.29	-0.15	0.51
Selling And Marketing Expenses	0.46	0.63	0.91	0.97	0.95	0.97	0.57	0.58	0.97	0.6	0.87	0.99	0.57	0.28	0.6	0.27		0.64	0.13	0.76	0.06	0.39
Net Income From Continuing Ops	0.05	0.49	0.75	0.71	0.8	0.58	0.91	0.91	0.7	0.9	0.44	0.66	0.91	0.3	0.96	0.39	0.64		0.28	0.85	-0.28	0.31
Tax Provision	0.11	0.35	0.29	0.13	0.3	-0.01	0.6	0.61	0.16	0.59	-0.22	0.14	0.62	0.41	0.26	0.97	0.13	0.28		0.18	-0.12	0.5
Interest Income	0.14	0.68	0.77	0.71	0.77	0.64	0.7	0.72	0.74	0.69	0.5	0.72	0.72	0.51	0.77	0.29	0.76	0.85	0.18		0.16	0.6
Net Interest Income	0.21	0.49	-0.09	-0.08	-0.11	-0.01	-0.34	-0.34	-0.03	-0.32	-0.01	-0.01	-0.28	0.62	-0.28	-0.15	0.06	-0.28	-0.12	0.16		0.65
Reconciled Depreciation	0.33	0.84	0.39	0.26	0.35	0.22	0.36	0.37	0.33	0.34	0.06	0.32	0.41	0.79	0.25	0.51	0.39	0.31	0.5	0.6	0.65

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AudioCodes Account Relationship Matchups

AudioCodes income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	2.0M	2.3M	2.4M	3.0M	2.6M	3.5M
Interest Expense	198K	657K	621K	2.9M	1.6M	1.1M
Selling General Administrative	11.8M	14.2M	15.9M	17.5M	16.5M	12.4M
Total Revenue	200.3M	220.8M	248.9M	275.1M	244.4M	150.4M
Gross Profit	95.0M	149.8M	170.9M	178.8M	158.3M	90.2M
Other Operating Expenses	209.8M	182.4M	209.4M	243.8M	230.0M	142.9M
Operating Income	(9.6M)	38.4M	39.5M	31.3M	14.4M	15.1M
Ebit	(9.6M)	38.4M	39.5M	31.3M	15.9M	16.7M
Research Development	41.2M	46.1M	53.4M	59.8M	57.2M	33.0M
Ebitda	(7.5M)	40.6M	42.0M	34.3M	18.5M	11.2M
Cost Of Revenue	105.3M	71.0M	78.0M	96.3M	86.0M	60.2M
Total Operating Expenses	104.5M	111.5M	131.4M	147.5M	143.9M	82.7M
Income Before Tax	(11.3M)	36.6M	39.6M	34.2M	14.4M	15.1M
Total Other Income Expense Net	(1.8M)	(1.7M)	123K	2.9M	(52K)	(54.6K)
Net Income	4.0M	27.2M	33.8M	28.5M	8.8M	9.2M
Income Tax Expense	(15.3M)	9.4M	5.9M	5.7M	5.6M	5.9M
Net Income Applicable To Common Shares	4.0M	27.2M	33.8M	28.5M	32.7M	34.4M
Selling And Marketing Expenses	51.5M	51.2M	62.1M	70.1M	70.2M	47.2M
Net Income From Continuing Ops	4.0M	27.2M	33.8M	28.5M	12.7M	15.4M
Tax Provision	(15.3M)	9.4M	5.9M	5.7M	5.2M	5.5M
Interest Income	1.0M	1.3M	2.7M	2.8M	2.3M	1.8M
Net Interest Income	490K	(1.7M)	123K	2.9M	1.6M	814.8K
Reconciled Depreciation	2.0M	2.3M	2.4M	3.0M	2.7M	2.7M

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When determining whether AudioCodes offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AudioCodes' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Audiocodes Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Audiocodes Stock:

How To Invest In AudioCodes

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Is AudioCodes Stock a good investment?

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For information on how to trade AudioCodes Stock refer to our How to Trade AudioCodes Stock guide.

You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Is Communications Equipment 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 AudioCodes. If investors know AudioCodes 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 AudioCodes listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.35)

Dividend Share

0.18

Earnings Share

0.4

Revenue Per Share

8.046

Quarterly Revenue Growth

(0.02)

The market value of AudioCodes is measured differently than its book value, which is the value of AudioCodes that is recorded on the company's balance sheet. Investors also form their own opinion of AudioCodes' value that differs from its market value or its book value, called intrinsic value, which is AudioCodes' 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 AudioCodes' market value can be influenced by many factors that don't directly affect AudioCodes' 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 AudioCodes' value and its price as these two are different measures arrived at by different means. Investors typically determine if AudioCodes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AudioCodes' 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.

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AudioCodes Historical Income Statement

About AudioCodes Income Statement Analysis

AudioCodes Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Cost Of Revenue

AudioCodes income statement Correlations

AudioCodes Account Relationship Matchups

High Positive Relationship

High Negative Relationship

AudioCodes income statement Accounts

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Ebit	+ 1.0	Operating Income
Income Before Tax	+ 1.0	Operating Income
Income Before Tax	+ 1.0	Ebit
Research Development	+ 0.99	Total Revenue
Total Operating Expenses	+ 0.99	Total Revenue
Ebitda	+ 0.99	Operating Income

Net Interest Income	- 0.34	Ebit
Net Interest Income	- 0.34	Operating Income
Net Interest Income	- 0.32	Ebitda
Net Interest Income	- 0.28	Net Income From Continuing Ops
Net Interest Income	- 0.28	Net Income
Net Interest Income	- 0.28	Income Before Tax