Bright Historical Income Statement
| DRUG Stock | USD 44.00 4.82 12.30% |
Historical analysis of Bright Minds income statement accounts such as Selling General Administrative of 1.3 M or Selling And Marketing Expenses of 130.5 K can show how well Bright Minds Biosciences performed in making a profits. Evaluating Bright Minds income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Bright Minds's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Bright Minds Biosciences 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 Bright Minds Biosciences is a good buy for the upcoming year.
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About Bright Income Statement Analysis
Bright Minds Biosciences 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 Bright Minds shareholders. The income statement also shows Bright 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).
Bright Minds Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Bright Minds Biosciences. It is also known as Bright Minds 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.Most accounts from Bright Minds' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Bright Minds Biosciences 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Bright Minds Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. The Bright Minds' current Reconciled Depreciation is estimated to increase to about 87.5 K, while Depreciation And Amortization is projected to decrease to roughly 51.8 K.
Bright Minds income statement Correlations
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Bright Minds Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bright Minds income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 474.93 | 8.6K | 6.0K | 72.5K | 65.2K | 51.8K | |
| Selling General Administrative | 104.9K | 1.4M | 2.0M | 2.1M | 2.4M | 1.3M | |
| Selling And Marketing Expenses | 9.6K | 852.2K | 551.9K | 119.4K | 137.3K | 130.5K | |
| Other Operating Expenses | 469.4K | 8.6M | 14.7M | 7.2M | 8.3M | 6.8M | |
| Operating Income | (469.4K) | (8.8M) | (14.7M) | (7.2M) | (6.5M) | (6.8M) | |
| Ebit | (469.4K) | (8.8M) | (15.0M) | (7.4M) | (6.6M) | (6.9M) | |
| Research Development | 354.9K | 6.3M | 12.2M | 5.0M | 5.7M | 5.3M | |
| Ebitda | (469.4K) | (8.8M) | (15.0M) | (7.3M) | (6.6M) | (6.9M) | |
| Total Operating Expenses | 469.4K | 8.6M | 14.7M | 7.2M | 8.3M | 6.8M | |
| Income Before Tax | (480.4K) | (8.7M) | (15.0M) | (7.4M) | (6.6M) | (7.0M) | |
| Total Other Income Expense Net | (11.0K) | 107.8K | (232.9K) | (157.3K) | (141.6K) | (134.5K) | |
| Net Income | (485.9K) | (8.5M) | (15.2M) | (7.4M) | (6.6M) | (7.0M) | |
| Income Tax Expense | 5.6K | (135.4K) | 222.8K | (14.2K) | (16.3K) | (15.5K) |
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When determining whether Bright Minds Biosciences is a strong investment it is important to analyze Bright Minds' 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 Bright Minds' future performance. For an informed investment choice regarding Bright Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Bright Minds Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Biotechnology 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 Bright Minds. If investors know Bright 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 Bright Minds listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.63) | Return On Assets (0.29) | Return On Equity (0.52) |
The market value of Bright Minds Biosciences is measured differently than its book value, which is the value of Bright that is recorded on the company's balance sheet. Investors also form their own opinion of Bright Minds' value that differs from its market value or its book value, called intrinsic value, which is Bright Minds' 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 Bright Minds' market value can be influenced by many factors that don't directly affect Bright Minds' 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 Bright Minds' value and its price as these two are different measures arrived at by different means. Investors typically determine if Bright Minds is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bright Minds' 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.