Forum Historical Income Statement

FMC Stock  CAD 0.07  0.01  8.33%   
Historical analysis of Forum Energy income statement accounts such as Total Operating Expenses of 7.8 M or Income Tax Expense of 26.7 K can show how well Forum Energy Metals performed in making a profits. Evaluating Forum Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Forum Energy's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Forum Energy Metals 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 Forum Energy Metals is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Forum Energy Metals. 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.

About Forum Income Statement Analysis

Forum Energy Metals 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 Forum Energy shareholders. The income statement also shows Forum 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).

Forum Energy Income Statement Chart

At this time, Forum Energy's Depreciation And Amortization is fairly stable compared to the past year. Other Operating Expenses is likely to climb to about 7.8 M in 2024, despite the fact that EBIT is likely to grow to (5.5 M).

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.

Other Operating Expenses

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

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Forum Energy Metals financial statement analysis. It represents the amount of money remaining after all of Forum Energy Metals operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Forum Energy income statement and is an important metric when analyzing Forum Energy Metals profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Net Income Applicable To Common Shares

The net income that remains after preferred dividends have been deducted, available to common shareholders.
Most accounts from Forum Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Forum Energy Metals 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 Forum Energy Metals. 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, Forum Energy's Depreciation And Amortization is fairly stable compared to the past year. Other Operating Expenses is likely to climb to about 7.8 M in 2024, despite the fact that EBIT is likely to grow to (5.5 M).
 2022 2023 2024 (projected)
Other Operating Expenses6.5M7.4M7.8M
Depreciation And Amortization18.9K21.8K22.9K

Forum Energy income statement Correlations

0.85-0.78-0.75-0.750.95-0.74-0.17-0.740.630.330.010.480.36-0.36-0.740.770.770.86
0.85-0.97-0.94-0.940.93-0.91-0.27-0.910.770.6-0.10.54-0.10.1-0.80.890.890.85
-0.78-0.970.970.97-0.870.940.290.94-0.74-0.660.12-0.520.18-0.180.82-0.82-0.82-0.75
-0.75-0.940.971.0-0.840.840.510.84-0.86-0.690.02-0.460.19-0.190.77-0.79-0.79-0.71
-0.75-0.940.971.0-0.840.840.510.84-0.86-0.690.02-0.460.19-0.20.77-0.79-0.79-0.71
0.950.93-0.87-0.84-0.84-0.81-0.22-0.810.710.44-0.020.510.28-0.28-0.750.840.840.9
-0.74-0.910.940.840.84-0.81-0.021.0-0.48-0.580.25-0.550.17-0.170.82-0.76-0.76-0.68
-0.17-0.270.290.510.51-0.22-0.02-0.03-0.79-0.37-0.360.020.12-0.120.11-0.17-0.17-0.14
-0.74-0.910.940.840.84-0.811.0-0.03-0.48-0.580.25-0.560.17-0.170.81-0.76-0.76-0.67
0.630.77-0.74-0.86-0.860.71-0.48-0.79-0.480.560.190.27-0.10.1-0.530.70.70.69
0.330.6-0.66-0.69-0.690.44-0.58-0.37-0.580.560.340.07-0.380.38-0.730.550.550.33
0.01-0.10.120.020.02-0.020.25-0.360.250.190.34-0.680.22-0.22-0.3-0.02-0.02-0.05
0.480.54-0.52-0.46-0.460.51-0.550.02-0.560.270.07-0.68-0.020.02-0.140.410.410.43
0.36-0.10.180.190.190.280.170.120.17-0.1-0.380.22-0.02-1.00.07-0.05-0.050.2
-0.360.1-0.18-0.19-0.2-0.28-0.17-0.12-0.170.10.38-0.220.02-1.0-0.070.050.05-0.2
-0.74-0.80.820.770.77-0.750.820.110.81-0.53-0.73-0.3-0.140.07-0.07-0.75-0.75-0.66
0.770.89-0.82-0.79-0.790.84-0.76-0.17-0.760.70.55-0.020.41-0.050.05-0.751.00.92
0.770.89-0.82-0.79-0.790.84-0.76-0.17-0.760.70.55-0.020.41-0.050.05-0.751.00.92
0.860.85-0.75-0.71-0.710.9-0.68-0.14-0.670.690.33-0.050.430.2-0.2-0.660.920.92
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Forum Energy Account Relationship Matchups

Forum Energy income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization927.02.7K3.3K18.9K21.8K22.9K
Other Operating Expenses793.2K4.0M5.0M6.5M7.4M7.8M
Operating Income(793.2K)(4.1M)(4.9M)(6.5M)(5.8M)(5.5M)
Ebit514.6K(4.1M)(4.9M)(6.5M)(5.8M)(5.5M)
Ebitda517.3K(4.1M)(4.9M)(6.5M)(5.8M)(5.5M)
Total Operating Expenses564.8K1.3M2.1M6.5M7.4M7.8M
Net Income(2.1M)(3.4M)(4.6M)(5.4M)(4.8M)(4.6M)
Income Tax Expense1.3M(15.2K)76.5K22.1K25.4K26.7K
Income Before Tax(2.1M)(3.4M)(4.6M)(5.3M)(4.8M)(4.6M)
Total Other Income Expense Net(1.3M)608.3K376.6K1.1M1.3M1.4M
Selling General Administrative564.8K1.3M2.1M1.5M1.7M1.2M
Selling And Marketing Expenses2.1K4.8K7.0K20.1K18.0K19.6K
Gross Profit(228.4K)(2.7M)(2.9M)(18.9K)(17.0K)(17.9K)
Cost Of Revenue228.4K2.7M2.9M18.9K21.8K20.7K
Net Income From Continuing Ops(2.1M)(3.4M)(4.6M)(5.4M)(4.8M)(4.6M)
Net Income Applicable To Common Shares(1.2M)(1.3M)(2.1M)(3.4M)(3.1M)(3.2M)
Reconciled Depreciation927.02.7K3.3K18.9K21.8K22.9K

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Additional Tools for Forum Stock Analysis

When running Forum Energy's price analysis, check to measure Forum Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Forum Energy is operating at the current time. Most of Forum Energy's value examination focuses on studying past and present price action to predict the probability of Forum Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forum Energy's price. Additionally, you may evaluate how the addition of Forum Energy to your portfolios can decrease your overall portfolio volatility.