Exro Historical Income Statement
| EXRO Stock | 0.13 0.01 7.14% |
Historical analysis of Exro Technologies income statement accounts such as Selling And Marketing Expenses of 13.4 M or Other Operating Expenses of 52 M can show how well Exro Technologies performed in making a profits. Evaluating Exro Technologies income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Exro Technologies's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Exro Technologies 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 Exro Technologies is a good buy for the upcoming year.
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About Exro Income Statement Analysis
Exro Technologies 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 Exro Technologies shareholders. The income statement also shows Exro 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).
Exro Technologies 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 Exro Technologies. It is also known as Exro Technologies 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.Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Most accounts from Exro Technologies' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Exro Technologies 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 Exro Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Exro Technologies' Interest Income is very stable compared to the past year. As of the 13th of December 2024, Research Development is likely to grow to about 13.5 M, though Operating Income is likely to grow to (41.6 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 700.9K | 1.9M | 26.9M | 28.3M | Research Development | 7.4M | 8.8M | 12.8M | 13.5M |
Exro Technologies income statement Correlations
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Exro Technologies Account Relationship Matchups
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High Negative Relationship
Exro Technologies income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 51.3K | 194.3K | 700.9K | 2.2M | 3.1M | 3.3M | |
| Selling General Administrative | 3.8M | 5.3M | 17.1M | 16.4M | 29.2M | 30.6M | |
| Selling And Marketing Expenses | 215.6K | 3.0M | 5.4M | 11.1M | 12.8M | 13.4M | |
| Other Operating Expenses | 4.6M | 10.7M | 30.6M | 40.4M | 49.5M | 52.0M | |
| Operating Income | (4.6M) | (10.6M) | (36.8M) | (37.2M) | (43.8M) | (41.6M) | |
| Ebit | (4.6M) | (10.6M) | (36.8M) | (37.2M) | (43.8M) | (41.6M) | |
| Ebitda | (4.6M) | (10.4M) | (36.1M) | (35.0M) | (40.7M) | (38.6M) | |
| Total Operating Expenses | 4.6M | 10.7M | 30.6M | 38.5M | 22.6M | 12.5M | |
| Income Before Tax | (4.7M) | (11.0M) | (24.6M) | (40.0M) | (50.6M) | (48.1M) | |
| Total Other Income Expense Net | (37.3K) | (330.7K) | 12.3M | (2.8M) | (6.8M) | (6.5M) | |
| Net Income | (4.7M) | (11.0M) | (18.5M) | (42.8M) | (50.6M) | (48.1M) | |
| Income Tax Expense | 5.4K | 27.0K | (6.1M) | 2.8M | (1.0) | (1.05) | |
| Interest Expense | 5.4K | 25.9K | 122.8K | 2.8M | 2.5M | 2.6M | |
| Gross Profit | (51.3K) | (194.3K) | (700.9K) | 284.8K | (21.2M) | (20.1M) | |
| Interest Income | 904.0 | 53.3K | 6.2M | 923.9K | 1.1M | 1.1M | |
| Net Income Applicable To Common Shares | (4.7M) | (11.0M) | (24.6M) | (40.0M) | (36.0M) | (34.2M) | |
| Net Interest Income | (4.5K) | 27.4K | (122.8K) | (862.5K) | (1.9M) | (1.8M) | |
| Net Income From Continuing Ops | (4.7M) | (11.0M) | (24.6M) | (40.0M) | (44.7M) | (42.5M) | |
| Research Development | 536.3K | 2.3M | 7.4M | 8.8M | 12.8M | 13.5M | |
| Cost Of Revenue | 51.3K | 194.3K | 700.9K | 1.9M | 26.9M | 28.3M | |
| Reconciled Depreciation | 51.3K | 194.3K | 701.2K | 2.2M | 3.0M | 3.1M |
Pair Trading with Exro Technologies
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Exro Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Exro Technologies will appreciate offsetting losses from the drop in the long position's value.Moving against Exro Stock
The ability to find closely correlated positions to Exro Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Exro Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Exro Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Exro Technologies to buy it.
The correlation of Exro Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Exro Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Exro Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Exro Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Exro Stock
Exro Technologies 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 Exro Technologies shareholders. The income statement also shows Exro 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).