Destination Historical Income Statement
DXLG Stock | USD 2.81 0.10 3.44% |
Historical analysis of Destination income statement accounts such as Gross Profit of 144.8 M or Other Operating Expenses of 355.5 M can show how well Destination XL Group performed in making a profits. Evaluating Destination income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Destination's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Destination XL 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 Destination XL Group is a good buy for the upcoming year.
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About Destination Income Statement Analysis
Destination XL 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 Destination shareholders. The income statement also shows Destination 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).
Destination Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Destination XL 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 Destination XL Group minus its cost of goods sold. It is profit before Destination 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 Destination XL Group. It is also known as Destination 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 Destination XL Group income statement and represents the costs associated with goods and services Destination 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 Destination's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Destination XL 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Destination XL 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 bureau of economic analysis. At this time, Destination's EBIT is most likely to increase significantly in the upcoming years. The Destination's current EBITDA is estimated to increase to about 58.7 M, while Gross Profit is projected to decrease to roughly 144.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 505.0M | 545.8M | 521.8M | 359.1M | Depreciation And Amortization | 17.2M | 15.4M | 13.8M | 14.4M |
Destination income statement Correlations
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Destination Account Relationship Matchups
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Destination income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 24.6M | 21.5M | 17.2M | 15.4M | 13.8M | 14.4M | |
Total Revenue | 474.0M | 318.9M | 505.0M | 545.8M | 521.8M | 359.1M | |
Gross Profit | 204.2M | 104.9M | 249.8M | 272.6M | 238.6M | 144.8M | |
Other Operating Expenses | 475.1M | 364.6M | 445.4M | 487.4M | 479.9M | 355.5M | |
Operating Income | (1.0M) | (45.7M) | 62.0M | 58.6M | 41.9M | 44.0M | |
Ebit | (1.0M) | (60.5M) | 59.6M | 58.4M | 42.1M | 44.2M | |
Ebitda | 23.5M | (39.0M) | 76.9M | 73.8M | 55.9M | 58.7M | |
Cost Of Revenue | 269.8M | 214.1M | 255.2M | 273.2M | 283.2M | 214.4M | |
Total Operating Expenses | 205.2M | 150.5M | 190.2M | 214.2M | 210.5M | 141.5M | |
Income Before Tax | (7.7M) | (64.4M) | 57.6M | 58.3M | 38.4M | 40.3M | |
Total Other Income Expense Net | (6.7M) | (3.9M) | (4.4M) | (251K) | (3.6M) | (3.4M) | |
Net Income | (7.8M) | (64.5M) | 56.7M | 89.1M | 27.9M | 29.2M | |
Income Tax Expense | 105K | 106K | 917K | (30.8M) | 10.5M | 11.1M | |
Interest Expense | 3.3M | 3.9M | 4.4M | 251K | 288.7K | 274.2K | |
Selling General Administrative | 180.7M | 117.2M | 149.0M | 166.3M | 165.6M | 139.9M | |
Net Income Applicable To Common Shares | (7.8M) | (64.5M) | 56.7M | 89.1M | 102.5M | 107.6M | |
Net Income From Continuing Ops | (7.8M) | (64.5M) | 56.7M | 89.1M | 27.9M | 29.2M | |
Selling And Marketing Expenses | 22.9M | 11.9M | 24M | 32.5M | 30.9M | 26.5M | |
Tax Provision | 105K | 106K | 917K | (30.8M) | 10.5M | 11.1M | |
Net Interest Income | (3.3M) | (3.9M) | (4.4M) | (251K) | 2.1M | 2.2M | |
Reconciled Depreciation | 24.6M | 21.5M | 17.2M | 15.4M | 13.8M | 17.4M |
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When determining whether Destination XL Group is a strong investment it is important to analyze Destination'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 Destination's future performance. For an informed investment choice regarding Destination Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Destination XL 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 bureau of economic analysis. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Specialty Retail 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 Destination. If investors know Destination 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 Destination 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 (0.78) | Earnings Share 0.15 | Revenue Per Share 8.429 | Quarterly Revenue Growth (0.11) | Return On Assets 0.0364 |
The market value of Destination XL Group is measured differently than its book value, which is the value of Destination that is recorded on the company's balance sheet. Investors also form their own opinion of Destination's value that differs from its market value or its book value, called intrinsic value, which is Destination'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 Destination's market value can be influenced by many factors that don't directly affect Destination'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 Destination's value and its price as these two are different measures arrived at by different means. Investors typically determine if Destination is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Destination'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.