Primis Historical Income Statement
FRST Stock | USD 12.38 0.01 0.08% |
Historical analysis of Primis Financial income statement accounts such as Total Revenue of 142.4 M or Gross Profit of 226.1 M can show how well Primis Financial Corp performed in making a profits. Evaluating Primis Financial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Primis Financial's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Primis Financial Corp 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 Primis Financial Corp is a good buy for the upcoming year.
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About Primis Income Statement Analysis
Primis Financial Corp 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 Primis Financial shareholders. The income statement also shows Primis 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).
Primis Financial Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Primis Financial Corp 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 Primis Financial Corp minus its cost of goods sold. It is profit before Primis Financial 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 Primis Financial Corp. It is also known as Primis Financial 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 Primis Financial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Primis Financial Corp 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 Primis Financial Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. At this time, Primis Financial's Income Before Tax is comparatively stable compared to the past year. Net Income is likely to gain to about 11.2 M in 2024, whereas Total Other Income Expense Net is likely to drop (13 M) in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 94.3M | 115.4M | 215.4M | 226.1M | Total Revenue | 103.9M | 125.8M | 135.6M | 142.4M |
Primis Financial income statement Correlations
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Primis Financial income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 9.6M | 6.3M | 2.4M | 3.8M | (23.6M) | (22.4M) | |
Interest Expense | 36.9M | 26.1M | 19.0M | 21.6M | 10.1M | 13.4M | |
Selling General Administrative | 30.3M | 41.4M | 42.3M | 49.0M | 15.7M | 17.6M | |
Total Revenue | 93.5M | 99.8M | 103.9M | 125.8M | 135.6M | 142.4M | |
Gross Profit | 83.3M | 91.8M | 94.3M | 115.4M | 215.4M | 226.1M | |
Other Operating Expenses | 54.2M | 69.9M | 64.0M | 18.3M | 124.4M | 130.6M | |
Operating Income | 39.2M | 29.9M | 40.0M | 50.0M | 23.6M | 25.2M | |
Ebit | 31.1M | 31.8M | 45.4M | 47.5M | 13.5M | 24.1M | |
Ebitda | 40.7M | 38.1M | 47.8M | 51.3M | (10.1M) | (9.6M) | |
Total Operating Expenses | (54.2M) | (69.9M) | (64.0M) | 7.9M | 124.4M | 130.6M | |
Income Before Tax | 39.2M | 29.9M | 39.7M | 22.3M | 11.2M | 15.3M | |
Total Other Income Expense Net | (67.5M) | 8.5M | 8.7M | (1.4M) | (12.4M) | (13.0M) | |
Net Income | 33.2M | 23.3M | 31.2M | 17.7M | 9.9M | 11.2M | |
Income Tax Expense | 6.1M | 6.6M | 8.7M | 4.5M | 3.6M | 4.4M | |
Cost Of Revenue | 10.2M | 8.0M | 9.6M | 10.4M | (79.8M) | (75.8M) | |
Net Income Applicable To Common Shares | 33.2M | 23.3M | 31.2M | 17.7M | 20.4M | 12.6M | |
Net Income From Continuing Ops | 33.2M | 23.3M | 31.0M | 17.7M | 5.4M | 5.2M | |
Non Operating Income Net Other | 4.3M | 2.8M | (3.2M) | (34.1M) | (30.7M) | (29.2M) | |
Tax Provision | 6.1M | 6.6M | 8.7M | 4.5M | 3.8M | 5.5M | |
Net Interest Income | 83.6M | 91.6M | 94.2M | 104.5M | 111.3M | 88.1M | |
Interest Income | 120.5M | 117.8M | 113.2M | 126.1M | 189.0M | 117.5M | |
Reconciled Depreciation | 8.2M | 8.2M | 1.4M | 1.3M | 9.4M | 9.9M |
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When running Primis Financial's price analysis, check to measure Primis Financial'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 Primis Financial is operating at the current time. Most of Primis Financial's value examination focuses on studying past and present price action to predict the probability of Primis Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Primis Financial's price. Additionally, you may evaluate how the addition of Primis Financial to your portfolios can decrease your overall portfolio volatility.